According to the Zhitong Finance APP, gf sec released a research report stating that large firms are continuously iterating on large models and AI tools, strengthening large model capabilities, and being bullish on their empowerment of application ends. Substantial implementations are already observable in marketing, office, education, and other scenarios, enhancing efficiency; furthermore, after the official release of OpenAI's Sora, it is expected to further enhance AI video generation capabilities. In the future, it is hoped that products will continue to launch in 2C applications, and data will start to grow, being bullish on AI application investment opportunities, recommending attention to AI emotional companionship, AI toys, AI agents, AI marketing, AI education, and AI-enabled short dramas.

Event: Sam Altman announced on the platform X a 12-day live event by OpenAI, which will continuously release new AI features and products. OpenAI's video AI models Sora, o1, and 4o, as well as AI agent products, are likely to have continuous updates and the release or demonstration of official versions in the near future. Meanwhile, Google's DeepMind released Genie 2, which can generate 3D scenes from a single image and text description, potentially greatly empowering content generation processes for games, films, and advertisement materials.

GF Securities' main points are as follows:

The multi-modal capabilities of large models continue to iterate, being bullish on their empowerment of application ends.

Since OpenAI released the demo generated by Sora in February this year, the market has maintained high expectations for text-to-video models. Domestic large model companies have also successively introduced corresponding models. According to Tencent's Yuanbao official website, Tencent launched the video generation feature of the Hunyuan large model on December 3; according to Doubao and Jimeng AI, ByteDance's large model AI assistant Doubao also launched video generation beta testing in early November, and on November 15, ByteDance's video generation models Pixel Dance and Seaweed were officially launched on Jimeng AI.

Following the official release of OpenAI's Sora, it is expected to further enhance AI video generation capabilities.

In the 3D field, besides Google's Genie 2, according to World Labs' official website, Li Fei Fei's AI startup World Labs also released the "Spatial Intelligence" technology on December 2, which is an AI system that can convert a single static image into an interactive 3D scene. The implementation of Genie 2 and "Spatial Intelligence" may mark an important breakthrough for generative AI in the 3D field. Focus should be on the enhancement of multimodal capabilities of models and the empowered directions, paying attention to scenarios in IP, film and television, gaming, marketing, and education.

In terms of applications, it is recommended to focus on AI emotional companionship, AI toys, AI agents, AI marketing, AI education, and AI-enabled short dramas.

Among them, IP is one of the core elements of AI applications, AI toys are one of the important scenarios for AI implemented hardware, AI emotional companionship is an important direction for the consumer market, and AI agents are expected to change traffic entry points, which should be a focal point.

From the application perspective in AI emotional companionship, it is important to pay attention to Talkie under Minimax, Linky from Kunlun Tech; as well as the AI virtual companionship product "EVE" to be launched by Natural Selection, invested by Kingnet Network.

In terms of AI toys, venture companies could focus on BubblePal and Folotoy, while listed companies to pay attention to include Zhejiang Jinke Tom Culture Industry, Alpha Group, Shifeng Cultural Development, and Shanghai Film, among others. Observing AI agents, they are mainly implemented in scenarios such as marketing, education, office, and saas.

Investment advice

1) AI Marketing: Recommended to pay attention to Easy Point World (301171.SZ), Bluefocus Intelligent Communications Group (300058.SZ), as well as Inly Media Co., Ltd. (603598.SH), Leo Group Co., Ltd. (002131.SZ), Guangdong Advertising Group (002400.SZ), Zhewen Interactive Group (600986.SH), and others.

2) AI Toys: Pay attention to Shanghai Film (601595.SH), Zhejiang Jinke Tom Culture Industry (300459.SZ), Alpha Group (002292.SZ), Shifeng Cultural Development (002862.SZ), and others.

3) AI emotional companionship: Recommend kingnet network (002517.SZ), pay attention to kunlun tech (300418.SZ), etc.

4) AI film and television: Recommend zhejiang huace film & tv (300133.SZ), mango excellent media (300413.SZ), Bona Film Group (001330.SZ), beijing enlight media (300251.SZ), etc., pay attention to h&r century union corporation (000892.SZ), tvzone media (603721.SH) (video materials), etc.

5) AI IP: Pay attention to col group co.,ltd. (300364.SZ), shanghai film (601595.SH), alpha group (002292.SZ), zhejiang jinke tom culture industry (300459.SZ), ireader technology (603533.SH), etc.

6) AI games: Recommend kingnet network (002517.SZ), 37 interactive entertainment network technology group (002555.SZ), shanghai yaoji technology (002605.SZ), perfect world (002624.SZ), etc.

Risk warning: Industry regulations tightening, rising industry customer acquisition costs, increasing industry competition.