DUIBA (01753) rose nearly 21% intraday, and as of press time, the stock was up 10.71% at HK$0.465, with a turnover of HK$3.2625 million.

On September 20, DUIBA Group announced that Xiaoliang Holding, owned by the company's founder, plans to inject 120,682,000 shares (approximately 11.21% of total share capital) into the employee incentive platform for free. The announcement also clarified that future new incentives will mainly be used for talent incentives needed for the development of AI businesses, including AI short dramas.

It is worth noting that AI short drama is currently the company's high-growth and key strategic development direction. Tilting incentive resources toward this field helps clarify the strategic direction, bind core talent, and drive business breakthroughs.

It is reported that since DUIBA launched its AI short drama business in January this year, the business has shown strong growth momentum. Native views on the Douyin platform grew 178% cumulatively from June to August, ranking firmly in the top 4 for three consecutive months, entering the TOP3 in July-August, and becoming the only company among leading players to maintain high growth of over 50% for two consecutive months. Entering September, it continued to rank 2nd in the latest weekly list, with growth momentum continuing.

The semi-annual report shows that the AI short drama business contributed revenue of 223 million yuan in the first half of the year, accounting for 51.2% of the group's total revenue, becoming the largest source of revenue.