MEITU (01357) surged over 5%, and as of press time, the stock was up 4.86% to HK$9.62, with trading volume reaching HK$495 million.

On the news front, on September 11, MEITU announced via its official social media that the company has reached a cooperation agreement with Alibaba's Tongyi Laboratory. The Tongyi Wanxiang series of cutting-edge AI models will empower MEITU's product portfolio, providing global MEITU users with a brand-new intelligent imaging experience. As a core model and product of Alibaba's Tongyi Laboratory, Tongyi Wanxiang continues to drive the commercialization of AIGC technology in imaging, design, film and television, and other sectors. Moving forward, MEITU and Alibaba's Tongyi Laboratory will continue to deepen their collaboration and explore more innovative possibilities.

Securities analysts point out that in the image editing sector, benefiting from significant progress of diffusion models in generative tasks, technological generational advancement provides underlying capability support for revolutionary product development. MEITU's accumulated expertise on the technical side and aesthetic data establishes a foundation for the company to capitalize on technological dividends. From a product validation perspective, the company has accelerated product version iterations and feature launches, with AI functionality accounting for a significantly increased proportion.