Document:

EX-10.47

 Exhibit 10.47 

Power of Attorney 
 I, GONG Yu (

), a citizen of the People’s Republic of China, with ID Card No. ***, hold 50% shares in iQIYI Pictures (Beijing) Co., Ltd. (the “Company”) at present. Subject to the laws and regulations of PRC, I
hereby irrevocably authorize Beijing iQIYI New Media Science and Technology Co., Ltd. (the “WFOE”) to exercise the following rights regarding the above aforementioned shares during the term of this Power of Attorney: 

The WFOE or any person(s) designated by the WFOE (the “Agent(s)”) are exclusively authorized to exercise on behalf of me and in its own name
the rights including but not limited to the follows: 
  

	(1)	Proposing to convene a shareholders’ meeting according to the articles of association of the Company, and attend the meeting and execute relevant resolutions of the meeting; 

 

	(2)	Exercising at the shareholders’ meetings of the Company all the shareholder rights I have under the law and the articles of association of the Company, including but not limited to voting rights, nomination rights
and appointment rights; 

  

	(3)	Submitting to relevant government supervisory authorities any documents the Company’s shareholders are required to submit; 

  

	(4)	Exercising the right to dividend, the right to sell, transfer, pledge or dispose of the shares in the Company I hold in whole or in part, or the right to distribution of the residual assets after liquidation of the
Company under the law and the articles of association of the Company; 

  

	(5)	When the Company is liquidated or dissolved, forming the liquidation group and exercising the group’s powers during the liquidation according to the law, including but not limited to management of the
Company’s assets; and 

  

	(6)	Other rights enjoyed by me as a shareholder of the Company. 

 Without restricting the authorization herein, the
Agent(s) has the right to, within the scope of my authorization and on my behalf, execute and perform the Share Transfer Contract contemplated in the Exclusive Share Purchase Agreement to which I am a party, and execute and perform on time the Share
Pledge Agreement and the Exclusive Share Purchase Agreement and the supplemental agreements thereto to which I am a party. 
 During the term of this Power
of Attorney and subject to the laws of PRC, I undertake that, as soon as possible and within three (3) days after receiving any dividend, bonus or asset distributed by the Company, I will deliver such dividend, bonus or asset free of charge to
the WFOE or its designated third party. 

 During the period I am the Company’s shareholder, regardless of any change of the percentage of the shares
in the Company I hold, this Power of Attorney shall be irrevocable and continuously effective since the date of execution; when and only when the WFOE sends a written notice to me requesting replacement of the Agent(s), I shall immediately appoint
another person(s) designated by the WFOE to exercise the entrusted rights under this Power of Attorney, and the new authorization and entrustment once made shall immediately replace the original; except for this, I will not revoke the entrustment
and authorization made to the Agent(s). During the term of this Power of Attorney, I hereby waive all the rights entrusted to the Agent(s) through this Power of Attorney, and will no longer exercise such rights by myself. When I become a person with
no or limited capacity for civil conduct owing to death or illness, my successor, guardian or administrator may not succeed or manage the rights I have as a shareholder of the Company until he/she/it undertake to continue to comply with this Power
of Attorney. 
 I will acknowledge and assume the corresponding liabilities from any legal consequence arising out of the exercise of the entrusted rights
above by the Agent(s). I hereby confirm that, under any circumstance, the Agent(s) shall not be required to assume any liability or make any economic compensation regarding the exercise of the entrusted rights above. I agree to indemnify the WFOE
for all the losses it suffers or may suffer because of the designation of the Agent(s) to exercise the entrusted rights and hold the WFOE harmless, including but not limited to any loss arising out of any litigation, recovery, arbitration or claim
of damages brought by any third party against the WFOE, or any administrative investigation or penalty. 
 I will provide sufficient assistance for the
Agent(s) to exercise the entrusted rights above, and cause the Company to provide sufficient assistance, including prompt execution of the resolutions of shareholders’ meetings made by the Agent(s) or any other relevant legal documents and
granting the Agent(s) the access to various relevant information about the Company’s operation, business, clients, finance and employees, etc. and enabling the Agent(s) to consult the Company’s relevant documents, when necessary (for
example, to meet the requirements by governmental authorities for review and approval, registration and filing). 
 In the event that the grant or exercise
of the entrusted rights above become impossible for any reason (except for my breach of the provisions of this Power of Attorney) at any time during the term of this Power of Attorney, all the parties shall immediately seek for the alternative
solution closest to the unrealizable provision, and when necessary, execute supplemental agreements and amend or adjust the provisions of this Power of Attorney, to ensure the continuance of realization of the purpose of this Power of Attorney. 

This Power of Attorney becomes effective upon execution. Upon execution, this Power of Attorney shall replace any undertaking, memorandum of understanding,
agreement or any other document (if applicable) previously made regarding the subject matter of this Power of Attorney, and shall remain effective during the term of the Agreement on Exclusive Management Consulting and Business Cooperation entered
into by the WFOE, the Company, me and other relevant party. 

