Phoenix New Media Reports Second Quarter 2024 Unaudited Financial Results
Phoenix New Media Reports Second Quarter 2024 Unaudited Financial Results
Live Conference Call to be Held at 9:30 PM U.S. Eastern Time on August 13, 2024
電話會議將於美國東部時間2024年8月13日晚上 9:30 舉行
BEIJING, China, August 14, 2024 — Phoenix New Media Limited (NYSE: FENG) ("Phoenix New Media", "ifeng" or the "Company"), a leading new media company in China, today announced its unaudited financial results for the second quarter ended June 30, 2024.
中國北京,2024年8月14日——中國領先的新媒體公司鳳凰新媒體有限公司(紐約證券交易所代碼:FENG)(「鳳凰新媒體」、「ifeng」 或 「公司」)今天公佈了截至2024年6月30日的第二季度未經審計的財務業績。
Mr. Yusheng Sun, CEO of Phoenix New Media, stated, "During the second quarter of 2024, we continued to establish ourselves as a leading new media outlet. We focused on strengthening our team's professional capabilities, producing quality content, refining our products, and optimizing user experience. Simultaneously, we kept exploring new commercial opportunities, creating new marketing solutions, attracting new clients, and exploring additional advertising revenue streams. We are committed to further improving our operational efficiency and monetization capabilities to strengthen our position."
鳳凰新媒體首席執行官孫宇生表示:「在2024年第二季度,我們繼續將自己確立爲領先的新媒體的地位。我們專注於增強團隊的專業能力、製作高質量的內容、完善我們的產品和優化用戶體驗。同時,我們一直在探索新的商業機會,創建新的營銷解決方案,吸引新客戶並探索額外的廣告收入來源。我們致力於進一步提高我們的運營效率和盈利能力,以鞏固我們的地位。」
Second Quarter 2024 Financial Results
2024 年第二季度財務業績
REVENUES
Total revenues in the second quarter of 2024 decreased by 6.6% to RMB168.3 million (US$23.2 million) from RMB180.2 million in the same period of 2023, primarily due to the year-over-year decline in both the Company's net advertising revenues and paid services revenues.
收入
2024年第二季度的總收入從2023年同期的人民幣1802萬元下降了6.6%,至人民幣16830萬元(合2320萬美元),這主要是由於公司的淨廣告收入和付費服務收入同比下降。
Net advertising revenues in the second quarter of 2024 decreased by 4.4% to RMB154.7 million (US$21.3 million) from RMB161.8 million in the same period of 2023, mainly due to the reduction in advertising spending of advertisers from certain industries and the intensified industry-wide competition.
Paid services revenues in the second quarter of 2024 decreased by 26.1% to RMB13.6 million (US$1.9 million) from RMB18.4 million in the same period of 2023. Paid services revenues comprise (i) revenues from paid contents, mainly including digital reading, audio books, and paid videos, and (ii) revenues from E-commerce and others. Revenues from paid contents in the second quarter of 2024 decreased by 20.3% to RMB5.9 million (US$0.8 million) from RMB7.4 million in the same period of 2023, mainly due to the decrease in the content spending of certain customers in the second quarter of 2024. Revenues from E-commerce and others in the second quarter of 2024 decreased by 30.0% to RMB7.7 million (US$1.1 million) from RMB11.0 million in the same period of 2023, as the Company scaled down its E-commerce business in 2023.
