Orient: Seedance 2.5 is scheduled to be released in July, optimistic about AI video creation workflow further improving efficiency.

Orient released a research report stating that attention should be paid to the opportunities of multimodal AI applications in the vertical field, and optimistic about the accelerated development of the industry trends brought by technological breakthroughs and cost optimization, driving user growth, payment penetration, and commercialization to a higher level. In addition, special attention is paid to companies that lead in multimodal technology and have commercial closed loops. Related targets: Google (ALPHABET)-A (GOOGL.O, unrated), KUAISHOU-W (01024, buy), MINIMAX-WP (00100, unrated), MEITU (01357, buy). Orient's main points are as follows: Seedance series upgrades again, further improving the current workflow On June 23, ByteDance's original power conference comprehensively upgraded the Seedance series: (1) The 2.0 version released in February began to support native 4K, retaining high-density effective information during the generation stage to specifically solve the problem of image clarity. From the comparison of API call prices, the price of 3.04K per second is 3 RMB, that is, the price of LING's dream is 5 RMB (excluding video input). (2) The latest 2.5 version is currently in the final stage of internal testing and is expected to be released in early July. The core improvements are: The single-ended video length breaks through to 30 seconds, which was previously basically 15 seconds in the industry; Supports 50 full-modal reference materials, enabling higher complexity in creation; More controllable video generation and editing. The agency believes that this upgrade further maintains Seedance's leading position in the video generation track, the 30-second video length once again lowers the threshold for ordinary users' use, and is more conducive for C-end users to get started. Furthermore, this upgrade reflects Seedance's breakthrough in professional content scenarios, with more references and longer duration, greatly improving efficiency for current creative video work. Optimistic about the penetration of AI in the second half of the year in more professional vertical content scenes such as movies and TV dramas. Preview release of AI copyright commercial platform, expected to build a cooperative and stable AI content ecosystem ByteDance's TikTok synchronized previewed the AI copyright commercial platform, has reached a cooperation with Stephen Chow's BINGO GROUP, obtaining AI creation authorization for 3 Stephen Chow movies, based on the AI creation templates launched by Seedance 2.0, the daily creation volume has exceeded 100,000 times. Previously, the industry had considerable controversy over AI-generated content involving copyright issues, such as the 2025 Sora2 incident that caused a lot of AI-related copyright disputes, and the February 2026 accusation by the American Film Association that Seedance 2.0 engaged in large-scale copyright infringement. The launch of the copyright commercial platform is understood by the agency to be more conducive to C-end user creation support and content dissemination. After obtaining authorization from the IP copyright holders, the platform will standardize templates for creators to use legally, and upstream copyright holders can receive creation dividends. If this model works out, it will benefit AI content in general, with participants collaborating and winning together. However, it is still necessary to pay attention to the specific revenue-sharing mechanism, IP holders' follow-up situation, and creators' revenue performance. Risk warning AI technology iteration is not as expected, AI application landing is not as expected, AI commercialization realization is not as expected.