Financial Data and Key Metrics Changes - Total revenue for Q3 2020 reached RMB 7.2 billion, with membership business accounting for 55% of total revenues and growing by 7% year-over-year [16] - Operating loss margin narrowed to 17% from 38% in the same period last year, attributed to a 22% year-over-year decrease in cost of revenues [16] - Cash, cash equivalents, restricted cash, and short-term investments amounted to RMB 7.4 billion as of September 30, 2020 [17] Business Line Data and Key Metrics Changes - Membership services revenue grew by 7% year-over-year to RMB 3.98 billion, with total subscribers at 104.8 million and a paying ratio of 99.5% [4][16] - Advertising business recorded a notable rebound with a 16% increase on a quarter-over-quarter basis, driven by a recovery in the domestic advertising market [9][16] Market Data and Key Metrics Changes - The domestic advertising market is recovering, with brand ads revenue increasing sequentially for two consecutive quarters, mainly from food and beverage, online games, and transportation sectors [10][11] - Education and consumer electronics sectors showed faster recovery in advertising revenue [11] Company Strategy and Development Direction - The company is focusing on diversifying content categories to target different user groups, with successful initiatives like the iQIYI Mist Theater attracting over 68 million viewers [8] - Plans to enhance monetization capabilities on larger screens, as user engagement on smart TVs and set-top boxes is increasing [6] - The company aims to innovate and develop new production and operational strategies for sustainable long-term growth [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of user behavior and macroeconomic conditions post-COVID-19, despite temporary slowdowns in membership growth due to content release delays [4][7] - The company anticipates uncertainties in membership trends following a recent pricing adjustment, but expects long-term recovery driven by exclusive premium content [9][20] Other Important Information - The company is investing in technology and content production capabilities, including leveraging 5G and AI for content distribution [28] - The Mist Theater has been a significant success, with plans to launch more self-branded content verticals in the future [12][15] Q&A Session Summary Question: Potential uncertainty in subscriber growth after price hike - Management noted that the new pricing plan was effective on November 13, and initial data shows no significant change in new subscriber growth, but potential negative impacts may be observed in the coming quarters [18][19] Question: Rationale behind the new pricing increase - The pricing adjustment was based on user surveys conducted since 2018, indicating acceptance of the new pricing among users [22][24] Question: Advertising outlook for 2021 - Management expects a better advertising outlook in 2021 as the pandemic is controlled, but acknowledges the lack of systematic patterns from the current year [26] Question: Competition and market share outlook - Management stated that they cannot predict competitors' pricing plans but believe the adjusted pricing is reasonable given the content supply and cost gap in the industry [32][33] Question: Content cost outlook - Content costs have decreased due to delays in content release and regulatory audits, but management does not expect a sharp decrease in the long term [34][35] Question: Impact of short video platforms - Management acknowledged that while short video platforms attract new users, they have a net negative impact on long-form video platforms due to copyright issues [40][41]

iQIYI, Inc. (NASDAQ:IQ) Q2 2020 Results Conference Call August 13, 2020 8:00 PM ET Company Participants Lei Zhang - Investor Relations Tim Gong - Chief Executive Officer Xiaodong Wang - Chief Financial Officer Xianghua Yang - President of Membership & Overseas Business Group Xiaohui Wang - Chief Content Officer Conference Call Participants Wendy Chen - Goldman Sachs Thomas Chong - Jefferies Alicia Yap - Citigroup Billy Leung - Haitong International Tian Hou - T.H. Capital Bo Pei - Oppenheimer Ella Ji - Ch ...

IQIYI, Inc. (NASDAQ:IQ) Q1 2020 Earnings Conference Call May 18, 2020 8:00 PM ET Company Participants Dahlia Wei - Director of IR Tim Gong - Founder, CEO & Director Xianghua Yang - SVP Xiaodong Wang - CFO Conference Call Participants Diying Ji - China Renaissance Securities Eddie Leung - BofA Merrill Lynch Thomas Chong - Jefferies LLC Wai Yan Wong - HSBC Yik Wah Yap - Citigroup Inc Zhi Yi Chen - Goldman Sachs Group Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome ...

| --- | --- | --- | |-----------------------------------------------------------------------------------------|-------------------|---------------------------------------------------------------| | | | | | Securities registered or to be registered pursuant to Section 12(b) of the Act: | | | | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | American Depositary Shares, each representing seven Class A ordinary shares | IQ | The Nasdaq Stock Market LLC (The Nasdaq Global ...

Company Participants Dahlia Wei - Director of Investor Relations Yu Gong - Founder, Director & Chief Executive Officer Xiaodong Wang - Chief Financial Officer Conference Call Participants Alicia Yap - Citigroup Eddie Leung - Bank of America, Merrill Lynch Thomas Chong - Jefferies Wendy Chen - Goldman Sachs Diying Ji - China Renaissance Tiah Ho - T.H. Capital Operator Ladies and gentlemen, thank you for standing by, and welcome to the iQIYI Fourth Quarter and Fiscal Year 2019 Earnings Conference Call. At ...

iQIYI, Inc. (NASDAQ:IQ) Q3 2019 Earnings Conference Call November 6, 2019 7:00 PM ET Company Participants Dahlia Wei - Director of IR Tim Gong Yu - Founder and CEO Xiaodong Wang - CFO Conference Call Participants Thomas Chong - Jefferies Diying Ji - China Renaissance Zhi Yi Chen - Goldman Sachs Binnie Wong - HSBC Eddie Leung - Bank of America Alicia Yap - Citigroup (Transcript provided to Seeking Alpha by the company.) Operator Ladies and gentlemen, thank you for standing and welcome to the iQIYI Third Quar ...

iQIYI, Inc. (NASDAQ:IQ) Q2 2019 Earnings Conference Call August 19, 2019 8:00 PM ET Company Participants Dahlia Wei - Director of IR Tim Gong Yu - Founder & CEO Xiaodong Wang - CFO Conference Call Participants Alicia Yap - Citigroup Diying Ji - China Renaissance Eddie Leung - BofA Merrill Lynch Thomas Chong - Jefferies LLC Tianxiao Hou - T.H. Capital, LLC Yuanyuan Long - Crédit Suisse AG Zhi Yi Chen - Goldman Sachs (Transcript provided to Seeking Alpha by the company.) Operator Ladies and gentlemen, thank y ...

iQIYI, Inc. (NASDAQ:IQ) Q1 2019 Earnings Conference Call May 16, 2019 8:00 PM ET Company Participants Dahlia Wei - IR Yu Gong - CEO Xiaodong Wang - CFO Conference Call Participants Ella Ji - China Renaissance Alicia Yap - Citigroup Binnie Wong - HSBC Piyush Mubayi - Goldman Sachs Ribery Gu - Credit Suisse Karen Chan - Jefferies Tian Hou - TH Capital Yanyan Xiao - Citic Securities Elinor Leung - CLSA James Lee - Mizuho Securities Wendy Huang - Macquarie Operator Ladies and gentlemen thank you for standing by ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ 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, 2018. 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 ...

IQIYI, Inc. (NASDAQ:IQ) Q4 2018 Earnings Conference Call February 21, 2019 7:00 PM ET Company Participants Dahlia Wei - Director of Investor Relations Yu Gong - Founder, Chief Executive Officer and Director Xiaodong Wang - Chief Financial Officer Conference Call Participants Thomas Chong - Credit Suisse Eddie Leung - Merrill Lynch Ella Ji - China Renaissance Alicia Yap - Citi Group Binnie Wong - HSBC Tian Hou - TH Capital Karen Chan - Jefferies Operator Ladies and gentlemen thank you for standing by and wel ...