Huajin Securities Research Reports point out that major participants are intensively launching new products in December, indicating that the competition in the video generation field may be entering a heated stage. On December 3, Tencent's mixed yuan model officially launched video generation capabilities and achieved open-source status, with a parameter count reaching 13 billion and showing a leading trend in comprehensive evaluations; on December 10, OpenAI officially released the Sora series products; on December 14, Pika Labs officially released version 2.0; on December 17, Google released the Veo 2 video generation model; Kuaishou also announced it will release version 1.6 of its Keling AI soon. The major participants in the video generation field have successively released significant products, which may continue to ignite the AI video boom, and it is recommended to keep an eye on domestic mapping products and related benefiting upstream and downstream industries.