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AI opens new creative doors, raises new concerns across China’s screen industry_我的网站

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A |       炒股就看金麒麟分析师研报,权威,专业,及时,全面,助您挖掘潜力主题机会!  来源:IPO日报  8月24日晚间,建设机械(600984.SH)发布公告称,公司拟通过发行股份及支付现金的方式购买陕西化工集团、三峡资本合计持有的蒲城清洁能源化工有限责任公司(以下简称“蒲洁能化”)100%股权,发行股份购买资产的价格定为3.03元/股。  同时,公司拟向不超过35名特定投资者发行股份募集配套资金,用于支付现金对价、补充流动资金等。    

Staff members work on a short-form drama in Jiaxing, East China's Zhejiang Province, on July 21, 2026. Photo: VCG
    Staff members work on a short-form drama in Jiaxing, East China's Zhejiang Province, on July 21, 2026. Photo: VCG
Open Douyin, the Chinese version of TikTok, and AI-generated short dramas are hard to miss.
The stories span almost every genre familiar to Chinese audiences, from fantasy and immortal cultivation to urban romance and period tales.
The biggest difference is that the actors, settings and even many of the visual elements are generated by artificial intelligence (AI).
One of the latest hits is The Inverse Zone, an original mystery-thriller about monsters that has been dubbed an AI version of Stranger Things. The series has released three episodes so far, each receiving more than 1 million likes on Douyin.
Yet the team behind it consists of just three people, all born after 2000.
While Hollywood is still catching up with the short drama boom, China's short-drama industry is already moving into the AI era.
For many young creators, AI is not just another tool - it is a door that small teams could never have opened before.
"We've always wanted to make professional film and television content, with visual language, complete storytelling and a cinematic feel," Hu Hai, a member of the team behind The Inverse Zone, told the Global Times. "But the cost and barriers of live-action production were too high. Small teams had little chance to realize high-quality film and television projects."
As increasingly capable domestic AI models emerged, that door began to open. "The maturity of AI creative tools made us see new possibilities," Hu said.
The explosive growth of AI-generated short dramas is a double-edged sword: It opens doors for some, but leaves many in the industry uncertain about what comes next. Many actors who once benefited from the short-drama boom are now finding work increasingly scarce, with some turning to other professions. Meanwhile, the use of celebrities likenesses in AI-generated content (AIGC) has ignited a fresh wave of debate.
Where is the industry headed next? Global Times reporters spoke with AI creators, short-drama actors and industry experts about the opportunities and uncertainties ahead.
    
Screenshots from the AI-generated microdrama The Inverse Zone Photo: Courtesy of Hu Hai
    Screenshots from the AI-generated microdrama The Inverse Zone Photo: Courtesy of Hu Hai
Lowering barriers

