Alpha Group(SZ:002292)2026-02-13 02:00Summary of Conference Call Notes Company and Industry Involved - The conference call discusses Aofei Entertainment (奥飞娱乐), a company in the cultural media industry, focusing on the integration of AI and IP (Intellectual Property). Core Points and Arguments 1. A strategic partnership was established between Honor and Aofei Entertainment in November 2025 to explore the new track of "AI + Trendy Toys". The collaboration aims to create an IP matrix centered around content to promote a youth-oriented strategy [1] 2. The importance of high-quality content is emphasized as a crucial factor for navigating through economic cycles. The company plans to leverage various media and technological advancements to continuously empower IP to reach users [1] 3. Aofei Entertainment is actively embracing AI by deeply integrating with various multimodal interaction models. This integration is expected to enhance user engagement and content delivery [1] 4. The company has conducted a share buyback at an average price of 9.9 CNY per share, which is intended to align the interests of the core team and instill confidence in long-term development [1] Other Important but Possibly Overlooked Content - The focus on AI and IP indicates a strategic shift towards modernizing content delivery and enhancing user interaction, which may present new investment opportunities in the cultural media sector [1]