iQIYI, Inc. (IQ) Q2 2022 Earnings Call Transcript

iQIYI, Inc. (NASDAQ:IQ)

Q2 2022 Results Conference Call

August 30, 2022 07:00 AM ET

Company Participants

Chang You - Investor Relations Director

Yu Gong - Founder, Director and CEO

Jun Wang – CFO

Conference Call Participants

Alicia Yap - Citigroup

Thomas Chong - Jefferies

Xueqing Zhang - CICC

Lincoln Kong - Goldman Sachs

Presentation

Operator

Thank you for standing by, and welcome to the iQIYI Second Quarter 2022 Earnings Conference Call. All participants are in listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over Ms. Chang You, Investor Relations Director. Ms. You, please proceed.

Chang You

Thank you, operator. Hello everyone and thank you for joining iQIYI’s second quarter 2022 earnings conference call. The Company’s results were released 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. Jun Wang, our CFO; Mr. Xiaohui Wang, our CCO, Chief Content Officer; Mr. Wenfeng Liu, our CTO, Chief Technology Officer; Ms. Vivian Wang, our CMO, Chief Marketing Officer; Mr. Youqiao Duan, Senior Vice President of our membership business; and Mr. Xianghua Yang, Senior Vice President of movies and overseas business. Mr. Gong will give a brief overview of the Company’s business operations and highlights, followed by Jun, who will go through the financials. After the prepared remarks, Xiaohui, Wenfeng, Vivian, Youqiao and Xianghua will join Mr. Gong and Jun in the Q&A session.

Before we proceed, please note that the discussion today will contain forward-looking statements, made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but