Q4 2020 IQIYI Inc Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the iQIYI Fourth Quarter and Fiscal Year 2020 Earnings Conference 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 first speaker today, Investor Relations Director of iQIYI, Fan Liu. Thank you. Please go ahead.
Thank you, operator. Hello, everyone, and thank you for joining iQIYI's fourth quarter and fiscal year 2020 earnings conference call. The company's results were released earlier today and are available on the company's Investor Relations website at ir.iqiyi.com.
On the call today are Mr. Yu Gong, our Founder, Director and CEO; Mr. Xiaodong Wang, our CFO; Mr. Xiaohui Wang, our Chief Content Officer; and Mr. Xianghua Yang, Senior Vice President of our Membership business. Mr. Gong will give a brief overview of the company's business operations and highlights followed by Xiaodong, who will go through the financials and the guidance. After their prepared remarks, Xiaohui and
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