2024年第二季度的淨廣告收入從2023年同期的人民幣16180萬元下降了4.4%,至人民幣15470萬元(合2,130萬美元),這主要是由於某些行業廣告商的廣告支出減少以及全行業競爭的加劇。
2024年第二季度的付費服務收入從2023年同期的人民幣18.4萬元下降了26.1%,至人民幣13.6萬元(合190萬美元)。付費服務收入包括(i)來自付費內容的收入,主要包括數字閱讀、有聲讀物和付費視頻,以及(ii)來自電子商務和其他方面的收入。2024年第二季度的付費內容收入從2023年同期的人民幣74萬元下降了20.3%,至人民幣590萬元(80萬美元),這主要是由於某些客戶的內容支出在2024年第二季度有所減少。由於該公司在2023年縮減了電子商務業務,2024年第二季度的電子商務和其他收入從2023年同期的人民幣1100萬元下降了30.0%,至人民幣770萬元(合110萬美元)。
COST OF REVENUES AND GROSS PROFIT
Cost of revenues in the second quarter of 2024 decreased by 17.2% to RMB102.9 million (US$14.2 million) from RMB124.3 million in the same period of 2023, as a result of the Company's strict cost control measures.
Gross profit in the second quarter of 2024 increased by 17.0% to RMB65.4 million (US$9.0 million) from RMB55.9 million in the same period of 2023. Gross margin in the second quarter of 2024 was 38.9%, as compared to 31.0% in the same period of 2023.
To supplement the financial measures presented in accordance with the United States Generally Accepted Accounting Principles ("GAAP"), the Company has presented certain non-GAAP financial measures in this press release, which excluded the impact of certain reconciling items as stated in the "Use of Non-GAAP Financial Measures" section below. The related reconciliations to GAAP financial measures are presented in the accompanying "Unaudited Reconciliations of Non-GAAP Results of Operation Measures to the Nearest Comparable GAAP Measures."
Non-GAAP gross margin in the second quarter of 2024, which excluded share-based compensation, increased to 38.9% from 31.4% in the same period of 2023.
收入成本和毛利潤
由於公司嚴格的成本控制措施,2024年第二季度的收入成本從2023年同期的人民幣12430萬元下降了17.2%,至人民幣10.290萬元(合1,420萬美元)。
2024年第二季度的毛利從2023年同期的人民幣5590萬元增長了17.0%,至人民幣654萬元(合900萬美元)。2024年第二季度的毛利率爲38.9%,而2023年同期爲31.0%。
爲了補充根據美國公認會計原則(「GAAP」)提出的財務指標,公司在本新聞稿中提出了某些非公認會計准則財務指標,其中排除了下文 「使用非公認會計准則財務指標」 部分所述的某些對賬項目的影響。與GAAP財務指標的相關對賬見隨附的 「非公認會計准則經營業績指標與最接近的可比GAAP指標的未經審計的對賬」。
2024年第二季度的非公認會計准則毛利率(不包括基於股份的薪酬)從2023年同期的31.4%增至38.9%。
OPERATING EXPENSES AND LOSS FROM OPERATIONS
Total operating expenses in the second quarter of 2024 decreased by 18.9% to RMB74.3 million (US$10.2 million) from RMB91.6 million in the same period of 2023, primarily attributable to the decrease in allowance for expected credit losses as the Company reversed some allowance for expected credit losses in the second quarter of 2024 due to the collection of some long-aged accounts receivables and the decrease in certain operating expenses as a result of the Company's strict cost control measures.
Loss from operations in the second quarter of 2024 was RMB8.9 million (US$1.2 million), compared to loss from operations of RMB35.7 million in the same period of 2023. Operating margin in the second quarter of 2024 was negative 5.3%, compared to negative 19.8% in the same period of 2023.
Non-GAAP loss from operations in the second quarter of 2024, which excluded share-based compensation, was RMB8.9 million (US$1.2 million), compared to non-GAAP loss from operations of RMB33.8 million in the same period of 2023. Non-GAAP operating margin in the second quarter of 2024, which excluded share-based compensation, was negative 5.3%, compared to negative 18.8% in the same period of 2023.
