Zhejiang Data Culture's research report from Zhongtai Securities points out that the company's net profit attributable to the parent company in 2024 is expected to be 512 million yuan, a year-on-year decline of 22.84%; in Q1 2025, the net profit attributable to the parent company is expected to be 144 million yuan, a year-on-year increase of 44.86%. The company is building a development ecosystem around four directions: "Digital Culture+", "Digital Technology+", "Data Operation+", and "Innovation Track". The company will actively embrace a new round of AI opportunities, reshape its core competitiveness around AI, strengthen the construction of application scenarios, further develop an enhanced application large model matrix, and cultivate a new ecosystem for the development of vertical large model industries. Considering the stable growth of the company's game revenue, the expansion of new businesses, and the increasing demand in the IDC market, the profit expectations for the company have been appropriately raised, maintaining a "Buy" rating