SMART FISH (00139) surged more than 17%. As of the time of writing, the stock was up 17.33%, trading at HK$0.176, with a turnover of HK$2.8744 million. According to iiMedia Consulting data, China's micro-drama market size is projected to reach RMB 67.79 billion in 2025, a year-on-year increase of 34.40%, and is expected to exceed RMB 150 billion by 2030. Previously, wish-fulfillment dramas with a single theme dominated the market; however, with industry development and the evolution of user preferences, diverse and innovative themes have emerged, making brand IP customization a mainstream trend. Huajin Securities believes that the monetization capabilities of micro-dramas in vertical niche sectors and brand customization scenarios are likely to continue strengthening. Earlier, SMART FISH successfully held a strategic upgrade conference titled "Riding the Waves × Embarking on a New Journey" in Shenzhen. At the event, the company comprehensively showcased its global technological layout achievements in the short-drama industry, marking its complete transition into the short-drama sector. Notably, the company officially launched its AIGC creation platform, "Hui Xiao Yu," which provides full-process capabilities including script creation, dialogue dubbing, and special effects synthesis, establishing a new infrastructure for the short-drama industry. Concurrently, SMART FISH initiated a new round of the "AIGC Starlight Plan," collaborating with leading industry partners to jointly produce 500 AIGC micro-dramas globally, aiming to lead industrial upgrades through scaled production and build a robust content ecosystem barrier.