OTHER INCOME OR LOSS
Other income or loss reflects net interest income, foreign currency exchange gain or loss, income or loss from equity investments, including impairment, fair value changes in investments, net, and others, net. Total net other income in the second quarter of 2024 was RMB4.7 million (US$0.6 million), compared to total net other income of RMB4.4 million in the same period of 2023, which mainly consisted of the following items:
運營費用和運營損失
2024年第二季度的總運營支出從2023年同期的人民幣91.6萬元下降了18.9%,至人民幣7430萬元(合1,020萬美元),這主要是由於公司撤銷了2024年第二季度因收取部分長期應收賬款以及公司嚴格的成本控制措施導致某些運營費用減少而導致的預期信貸損失備抵減少。
2024年第二季度的運營虧損爲人民幣890萬元(合120萬美元),而2023年同期的運營虧損爲人民幣3570萬元。2024年第二季度的營業利潤率爲負5.3%,而2023年同期爲負19.8%。
2024年第二季度的非公認會計准則運營虧損(不包括基於股份的薪酬)爲人民幣890萬元(合120萬美元),而2023年同期的非公認會計准則運營虧損爲人民幣3380萬元。2024年第二季度的非公認會計准則營業利潤率(不包括基於股份的薪酬)爲負5.3%,而2023年同期爲負18.8%。
其他收入或損失
其他收入或虧損反映淨利息收入、外幣匯兌損益、股權投資的收入或虧損,包括減值、投資公允價值變動、淨額和其他淨額。2024年第二季度的其他淨收入總額爲人民幣470萬元(合60萬美元),而2023年同期的其他淨收入總額爲人民幣440萬元,主要包括以下項目:
Net interest income in the second quarter of 2024 was RMB8.8 million (US1.2 million), compared to RMB9.0 million in the same period of 2023.
Foreign currency exchange loss in the second quarter of 2024 was RMB0.7 million (US$0.1 million), compared to a foreign currency exchange loss of RMB7.3 million in the same period of 2023.
Loss from equity method investments,including impairment, was RMB5.7 million (US$0.8 million) in the second quarter of 2024, compared to income from equity method investments, including impairment, of RMB0.2 million in the same period of 2023, which were mainly attributable to the changes in estimated fair value of the underlying investments held by the Company through limited partnerships accounted for under the equity method.
Fair value changes in investments, net in the second quarter of 2024 was a gain of RMB2.4 million (US$0.3 million), compared to a gain of RMB0.1 million in the same period of 2023, which were mainly attributable to the changes in estimated fair value of the underlying investments held by the Company through a private equity fund accounted using NAV as a practical expedient under ASC 820.
Others, net, in the second quarter of 2024 was almost nil, compared to a gain of RMB2.5 million in the same period of 2023. Others, net primarily consists of some non-operating gain or loss.
2024年第二季度的淨利息收入爲人民幣880萬元(合120萬美元),而2023年同期爲900萬元人民幣。
2024年第二季度的外幣匯兌損失爲人民幣70萬元(合10萬美元),而2023年同期的外幣匯兌損失爲人民幣73萬元。
2024年第二季度,包括減值在內的權益法投資虧損爲人民幣570萬元(合80萬美元),而2023年同期權益法投資的收益(包括減值)爲人民幣2萬元,這主要歸因於公司通過有限合夥企業持有的標的投資在權益法下覈算的估計公允價值的變化。
投資的公允價值變動,2024年第二季度的淨收益爲人民幣240萬元(合30萬美元),而2023年同期的收益爲人民幣1.0萬元,這主要歸因於公司通過私募股權基金持有的標的投資的估計公允價值的變化,根據ASC 820將資產淨值作爲實際權宜之計。
2024年第二季度的其他淨收益幾乎爲零,而2023年同期的收益爲250萬元人民幣。其他淨收益主要包括一些非營業收益或虧損。
NET LOSS ATTRIBUTABLE TO PHOENIX NEW MEDIA LIMITED
Net loss attributable to Phoenix New Media Limited in the second quarter of 2024 was RMB5.5 million (US$0.8 million), compared to net loss attributable to Phoenix New Media Limited of RMB31.3 million in the same period of 2023. Net margin in the second quarter of 2024 was negative 3.2%, compared to negative 17.4% in the same period of 2023. Net loss per basic and diluted ordinary share in the second quarter of 2024 was RMB0.01 (US$0.00), compared to net loss per basic and diluted ordinary share of RMB0.05 in the same period of 2023.
