STOCK TITAN

CFO change at iQIYI (NASDAQ: IQ) as Jun Wang exits and Ying Zeng steps in

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

iQIYI, Inc. reported a change in its senior leadership team. Mr. Jun Wang has resigned as Chief Financial Officer, effective immediately, citing personal reasons. He will remain with the company as an advisor through May 31, 2026 to support a smooth handover. At the same time, Ms. Ying Zeng, currently Senior Vice President of Finance, has been appointed as Interim Chief Financial Officer. She has been with iQIYI since 2017 and previously worked in finance roles at Baidu and eLong, with accounting degrees from Wuhan University of Technology and Peking University. The company plans to conduct an executive search for a permanent CFO while emphasizing Ms. Zeng’s deep familiarity with iQIYI’s business and prior involvement in its IPO and financing activities.

Positive

  • None.

Negative

  • Chief Financial Officer resignation: Jun Wang’s immediate departure from the CFO role, even with an advisory transition period, represents a significant change in financial leadership that may raise governance and continuity concerns.

Insights

iQIYI’s CFO resigns; trusted internal finance leader steps in as interim.

The company announced that Jun Wang resigned as Chief Financial Officer, effective immediately, for personal reasons. He is credited with strengthening the company’s capital structure and financial foundation, which underscores his prior importance to iQIYI’s strategy. To ease the shift, he will continue as an advisor through May 31, 2026, providing continuity during the transition period.

Ying Zeng, currently Senior Vice President of Finance, has been appointed Interim CFO. Her background includes leading roles in iQIYI’s IPO and financing initiatives and senior finance positions at Baidu and eLong. This internal appointment suggests familiarity with existing financial processes and the management team, which can help reduce operational disruption.

The company plans a formal executive search for a permanent CFO, so the duration of the interim period is not specified in the excerpt. From an investor perspective, the departure of a key financial executive is a noteworthy governance event, while the advisory role for Mr. Wang and the promotion of an experienced internal finance leader may help support stability as the search progresses.

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2026

Commission File Number: 001-38431

 

 

iQIYI, Inc.

 

 

4/F, iQIYI Youth Center Yoolee Plaza,

No. 21, North Road of Workers’ Stadium, Chaoyang District Beijing, 100027,

People’s Republic of China

Tel: +86 10 6267-7171

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

 

 
 


Exhibit Index

Exhibit 99.1 — Press Release — iQIYI Announces Change in Executive Leadership


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

iQIYI, Inc.
By   :   /s/ Yu Gong
Name   :   Yu Gong
Title   :   Director and Chief Executive Officer

Date: January 21, 2026

Exhibit 99.1

iQIYI Announces Change in Executive Leadership

iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced that Mr. Jun Wang has resigned from his position as Chief Financial Officer, effective today, due to personal reasons. Concurrently, Ms. Ying Zeng, Senior Vice President of Finance, has been appointed as the Interim Chief Financial Officer of the Company. Mr. Jun Wang will continue on as an advisor to iQIYI to ensure a smooth transition, through May 31, 2026. The Company will conduct executive search of candidates for the Chief Financial Officer position.

“I am grateful to Jun for his dedicated service. Jun’s expertise and leadership have been instrumental in significantly strengthening our capital structure and establishing a more resilient financial foundation to support future value creation. On behalf of the Company and management team, I thank Jun for his invaluable contributions and wish him all the best. In addition, we will have Ms. Ying Zeng join our leadership team with her new role as the Company’s Interim CFO. Her close involvement in the Company’s IPO and previous financing initiatives, along with her extensive experience in finance and deep familiarity with the business and management team, will be invaluable to the Company,” said Dr. Yu Gong, Director and Chief Executive Officer of the Company.

“It has been my honor to be part of the team, and I am proud of all that we have accomplished together. I am confident that under the leadership of the current management team, iQIYI will continue to unlock new opportunities and achieve greater milestones in the future,” said Mr. Jun Wang.

Ms. Ying Zeng joined iQIYI in February 2017 and has served as the Senior Vice President of Finance since January 2022. Prior to that, she served as the deputy director of budget control and financial analysis department of Baidu, Inc. from June 2011 to February 2017. From June 2003 to May 2011, she served as a financial manager of eLong, Inc. Ms. Zeng obtained a bachelor’s degree in accounting from Wuhan University of Technology in July 1999 and a master’s degree in professional accounting from Peking University in June 2014.

About iQIYI, Inc.

iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, talent agency, experience business, etc.


For more information, please contact:

Investor Relations

iQIYI, Inc.

ir@qiyi.com

FAQ

What executive leadership change did iQIYI (IQ) announce on this 6-K?

iQIYI announced that Jun Wang resigned as Chief Financial Officer, effective immediately, and that Ying Zeng, Senior Vice President of Finance, has been appointed as Interim CFO.

Why did iQIYI CFO Jun Wang resign?

The company stated that Jun Wang resigned from his position as Chief Financial Officer due to personal reasons.

Will Jun Wang continue to be involved with iQIYI (IQ) after resigning as CFO?

Yes. Jun Wang will continue as an advisor to iQIYI to ensure a smooth transition, with this advisory role extending through May 31, 2026.

Who is iQIYI’s new Interim CFO and what is her background?

Ying Zeng, currently Senior Vice President of Finance, has been named Interim CFO. She joined iQIYI in February 2017, previously worked in finance roles at Baidu and eLong, and holds accounting degrees from Wuhan University of Technology and Peking University.

Is iQIYI (IQ) searching for a permanent Chief Financial Officer?

Yes. The company stated that it will conduct an executive search for candidates to fill the Chief Financial Officer position on a permanent basis.

What does iQIYI highlight about Interim CFO Ying Zeng’s experience?

iQIYI notes Ms. Zeng’s close involvement in the company’s IPO and previous financing initiatives, as well as her extensive finance experience and deep familiarity with the business and management team.
Iqiyi

NASDAQ:IQ

IQ Rankings

IQ Latest News

IQ Latest SEC Filings

IQ Stock Data

1.87B
527.38M
0.21%
43.15%
9.26%
Entertainment
Communication Services
Link
China
Beijing