Group 1 - The stock price of Phoenix New Media (FENG) increased by 5.11% on June 26, reaching $2.16 per share, with a total market capitalization of $25.9433 million [1] - As of March 31, 2025, Phoenix New Media reported total revenue of 155 million RMB, representing a year-on-year growth of 1.45%, while the net profit attributable to shareholders was -29.726 million RMB, a decrease of 14.27% year-on-year [1] Group 2 - Phoenix New Media is a leading global cross-platform new media company, operating major platforms including Phoenix Net, Mobile Phoenix Net, and Phoenix Video, focusing on providing quality content and services to mainstream Chinese audiences [2] - The company integrates content from various professional media organizations, user-generated content, and its own professional content, offering comprehensive news, in-depth reports, financial products, and interactive applications [2] - Phoenix New Media has received multiple awards, including "China Advertising Media Caring Enterprise Honor Certificate" and "Best Media Integration Award," highlighting its innovative media approach in the era of broadband and wireless internet [2]

Group 1 - The stock price of Phoenix New Media (FENG) increased by 11.92% on June 19, reaching $2.30 per share, with a total market capitalization of $27.62 million [1] - As of March 31, 2025, Phoenix New Media reported total revenue of 155 million RMB, representing a year-on-year growth of 1.45%, while the net profit attributable to shareholders was -29.726 million RMB, a decrease of 14.27% year-on-year [1] Group 2 - Phoenix New Media is a leading global cross-platform new media company, operating major platforms including Phoenix Net, Mobile Phoenix Net, and Phoenix Video, providing high-quality content and services to mainstream Chinese audiences [2] - The company integrates content from various professional media organizations, user-generated content, and its own professional content, offering comprehensive news, in-depth reports, financial products, and interactive applications [2] - Phoenix New Media has received multiple awards, including "China Advertising Media Caring Enterprise Honor Certificate" and "Best Media Integration Award" [2]

Core Viewpoint - Phoenix New Media (FENG) has shown a stock price increase of 6.25% on June 9, reaching $2.21 per share, with a total market capitalization of $26.54 million [1] Financial Performance - As of March 31, 2025, Phoenix New Media reported total revenue of 155 million RMB, reflecting a year-on-year growth of 1.45% [1] - The company's net profit attributable to shareholders was -29.726 million RMB, indicating a year-on-year decrease of 14.27% [1] Company Overview - Phoenix New Media is a leading global cross-platform new media company, operating major platforms including Phoenix Net, Mobile Phoenix Net, and Phoenix Video [2] - The company adheres to a media philosophy of "Chinese sentiment, global vision, inclusive openness, and progressive power," providing seamless integration of internet, wireless communication, and television services [2] - Phoenix New Media serves as a network dissemination channel for quality television content from its parent company, Phoenix Satellite Television, while also integrating content from various professional media organizations and user-generated content [2] - The company offers a comprehensive range of news, in-depth reports, commentary, financial products, interactive applications, and community sharing services, catering to diverse and personalized demands of mainstream audiences [2] - Phoenix New Media has received multiple awards, including "China Advertising Media Caring Enterprise Honor Certificate" and "Best Media Integration Award" [2]

Group 1 - The core viewpoint of the article highlights the recent stock performance of Phoenix New Media, which saw a 7.51% increase, reaching $2.29 per share, with a total market capitalization of $27.5 million as of May 29 [1] - Financial data indicates that as of March 31, 2025, Phoenix New Media reported total revenue of 155 million RMB, reflecting a year-on-year growth of 1.45%, while the net profit attributable to shareholders was a loss of 29.726 million RMB, a decrease of 14.27% compared to the previous year [1] Group 2 - Phoenix New Media is recognized as a leading global cross-platform new media company, operating major platforms such as Phoenix Net, Mobile Phoenix Net, and Phoenix Video, adhering to a media philosophy that emphasizes "Chinese sentiment, global vision, inclusiveness, and progressive power" [2] - The company integrates various content sources, including high-quality television content from its parent company Phoenix Satellite Television, professional media institutions, user-generated content, and its own productions, offering a comprehensive range of news, in-depth reports, financial products, and interactive applications [2] - Phoenix New Media has received multiple accolades, including the "China Advertising Media Caring Enterprise Honor Certificate," "Annual Media of the Year in News Category," "Best Media Integration Award in China," and "Contribution Award in New Media in China" [2]

Group 1 - The core viewpoint of the news is that Phoenix New Media (FENG) has shown a stock price increase of 4.5% and reported financial results indicating a slight revenue growth but a decline in net profit [1] - As of March 31, 2025, Phoenix New Media's total revenue reached 155 million RMB, reflecting a year-on-year growth of 1.45% [1] - The company's net profit attributable to shareholders was -29.726 million RMB, which represents a year-on-year decrease of 14.27% [1] Group 2 - Phoenix New Media is recognized as a leading cross-platform new media company globally, operating major platforms such as Phoenix.com, mobile Phoenix.com, and Phoenix Video [2] - The company adheres to a media philosophy that emphasizes "Chinese sentiment, global vision, compatibility and openness, and progressive power," providing high-quality content and services to mainstream Chinese audiences [2] - Phoenix New Media integrates content from various professional media organizations, user-generated content, and its own professional content, offering a comprehensive range of news, in-depth reports, financial products, and interactive applications [2]