Non-GAAP net loss attributable to Phoenix New Media Limited, which excluded share-based compensation, income or loss from equity investments, including impairment, and fair value changes in investments, net, was RMB2.1 million (US$0.3 million) in the second quarter of 2024, compared to non-GAAP net loss attributable to Phoenix New Media Limited of RMB29.7 million in the same period of 2023. Non-GAAP net margin in the second quarter of 2024 was negative 1.3%, compared to negative 16.5% in the same period of 2023. Non-GAAP net loss per basic and diluted ADS in the second quarter of 2024 was RMB0.18 (US$0.02), compared to non-GAAP net loss per basic and diluted ADS of RMB2.44 in the same period of 2023. "ADS(s)" refers to the Company's American Depositary Share(s), each representing 48 Class A ordinary shares of the Company.
In the second quarter of 2024, the Company's weighted average number of ADSs used in the computation of basic and diluted net loss per ADS was 12,010,776. As of June 30, 2024, the Company had a total of 576,517,237 ordinary shares outstanding, or the equivalent of 12,010,776 ADSs.
歸屬於鳳凰新媒體有限公司的淨虧損
2024年第二季度歸屬於鳳凰新媒體有限公司的淨虧損爲人民幣550萬元(80萬美元),而2023年同期歸屬於鳳凰新媒體有限公司的淨虧損爲人民幣3130萬元。2024年第二季度的淨利潤率爲負3.2%,而2023年同期爲負17.4%。2024年第二季度每股基本股和攤薄普通股淨虧損爲人民幣0.01元(0.00美元),而2023年同期每股基本股和攤薄普通股淨虧損爲人民幣0.05元。
歸屬於鳳凰新媒體有限公司的非公認會計准則淨虧損在2024年第二季度爲人民幣210萬元(30萬美元),其中不包括股權投資的基於股份的薪酬、收入或虧損,包括減值和投資公允價值變動,淨虧損爲人民幣210萬元(30萬美元),而2023年同期歸屬於鳳凰新媒體有限公司的非公認會計准則淨虧損爲人民幣2970萬元。2024年第二季度的非公認會計准則淨利潤率爲負1.3%,而2023年同期爲負16.5%。2024年第二季度,每股基本和攤薄後ADS的非公認會計准則淨虧損爲人民幣0.18元(0.02美元),而2023年同期每股基本和攤薄後ADS的非公認會計准則淨虧損爲人民幣2.44元。「ADS(s)」 是指公司的美國存托股份,每股代表公司的48股A類普通股。
在2024年第二季度,該公司在計算每份ADS的基本和攤薄淨虧損時使用的加權平均ADS數量爲12,010,776份。截至2024年6月30日,該公司共有576,517,237股普通股已發行普通股,相當於12,010,776股美國存託憑證。
CERTAIN BALANCE SHEET ITEMS
某些資產負債表項目
As of June 30, 2024, the Company's cash and cash equivalents, term deposits and short term investments and restricted cash were RMB989.1 million (US$136.1 million).
截至2024年6月30日,該公司的現金及現金等價物、定期存款和短期投資以及限制性現金爲人民幣98.910萬元(1.361億美元)。
Business Outlook
For the third quarter of 2024, the Company expects its total revenues to be between RMB151.6 million and RMB166.6 million; net advertising revenues are expected to be between RMB142.3 million and RMB152.3 million; and paid services revenues are expected to be between RMB9.3 million and RMB14.3 million.
All of the above forecasts reflect the current and preliminary view of the Company's management, which are subject to changes and substantial uncertainty, particularly in view of the uncertainty of macroeconomic environment.
Conference Call Information
The Company will hold a conference call at 9:30 p.m. U.S. Eastern Time on August 13, 2024 (August 14, 2024 at 9:30 a.m. Beijing/Hong Kong time) to discuss its second quarter 2024 unaudited financial results and operating performance.
