Huayuan Securities' Research Reports point out that the release of new products by OpenAI is expected to continue to lead the development direction of the AI industry. The continuous advancement of underlying technologies and applications by leading Internet companies like ByteDance will accelerate the practical implementation of scenario + AI in the industry. It further emphasizes AI as a transformative force at the production tool level, which will continue to permeate and optimize the industrial production chain, driving cost reduction and efficiency improvement of products and upgrading their forms, while the value of segmented scenario + AI continues to deepen. Continue to grasp the direction of scenario + AI industry, focusing on the real feedback from B-end and C-end users, as well as the innovative extension of content models and business models. Keep an eye on companies that actively embrace new technologies and possess certain advantages in data, users, and application scenarios.