{
  "docId": "019dd923-622c-750b-8b9a-539b4b45e826",
  "docSlug": "9fb9cb7289b2",
  "documentTitle": "iQIYI, Inc. (IQ)",
  "authorId": "60_Wolfpack_Research",
  "authorName": "Wolfpack Research",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-04-07 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 17,
  "pageCount": 37,
  "prevPage": 16,
  "nextPage": 18,
  "slideType": "appendix_disclosure",
  "function": "appendix",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "Includes a footnote with a URL to the original regulatory filing.",
  "elementsJson": [
    "paragraph",
    "screenshot",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-539b4b45e826/17",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-539b4b45e826",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-539b4b45e826.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-539b4b45e826#slide-17",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.77,
        "x": 0.116,
        "y": 0.18
      },
      "kind": "paragraph",
      "text": "\"...According to the \"Capital Increase Agreement\", Hexie Anlang (和谐安朗) will subscribe for 10.00% of Xin'ai Sports' equity at 300 million yuan, corresponding to the new registered capital of Xin'ai Sports of 12 million yuan, and the excess of 288 million yuan will be included in Xin'ai Sports Capital Reserve; Zhixing Bingjing (知行并进) will subscribe for 3.33% equity of Xin'ai Sports for 100 million yuan, corresponding to Xin'ai Sports' newly added registered capital of 4 million yuan, and the excess of 96 million yuan will be included in Xin'ai Sports Capital Reserve; Huiying Borun (汇盈博润)will be 100 million yuan The subscription of 3.33% of Xin'ai Sports to the newly added registered capital of Xin'ai Sports of RMB 4 million, and the excess of RMB 96 million is included in the Xin'ai Sports Capital reserve.\" 45",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5b057af1-d0f0-4a56-8d1e-137b8b0b8d5a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.77,
        "x": 0.116,
        "y": 0.47
      },
      "kind": "paragraph",
      "text": "2018年8月7日，公司召开了第八届董事会第四十八次会议，会议审议通过了《关于公司签署增资协议暨关联交易的议案》，同意公司与新爱体育、新英传媒、爱奇艺、喻凌霄、新英汇智、和谐安朗、知行并进、汇盈博润签署《增资协议》。根据《增资协议》，和谐安朗将以3亿元认购新爱体育10.00%的股权，对应新爱体育新增注册资本1,200万元，超出部分28,800万元计入新爱体育资本公积；知行并进将以1亿元认购新爱体育3.33%的股权，对应新爱体育新增注册资本400万元，超出部分9,600万元计入新爱体育资本公积；汇盈博润将以1亿元认购新爱体育3.33%的股权，对应新爱体育新增注册资本400万元，超出部分9,600万元计入新爱体育资本公积。",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6c5ca71f-9ce8-4ad1-a366-b616d15d8b10",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.77,
        "x": 0.116,
        "y": 0.095
      },
      "kind": "paragraph",
      "text": "Below are translations of the relevant excerpts from the auditor's letter, followed by screenshots of the excerpts from the original Chinese letters:",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7c8318b8-a159-41c3-93d6-6c51456754ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "\"According to the 'Capital Increase Agreement', Hexie Anlang (和谐安朗) will subscribe for 10.00% of Xin'ai Sports' equity at 300 million yuan, corresponding to the new registered capital of Xin'ai Sports of 12 million yuan, and the excess of 288 million yuan will be included in Xin'ai Sports Capital Reserve\" — Auditor's Letter",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-203f-7169-9f90-ed0e1b9fbcbe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.77,
        "x": 0.116,
        "y": 0.87
      },
      "kind": "source-note",
      "text": "45 \"Proposal on the Signing of Capital Increase Agreements and Related Party Transactions\" 关于《关于对武汉当代明诚文化股份有限公司有关受让控股子公司股权并增资资产出售的问询函》的回复 http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2019-04-15/600136_20190415_2.pdf",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fe738f5e-d621-46b7-a41f-ca9541fe439b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.35,
        "x": 0.116,
        "y": 0.145
      },
      "kind": "title",
      "text": "1) Capital Increase Initial A Round",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "17478286-6b25-4c9a-8fee-af71f7d499b1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.55,
        "x": 0.116,
        "y": 0.41
      },
      "kind": "title",
      "text": "②A 轮增资完成时，公司及一致行动人持股情况及董事会席位",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a20b50fa-bd67-4cca-8757-d16146c57a64",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.45,
        "x": 0.116,
        "y": 0.44
      },
      "kind": "title",
      "text": "1) A 轮首次增资 Capital Increase Initial A Round",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b3de1140-bd38-4c55-9794-a516a6708348",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 20,
      "from": 6,
      "beatId": "83f9cd5c-f84b-4402-9454-a3996734e45e",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle",
      "beatSlug": "overcoming-monster-the-struggle",
      "evidence": "The document presents a detailed analysis of iQIYI's financials, highlighting several areas of concern",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}