To participate in the call, please register in advance of the conference by clicking here. Upon registering, each participant will receive the participant dial-in numbers and a unique access PIN, which will be used to join the conference call. Please dial in 10 minutes before the call is scheduled to begin.
A live and archived webcast of the conference call will also be available at the Company's investor relations website at
商業展望
該公司預計,2024年第三季度的總收入將在人民幣15160萬元至人民幣16660萬元之間;淨廣告收入預計將在人民幣14230萬元至15230萬元人民幣之間;付費服務收入預計將在人民幣930萬元至1430萬元人民幣之間。
上述所有預測都反映了公司管理層當前和初步的觀點,這些觀點可能會發生變化和很大的不確定性,特別是考慮到宏觀經濟環境的不確定性。
電話會議信息
公司將在美國東部時間2024年8月13日晚上 9:30(北京/香港時間2024年8月14日上午9點30分)舉行電話會議,討論其2024年第二季度未經審計的財務業績和經營業績。
要參加電話會議,請點擊此處在會議之前註冊。註冊後,每位參與者將收到參與者的撥入號碼和唯一的訪問密碼,該密碼將用於加入電話會議。請在預定通話開始前 10 分鐘撥號。
電話會議的網絡直播和存檔網絡直播也將在公司的投資者關係網站上公佈
Use of Non-GAAP Financial Measures
To supplement the consolidated financial statements presented in accordance with the United States Generally Accepted Accounting Principles ("GAAP"), Phoenix New Media Limited uses non-GAAP gross profit, non-GAAP gross margin, non-GAAP income or loss from operations, non-GAAP operating margin, non-GAAP net income or loss attributable to Phoenix New Media Limited, non-GAAP net margin and non-GAAP net income or loss per basic and diluted ADS, each of which is a non-GAAP financial measure. Non-GAAP gross profit is gross profit excluding share-based compensation. Non-GAAP gross margin is non-GAAP gross profit divided by total revenues. Non-GAAP income or loss from operations is income or loss from operations excluding share-based compensation. Non-GAAP operating margin is non-GAAP income or loss from operations divided by total revenues. Non-GAAP net income or loss attributable to Phoenix New Media Limited is net income or loss attributable to Phoenix New Media Limited excluding share-based compensation, income or loss from equity investments, including impairment and fair value changes in investments, net. Non-GAAP net margin is non-GAAP net income or loss attributable to Phoenix New Media Limited divided by total revenues. Non-GAAP net income or loss per basic and diluted ADS is non-GAAP net income or loss attributable to Phoenix New Media Limited divided by weighted average number of basic and diluted ADSs. The Company believes that separate analysis and exclusion of the aforementioned non-GAAP to GAAP reconciling items add clarity to the constituent parts of its performance. The Company reviews these non-GAAP financial measures together with the related GAAP financial measures to obtain a better understanding of its operating performance. It uses these non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that using these non-GAAP financial measures to evaluate its business allows both management and investors to assess the Company's performance against its competitors and ultimately monitor its capacity to generate returns for investors. The Company also believes that these non-GAAP financial measures are useful supplemental information for investors and analysts to assess its operating performance without the effect of items like share-based compensation, income or loss from equity investments, including impairment, and fair value changes in investments, net, which have been and will continue to be significant recurring items. However, the use of these non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using these non-GAAP financial measures is that they do not include all items that impact the Company's gross profit, income or loss from operations and net income or loss attributable to Phoenix New Media Limited for the period. In addition, because these non-GAAP financial measures are not calculated in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. In light of the foregoing limitations, you should not consider these non-GAAP financial measures in isolation from, or as an alternative to, the financial measures prepared in accordance with GAAP.
