VCG(SZ:000681)2024-11-27 12:30Summary of the Conference Call for Visual (China) Cultural Development Co., Ltd. Company Overview - The conference call involved Visual (China) Cultural Development Co., Ltd., focusing on its strategic initiatives and performance in the AI and content creation sectors [1][2]. Key Points and Arguments AI Strategy and Content Ecosystem - The company has established a strategic framework of "AI + Content + Scenarios," leveraging its strengths in three main areas: 1. Creator Community Advantage: The company has built a community of over 35 million registered creators across 195 countries, with more than 600,000 signed creators, 65% of whom are overseas [2][3]. 2. Application Scenario Advantage: Strategic partnerships have been formed with several major model vendors, including a strategic investment in Zhipu Technology to co-develop a "Visual Large Model" based on copyright-compliant data [2][3]. 3. High-Quality Compliant Data Advantage: The company has aggregated over 200 million images and nearly 15 million videos for training large models, providing comprehensive data training solutions [3][4]. Growth in AI-Generated Content - The company reported a significant increase in AI-generated content, with video uploads on its platform growing over 10 times year-on-year. The transaction volume and download numbers for AI-generated videos have also seen substantial growth [3][4]. AI Agent Development - The company is developing AI agents using high-quality proprietary data, focusing on multi-modal generation and understanding. This includes features like intelligent search, smart image matching, and one-click video production [4][5]. Strategic Partnerships - A strategic collaboration with China Animation Group aims to build a "China Animation Data Asset Management and Trading Platform," providing comprehensive solutions for the cultural and tourism sectors [5]. Product Development and User Experience - The company has developed tools for image and video quality review, significantly reducing review costs and enhancing user experience. New features such as semantic search and intelligent tagging assistants are being gradually rolled out [4][5]. Additional Important Information - The company is expanding its business model from B2B to B2C, enhancing its service capabilities and user experience through the integration of AI technologies [4]. - The company is also working on a strategic investment in AI PPT, which will provide personalized PPT illustration services to end-users, leveraging a vast library of licensed images [4]. This summary encapsulates the key insights from the conference call, highlighting the company's strategic direction, growth in AI capabilities, and partnerships aimed at enhancing its market position in the cultural and content sectors.