IQIYI

Insights into CMGE (0302. HK) 2023 Financial Results: Rich Reserve of New Games Set to Drive Significant Business Growth

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星期一, 四月 8, 2024

HK), a game operator listed on the Hong Kong Stock Exchange, recently released its annual financial report for the year 2023.

Key Points: 
  • HK), a game operator listed on the Hong Kong Stock Exchange, recently released its annual financial report for the year 2023.
  • Co-published by CMGE and Tanwan Games, the game secured a license in July 2023 and initiated a reservation campaign in August, attracting over 6 million sign-ups.
  • Industry experts noted that one of the emerging opportunities in the game industry in 2023 was the rise of the mini-game market.
  • According to analysts, CMGE, a forerunner in IP games, possesses extensive IP reserves conducive to achieving high-quality and premium product-driven development.

CMGE Released Its Annual Performance Report: After Adjustments, Net Profit Turned from Loss to Profit, With Non-Recurring Operating Profit Reaching 107 million Yuan

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星期一, 四月 8, 2024

After adjustments, the net profit reached 5.379 million yuan, marking an overall turnaround from loss to profit with a year-on-year increase of 103% due to the low base in 2022.

Key Points: 
  • After adjustments, the net profit reached 5.379 million yuan, marking an overall turnaround from loss to profit with a year-on-year increase of 103% due to the low base in 2022.
  • After deducting the impact of non-operating income and expenses on profit, the operating profit stood at 107 million yuan.
  • According to the financial report, in 2023, CMGE attracted over 92.87 million new registered users, marking a 9.8% increase compared to the same period.
  • The mini-game business generated 600 million yuan in revenue, becoming a new growth point for the company.

iQIYI Releases May Holiday Content Consumption Report, Showcasing Robust Viewer Engagement Across Genres

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星期四, 五月 9, 2024

BEIJING, May 9, 2024 /PRNewswire/ -- On May 7, iQIYI, an innovative market-leading online entertainment service in China, released its viewership data and content trends for the May Day holiday (May 1-5). The data revealed a 12% sequential increase in total viewing time compared with the previous period, demonstrating strong viewer engagement across various genres, including drama series, films, variety shows, and sports programming.

Key Points: 
  • BEIJING, May 9, 2024 /PRNewswire/ -- On May 7, iQIYI, an innovative market-leading online entertainment service in China, released its viewership data and content trends for the May Day holiday (May 1-5).
  • The data revealed a 12% sequential increase in total viewing time compared with the previous period, demonstrating strong viewer engagement across various genres, including drama series, films, variety shows, and sports programming.
  • The holiday season witnessed a remarkable 37% sequential increase in the total viewing time for iQIYI's film channel, with Pegasus 2, Article 20, and YOLO claiming the top three spots.
  • The robust viewership of premium content across genres reflects iQIYI's dedication to delivering high-quality and diverse offerings.

iQIYI Launches Over 300 Titles at 2024 World Conference, Fueling Growth with Diverse Content and Robust IP Monetization

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星期四, 四月 25, 2024

BEIJING, April 25, 2024 /PRNewswire/ -- iQIYI, an innovative market-leading online entertainment service in China, announced an exciting lineup of over 300 new titles across genres at the iQIYI 2024 World Conference held on April 23-24. The company also introduced two new drama series brands and forged multiple strategic partnerships aimed at fueling growth with its premium content offerings and IP development.

Key Points: 
  • The company also introduced two new drama series brands and forged multiple strategic partnerships aimed at fueling growth with its premium content offerings and IP development.
  • Yu GONG, Founder and CEO of iQIYI, highlighted the company's commitment to realism in content creation and delivering high-quality and diverse offerings.
  • Xiaohui WANG, Chief Content Officer at iQIYI, emphasized the company's steadfast commitment to fostering creative diversity and innovation among its studios.
  • Liu believes that AI-generated content should not be misinterpreted as competing with professionally produced content and user-generated content.

Pixelworks Empowers iQOO Z9 Turbo to Bring Immersive Gaming and Video Experiences to More Consumers

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星期三, 四月 24, 2024

SHANGHAI, April 24, 2024 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, today announced that vivo's newly launched iQOO Z9 Turbo smartphone incorporates Pixelworks' X5 Turbo visual processor, providing end users with an immersive high-frame-rate gaming experience. The iQOO Z9 Turbo features stunning visual quality through a combination of differentiated frame rate optimization solutions and a diverse set of built-in visual enhancement modes. The smartphone also integrates multiple popular video Apps with silky-smooth picture quality, which greatly enhances the immersive feel for consumers across different visual scenarios.