使用非公認會計准則財務指標
爲了補充根據美國公認會計原則(「GAAP」)列報的合併財務報表,菲尼克斯新媒體有限公司使用非公認會計准則毛利、非公認會計准則毛利率、非公認會計准則運營收入或虧損、非公認會計准則營業利潤率、歸屬於菲尼克斯新媒體有限公司的非公認會計准則淨收益或虧損、非公認會計准則淨利潤率以及每份基本和攤薄後的ADS的非公認會計准則淨收益或虧損,均爲非公認會計准則財務指標。非公認會計准則毛利是毛利,不包括基於股份的薪酬。非公認會計准則毛利率是非公認會計准則毛利除以總收入。非公認會計准則運營收入或虧損是指不包括股份薪酬在內的運營收入或虧損。非公認會計准則營業利潤率是非公認會計准則的運營收入或虧損除以總收入。歸屬於鳳凰新媒體有限公司的非公認會計准則淨收益或虧損是歸屬於鳳凰新媒體有限公司的淨收益或虧損,不包括基於股份的薪酬、股權投資的收益或虧損,包括投資的減值和公允價值變動。非公認會計准則淨利潤率是歸屬於菲尼克斯新媒體有限公司的非公認會計准則淨收益或虧損除以總收入。每股基本廣告和攤薄後ADS的非公認會計准則淨收益或虧損是歸屬於菲尼克斯新媒體有限公司的非公認會計准則淨收益或虧損除以基本和攤薄後的ADS的加權平均數。該公司認爲,將上述非公認會計准則與公認會計准則的對賬項目進行單獨分析和排除,可以明確其業績的組成部分。公司審查這些非公認會計准則財務指標以及相關的GAAP財務指標,以更好地了解其經營業績。它使用這些非公認會計准則財務指標來規劃、預測和衡量預測結果。該公司認爲,使用這些非公認會計准則財務指標來評估其業務,可以讓管理層和投資者評估公司相對於競爭對手的表現,並最終監控其爲投資者創造回報的能力。該公司還認爲,這些非公認會計准則財務指標是有用的補充信息,可供投資者和分析師評估其經營業績,而不會受到股票薪酬、包括減值在內的股權投資收益或虧損(包括減值)和投資公允價值變動等項目的影響,這些項目一直是並將繼續是重要的經常性項目。但是,使用這些非公認會計准則財務指標作爲分析工具存在重大侷限性。使用這些非公認會計准則財務指標的侷限性之一是,它們不包括所有影響公司在此期間的毛利、運營收入或虧損以及歸屬於菲尼克斯新媒體有限公司的淨收益或虧損的項目。此外,由於並非所有公司都以相同的方式計算這些非公認會計准則財務指標,因此它們可能無法與其他公司使用的其他類似標題的指標進行比較。鑑於上述限制,您不應將這些非公認會計准則財務指標與根據公認會計原則編制的財務指標分開考慮,或將其作爲其替代方案。
Exchange Rate
This announcement contains translations of certain RMB amounts into U.S. dollars ("USD") at specified rates solely for the convenience of the readers. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB7.2672 to US$1.00, the noon buying rate in effect on June 28, 2024 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. For analytical presentations, all percentages are calculated using the numbers presented in the financial information contained in this earnings release.
