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iQIYI Original Content Wins Awards at New York Festivals World's Best TV & Films
April 11, 2018

LAS VEGAS, April 11, 2018 -- iQIYI Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that two iQIYI original dramas, "Tientsin Mystic" and "Burning Ice," have been recognized with honors at the New York Festivals World's Best TV & Films competition. "Tientsin Mystic" was awarded a Silver Medal for Best Visual Effects; a Bronze Medal for Best Direction; and shortlisted for Best Drama. "Burning Ice" was awarded a Bronze Medal for Best Crime Series and shortlisted for Best Original Music.

"Tientsin Mystic," an adventure series set in the 1930s, has been viewed nearly 2 billion times since its premiere on iQIYI last July. "Burning Ice", a 12-episode crime series from veteran Chinese director Han Sanping, was also a massively popular hit. The elaborate production and cinema-level quality of the two shows exemplifies iQIYI's commitment to world-class content and production values. Both series were picked up by American distributor Netflix as well as several major streaming platforms in Hong Kong and Southeast Asia.

"We are thrilled that our original content has been recognized with these prestigious honors from the New York Festivals," said Leon Chen, vice president of marketing with iQIYI. "For several years, iQIYI has been investing in high-quality original programming to bring our viewers a premium entertainment experience. We are delighted that our content has begun to gain recognition from overseas viewers as well."

iQIYI established its reputation for high-quality original content with the launch of the massively popular "The Lost Tomb," one of the first original internet dramas in China. In recent years, iQIYI has released a string of hit dramas including "With You" and "The Mystic Nine", and has pioneered the internet variety show genre with huge hits including "Qipa Talk," released in 2014 and currently in its fourth season.

In 2018, iQIYI also launched several popular reality shows, including street dance competition "Hot-Blood Dance Crew" and China's first robot combat program "Clash Bots", which have attracted significant public attention.

New York Festivals was founded in 1957 with the aim of honoring the best television and film produced around the globe; it is one of the most influential festivals in North America. Today, the festival is widely regarded as the world's most international in scope, with more than 40 countries participating last year.

About iQIYI Inc.

iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company") is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI's platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user-generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, live broadcasting, online games, IP licensing, online literature and e-commerce etc. For more information on iQIYI, please visit http://ir.iQIYI.com.

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