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  "documentTitle": "iQIYI, Inc. (IQ)",
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  "presentationDate": "2020-04-07 00:00:00",
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  "notes": "The slide uses two tables to highlight discrepancies in financial reporting between IQ and Wuhan DDMC.",
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      "kind": "callout",
      "text": "Therefore, we conclude that IQ simply made up this non-cash contribution to add RMB 757.75 million of fraudulent deferred revenue which management uses to inflate its revenues.",
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      "text": "A disclosure on page 128 of Wuhan DDMC's 2018 annual report further belies IQ's non-cash contribution claim.",
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      "text": "The total equity contributions made to Xin'ai Sports, as reported by Wuhan DDMC, do not show any non-cash contributions.",
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      "text": "A disclosure on page 128 of Wuhan DDMC’s 2018 annual report further belies IQ’s non-cash contribution claim.",
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      "text": "51 IQ 2019 20-F, p. F-62",
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      "kind": "source-note",
      "text": "50 武汉当代明诚文化股份有限公司, 2018 年度报告, p.128, 重要非全资子公司的主要财务信息",
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      "text": "Amounts due to related parties, current and non-current",
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      "text": "Top 5 Counterparties of Other Receivables as of the End of the Period",
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