Key Points: 
  • The iQOO Z9 Turbo features stunning visual quality through a combination of differentiated frame rate optimization solutions and a diverse set of built-in visual enhancement modes.
  • The smartphone also integrates multiple popular video Apps with silky-smooth picture quality, which greatly enhances the immersive feel for consumers across different visual scenarios.
  • Also ensuring the visual enjoyment for mobile gaming, the Pixelworks powered iQOO Z9 Turbo provides consumers with multiple gaming filter modes for display enhancement.
  • "As one of iQOO's smartphone series, the iQOO Z9 Turbo is committed to providing users with powerful product performance and fascinating gaming experience," stated Yaojing Yang, Director of Gaming Experience Planning Center, iQOO.

iQIYI Files Its Annual Report on Form 20-F

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星期四, 三月 14, 2024

BEIJING, March 14, 2024 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on March 14, 2024, U.S. Eastern Time.

Key Points: 
  • BEIJING, March 14, 2024 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on March 14, 2024, U.S. Eastern Time.
  • The annual report can be accessed on the Company’s investor relations website at http://ir.iqiyi.com.
  • The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • Requests should be directed to Investor Relations Department, iQIYI, Inc., 4/F, iQIYI Youth Center, Yoolee Plaza, No.

Ant International Kicks Off Global Campaign for UEFA EURO 2024

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星期四, 三月 14, 2024

As an Official Partner of the UEFA EURO 2024, the 17th edition of the international football championship organized by Union of European Football Associations (UEFA), Ant International kicks off a global campaign across its businesses – Alipay+, Antom and WorldFirst – to engage and celebrate with fans globally in the lead up to one of the biggest sporting events of the year.

Key Points: 
  • As an Official Partner of the UEFA EURO 2024, the 17th edition of the international football championship organized by Union of European Football Associations (UEFA), Ant International kicks off a global campaign across its businesses – Alipay+, Antom and WorldFirst – to engage and celebrate with fans globally in the lead up to one of the biggest sporting events of the year.
  • “Nothing brings people closer together than travel, trade, and a legendary sport like football,” said Douglas Feagin, President of Ant International.
  • “For European businesses, global enthusiasm over UEFA EURO 2024 brings not only international tourism revenue, but also the opportunity to grow their customer base.
  • Alipay+ has launched an in-app UEFA EURO 2024 fan zone exclusively for users of AlipayHK, Touch ‘n Go eWallet, TrueMoney, GCash and DANA.

iQIYI Launches 'Art Films' Series, Celebrating Artistic Filmmaking and Global Masterpieces

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星期四, 四月 4, 2024

BEIJING, April 3, 2024 /PRNewswire/ -- On March 30, iQIYI, an innovative market-leading online entertainment service in China, announced the launch of its 2024 'Art Films' series.

Key Points: 
  • BEIJING, April 3, 2024 /PRNewswire/ -- On March 30, iQIYI, an innovative market-leading online entertainment service in China, announced the launch of its 2024 'Art Films' series.
  • This latest series features titles that have triumphed at prestigious film festivals globally, offering home viewers an easy access to world-renowned art films.
  • Since its inception in 2015, 'Art Films' series has set a precedent as the first distribution channel and the largest online platform in China dedicated to streaming high-quality art films from across the globe.
  • And also Off the Stage, a film presented by iQIYI that clinched the Best Actress award at the 36th Golden Rooster Awards.

iQIYI's 'Action Master' Season Unveils Diverse Charm of Martial Arts Films

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星期四, 三月 21, 2024

BEIJING, March 21, 2024 /PRNewswire/ -- iQIYI, an innovative market-leading online entertainment service in China, has recently concluded the first season of 'Action Master,' showcasing the multifaceted allure of action movies. Throughout the season, iQIYI released four premium action films including Blocking the Horse, Eye for an Eye 2, Hunt the Wicked, and The Wild Blade of Strangers. These films not only pay homage to the venerable tradition of martial arts culture but also explore its contemporary relevance and novel expressions, while pioneering a groundbreaking multi-line distribution model for such movies.

Key Points: 
  • Throughout the season, iQIYI released four premium action films including Blocking the Horse, Eye for an Eye 2, Hunt the Wicked, and The Wild Blade of Strangers.
  • These films not only pay homage to the venerable tradition of martial arts culture but also explore its contemporary relevance and novel expressions, while pioneering a groundbreaking multi-line distribution model for such movies.
  • The 'Action Master' Season films by iQIYI offer a captivating and culturally rich experience for audiences of all ages and tastes.
  • Seamlessly blending traditional elements such as Chinese classical opera, oriental aesthetics, and martial arts tales, these films showcase the vibrant diversity of action and martial arts cinema.

iQIYI's 'To the Wonder' Selected for CANNESERIES, Marking the First C-Drama in Long Form Competition

Retrieved on: 
星期二, 三月 12, 2024

This marks the first Chinese language long-form drama series to be selected in this competition since its launch in 2018.

Key Points: 
  • This marks the first Chinese language long-form drama series to be selected in this competition since its launch in 2018.
  • To the Wonder is set for its world premiere in Cannes on April 7, where it will vie for five major awards against seven other international series.
  • The nominated mini-series is an adaptation of the award-winning essay collection My Altay by Juan LI, a renowned Chinese essayist.
  • These achievements highlight iQIYI's dedication to creating high-quality content that resonates with global audiences and underscore its growing influence in the international entertainment industry.