Financial Data and Key Metrics Changes - Total revenues for Q1 2023 were CNY 146.4 million, a decrease from CNY 175.4 million in the same period last year [16] - Net advertising revenues were CNY 126.2 million, down from CNY 158.4 million year-over-year, attributed to reduced advertising spending and intensified competition [17] - Paid services revenues increased to CNY 20.2 million from CNY 17 million year-over-year, driven by IP copyright sales [17] - Loss from operations narrowed by 30.3% year-over-year to CNY 74.4 million due to strict cost control measures [17] - Net loss attributable to the company was CNY 37.8 million, a 27.5% reduction year-over-year [17] - Cash and cash equivalents as of March 31, 2023, totaled approximately CNY 1.13 billion (USD 164.1 million) [18] Business Line Data and Key Metrics Changes - The online reading business line continued to partner with industry players, achieving significant milestones in Q1 [14] - The real estate business met internal revenue targets, benefiting from a rebound in the property market [15] - E-commerce business exceeded GMV targets in Q1, focusing on holiday gifts and seasonal demand [15] Market Data and Key Metrics Changes - The overall advertising market recovery was below expectations, with a year-over-year decline in January and February [21] - FMCG, cosmetics, and bathroom products are identified as key industries driving advertising spending [21] Company Strategy and Development Direction - The company aims to evolve into a world-class Chinese online media platform, focusing on content dissemination and profitability [5] - Emphasis on creating high-quality content while expanding revenue streams and exercising fiscal prudence [5][6] - Plans to innovate in operations, management, and talent acquisition to achieve development objectives [6] Management's Comments on Operating Environment and Future Outlook - Management acknowledged numerous challenges in the industry and the need for analysis and breakthroughs [5] - The company is optimistic about future growth, focusing on operational and monetization efficiency [16] - Forecast for Q2 2023 total revenues is between CNY 160.9 million and CNY 180.9 million [18] Other Important Information - The company hosted significant forums and events, enhancing its media influence and attracting substantial viewership [11][12] - The introduction of a subscription feature in the ifeng app led to a 28% increase in app opening rates [14] Q&A Session Summary Question: Factors contributing to the decline in Q1 net revenues and outlook for the ad business - The overall advertising market recovery was below expectations, with cautious spending from advertisers [21] - FMCG and cosmetics industries are expected to drive future advertising growth [21][22] Question: Improvement in operating income and plans for further cost cuts - Significant cost optimization measures have been implemented, resulting in a 26.6% decrease in operating expenses [25] - Limited room for further significant cost cuts; focus will be on revenue growth and fine-tuning cost structures [26]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 May 2023 Commission File Number: 001-35158 l | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------|--------| | | | | | | | | | | Sinolight Plaza, Floor 16 | | | No. 4 Qiyang Road Wangjing, Chaoyang District, Bei ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For ...

Phoenix New Media Limited (NYSE:FENG) Q4 2022 Earnings Conference Call March 13, 2023 9:00 PM ET Company Participants Muzi Guo - IR Shuang Liu - CEO Edward Lu - CFO Conference Call Participants Xueru Zhang - 86Research Alice Tang - First Shanghai Operator Good day, and thank you for standing by. Welcome to Phoenix New Media Fourth Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speaker presentation there’ll be a question-and-answer session [Operator ...

Phoenix New Media Limited (NYSE:FENG) Q3 2022 Earnings Conference Call November 14, 2022 8:00 PM ET Company Participants Muzi Guo - Investor Relations Shuang Liu - Chief Executive Officer Edward Lu - Chief Financial Officer Conference Call Participants Xueru Zhang - 86Research Alice Tang - First Shanghai Operator Good day, and thank you for standing by. Welcome to Phoenix New Media Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker’s presentation, t ...

Phoenix New Media Ltd (NYSE:FENG) Q2 2022 Earnings Conference Call August 15, 2022 9:00 PM ET Company Participants Edward Lu - CFO Shuang Liu - CEO & Director Muzi Guo - IR Conference Call Participants Alice Tang - First Shanghai Xueru Zhang - 86 Research Operator Thank you all for standing by, and welcome to the Phoenix New Media Second Quarter 2022 Earnings Call. [Operator Instructions]. And I'd now like to hand the conference over to your speaker, Muzi Guo from Investor Relations. Thank you, please go ah ...

Phoenix New Media Ltd Brands, Inc. (NYSE:FENG) Q1 2022 Earnings Conference Call May 9, 2022 9:00 PM ET Company Participants Muzi Guo - Director of Finance Shuang Liu - CEO Edward Lu - CFO Conference Call Participants Xueru Zhang - 86Research Alice Tang - First Shanghai Operator Good day, and thank you for standing by. Welcome to Phoenix New Media First Quarter 2022 Earnings Call. [Operator Instructions]. I would now like to hand the conference over to your host today, Ms. Muzi Guo from IR team. Thank you. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For ...

Phoenix New Media Ltd Brands, Inc. (NYSE:FENG) Q4 2021 Earnings Conference Call March 14, 2022 9:00 PM ET Company Participants Shuang Liu - CEO Edward Lu - CFO Conference Call Participants Xueru Zhang - 86Research Alice Tang - First Shanghai Operator Good day and thank you for standing by. Welcome to the Phoenix New Media Fourth Quarter 2021 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instru ...

Phoenix New Media Ltd (NYSE:FENG) Q3 2021 Earnings Conference Call November 15, 2021 8:00 PM ET Company Participants Shuang Liu - CEO & Director Edward Lu - CFO Conference Call Participants Xueru Zhang - 86Research Alice Tang - First Shanghai Operator Ladies and gentlemen, thank you for standing by, and welcome to the Phoenix New Media Third Quarter 2021 Earnings Call. [Operator Instructions]. I must advise you that today's conference is being recorded. I would now like to hand the conference over to your f ...