Baidu also announced the resignation of Chief Operating Officer Dr.
"Haoyu and Zhan have proven track records in driving our business success
and I am excited to see them make further contributions in their expanded
"We thank Peng for his contributions to the company over the last two years and wish him all the best in his future endeavors," Mr. Li added.
Baidu, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, are currently trading on the NASDAQ Global Select Market under the symbol "BIDU."
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identified by terminology such as "will," "expects," "anticipates," "future,"
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other things, quotations from management in this announcement contain
forward-looking statements. Forward-looking statements involve inherent risks
and uncertainties that could cause actual results to differ materially from
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cause actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the following: our
growth strategies; our future business development, including development of
new products and services; our ability to attract and retain users and
customers; competition in the Chinese and Japanese language Internet search
markets; competition for online marketing customers; changes in our revenues
and certain cost or expense items as a percentage of our revenues; the outcome
of ongoing, or any future, litigation or arbitration, including those relating
to intellectual property rights; the expected growth of the Chinese language
Internet search market and the number of Internet and broadband users in
For investor inquiries please contact: In China: Mr. Victor Tseng Baidu, Inc. Tel: +86-10-5992-7244 Email: email@example.com Ms. Cynthia He Brunswick Group LLC Tel: +86-10-6566-9504 Email: firstname.lastname@example.org In the U.S.: Ms. Kate Tellier Brunswick Group LLC Tel: +1-212-333-3810 Email: email@example.com
SOURCE Baidu, Inc.