Making Profitability Is Top Priority: China's Netflix

The transcript covers various business topics, including net profit achievements, market growth strategies, and pricing tactics. It discusses the impact of the Shanghai lockdown on advertising and the economic outlook. Regulatory changes and their transitional challenges are addressed, along with rumors of investments by Alibaba and Tencent. Concerns about potential delisting due to US-China auditing disputes are explored, and the company's efforts to mitigate risks are highlighted. Finally, the transcript provides an economic perspective from IG, emphasizing its low-spending online entertainment business model.

What is the company's current stance on market growth as a strategic priority?

• It should be the top priority.

• It is no longer a strategic priority.

• It should be completely ignored.

• It should be moderately prioritized.

How did the Shanghai lockdown affect the brand advertisement industry?

• It caused a positive impact.

• It led to a significant negative impact.

• It resulted in a slight increase in activity.

• It had no impact.

What is the company's expectation for the third and fourth quarters?

• Continued decline.

• Stagnation.

• Gradual recovery and growth.

• Immediate growth.

What was the company's response to rumors about investments from Alibaba and Tencent?

• They expressed interest in the investments.

• They denied having any conversations.

• They confirmed the rumors.

• They were undecided about the rumors.

What steps is the company taking in response to the delisting threat?

• Working on technical issues for a Hong Kong listing.

• Filing a lawsuit against the SEC.

• Planning to delist voluntarily.

• Ignoring the threat.