Core Insights - iQIYI reported a 125% year-on-year increase in the number of projects utilizing virtual production technology in the first half of 2025 [1] - The company's self-developed Clip all-in-one machine has achieved multi-camera synchronous recording and playback, as well as real-time cloud uploading of samples [1] - Virtual production technology has been implemented in 87 official projects by iQIYI [1]

Core Viewpoint - iQIYI is significantly reducing the cost of virtual production systems to promote the adoption of this technology in the film industry, aiming to enhance content creation quality and efficiency [1][6]. Group 1: Cost Reduction and Accessibility - Starting June 1, 2025, iQIYI will lower the price of its virtual production system to a minimum of 35,000 yuan per day, down from 160,000 yuan per day, to make the technology more accessible [1]. - The initiative is intended to lower the barriers for content creation teams, allowing for higher quality productions [1]. Group 2: Technological Advancements - iQIYI has invested in a flagship virtual photography studio in the Hengdian Film Industry Park, featuring a 500 square meter immersive LED wall with a pixel pitch of 1.95mm, capable of supporting over 200 FPS high-speed shooting [2]. - The company has developed the IQStage technology platform, integrating over 20 patents and software copyrights, which has received significant recognition [4]. Group 3: Industry Impact and Growth - The use of virtual production technology in iQIYI's projects has increased by 50% year-on-year, indicating a growing trend in the industry [6]. - iQIYI's virtual production system is recognized as a leading technology in China and is positioned to play a crucial role in the industrialization of the film sector [6].

Core Viewpoint - The 21st China (Shenzhen) International Cultural Industry Expo's sub-venue focuses on the theme "Ultra Clear Vision · Gathering Co-creation," showcasing the integration of ultra-high-definition technology with the cultural industry for high-quality development [1][3]. Group 1: Event Overview - The sub-venue is organized by Shenzhen Broadcasting Film and Television Group and marks a significant step for the digital creative industry in the Guangdong-Hong Kong-Macao Greater Bay Area [1]. - The event features the unveiling of four major industry platforms: Micro Short Drama Center, Costume and Prop Center, Industry-Academia-Research Center, and Event Release Center, aimed at fostering collaborative innovation [2]. Group 2: Investment and Partnerships - The park has invested over 100 million yuan to create a public service platform for ultra-high-definition content production and an intelligent computing power platform, collaborating with Huawei Cloud to build the "Digital Film Companion" public service platform [1]. - Strategic partnerships have been established with various enterprises, including a collaboration with the national cultural tourism data element registration platform to create a regional node in Guangdong, and a credit line exceeding 1 billion yuan with Shenzhen Rural Commercial Bank and Hanyuan Film Industry [1][2]. Group 3: Industry Development - The ultra-high-definition video industry is a key development direction for the country, with 2025 designated as the "Year of Ultra-High Definition Development" [3]. - Shenzhen is actively positioning itself as a hub for the ultra-high-definition industry, promoting deep integration with culture, tourism, and education sectors [3].