  
 2 

 GONG Yu (

) 
  

			
	 Signature:
	 	/s/ GONG Yu
	 Date:
	 	August 30, 2017

  
 3EX-10.48

 Exhibit 10.48 

Spousal Consent Letter 

I, MOU Yihong (

) (ID Card No.:***), spouse of GONG Yu (

) (ID Card No.:***), hereby issue this consent letter unconditionally and irrevocably with respect to the shares held by GONG Yu in iQIYI Pictures (Beijing) Co., Ltd. (the “Pictures Company”)as follows:

 I understand that: 
  

	(1)	All the shares held by GONG Yu in the Pictures Company shall be disposed of according to the Exclusive Share Purchase Agreement entered into by and between GONG Yu and Beijing iQIYI New Media Science and Technology Co.,
Ltd. (“WFOE”) on August 30, 2017, and the shares are under control by WFOE and/or its subsidiaries through a series of agreements; 

  

	(2)	GONG Yu and WFOE executed the Loan Agreement on August 30, 2017, the entire loan WFOE provides to GONG Yu pursuant to the Loan Agreement will be used by GONG Yu to pay for the amount of contribution;

  

	(3)	All the shares GONG Yu holds in the Pictures Company will be disposed of pursuant to the Share Pledge Agreement executed by GONG Yu, WFOE and the Pictures Company on August 30, 2017; 

 

	(4)	All the shares GONG Yu holds in the Pictures Company will be disposed of pursuant to the Exclusive Management Consulting and Business Cooperation Agreement executed by GONG Yu, WFOE and the Pictures Company on
August 30, 2017; 

  

	(5)	All the shares GONG Yu holds in the Pictures Company will be disposed of pursuant to the Power of Attorney issued by GONG Yu to WFOE on August 30, 2017. 

I confirm that I know and agree with GONG Yu’s execution of the abovementioned Exclusive Share Purchase Agreement, Loan Agreement, Share
Pledge Agreement, Exclusive Management Consulting and Business Cooperation Agreement, and Power of Attorney (collectively referred to as “Transaction Documents” hereinafter), and his disposal of the relevant shares in the Pictures
Company pursuant to the provisions of the Transaction Documents. I will not, at any time, take conduct any act to interfere with the disposal of the abovementioned shares or claim any right or interest over them, including but not limited to
claiming that the abovementioned shares in the Pictures Company belong to the matrimonial community property jointly owned by me and GONG Yu. I further confirm that, my separate authorization and consent are not needed for GONG Yu’s performance
of the abovementioned Transaction Documents and further amendment or termination of any of the Transaction Documents. 
 I undertake to
execute all the necessary documents, and conduct all the necessary acts, to ensure the proper performance of the Transaction Documents (as amended from time to time). 

 I hereby further acknowledge, confirm and unconditionally and irrevocably agree that, if the
marital relation between GONG Yu and me is dissolved, then (1) to the extent permitted by applicable laws, the shares GONG Yu holds in the Pictures Company is personal property of exclusive nature and such property shall not be determined as
the matrimonial community property and shall not be divided; (2) in the event that the first provision of this paragraph contravenes applicable laws and I acquire any of the abovementioned shares (“Spousal Interests”) in the
form of matrimonial community property or other matrimonial property rights, GONG Yu shall be entitled to purchase from me the shares in whole or in part (“Special Option”). A written notice shall be delivered to me when exercising
the Special Option (“Exercise Notice”). The Exercise Notice shall state the fair value of the Spousal Interests to be purchased. If I object the fair value of the Spousal Interests stated in the Exercise Notice, I shall inform GONG
Yu in writing on the same date I receive the Exercise Notice. In the case I send a written notice, the fair value of such Spousal Interests shall be determined by a qualified appraiser jointly selected by GONG Yu and me. In the event that GONG Yu
and I fail to reach an agreement on selection of the appraiser within ten (10) days after the execution date of the Exercise Notice, the two parties shall each select a qualified appraiser and the two appraisers shall a qualified third-party
appraiser to determine the final fair value. The costs of the appraisers shall be borne by me. The closing shall occur on the tenth (10th) day after the appraisal completes. 

I agree and undertake that, in the event I acquire any share in the Pictures Company for whatever reason (including reasons such as that GONG
Yu does not exercise the Special Option), I shall be subject to the restrictions by the Transaction Documents (as amended from time to time) and shall comply with the obligations of a shareholder of the Pictures Company under the Transaction
Documents (as amended from time to time). For this purpose, once WFOE requests, I will execute a series of documents of which the formats and contents are fundamentally the same as the Transaction Documents (as amended from time to time). 

I further agree and undertake that, I will not in any circumstance conduct any act, bring any claim or initiate any litigation for any purpose
in conflict with the arrangements above, whether directly or indirectly, and whether actively or passively. 
 This Spousal Consent Letter
is governed by and interpreted according to the laws of PRC, and the principles in conflicts of laws shall not be considered. I hereby agree to keep confidential the existence and content of this Spousal Content Letter. I acknowledge that I have
been advised to engage an independent consultant for preparation of this Spousal Consent Letter and have expressly rejected that advice. 
  

			
	Signature:	 	/s/ MOU Yihong
	
	August 30th, 2017

  
 2

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