1月30日晚，AIGC软件A股上市公司万兴科技（300624.SZ）发布2025年度业绩预告。报告显示，2025 年万兴科技产品矩阵化成果显现，新业务加速成长，全年收入稳步增长；同时，AI投入持续，全年AI 服务器调用量超13亿次，同比增长超140%；营销策略加速转型，公司销售费用率年内呈下降趋势，公 司年度利润显著减亏，预计2025年归属于上市公司股东的净利润同比增长41.88%-60.23%，扣非净利同 比增长16.28%-41.08%，业绩总体改善明显。 根据报告，2025年，万兴科技AI原生应用及移动端产品收入保持较快增长，持续推动公司业务结构升 级；公司桌面端产品底座扎实，整体保持平稳。同时，北京磨刀刻石自2025年起不再纳入公司合并报表 范围，对当期合并收入规模产生一定影响；AI投入方面，公司持续聚焦AI垂直领域的技术研发与产品 化应用，围绕核心技术能力加大研发投入，持续夯实产品竞争力。据了解，万兴科技于2025年重磅发布 万兴天幕音视频多媒体大模型2.0，其海外版ToMoviee 2.0 AI综合得分跻身VBench-2.0评测榜单全球 TOP3，摄像机运动和运动合理性关键指标斩获全球第一，并推 ...

万兴科技公告，预计2025年度净利润为负值，预计归属于上市公司股东的净利润为-9500万元至-6500万 元，上年同期为-1.63亿元，比上年同期增长41.88%至60.23%；扣除非经常性损益后的净利润为-1.35亿 元至-9500万元，上年同期为-1.61亿元，比上年同期增长16.28%至41.08%。 ...

证券代码：300624 证券简称：万兴科技 公告编号：2026-003 万兴科技集团股份有限公司 2025年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 2、业绩预告情况：预计净利润为负值 （1）以区间数进行业绩预告的 单位：万元 1、产品矩阵化成果显现：报告期内，公司 AI 原生应用及移动端产品收入保 持较快增长，持续推动公司业务结构升级；公司桌面端产品底座扎实，市场竞争 格局相对成熟，整体保持平稳。同时，北京磨刀刻石科技有限公司自 2025 年起 不再纳入公司合并报表范围，对当期合并收入规模产生一定影响。总体来看，公 司新业务加速成长，全年收入稳步增长，产品矩阵化成果逐步显现。 2、AI 投入持续：公司持续聚焦 AI 垂直领域的技术研发与产品化应用，围 绕核心技术能力加大研发投入，不断推动技术成果向产品落地转化，持续夯实产 证券代码：300624 证券简称：万兴科技 公告编号：2026-003 品竞争力。公司旗下产品积极全面拥抱 AI， ...

Core Insights - The partnership between Lingman Kuaichuang and Wanxing Technology marks a significant milestone in the AI comic drama sector, with Wanxing investing tens of millions to enhance Lingman's capabilities and market position [1][2] - The collaboration aims to leverage Wanxing's 20 years of experience in international markets to facilitate the global expansion of AI comic dramas, establishing a solid foundation for scaling and ecosystem development [1][2] Company Overview - Lingman Kuaichuang focuses on high-quality content creation, utilizing AI technology to revolutionize the comic drama production process, and has successfully produced several hit series with significant viewership [3] - Wanxing Technology is a leading player in the digital creative software sector in China, with a global presence in over 200 countries and regions, and has developed a one-stop platform for comic drama production [4] Strategic Goals - The investment will be used to expand the team, enhance production capacity, secure top screenwriter resources, and strengthen content distribution capabilities, aiming to create a market-leading competitive edge [1][2] - Both companies aim to build a technological foundation and expand market space collaboratively, fostering a healthy ecosystem for the AI comic drama industry [2] Market Potential - The AI comic drama sector is seen as entering a golden period, with predictions indicating that the market size could exceed 24.3 billion yuan by 2026, highlighting the significant growth potential [2] - AI's capabilities in data processing and creative generation are becoming indispensable in comic drama production, driving efficiency and innovation [2]

Core Insights - The partnership between Hangzhou Lingman Kuaichuang Technology Co., Ltd. and AIGC software company Wanxing Technology marks a significant milestone in the AI comic drama sector, with Wanxing investing tens of millions to enhance Lingman’s capabilities and market position [1][2] Group 1: Investment and Strategic Goals - Wanxing Technology's investment will primarily be used to expand the team, increase production capacity, secure top screenwriter resources, and strengthen content distribution capabilities [1] - The collaboration aims to leverage Wanxing's 20 years of overseas experience to facilitate the global expansion of AI comic dramas, establishing a solid foundation for the ecosystem [1][2] Group 2: Technological Advancements and Industry Impact - AI comic dramas are entering a co-creation era, with AI technology significantly enhancing script creation, character generation, and overall production efficiency, achieving over five times improvement in productivity [2][4] - The industry anticipates a boom in comic dramas by 2025, with market size projected to exceed 24.3 billion yuan by 2026, highlighting the vast potential of AI in this creative field [2] Group 3: Company Profiles and Achievements - Lingman Kuaichuang focuses on high-quality content creation, utilizing AI to revolutionize the comic drama production process, and has successfully produced several hit series with over 150 million views [3] - Wanxing Technology, known as the "Chinese version of Adobe," has a broad product range in digital creative software and serves over 2 billion active users globally, enhancing its position in the market [4][5]

