Company: FENG
Filing Date: 2025-04-18
Form Type: 20-F
Source: 0000950170-25-055759
Chunk: 134

Company: Phoenix New Media Ltd
Filing Date: 2025-04-18
Form: 20-F
Item: Item 7
Chunk 134
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5, China Mobile held 19.7% of the outstanding shares of Phoenix TV.

We obtained revenues for our paid services through China Mobile of RMB23.3 million, RMB17.9 million and RMB10.1 million (US$1.4 million) in 2022, 2023 and 2024, respectively. We earned revenues from China Mobile for advertising services of RMB3.2 million, RMB4.9 million and RMB4.3 million (US$0.6 million) in 2022, 2023 and 2024, respectively. We incurred revenue sharing and bandwidth costs in connection with MVAS provided through China Mobile’s platforms of RMB5.0 million, RMB3.3 million and RMB1.9 million (US$0.3 million) in 2022, 2023 and 2024, respectively.

As of December 31, 2022, 2023 and 2024, we had amounts due from China Mobile with the amounts of RMB5.6 million, RMB3.8 million and RMB2.1 million (US$0.5 million), respectively, and we did not have any accounts due to China Mobile as of the same dates.

Other Transactions with Certain Directors and Affiliates

See “ Item 6. Directors, Senior Management and Employees - B. Compensation of Directors, Supervisors and Executive Directors.”

Share Incentive Plans

See “ Item 6. Directors, Senior Management and Employees - B. Compensation of Directors, Supervisors and Executive Directors - Share Incentive Plans.”

C.

Interests of Experts and Counsel

Not applicable.

ITEM 8. FINANC IAL INFORMATION

A. Consolidated Statements and Other Financial Information

Please refer to Item 18 for a list of our annual consolidated financial statements filed as part of this annual report on Form 20-F.

Legal Proceedings

See “ Item 4. Information on the Company - B. Business Overview - Legal and Administrative Proceedings.”