JOINT FILING AGREEMENT

EXHIBIT 99.1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including all amendments thereto) with respect to the Class A Ordinary Shares of iQIYI, Inc., and that this Joint Filing Agreement may be included as an exhibit to such joint filings. This Joint Filing Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

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Signature Page

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement.

Dated: January 9, 2023

	XXXXX IV-1 (Cayman) Limited
	By:	/s/ Xxxxxx Xxx
	Name:	PAGAC4 Secretaries Limited, represented by Xxxxxx Xxx
	Title:	Director

	XXXXX IV-2 (Cayman) Limited
	By:	/s/ Xxxxxx Xxx
	Name:	PAGAC4 Secretaries Limited, represented by Xxxxxx Xxx
	Title:	Director

	PAG Asia IV LP
	By:	/s/ Xxx Xxxxxx Xxxxx
	Name:	Xxx Xxxxxx Xxxxx
	Title:	Director of PAG Asia Capital XX XX Limited, acting as general partner of PAG Asia IV LP

	PAG Asia Capital XX XX Limited
	By:	/s/ Xxx Xxxxxx Xxxxx
	Name:	Xxx Xxxxxx Xxxxx
	Title:	Director

	PAG CAPITAL LIMITED
	By:	/s/ Xxx Xxxxxx Xxxxx
	Name:	Pacific Alliance Group Limited, represented by Xxx Xxxxxx Xxxxx
	Title:	Director

	PACIFIC ALLIANCE GROUP LIMITED
	By:	/s/ Xxx Xxxxxx Xxxxx
	Name:	Xxx Xxxxxx Xxxxx
	Title:	Director

	PAG
	By:	/s/ Xxxxx Xxx Xxxxx
	Name:	Xxxxx Xxx Xxxxx
	Title:	Director