1. Baidu filed its annual report on Form 20-F for 2024 with the SEC. 2. Shareholders can request a hard copy of the audited financial statements. 3. A Hong Kong Annual Report was also published today per HKEx regulations. 4. Baidu continues to emphasize its leadership in AI and internet services. 5. The reports are crucial for transparency and may influence investor confidence.
The filing of annual reports typically builds investor confidence and may lead to positive stock performance, as seen historically when companies reassure stakeholders through transparent reporting.
The reports hold significant importance as they represent Baidu's financial health, influencing current and potential investor decisions.
The immediate publication of financial reports can influence short-term trading volumes and investor sentiments, as seen in previous quarterly earnings releases where stock prices rallied post-announcement.
/PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong internet foundation, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on March 28, 2025 (the "Form 20-F"). The Form 20-F can be accessed on the Company's investor relations website at http://ir.baidu.com.
The Company will provide a hard copy of the Form 20-F containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to IR Department, Baidu, Inc., Baidu Campus, No. 10, Shangdi 10th Street, Haidian District, Beijing 100085, People's Republic of China.
The Company also published an annual report for the year ended December 31, 2024 (the "Hong Kong Annual Report") today pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEx"). The Hong Kong Annual Report contains substantially the same information as set forth in the Form 20-F and can be accessed on the Company's investor relations website at http://ir.baidu.com as well as the HKEx's website at http://www.hkexnews.hk.
Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with a strong internet foundation, trading on NASDAQ under "BIDU" and HKEX under "9888". One Baidu ADS represents eight Class A ordinary shares.
SOURCE Baidu, Inc.