According to a research report from China Merchants Securities, the AI landscape is progressively transitioning from a phase dominated by model development and capital infusion to one focused on application and commercialization. Initial signs of revenue growth and operational efficiency enhancements are evident in areas such as marketing, short-form dramas, and image-editing tools. The gaming industry has excelled, propelled by overseas market expansion, a resurgence in PC gaming, and the launch of new gaming products. Leading companies in this sector boast robust cash flow and substantial dividend-paying capacity. Meanwhile, the film and television sector encountered challenges in the first half of the year. However, the release of high-quality content during the summer blockbuster period has spurred a rebound in box office earnings. In the publishing industry, demand has shown a modest recovery, highlighting the attractive investment potential of undervalued, high-dividend stocks.