5 times the big bull stocks soared again, and the actual controller had cashed out at a high level!
OpenAI is doing things again when the A-share market is closed. During the Spring Festival last year, it quietly engaged in ChatGPT, which detonated the hype enthusiasm for A-share AI, artificial intelligence, AIGC and other concepts. This year's Spring Festival, OpenAI quietly launched Sora, which is also popular all over the world, and today's A-share opening after the holiday, related concept stocks once again set off a rising tide.
Sora is popular all over the world, and A-share concept stocks have skyrocketed
Although Sora has become popular all over the world and has caused a new "AI wave" in A-shares, judging from OpenAI's official information, Sora should still be in the research and development stage. "We utilize a transformer architecture that runs on spatiotemporal patches of latent code for videos and images. "Our largest model, the Sora, is capable of producing one-minute high-fidelity video. ”
(Screenshot of Sora's technical documentation, source: OpenAI official website)
This description is more technical and objective, and the most rumored about Sora in China is "subversion", subverting the media, subverting video, subverting news, subverting AI, subverting text, subverting this subversion and that statement is somewhat emotional. For example, Zhou Hongyi of 360 posted a long article for the first time, saying that Sora means that the realization of AGI will be shortened from 10 years to 1 year, and AI may not be so fast to subvert all industries, but it can stimulate more people's creativity.
Then, today (February 19), the first trading day after the holiday, A-share multimodal AI, AIGC, knowledge payment, ChatGPT, CPO, intellectual property, computing power and other concepts led the rise strongly, and the multimodal AI sector as a whole rose by more than 11%.
Flush Software has added Sora to the concept plate, and the A-share Sora concept was officially born, with the overall rise of more than 16%, including Huichang Communication, Yidian World, Danghong Technology, Wanxing Technology, Insai Group and other concept stocks are 20% daily limit!
Among them, the concept stock with the largest market value is Wondershare Technology (300624.sz), with the latest circulating market value of 12.16 billion, and this company was also a big bull stock of the ChatGPT concept last year, which once rose more than 5 times at that time.
Focus on Wensheng video, the stock price is 20% limit
At the end of April last year, in the article "20cm daily limit! big demon stocks soared 3 times, and the actual controller cashed out at a high level", Brother Ruiyan talked to you about Wondershare Technology, its main business is the development of consumer software, including video creativity, drawing creativity, document creativity, and the design, research and development, sales and operation of practical software products and services, but most of the company's business has always been overseas, according to the 2022 financial report data, overseas revenue accounts for 89.33%.
On November 24 last year, Wondershare Technology released a short video "A Girl's Life" driven by the Wensheng video capabilities provided by the Wondershare "Tianmu" multimedia model on its official video account, and Wondershare "Skylight" is positioned as the first multimedia model in China focusing on the core of video creative applications.
(Screenshot of Wondershare Technology Video Account "A Girl's Life")
I remember that this video was really popular on the Internet at that time, and it triggered a lot of women's sighs about their life process!
On January 30 this year, the audio and video model "Tianmu" of Wondershare Technology was officially released.
Before today's market open, an interactive message about Sora linked Wondershare Technology to Sora, which may have directly stimulated the company's stock price today, and the opening directly topped the 20% limit.
(Screenshot of Wondershare Technology Interactive Platform)
(Screenshot of Wondershare Technology's time-sharing trend on February 19)
However, although Wondershare Technology's "Tianmu" model is an AI model focusing on Wensheng video, and the company's stock price in the secondary market has also risen sharply, it should be noted that the company's actual controller has taken advantage of the concept of speculation to reduce his holdings and cash out.
(Screenshot of Wondershare Technology's stock price trend)
It can be seen from the trend chart of Wondershare Technology's stock price that the last wave of the market rose sharply was when ChatGPT was hyped last year, the company's stock price rose from a minimum of about 24 yuan all the way to more than 172 yuan, and then the lowest fell to around 72 yuan, and today a 20% limit returned to above 100 yuan again.
It was in this process that Wu Taibing, the actual controller, and his concerted actors, Suqian Xingyi and Suqian Jiaxing, reduced their holdings and cashed out more than 582 million in 2023, of which 380 million were cashed out in the second quarter of last year and 201 million in the third quarter.
(Screenshot of Wondershare Technology announcement)
Consumers frequently complain about false claims
As a consumer software developer, although most of Wondershare Technology's revenue comes from overseas, its annual domestic revenue also exceeds 100 million, which is also the basis for Wondershare Technology to be complained by domestic consumers.
Searching for "Wondershare Technology" in Black Cat Complaints, there are many consumer complaints about "no refund", "secondary charge", "no actual effect of software functions", "false publicity", "inducing consumers", etc.
On November 23, 2023, a consumer complained that after purchasing Wondershare Technology's filmora software, it was charged for a second time and no refund was given. The software is free to download, but if you want to use the functions inside, you need to pay, buy a permanent plan, but the functions inside need to be paid twice, and there is no clear description in the purchase software interface that requires additional payment. The object of the complaint is directly Wanxing Technology Group Co., Ltd.
(Screenshot of Black Cat's complaint)
On August 28, 2023, a consumer complained that Wondershare Technology falsely exaggerated its propaganda and misled consumers. After purchasing Wondershare Data Recovery software, the most basic data recovery functions have not been reached, and there is no reply to the refund application. The object of this complaint is Wondershare Data Recovery, a product of Wondershare Technology.
(Screenshot of Black Cat's complaint)
On July 23, 2023, a consumer complained that after buying a Edraw MindMap member, the software was unusable. Looking for customer service, I only said that I couldn't get a refund, and after buying a Edraw MindMap member, I couldn't use the relevant functions, the software was too junk to use at all, and I couldn't import PDF files. The object of this complaint is again Wondershare Technology's product Wondershare Technology Edraw MindMap APP.
(Screenshot of Black Cat's complaint)
If you look at it from another angle, from the financial perspective of Wondershare Technology, the high-level cash-out of the actual controller and the frequent complaints from consumers seem to explain the sharp decline in the performance of Wondershare Technology in the past two years!
(Source: Straight Flush website)
It can be seen that in just two years, the non-net profit of Wondershare Technology, a large consumer software company, has dropped from 110 million to around 10 million, a plunge of more than 90%. Although the 2023 performance forecast released by the company on January 30 this year shows that it is expected to deduct non-net profit of 78 million to 105 million, a year-on-year increase of 636.06%-890.86%, which seems to have returned to the previous level, but the sudden abnormal fluctuations still seem to explain some problems.
I don't know if the actual controller will cash out at a high level again after this big rise!