iQIYI, Inc. (IQ) Q4 2022 Earnings Call Transcript

iQIYI, Inc. (NASDAQ:IQ) Q4 2022 Earnings Conference Call February 22, 2023 6:30 AM ET

Company Participants

Chang You - Director of Investor Relations

Yu Gong - Founder, Director and Chief Executive Officer

Jun Wang - Chief Financial Officer

Xiaohui Wang - Chief Content Officer

Wenfeng Liu - Chief Technology Officer

Youqiao Duan - Senior Vice President of Membership business

Xianghua Yang - Senior Vice President of Movie and Overseas business

Conference Call Participants

Xueqing Zhang - CICC

Lei Zhang - Bank of America Merrill Lynch

Lincoln Kong - Goldman Sachs

Operator

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

I would now like to hand the conference over to Ms. Chang You, Investor Relations Director. Please go ahead.

Chang You

Thank you, operator. Hello everyone and thank you for joining iQIYI's Fourth Quarter and Fiscal Year 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; and Mr. Jun Wang, our CFO; Mr. Xiaohui Wang, our CCO, Chief Content Officer and Mr. Wenfeng Liu, our CTO, Chief Technology Officer; Mr. Youqiao Duan, Senior Vice President of our Membership business; and Mr. Xianghua Yang, Senior Vice President of Movie and Overseas business; and Mr. Gang Wu, Senior Vice President of Brand Advertising 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, Youqiao, Xianghua and Gang 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 are not limited to, those outlined in the public filings with the SEC. iQIYI does not undertake any obligation to update any forward-looking statements except as required under applicable law.

With that, I will now turn the call over to Mr. Gong. Please go ahead.