iQIYI, Inc. announced changes to its board composition. Mr. Junjie He, Corporate Vice President of Baidu, Inc., has been appointed as a director of the Board. Mr. Haifeng Wang has resigned from the Board. These changes will be effective on March 18, 2021. Mr. Junjie He is currently leading the Financial Planning & Analysis Department of Baidu. He is in charge of Baidu's group budgeting, financial planning and financial analysis, and manages Baidu's corporate resource allocation and optimization.