Core Viewpoint - Phoenix New Media (FENG) experienced a significant stock price increase of 13.96% on May 20, reaching $2.45 per share, with a total market capitalization of approximately $29.43 million [1]. Financial Performance - As of March 31, 2025, Phoenix New Media reported total revenue of 155 million RMB, reflecting a year-on-year growth of 1.45% [1]. - The company recorded a net loss attributable to shareholders of 29.73 million RMB, which represents a decline of 14.27% compared to the previous year [1]. - The basic earnings per share were reported at -0.05 RMB for the first quarter of fiscal year 2025 [1]. Company Overview - Phoenix New Media is a leading global cross-platform new media company, operating major platforms such as Phoenix Net, Mobile Phoenix Net, and Phoenix Video [2]. - The company aims to provide high-quality content and services that seamlessly integrate internet, wireless communication, and television, catering to the mainstream Chinese audience [2]. - Phoenix New Media serves as a distribution channel for quality television content from its parent company, Phoenix Satellite Television, while also integrating content from various professional media organizations and user-generated content [2]. - The company has received multiple awards for its contributions to media, including the "China Best Media Integration Award" and "China New Media Contribution Award" [2].

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was RMB 155.2 million, a 1.4% increase year-on-year from RMB 153 million [12] - Net advertising revenues decreased to RMB 120.5 million from RMB 138.6 million in the same period last year [12] - Paid services revenues surged by 141% year-on-year to RMB 34.7 million from RMB 14.4 million, driven by digital reading services [12] - Cost of revenues decreased by 15.1% to RMB 92.5 million from RMB 109 million [12] - Total operating expenses rose by 25.6% to RMB 100 million from RMB 80.5 million, primarily due to increased sales and marketing expenses [13] - Loss from operations was RMB 38.4 million compared to RMB 36.5 million in the same period last year [13] - Net loss attributable to the company was RMB 29.7 million, up from RMB 26 million in the same period last year [13] - As of March 31, 2025, cash and cash equivalents totaled approximately RMB 984.5 million or about USD 135.7 million [14] Business Line Data and Key Metrics Changes - The advertising business faced challenges, with existing clients reducing spending, but new client revenue grew significantly [20] - Seasonal fluctuations were noted in certain industries, such as a sharp drop in alcohol advertising, while finance, e-commerce, consumer goods, and electronics showed good progress [20] - The company focused on refining creative content resources to increase pricing premiums for high-investment projects [21] Market Data and Key Metrics Changes - Advertisers remained cautious with marketing spending in Q1 2025, but there were signs of improvement compared to Q1 [21] - Market research indicated that advertisers are increasingly focusing on brand value and media influence [21] Company Strategy and Development Direction - The company aims to deepen content innovation, expand commercial opportunities, and enhance operational efficiency in Q2 2025 [4][11] - There is a commitment to creating more viral IPs to bolster user loyalty and brand influence [11] - The company is exploring marketing partnerships with overseas companies in China to stay competitive [22] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the complex global and regional events impacting operations but emphasized the company's resilience and ability to deliver authoritative reporting [3][5] - Looking ahead, management expects continued cautious spending from advertisers but anticipates improvement [21] Other Important Information - The company launched unique IPs and co-creation models to enhance user engagement and brand visibility [6][8] - The tech channels, particularly around Tesla's FSD rollout, generated significant attention and secured branding partnerships [9][10] Q&A Session Summary Question: Insights on the trends and outlook for the company's advertising business in Q1 2025 - Management noted that the advertising business faced severe challenges, but the team showed resilience. Existing clients reduced spending, but new client revenue grew significantly [19][20] - Seasonal fluctuations affected certain industries, with a notable drop in alcohol advertising, while finance and e-commerce showed good progress [20] - Looking to Q2, advertisers remain cautious but improving compared to Q1, focusing more on brand value and media influence [21][22]

