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Meitu unveiled at the Digital China Construction Summit, the AI Inclusive Project has been implemented in three locations.
Sina Technology News, on the afternoon of April 30, at the eighth Digital China Construction Summit, MEITU's products such as MEITU Xiuxiu, Beauty Camera, and Kaipai were showcased. On-site, MEITU presented two major initiatives: the "MEITU AI Universal Project" and the "MEITU Traditional Chinese Culture Communication Project." It was introduced that the "MEITU AI Universal Project" includes three main Sectors; "AI for Agriculture" aims to help new farmers prosper, "AI for Education" aims to promote aesthetic education, and "AI for Enterprises" aims to assist small and micro enterprises in digital upgrading, which have been implemented in Wuzhou, Guangxi, Xiamen, Fujian, and Yiwu, Zhejiang.
MEITU (01357) rose 7.86% in the afternoon, and Institutions expect the company's subscription revenue to grow by more than 40% in 2025.
Jinwu Financial News | MEITU (01357) has seen an increase in its afternoon trading volume, up 7.86% as of the time of publication, trading at 5.35 HKD with a transaction value of 0.259 billion HKD. On the news front, CICC predicts that MEITU's subscription revenue will grow by more than 40% year-on-year by 2025, driven by both the payment rate and user growth: the payment penetration in domestic lifestyle scenarios is better than expected. The company expects that by February, the payment penetration rate in domestic lifestyle scenarios will reach 5.2%, surpassing the previous target of 5%, mainly due to the reconstruction of traditional functions by generative AI, such as using AI to replace the traditional manual double chin feature, achieving a better experience and effect.
Hong Kong stocks are experiencing fluctuations | Most AI Concept stocks are rising, Kingsoft Cloud (03896) is up over 8%, and Mifold (02556) is up over 7%.
Most AI Concept stocks have risen. As of the time of writing, Kingsoft Cloud (03896) is up 8.02%, priced at 7 Hong Kong dollars; Mai Fushi (02556) is up 7.06%, priced at 41.7 Hong Kong dollars.
Bitcoin ETFs: Grayscale's GBTC Is Dominating This Front – How?
The price of Bitcoin fell slightly after dropping below $95,000.
The price trend of Bitcoin (BTC) is relatively flat, hovering around $95,000. This flagship Cryptos broke through $95,000 last Friday, rising to $95,620 at one point, but then lost momentum, falling to the current $94,285.
MEITU: Annual Report 2024