36氪获悉，灵漫快创宣布获得AIGC软件A股上市公司万兴科技千万级战略投资，资金主要用于扩充团 队、锁定头部编剧团队资源、强化内容发行能力。 ...

AI应用概念股今日大涨，其中万兴科技(300624.SZ)一度冲高至10%，股价再度逼近100元大关，总市值186亿元。 万兴科技业务覆盖全球200多个国家和地区，累计活跃用户超过20亿，在全球视频创意工具市场中具备广泛的用户基础。2025年6月，公司推出万兴天幕音视 频多媒体大模型2.0，其海外版本在VBench-2.0文生视频评测中跻身全球前三。而公司旗下多款海外产品已接入谷歌新一代图像生成与编辑模型Nano Banana Pro、新一代AI视频生成模型Veo 3.1，以及OpenAI新一代视频生成模型Sora 2。此外，在AIGC软件领域，万兴科技已推出万兴喵影、万兴图示等爆火创意设 计软件产品。 广发证券表示，近期国内外AI Agent密集推出，推理成本持续降低，ai应用有望进入新一轮的催化期，产业逻辑与催化映射角度皆有机会。 消息上，近期人工智能(AI)持续火爆，政策扎推推出。万兴科技旗下AIGC视频创作平台万兴天幕创作广场文生图功能于近日推出全新写实版模式。为巩固 AI产品的长期竞争力，万兴科技在人才领域持续加码。 ...

Core Viewpoint - The short video sector is experiencing significant gains, with multiple companies reaching their daily price limits [1] Group 1: Company Performance - People's Daily, Inertia Media, and Zhejiang Wenlian have all hit the daily limit up [1] - BlueFocus Communication Group, Chinese Online, Wanxing Technology, Jiuqi Software, and Simay Media are among the stocks with notable price increases [1]

本报讯 （记者舒娅疆）1月27日，记者从万兴科技（300624）集团股份有限公司（以下简称"万兴科 技"）获悉，该公司旗下AIGC视频创作平台万兴天幕创作广场文生图功能于近日推出全新写实版模式， 为创作者提供更高质量、更高效率的图像生成能力，满足商业摄影替代、人物海报与宣传物料制作、插 画创作及概念设定图生成等多类场景需求。通过持续对AI视觉创作能力的升级，万兴科技积极为用户 提供高价值、低门槛的专业工具，重塑内容生产工作流。 围绕视频、绘图、文档等核心创作场景，万兴科技正在持续完善底层模型能力，并推动场景化应用与商 业化落地。 为巩固AI产品的长期竞争力，万兴科技在人才领域持续加码。据悉，其正在推进的2026届全球校园招 聘开放产品、研发等五大类岗位，为应届生和研发人才提供较为丰厚的薪酬待遇，优秀者不设上限。此 外，万兴科技正在推进的AIGC实习生招募"Wonder Nova新星计划"，面向2026届及后续学年毕业的本/ 硕/博在校生，开放上千个实习岗位。 目前，生成式AI正加速走向实际生产与商业应用阶段。相关研究机构发布的数据显示，全球AI文生图 市场规模在接下来的十年内预计呈现较高速增长态势。 ...

Investment Rating - The report rates the computer industry as "Overweight," indicating that the industry is expected to outperform the overall market [9]. Core Insights - Clawdbot signifies a transition in AI product forms from "scene-level assistants" to "system-level Agent platforms," emphasizing comprehensive execution capabilities across tools and systems [3]. - The evolution of Agents is marked by a clear path from Skills to Claude Excel and Clawdbot, shifting market focus from model parameters to the ability to execute complex tasks and integrate external tools [3]. - Clawdbot's revolutionary aspect lies in its ability to understand high-level user intentions and autonomously break them down into ordered steps, enhancing automation in complex workflows [3]. - The deployment of system-level Agents faces challenges such as high complexity in enterprise deployment, data security concerns, and the need for improved stability and traceability across systems [3]. - The acceleration of Agent deployment does not imply the replacement of traditional software but rather positions Agents as intelligent interaction and automation hubs, enhancing overall efficiency [3]. Summary by Sections AI Application Key Companies Valuation - The report includes a valuation table for key AI application companies, detailing their market capitalization and projected net profits for 2024 to 2027, with notable companies such as Kingsoft Office, Yonyou Network, and Zhongkong Technology [4].