MINIMAX-WP's stock experienced a significant surge of 11.80% during intraday trading on Wednesday, aligning with a broader rally in AI model concept stocks.

The movement is attributed to intensive industry exploration of monetization for large AI models. Key developments include Doubao announcing a paid subscription plan, DeepSeek's financing reportedly receiving support from state-backed funds, and Qianwen's full integration with Taobao. Furthermore, companies like MiniMax have adjusted their API pricing through various channels, signaling aggressive commercialization strategies.

Analysts are bullish on the sector's prospects. China Merchants Securities stated that the commercialization trend for AI Agents in China's large model sector is unstoppable. Other institutions have released research noting that as model performance improves and Annual Recurring Revenue soars, the list of final contenders in the large model arena is taking shape, with significant growth potential projected for the coming years.