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424B4
IQIYI, INC. filed this Form 424B4 on 03/29/2018
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Table of Contents

Beneficial ownership is determined in accordance with the rules and regulations of the SEC. In computing the number of shares beneficially owned by a person and the percentage ownership of that person, we have included shares that the person has the right to acquire within 60 days, including through the exercise of any option, warrant, or other right or the conversion of any other security. These shares, however, are not included in the computation of the percentage ownership of any other person.

Baidu, our parent company, and Hillhouse Capital, a long-term asset manager affiliated with our shareholder HH RSV-V Holdings Limited, have subscribed and have been allocated by the underwriters, 8,333,333 ADSs and 9,500,000 ADSs, respectively, in this offering at the initial public offering price.

 

    Ordinary Shares
Beneficially Owned Prior
to This Offering
    Class A
Ordinary Shares
Beneficially
Owned After This
Offering
    Class B
Ordinary Shares
Beneficially
Owned After This
Offering
    Voting Power
After This
Offering
 
    Number     %     Number     %     Number     %     %  

Directors and Executive Officers**:

             

Robin Yanhong Li(1)

    2,839,530,705       69.6       58,333,331       2.8       2,839,530,705       100.0       93.3  

Qi Lu

    —         —         —         —         —         —         —    

Yu Gong(2)

    77,185,293       1.9       77,185,293       3.5       —         —         *  

Herman Yu

    —         —         —         —         —         —         —    

Xuyang Ren

    —         —         —         —         —         —         —    

Victor Zhixiang Liang

    —         —         —         —         —         —         —    

Lu Wang***

    —         —         —         —         —         —         —    

Chuan Wang(3)

    —         —         —         —         —         —         —    

Sam Hanhui Sun***

    —         —         —         —         —         —         —    

Xiaodong Wang

    *       *       *       *       *       *       *  

Xiaohui Wang

    *       *       *       *       *       *       *  

Xing Tang

    *       *       *       *       *       *       *  

Xiangjun Wang

    *       *       *       *       *       *       *  

Xianghua Yang

    *       *       *       *       *       *       *  

Youqiao Duan

    *       *       *       *       *       *       *  

All Directors and Executive Officers as a Group

   
2,947,390,998
 
   
70.6
 
    166,193,624       7.5       2,839,530,705       100.0       93.6  

Principal Shareholders:

             

Baidu Holdings

    2,839,530,705 (4)      69.6       58,333,331 (5)      2.8       2,839,530,705       100.0       93.3  

Xiaomi Ventures Limited(6)

    341,874,885       8.4       341,874,885       16.2       —         —         1.1  

HH RSV-V Holdings Limited

    232,060,527 (7)      5.7       298,560,527 (8)      14.1       —         —         *  

 

Notes:

* Less than 1%.
** Except for Robin Yanhong Li, Qi Lu, Herman Yu, Xuyang Ren, Victor Zhixiang Liang and Chuan Wang, the business address of our directors and executive officers is 9/F, iQIYI Innovation Building, No. 2 Haidian North First Street, Haidian District, Beijing 100080, China. The business address of Robin Yanhong Li, Qi Lu, Herman Yu, Xuyang Ren and Victor Zhixiang Liang is Baidu Campus, No. 10 Shangdi 10th Street, Haidian District, Beijing 100085, China.
*** Mr. Lu Wang has accepted appointment as our director and Mr. Sam Hanhui Sun has accepted appointment as our independent director, both of which will be effective upon the effectiveness of the registration statement of which this prospectus is a part.
(1) Mr. Li has the majority voting power in Baidu and is deemed to beneficially own iQIYI’s shares held by Baidu Holdings. The beneficial ownership of Mr. Robin Yanhong Li as described in this table does not include the 36,860,691 Class B ordinary shares that we expect to issue to Baidu Holdings on May 31, 2018, pursuant to a share purchase agreement we entered into with Baidu Holdings on February 12, 2018. See “Our Relationship with Baidu.”
(2) Representing (i) 63,086,689 ordinary shares that Dr. Gong may purchase upon exercise of options within 60 days of the date of this prospectus, (ii) 7,500,251 ordinary shares held by Cannes Ventures Limited and (iii) 6,064,174 ordinary shares issuable upon conversion of the same number of Series A-1 convertible junior preferred shares held by Cannes Ventures Limited, a company incorporated in the Cayman Islands. Cannes Ventures Limited is wholly-owned by Dr. Gong. The registered address of Cannes Ventures Limited is 190 Elgin Avenue, George Town, Grand Cayman, Cayman Islands.
(3) The business address of Mr. Chuan Wang is Building C, Qinghe Shunshijiaye Technology Park, No. 66 Zhufang Road, Haidian District, Beijing 100085, China.

 

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