According to the Wisdom Finance app, Lyon released a research report stating that the target price of Meitu Company (01357) was adjusted from HKD 3.8 to HKD 3.3 while maintaining a rating of 'outperform.' The company held the Meitu Image Festival on June 12th, and released six products, including the professional AI batch retouching software Meitu Cloud V2, AI voice-over video tool Kaipai V2, AI design tool Meitu Design Room V3, design service platform Zcool Design Service, game advertising AI production and delivery platform Qimi, and AI short film creation tool MOKI. However, at the investor conference, some people expressed concerns about potential competition from smart phone suppliers.