iQIYI Inc (NAS:IQ)
$ 2.35 -0.12 (-4.86%) Market Cap: 2.37 Bil Enterprise Value: 3.71 Bil PE Ratio: 12.14 PB Ratio: 1.30 GF Score: 56/100
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Q1 2021 iQIYI Inc Earnings Call Transcript

May 18, 2021 / 11:00AM GMT
Release Date Price: $13.95 (+10.28%)
Operator

Good day, and thank you for standing by. Welcome to the iQIYI First Quarter 2021 Earnings Conference Call. (Operator Instructions)

Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Ms. Fan Liu, Investor Relations Director of iQIYI. Please go ahead.

Fan Liu

Thank you, operator. Hello, everyone, and thank you for joining iQIYI's First Quarter 2021 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 CCO, Chief Content Officer; and Mr. Xianghua Yang, Senior Vice President of our Membership business.

On behalf of Mr. Gong, I will give a brief summary of the shareholder letter we sent out earlier today, followed by Xiaodong, who will go through the financials and guidance. After our prepared remarks, Xiaohui and

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