About Phoenix New Media Limited
Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated Internet platform, including PC and mobile, in China. Having originated from a leading global Chinese language TV network based in Hong Kong, Phoenix TV, the Company enables consumers to access professional news and other quality information and share user-generated content on the Internet through their PCs and mobile devices. Phoenix New Media's platform includes its PC channel, consisting of ifeng.com website, which comprises interest-based verticals and interactive services; its mobile channel, consisting of mobile news applications, mobile video application, digital reading applications and mobile Internet website; and its operations with the telecom operators that provides mobile value-added services.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Phoenix New Media's strategic and operational plans, contain forward-looking statements. Phoenix New Media may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Phoenix New Media's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition and results of operations; the expected growth of online and mobile advertising, online video and mobile paid services markets in China; the Company's reliance on online and mobile advertising for a majority of its total revenues; the Company's expectations regarding demand for and market acceptance of its services; the Company's expectations regarding maintaining and strengthening its relationships with advertisers, partners and customers; the Company's investment plans and strategies; fluctuations in the Company's quarterly operating results; the Company's plans to enhance its user experience, infrastructure and services offerings; competition in its industry in China; and relevant government policies and regulations relating to the Company. Further information regarding these and other risks is included in the Company's filings with the SEC, including its registration statement on Form F-1, as amended, and its annual reports on Form 20-F. All information provided in this press release and in the attachments is as of the date of this press release, and Phoenix New Media does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries please contact:
Phoenix New Media Limited
Muzi Guo
Email: investorrelations@ifeng.com
匯率
本公告僅爲方便讀者而將某些人民幣金額按指定匯率折算成美元(「美元」)。除非另有說明,否則從人民幣兌美元的所有匯率均按人民幣7.2672元兌1美元的匯率進行,這是聯儲局委員會發布的H.10統計數據中2024年6月28日生效的午盤買入匯率。本公司未就所提及的人民幣或美元金額可視情況以任何特定匯率或根本兌換成美元或人民幣作出任何陳述。對於分析報告,所有百分比均使用本業績中包含的財務信息中提供的數字計算。
關於鳳凰新媒體有限公司
菲尼克斯新媒體有限公司(紐約證券交易所代碼:FENG)是一家領先的新媒體公司,在包括個人電腦和移動設備在內的綜合互聯網平台上提供優質內容。該公司起源於總部位於香港的全球領先中文電視網絡鳳凰衛視,使消費者能夠通過個人電腦和移動設備在互聯網上獲得專業新聞和其他質量信息,並共享用戶生成的內容。菲尼克斯新媒體的平台包括其PC頻道,包括ifeng.com網站,其中包括基於興趣的垂直行業和互動服務;其移動頻道,包括移動新聞應用程序、移動視頻應用程序、數字閱讀應用程序和移動互聯網網站;以及與提供移動增值服務的電信運營商的業務。
安全港聲明
本公告包含前瞻性陳述。這些聲明是根據1995年《美國私人證券訴訟改革法》的 「安全港」 條款作出的。這些前瞻性陳述可以通過 「將」、「期望」、「預期」、「未來」、「打算」、「計劃」、「相信」、「估計」 等術語和類似陳述來識別。除其他外,本公告中的業務展望和管理層的報價以及菲尼克斯新媒體的戰略和運營計劃都包含前瞻性陳述。Phoenix New Media還可能在其向美國證券交易委員會(「SEC」)提交的20-F和6-k表格的定期報告、向股東提交的年度報告、新聞稿和其他書面材料以及其高管、董事或員工向第三方所做的口頭陳述中作出書面或口頭前瞻性陳述。非歷史事實的陳述,包括有關菲尼克斯新媒體信念和期望的陳述,均爲前瞻性陳述。前瞻性陳述涉及固有的風險和不確定性。許多因素可能導致實際業績與任何前瞻性陳述中包含的業績存在重大差異,包括但不限於以下因素:公司的目標和戰略;公司未來的業務發展、財務狀況和經營業績;中國在線和移動廣告、在線視頻和移動付費服務市場的預期增長;公司對在線和移動廣告的大部分總收入的依賴;公司對需求和市場接受度的預期的其服務;公司對維持和加強與廣告商、合作伙伴和客戶關係的期望;公司的投資計劃和戰略;公司季度經營業績的波動;公司改善用戶體驗、基礎設施和服務產品的計劃;中國行業的競爭;以及與公司相關的政府政策法規。有關這些風險和其他風險的更多信息包含在公司向美國證券交易委員會提交的文件中,包括經修訂的F-1表格註冊聲明以及20-F表格的年度報告。本新聞稿和附件中提供的所有信息均截至本新聞稿發佈之日,除非適用法律要求,否則菲尼克斯新媒體不承擔任何更新任何前瞻性陳述的義務。
投資者和媒體垂詢,請聯繫:
菲尼克斯新媒體有限公司
郭木子
電子郵件:investorrelations@ifeng.com
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