Everbright Securities pointed out that the recent centralized release of AIGC has improved the game industry. Entertainment-based game content is highly tolerant of AIGC's potential reliability risks, and recognition for its creativity and interactivity is high. AIGC's promotion progress may exceed expectations, and the valuation of the game sector is expected to increase. Maintain the “buy” rating of the Internet media industry. I am optimistic that the application of AIGC to the gaming side will progress or exceed expectations. I recommend Tencent Holdings, NetEase - S, and 37 Interactive Entertainment, and focus on mobile games and Giants Network. Focus on the AIGC industry chain: 1) Internet giants have accumulated deep AI technology to help strengthen their advantages and sell products to the B end. We recommend Tencent Holdings, Baidu Group-SW, and focus on Alibaba; 2) AI text content creation assistance, focusing on Reading Text Group, Palm Reading Technology, and Chinese Online; 3) Promoting AI applications in multi-modal content, content generation enhances film production productivity, recommending Light Media, Chinese movies, and focusing on Visual China, Wanxing Technology, and Meitu. 4) AI marketing digital people improve their intelligence level: recommend Mango supermedia, focus on blue cursors, wind words, flying clouds, and trios; 5) Data elements in AIGC development are scarce and are in line with the main line of digital China: focus on Zhejiang digital culture, Zhejiang language interconnection, Chinese science transmission, and worth buying.