Core Viewpoint - The company reported a stable total revenue of 15.1 billion yuan in Q1 2025, with significant growth in overseas game-related services and a focus on AI integration in live streaming [1] Financial Performance - Total revenue for Q1 2025 reached 15.09 billion yuan (2.08 billion USD), showing a year-on-year stabilization and a slight quarter-on-quarter increase [1] - Non-GAAP net profit was 24 million yuan (3.3 million USD) [1] - Revenue from live streaming was 11.38 billion yuan (1.57 billion USD), while revenue from game-related services was 3.70 billion yuan (510 million USD) [1] - GAAP gross profit for Q1 2025 was 1.88 billion yuan (260 million USD), with a gross margin of 12.5% [1] User Metrics - The mobile monthly active users (MAU) reached 83.4 million, with 4.4 million paying users [1] Strategic Initiatives - The company’s strategic transformation is showing results, with overseas game-related services revenue experiencing multiple-fold growth quarter-on-quarter [1] - The integration of AI in live streaming has been explored, enhancing user experience through the introduction of an AI spectator named "Tiger Xiao Ai" during self-produced esports events [1] Shareholder Returns - The company repurchased shares worth 69.8 million USD and plans to continue returning value to shareholders [1] Cash Position - As of March 31, 2025, the company had cash and cash equivalents, short-term deposits, and long-term deposits totaling 62.55 billion yuan (8.62 billion USD) [1]