iQIYI Launches the First Domestic Interactive Film and Television Work "His Smile", Providing Brand New User Experience to the Chinese Audience

BEIJING,June21,2019 -- iQIYI,Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"),an innovative market-leading online entertainment service in China,officially launched the first domestic interactive film and television work His Smile on June 20th. His Smile is the first interactive film and television work to be launched after iQIYI first announced the launch of the world's first interactive video guideline (IVG) in May this year. It uses the "branching plot" interactive function of IVG with 21 preset storyline options and 17 possible endings,breaking the traditional film and television narrative structure and bringing a "freedom of choice" and "choose your own adventure" element to the viewer experience. Through the collaborative innovation of technology and content,iQIYI brings a refreshingly disruptive user experience and opens a new era of interactive video content in China.

iQIYI Launches the First Domestic Interactive Film and Television Work “His Smile”,Providing Brand New User Experience to the Chinese Audience

His Smile,produced by iQIYI and Linghe Media,tells the story of the interaction between a newcomer in the workplace,who is an assistant talent manager at a media company,and members of upcoming boyband hoping to make their big break. By opening up the option of choice in the story,the work allows the audience to enter themselves into the story as the character of the talent manager,making choices according to personal preferences,expanding the storyline related to it,and transforming the "viewer" to the "player" to achieve an immersive entertainment experience.

"With the accelerating growth of 5G technology,the traditional film and television content structure will continue to adapt based on the new technological environment," said Liu Wenfeng,iQIYI's Chief Technology Officer and President of Infrastructure and Intelligent Content Distribution Business Group (IIG). "Aside from offering Chinese audiences a brand-new viewing experience,the launch of His Smile also marks the introduction of a standard to interactive film and television works and that is bound to change the landscape of China's film and television industry," added Wang Xiaohui,iQIYI's Chief Content Officer and President of Professional Content Business Group (PCG).

At present,the domestic market's exploration of interactive video content is still in its infancy. Thus far,the existing interactive works have mainly fed off marketing or been received by early adopters as derivatives of games,variety shows,dramas,and movies and are mostly only carried in the form of H5 or PPT pictures. There has not been an independent interactive film and television work that uses video symbols as its carrier as well as follows the creative rules of film and television production until now. His Smile is undoubtedly the first real interactive film and television work in China.

iQIYI utilizes platform identity to dive into interactive video content,curates the industrial structure perfectly through its high-quality production standards and tools,establishes a cohesive set of market customs,helps more content partners create interactive videos,and opens up new video content exploration. In May earlier this year,iQIYI launched the world's first open interactive video guideline (IVG) and announced that it planned to launch an interactive video platform (IVP) to help creators create interactive video content conveniently and efficiently. IVG provides branching plotlines,perspective-switching,role switching,hidden content viewing of the script structure,and other AI-based preference reading technology. Today,iQIYI has already applied interactive functions to variety shows and trailers,such as the first domestic interactive variety show trailer for The Big Band,which users can experience in the latest version of the iQIYI App.

iQIYI has already pioneered the trend of blockbuster content with its works Time Raiders and The Rap of China,taking the lead in the membership subscription model,setting the standards for the production of online blockbuster films,revenue shared online drama series,and vertical short videos,and continuing to innovate and lead the development of the entertainment industry. This time,the world's first interactive video guideline and the first interactive film and television production will provide content creators with the "methodology + tools + content templates" to promote the emergence of the more high-quality interactive film and television works,and realize the development and scale of interactive video content.

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,e-commerce,etc.

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