betitallcasino| Chinese Online's net profit will increase by 125% in 2023. AI empowers digital content to improve quality and efficiency
On the evening of April 21, the 2023 annual report was released online in Chinese. During the reporting period, the company achieved revenue of 14Betitallcasino0.09 billion yuan, an increase of 19% over the same period last yearBetitallcasino.44%BetitallcasinoThe net profit of returning home was 89.4369 million yuan, a year-on-year increase of 124.71%.
The chairman of Chinese online said in a letter to shareholders that the company has a comprehensive layout of the digital culture content industry and continues to promote the integration of science and technology and culture. Facing the opportunity of AI era, the company tries its best to embrace the content industry.Betitallcasino"AI moment", deep ploughing AI vertical large model, let AI know more about content creation; at the same time, deeply ploughing the market application of AI content, let AI make money; deeply ploughing the flexible supply chain of AI content, using AI to sail "culture out to sea".
During the reporting period, the company continued to consolidate the digital content base, through digital content copyright distribution and sales and IP derivative development to achieve copyright value-added; at the same time, continue to deepen international business, combined with its own high-quality IP in the global multi-point layout. The company has accumulated more than 5.6 million kinds of digital content resources, more than 4.5 million original network authors, and signed more than 2000 well-known writers and best-selling authors in cooperation with more than 600 copyright institutions.
In the aspect of IP derivative business, the company takes literary IP as the core, extends downstream to carry out IP cultivation and derivative development, and strives to create a creative model of "online article serialization + IP derivative synchronous development". Through the full-mode development of audio, cartoon, animation, short plays, film and television, games and creative periphery of high-quality online articles, upgrade the IP derivative incubation chain, and realize the evolution from the production and management of a single online article to the whole life cycle production and management of literary IP.
It is worth noting that in 2023, the company made a major breakthrough in the skit business. In terms of platform skits, the company successfully built the film and television project "provoke" based on its own IP, and became the annual skit TOP1 with a box office of 20 million yuan. In terms of Mini Program short plays, it has successfully incubated the domestic short drama platform "Wild Elephant Theater". The Mini Program short plays produced by the company are deeply loved by users and have made large-scale gains in the short drama industry. In addition, dozens of boutique skits, such as "the only pet in the palm" and "one kiss", have been produced and will be broadcast on various platforms from this year.
In terms of international business, the company has set up American subsidiary COL MEDIA, Singapore subsidiary COL WEB and Japanese subsidiary COL JAPAN to make full use of existing advantages, in-depth combination of its own mass content and high-quality IP, and multi-point layout around the world. ReelShort, a live-action short drama platform created by overseas equity company Crazy Maple Studio, has performed well.
In 2023, the company continues to add code layout AI content application, in the AI model, AI multi-mode has actively carried out technical construction and commercial landing.
In terms of the AI model, in October last year, the company released the world's first ten thousand character creation model "Chinese Xiaoyao" version 1.0. The large model has three advantages: generating ten thousand words with one click, writing a novel with one picture, and reading 1 million words at a time, which can greatly improve the efficiency of the creator. AI multimodal aspect, the company in audio books, comics, animation, video and other multimodal areas of technical layout and commercial landing.
It is reported that the company already has more authentic data than 60TB, including text / audio / video types, covering novels, popular science, society and other categories, continuously updating data through literary websites and resident authors, and amplifying the value of data assets through a complete data protection and copyright protection system.
Chinese online said that the company will continue to seize the great opportunity of change in the cultural industry, practice the strategic thinking of the integration of science and technology and culture, and continue to evolve and upgrade the value of IP. Take the content as the base, take the super IP as the decisive point, continue to deepen the international market, and strive to upgrade the business under the AI technology, so as to lay a solid foundation for realizing the vision of "global digital culture content leader".