Understanding the Market | MEITU rises over 5%, partnering with Tongyi Wansiang to continuously promote the industrialization of AIGC technology in multiple fields

MEITU shares rose over 5%, and as of the time of writing, they increased by 4.86%, reaching HKD 9.62, with a transaction volume of HKD 495 million. In terms of news, on September 11th, according to MEITU's official Weibo account, the company has reached a cooperation with Alibaba's Tongyi Laboratory, where the Tongyi Wansiang series of cutting-edge AI models will assist MEITU's products, providing a new intelligent imaging experience for global MEITU users. Tongyi Wansiang, as the core model and product of Alibaba's Tongyi Laboratory, continues to promote the industrialization of AIGC technology in fields such as imaging, design, and film. In the future, MEITU and Alibaba's Tongyi Laboratory will continue to deepen their cooperation and explore more innovative possibilities. Dongfang Securities pointed out that in the image editing track, benefiting from the significant progress of diffusion models in generation tasks, technological generational advancements provide underlying capability support for the rejuvenation of products. MEITU's accumulation in technology and aesthetic data lays the foundation for the company to seize technological dividends. From the product side, it can be seen that the iteration of product versions and the introduction of new features are accelerating, with a significant increase in the proportion of AI functions