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was RMB 155.2 million, a 1.4% increase year-on-year from RMB 153 million [13] - Net advertising revenues decreased to RMB 120.5 million from RMB 138.6 million in the same period last year [13] - Paid services revenues increased by 141% year-on-year to RMB 34.7 million from RMB 14.4 million, driven by digital reading services [13] - Cost of revenues decreased by 15.1% to RMB 92.5 million from RMB 109 million [13] - Total operating expenses rose by 25.6% to RMB 100 million from RMB 80.5 million [13] - Loss from operations was RMB 38.4 million compared to RMB 36.5 million in the same period last year [14] - Net loss attributable to the company was RMB 29.7 million, up from RMB 26 million year-on-year [14] - As of March 31, 2025, cash and cash equivalents totaled approximately RMB 984.5 million (around USD 135.7 million) [15] Business Line Data and Key Metrics Changes - The advertising business faced challenges, with existing clients reducing spending, but new client acquisition helped balance revenue [18] - Seasonal fluctuations were noted in certain industries, such as a sharp drop in alcohol advertising, while growth was seen in finance, e-commerce, consumer goods, and electronics [18] - The company focused on refining creative content and events to increase pricing premiums for clients [19] Market Data and Key Metrics Changes - The advertising market remains cautious, but there are signs of improvement compared to Q1 [19] - Advertisers are increasingly focusing on brand value and media influence, which the company aims to leverage [19] Company Strategy and Development Direction - The company plans to deepen content innovation and expand commercial opportunities while enhancing operational efficiency [5][12] - There is a commitment to creating more viral IPs to bolster user loyalty and brand influence [12] - The company is exploring marketing partnerships with overseas companies in China to stay competitive [20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the complex global and regional events impacting operations but emphasized the company's resilience and ability to deliver authoritative reporting [4][6] - Looking ahead to Q2 2025, the company forecasts total revenues between RMB 182.1 million and RMB 197.1 million, with net advertising revenues projected between RMB 148.7 million and RMB 158.7 million [15] Other Important Information - The company highlighted its success in breaking major news stories and engaging audiences through innovative content formats [6][7] - The launch of new content initiatives, such as the investigative series on tariffs and NEV safety, has driven user engagement and brand visibility [8][9] Q&A Session Summary Question: Insights on the trends and outlook for the company's advertising business in Q1 2025 - The advertising business faced severe challenges, but the team showed resilience [17] - Existing clients reduced spending, but new client revenue grew significantly [18] - Seasonal fluctuations affected certain industries, but growth was achieved in finance, e-commerce, and consumer goods [18] - Advertisers remain cautious, but there is an improving trend compared to Q1 [19] - The company is focusing on brand value and media influence to create value for clients [19][20]

Core Viewpoint - Phoenix New Media reported a slight revenue increase in Q1 2025, driven by growth in paid services, despite a decline in advertising revenue [1][2]. Financial Performance - Total revenue for Q1 2025 was RMB 155.2 million (approximately USD 21.4 million), a 1.4% increase from RMB 153.0 million in Q1 2024 [1][2]. - Advertising net revenue decreased by 13.1% to RMB 120.5 million (approximately USD 16.6 million) from RMB 138.6 million in the same period last year [1][2]. - Paid services revenue surged by 141.0% to RMB 34.7 million (approximately USD 4.8 million) compared to RMB 14.4 million in Q1 2024 [3]. - Paid content revenue increased by 387.5% to RMB 31.2 million (approximately USD 4.3 million) from RMB 6.4 million in Q1 2024 [3]. Cost and Profitability - Total costs for Q1 2025 were RMB 92.5 million (approximately USD 12.8 million), a decrease of 15.1% from RMB 109.0 million in Q1 2024 due to strict cost control measures [4]. - Gross profit rose by 42.5% to RMB 62.7 million (approximately USD 8.6 million), with a gross margin of 40.4%, up from 28.8% in Q1 2024 [4]. Operating Expenses and Losses - Total operating expenses increased by 25.6% to RMB 101.1 million (approximately USD 13.9 million) from RMB 80.5 million in Q1 2024, primarily due to higher sales and marketing expenses related to new digital reading services [5]. - Operating loss for Q1 2025 was RMB 38.4 million (approximately USD 5.3 million), compared to RMB 36.5 million in Q1 2024 [6]. Other Income and Net Loss - Other income for Q1 2025 totaled RMB 5.0 million (approximately USD 0.7 million), down from RMB 9.7 million in Q1 2024 [7]. - The net loss attributable to Phoenix New Media was RMB 29.7 million (approximately USD 4.1 million), compared to RMB 26.0 million in Q1 2024 [8][9]. Balance Sheet - As of March 31, 2025, the company had cash and cash equivalents totaling RMB 984.5 million (approximately USD 135.7 million) [10]. Performance Outlook - The company expects Q2 2025 total revenue to be between RMB 182.1 million and RMB 197.1 million, with advertising net revenue projected between RMB 148.7 million and RMB 158.7 million [11].

Exhibit 99.1 Phoenix New Media Reports First Quarter 2025 Unaudited Financial Results Live Conference Call to be Held at 9:30 PM U.S. Eastern Time on May 13, 2025 BEIJING, China, May 14, 2025 — Phoenix New Media Limited (NYSE: FENG) ("Phoenix New Media", "ifeng" or the "Company"), a leading new media company in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. Mr. Yusheng Sun, CEO of Phoenix New Media, stated, "In the first quarter of 2025, we navigated compl ...