iQIYI's Proposed Listing on Hong Kong Stock Exchange, Share Repurchase Program, and Nadou Pro AI Agent Launch

iQIYI, a leading Chinese online entertainment video provider, announced a proposed listing on the Hong Kong Stock Exchange, a share repurchase program of up to $100 million, and the open commercial testing of its proprietary AI agents Nadou Pro. The Proposed Listing aims to enhance the Company's access to the Hong Kong capital market and broaden its investor base. The share repurchase program demonstrates the Company's confidence in its long-term business prospect and commitment to delivering value to shareholders. Nadou Pro is designed for professional long-form video generation and integrates leading foundation models with iQIYI's expertise in premium content production.