iQIYI(US:IQ) Nan Fang Du Shi Bao·2026-01-21 09:37Group 1 - The core point of the article is the resignation of iQIYI's CFO Wang Jun due to personal reasons, with the company appointing Zeng Ying as the acting CFO while searching for a permanent replacement [2] - Wang Jun joined iQIYI in 2018 and became CFO in 2022, playing a significant role in optimizing the company's capital structure and contributing to its financial stability [2][3] - During his tenure, Wang Jun was involved in major capital market transactions, including supporting the company's IPO and subsequent financing activities, which were crucial for iQIYI's listing [2] Group 2 - iQIYI's recent financial performance has been under pressure, with the latest Q3 report showing total revenue of 6.68 billion yuan, a year-on-year decline of 8%, and a net loss of nearly 250 million yuan compared to a net profit of 230 million yuan in the same period last year [4] - Membership revenue continues to decline, reported at 4.21 billion yuan, indicating ongoing challenges in revenue generation [4] - There are considerations for a secondary listing in Hong Kong to raise $300 million, aimed at improving the company's debt structure and financial flexibility, although iQIYI has not provided further details on this matter [4]