According to the financial community on December 21 (Editor Ruo Yu), the Doubao concept stocks are still active, with HuiZhou Intelligence Technology Group closing up for 12 days with 7 boards; the company's product EnableAI provides full lifecycle data services for AI application development for clients like ByteDance; the company's product esptool has integrated multiple AI technologies from Volcano Engine, and Espressif Systems' AI companion toy FoloToy, based on the Doubao large model, briefly hit a 20CM limit up during trading, reaching a historical high; Shenzhen AOTO Electronics, controlled subsidiary Chuangxiang Shuwei, has obtained Douyin service provider license and is at limit up.

In news, on December 18, Volcano Engine held the FORCE Original Power Conference, upgrading the Doubao family series large models, including: newly released visual understanding model and 3D generation model, upgrading the Doubao general model pro (comparable to GPT-4o), video generation model (dynamic posters), music model (generating 3-minute works, complex music creation), and text-to-image model (one-click image editing/poster). According to Volcano Engine data, the average daily tokens usage of the Doubao large model exceeded 4 trillion in December, growing more than 33 times since the May release. Yang Zeyuan and others from CITIC SEC indicated in a research report on December 20 that they are Bullish on the acceleration of AI applications represented by the Agent model in various fields under the leadership of high-quality domestic models such as Doubao by 2025, which will also drive several times the demand for computing power, suggesting attention to investment opportunities related to the AI Industry Chain.

According to a comprehensive display of data from financial community and Choice, the Doubao concept stocks that received institutional research between October 20 and December 20 include Thunder Software Technology, Zhongke Blue Letter, Richinfo Technology, Espressif Systems, Shifeng Cultural Development, Tailin Microelectronics, Juran Smart Home, Guangdong Tecsun Science & Technology, Guangdong Insight Brand Marketing Group, and Unilumin Group, detailed as follows:

Among the Doubao concept stocks that received institutional research, listed companies that explicitly responded to collaborations with Doubao include Zhongke Blue Letter, Shifeng Cultural Development, Tailin Microelectronics, and Guangdong Insight Brand Marketing Group, with the volume of institutional visits being 114, 67, 49, and 18 respectively during the same period. Zhongke Blue Letter, which specializes in R&D, design, and sales of wireless audio SoC chips, stated during institutional research on December 13 that in order to meet the growing market demand for AI headphones, they had deepened cooperation with the cloud service platform of ByteDance, Volcano Engine. Their Xunlong Generation Three BT895x chip has been integrated with the Volcano Ark MaaS platform and is now capable of providing software and hardware solutions compatible with the Doubao large model to users. Collaboration with the Doubao large model will be conducted in multiple phases, having currently adapted features such as real-time translation, meeting minutes, and real-time dialogue, while more AI functions will be launched in response to different usage scenarios in the future. The company will continue to lay out in the field of AI wearable products, further cooperating deeply with the Doubao large model to market user-friendly AI wearable solutions.

Shifeng Cultural Development, which specializes in toys, games, and New energy Fund, stated during institutional research on December 19 that they have established a strategic partnership with Lingyou Zhixue this year to develop the next generation AI toy - "AI Magic Star", which is a product of "AI + plush" based on the Doubao underlying model. This product utilizes AIGC technology and employs the advanced underlying Doubao large model for secondary training, producing a backend model that aligns with children's dialogue habits while avoiding sensitive topics. Its features include supporting multi-character switching with different personalities and adjusting responses and questions according to different contexts, enabling deeper conversations that are no longer monotonous.

Tailin Microelectronics, which holds one of the top three global market shares in the low-power Bluetooth chip sector, disclosed on December 20 during institutional research that their products support mainstream large platforms including Doubao, and can adapt to all mainstream models. From the application landing perspective of chips, greater opportunities in the AI field lie in the future deployment of various practical application scenarios, and currently, the goal of major companies is to establish ecosystems based on large models, subsequently, many other companies will generate various small models based on various platforms and apply them to massive end-side devices, creating huge market opportunities for chip companies on the end.

Guangdong Insight Brand Marketing Group, whose main business includes strategic consulting, brand management, digital integration marketing, and performance marketing, disclosed on November 3 during institutional research that the company has developed a proprietary multimodal marketing AIGC application large model, which currently integrates functions such as document-to-document, document-to-image, image-to-video, video editing, and document-to-video, providing AI generation/editing services for major clients like Tencent Games, Krafton, Meizu, among others, and has cooperated with renowned large models such as Wenxin Yiyan, Kimi, and Doubao in API interface calls. The functions and products related to the company's large model are continuously iterating and optimizing, and the commercialization progress is ongoing.

In addition, Thunder Software Technology had the highest number of institutional visits during the same period, reaching 211. On December 1, Thunder Software Technology, a global leading provider of intelligent operating system products and technologies, disclosed that it has reached a deep cooperation with Volcano Engine to jointly establish a laboratory to empower edge-side intelligence. Both parties will leverage their core technologies, products, and market advantages in their respective fields for deep innovative cooperation in the application of AI large models, establish and rely on the AI large model joint laboratory, conduct joint research projects, and share research resources. This cooperation will promote the transformation and application of research achievements of large models in the vehicle and smart hardware sectors, empowering the innovation and development of the industry. Additionally, the company announced its collaboration with Arm to establish the first Arm SystemReady Devicetree compliance laboratory in mainland China. This laboratory will provide end-to-end testing and technical support services for chip manufacturers, original equipment manufacturers (OEMs), original design manufacturers (ODMs), and system integrators, accelerating the arrival of the era of intelligent interconnectivity.