iQIYI(US:IQ) Xin Jing Bao·2025-05-26 11:10Group 1: Industry Overview - In 2024, Beijing's cultural enterprises achieved a total revenue of 22,512.4 billion yuan, marking a year-on-year growth of 6.7% [1] - The cultural industry in Beijing accounted for 11.4% of the city's GDP, maintaining the highest proportion in the country [1] - New cultural business formats in Beijing generated revenues of 15,906.9 billion yuan in 2024, representing over 70% of the total revenue of cultural enterprises in the city [1] - The core cultural sectors in Beijing generated 20,559.0 billion yuan in revenue, with a year-on-year growth of 7.7%, surpassing the national growth rate by 1.4 percentage points [1] Group 2: Company Highlights - Kuaishou Technology, iQIYI, and Weimeng Chuangke were recognized among the "Top 30 Cultural Enterprises" in China [1] - Kuaishou has invested heavily in technology R&D, developing the world's first truly user-accessible video generation model, Keling AI, which has over 6 million users and has generated more than 65 million videos and 175 million images [4] - Weimeng Chuangke has been active in cultural dissemination and tourism integration, launching the "Renewing Intangible Cultural Heritage Plan" which has garnered over 1.8 billion views [4] - iQIYI applied AI and new technologies across content planning, production, and user experience, and received 584 national patents related to culture in 2024, ranking among the top ten internet companies in China for total patent applications [5] Group 3: Growth Policies - Beijing's "1+N" policy framework is crucial for promoting new productive forces in the cultural industry [3] - The city introduced measures to cultivate new cultural formats and enhance cultural productivity, with action plans for 2025-2027 focusing on the integration of culture and technology [3]