Hu studied directing and filmmaking in college. His team initially focused on short comedy videos, a field with relatively low production costs and less barriers to entry. But after years of producing this type of content, they eventually reached a creative plateau. That began to shift as more advanced AI tools came onto the scene.
To produce The Inverse Zone, the team used domestic video-generation models Seedance 2.0 and 2.5. The series took nearly two months to prepare, including world-building, character design and establishing a consistent visual style. "Seedance is the best in the world. It's extremely advanced. There's no model in Europe or the US that is more useful than it," Hu told the Global Times.
The technology does not mean production is effortless, however.
According to Hu, a typical episode costs around 4,000 to 5,000 yuan ($593-$741) to produce, while episodes involving large-scale scenes, complex special effects or demanding lighting and rendering can cost more than 10,000 yuan.
The team used AI for image generation, basic voice work and material rendering, while humans remained responsible for the script, character development, cinematography and post-production.
"The soul of the entire series is still controlled by people," Hu said. "All the key creative decisions are manually adjusted and repeatedly reviewed."
Ya Cen, operations head of AI video platform LibTV, told the Global Times that the AI short-drama ecosystem is now characterized by small teams, high productivity and strong individual styles. "The most direct value of AIGC is that it has lowered the geographic and financial barriers to film and television production," she added.
Screenshots from the AI-generated microdrama The Inverse Zone Photo: Courtesy of Hu Hai
    Screenshots from the AI-generated microdrama The Inverse Zone Photo: Courtesy of Hu Hai
Actors in AI era
Yet the rise of AI short dramas is also creating new tensions.
AI-generated characters are now building fanbases, landing brand endorsements, and being described as the next generation of digital stars. At the same time, many celebrities including Taiwan actress Joey Wong have reportedly given permission for their younger likenesses to be used in AIGC.
The impact extends beyond celebrity likenesses. It is also being felt by people who once benefited from China's booming live-action short-drama industry.
The short-drama boom created opportunities for large numbers of actors, many of whom could quickly become recognizable faces. However, as AI-generated productions expand, some performers are finding fewer acting opportunities and turning to other professions.
Chongqing native Luo Xinyuan, 21, has experienced that shift firsthand.
She spent more than a year in Hengdian, East China's Zhejiang Province as a short-drama actress. Since May, she has worked at a scenic area playing Huang Rong, a character from a classic Chinese martial arts novel The Legend of the Condor Heroes.
"When short dramas were at their peak, there were lots of fast-paced, feel-good stories," Luo told the Global Times. "But that kind of content is difficult to sustain. Without richer and more meaningful stories, the pressure from AI short dramas will make things even harder."
For many short-drama actors, the disruption is likely to be structural rather than an immediate wholesale replacement, Zhang Peng, a cultural researcher and associate professor at Nanjing Normal University, told the Global Times. The question of celebrity likenesses may prove even more complicated.
Zhang warned that unrestricted authorization could raise concerns over control and revenue sharing. Without clearer rules, the technology could put further pressure on ordinary actors.
The next stage may not be a choice between humans and machines, but a new production model in which the two increasingly work together.
For creators such as Hu, that possibility is already here.
"AI has finally given young creators like us the opportunity to realize the film and television dreams we've had for years," he said.
。  8月25日,公司复牌“一字”涨停,收盘价为4.94元。然而8月26日,公司股价高台跳水,收盘价为4.66元,较昨日下跌0.28元,跌幅为‑5.67%。  值得一提的是,在停牌前一个交易日8月10日,公司已经收获一个涨停。  跨界收购  因本次交易的交易对方之一陕西化工集团为陕煤集团控股子公司,与上市公司属同一控制下的关联方,因此本次交易构成关联交易。同时,本次交易亦构成重大资产重组。  据悉,标的公司蒲洁能化是一家现代煤化工企业,主要从事聚乙烯(PE)、聚丙烯(PP)等聚烯烃产品的生产与销售。

B | 公司拥有年产180万吨甲醇制70万吨聚烯烃的生产能力。

C |   本次交易前,上市公司主营业务为工程机械租赁与制造,标的公司主要从事现代煤化工业务,与上市公司现有业务分属不同行业。

D |   也即是说,本次收购为跨界收购,上市公司将涉足新领域。

E |   财务数据方面,2024—2025年以及2026年上半年,标的公司实现的营业收入分别为83.56亿元、75.97亿元、43.7亿元,净利润分别为59754.89万元、8112.12万元、29985.62万元。  可以看出,标的公司的净利润波动较大,2025年同比下滑超过86%。  标的公司曾于2024年度对股东全部权益价值进行评估,评估基准日为2024年6月30日,采用收益法评估结果为97.58亿元,评估增值2.52亿元,增值率2.66%。  截至预案签署日,标的公司的审计、评估工作尚未完成,标的资产评估值及交易作价均尚未确定。  面临退市风险  据悉,建设机械是国内知名的工程机械企业,其子公司上海庞源机械租赁有限公司是全球最大的塔式起重机租赁商。然而,近年来受工程机械行业景气度持续下行等因素影响,公司经营承受较大压力,已连续多年出现亏损。  公告显示,建设机械自2022年起已连续四年亏损,2025年度亏损21.96亿元,2025年末净资产31.22亿元。

F | 若经营状况未能改善,企业持续亏损,未来将面临退市风险。因此公司亟需注入盈利能力稳定、现金流充沛的优质资产,以扭转当前经营困局、化解退市风险。  建设机械指出,通过注入蒲洁能化这一优质化工资产,利用其稳定的盈利能力和充足的净资产规模,能够显著增厚上市公司净资产,有效对冲现有业务的持续亏损,避免因净资产为负触发退市风险,从根本上保障上市公司持续经营能力与资本市场地位。

G |   同时,本次重组后,上市公司短期内将形成“装备制造+现代煤化工”双主业协同发展模式。本次交易实施完毕后,上市公司将全面聚焦煤化工核心主业,逐步调整业务结构,未来将择机对装备制造及租赁业务进行剥离处置,实现主业专业化、集中化。

H | 责任编辑:杨红卜。

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