COL(SZ:300364)2023-05-10 12:12Group 1: Company Overview - Chinese Online Group Co., Ltd. is actively involved in the development of IP content, including the adaptation of novels into various media formats [2][3]. - The company has a significant digital content resource pool, accumulating over 5.5 million types of digital content across various genres [4]. Group 2: AI Technology and Development - The company is leveraging AI technology to create adaptations of its IP, including comics and dynamic animations, enhancing production efficiency [3][4]. - AI models are being developed to understand literary narratives and automate content generation, which can significantly lower production costs and increase market entry opportunities [3]. Group 3: Market Potential - The domestic online literature market is valued at approximately 38.93 billion CNY, with a user base of 492 million [3]. - The animation market exceeds 200 billion CNY, while the short video market reaches 376.5 billion CNY, indicating substantial potential for IP conversion through AI [3]. Group 4: Business Model - The current business model for AI-generated comics primarily targets institutional users, with revenue sharing on major platforms in China and a purchasing model abroad [4]. - The company is exploring direct-to-consumer models in the future, enhancing its market reach [4].