Wondershare(SZ:300624)2025-09-11 12:11Summary of Wondershare Conference Call Company Overview - Company: Wondershare (300624.SZ, Not Covered) - Industry: Software, specializing in multimedia, data recovery, and PDF solutions - Key Products: Filmora, Virbo, Media.io studio, SelfyzAI, Edrawmax Key Points Discussed AI Model Enhancements - Tomoviee AI Model 2.0: Launched in June 2025, integrating in-house customized models with third-party general AI models to produce high-quality video, audio, and text content [1][4][7] - Differentiated Features: Includes camera movement AI design, AI spatial sound, and transitional content creation [7] New Product Launches - Wondershare SuperMedia AI Agent: Launched in July 2025, this AI agent utilizes the Tomoviee AI model to generate video and audio solutions, enhancing user creation efficiency [8] AI in Productivity Tools - Expansion into Productivity: AI capabilities are being integrated into tools like EdrawMax (diagramming), EdrawMind (mind mapping), and PDF solutions [8] - User Retention Improvement: EdrawMax's user retention rate improved by 6 percentage points in the first half of 2025, attributed to AI-driven diagramming features [8] - Revenue Growth: AI revenues from the PDF solution doubled in the first half of 2025, linked to a shift towards a subscription model and enhanced AI capabilities [8] Market Outlook - Positive Management Sentiment: Management expressed optimism regarding the upgrade of multi-modal AI models and their potential to drive user interest and monetization [2][4] - User Cases: AI creation (image, video, audio generation) and productivity tools are identified as top use cases favored by consumer users [2] Additional Insights - Investment in R&D: The company is investing in research and development for video and audio algorithms to further enhance its AI software functions [3] - Monetization Strategy: Software vendors are beginning to charge for AI software while balancing commercialization with user expansion [2] Conclusion Wondershare is actively enhancing its AI capabilities across its product offerings, with a strong focus on user engagement and monetization strategies. The management's positive outlook on AI advancements and their integration into both entertainment and productivity tools positions the company favorably in the evolving software landscape.