Relevante Passage:
iQIYI Inc. […], an innovative market-leading online entertainment service in China, […] launched its latest flagship virtual reality (VR) headset, the QIYU 3, as the Company further strengthens its premium VR digital entertainment ecosystem. […] Since entering the VR field in 2016, QIYU VR has released four products in five years and achieved many world-firsts, including the first 4K all-in-one VR headset, the first exclusive custom-made iQUT future cinema, and the first to achieve 5G+8K VR live streaming capabilities. Looking ahead, iQIYI will further invest in content, platforms, and hardware as it cements its position as an industry leader that delivers premium multi-sensory experiences to users.