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Baidu, Inc. – ‘20-F’ for 12/31/23 – ‘EX-15.2’

On:  Friday, 3/15/24, at 6:09am ET   ·   For:  12/31/23   ·   Accession #:  1193125-24-68527   ·   File #:  0-51469

Previous ‘20-F’:  ‘20-F’ on 3/22/23 for 12/31/22   ·   Latest ‘20-F’:  This Filing   ·   36 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/15/24  Baidu, Inc.                       20-F       12/31/23  159:24M                                    Donnelley … Solutions/FA

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   5.88M 
                Non-Canadian Issuer                                              
 2: EX-4.110    Instrument Defining the Rights of Security Holders  HTML     97K 
 3: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     42K 
 6: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     42K 
 7: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     42K 
11: EX-97       Clawback Policy re: Recovery of Erroneously         HTML     60K 
                Awarded Compensation                                             
 4: EX-12.1     Statement re: the Computation of Ratios             HTML     45K 
 5: EX-12.2     Statement re: the Computation of Ratios             HTML     45K 
 8: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     43K 
 9: EX-15.2     Letter re: Unaudited Interim Financial Info         HTML     43K 
10: EX-15.3     Letter re: Unaudited Interim Financial Info         HTML     42K 
17: R1          Cover Page                                          HTML    127K 
18: R2          Consolidated Balance Sheets                         HTML    236K 
19: R3          Consolidated Balance Sheets (Parenthetical)         HTML     80K 
20: R4          Consolidated Statements Of Comprehensive Income     HTML    180K 
21: R5          Consolidated Statements Of Comprehensive Income     HTML     44K 
                (Parenthetical)                                                  
22: R6          Consolidated Statements of Cash Flows               HTML    231K 
23: R7          Consolidated Statements Of Shareholders' Equity     HTML    160K 
24: R8          Organization and Basis of Presentation              HTML    143K 
25: R9          Summary of Significant Accounting Policies          HTML    175K 
26: R10         Business Combinations                               HTML     49K 
27: R11         Investments                                         HTML    173K 
28: R12         Long-Term Time Deposits and Held-to-Maturity        HTML     68K 
                Investments                                                      
29: R13         Licensed Copyrights, Net                            HTML    111K 
30: R14         Produced Content, Net                               HTML     74K 
31: R15         Accounts Receivable                                 HTML     64K 
32: R16         Other Assets                                        HTML     70K 
33: R17         Fixed Assets                                        HTML     62K 
34: R18         Goodwill and Intangible Assets                      HTML    103K 
35: R19         Accounts Payable and Accrued Liabilities            HTML     65K 
36: R20         Loans Payable                                       HTML     51K 
37: R21         Notes Payable                                       HTML     86K 
38: R22         Convertible Senior Notes                            HTML     95K 
39: R23         Leases                                              HTML     64K 
40: R24         Income Taxes                                        HTML    129K 
41: R25         Employee Defined Contribution Plan                  HTML     49K 
42: R26         Commitments and Contingencies                       HTML     72K 
43: R27         Redeemable Noncontrolling Interests                 HTML     64K 
44: R28         Shareholders' Equity                                HTML    139K 
45: R29         Earnings Per Share                                  HTML    146K 
46: R30         Share-Based Awards Plan                             HTML    138K 
47: R31         Related Party Transactions                          HTML    106K 
48: R32         Segment Reporting                                   HTML    246K 
49: R33         Fair Value Measurements                             HTML    226K 
50: R34         Significant Accounting Policies (Policies)          HTML    254K 
51: R35         Organization and Basis of Presentation (Tables)     HTML    100K 
52: R36         Summary of Significant Accounting Policies          HTML     53K 
                (Tables)                                                         
53: R37         Investments (Tables)                                HTML    175K 
54: R38         Long-Term Time Deposits and Held-to-Maturity        HTML     67K 
                Investments (Tables)                                             
55: R39         Licensed Copyrights, Net (Tables)                   HTML    111K 
56: R40         Produced Content, Net (Tables)                      HTML     72K 
57: R41         Accounts Receivable (Tables)                        HTML     65K 
58: R42         Other Assets (Tables)                               HTML     69K 
59: R43         Fixed Assets (Tables)                               HTML     60K 
60: R44         Goodwill and Intangible Assets (Tables)             HTML    108K 
61: R45         Accounts Payable and Accrued Liabilities (Tables)   HTML     65K 
62: R46         Notes Payable (Tables)                              HTML     87K 
63: R47         Convertible Senior Notes (Tables)                   HTML     65K 
64: R48         Leases (Tables)                                     HTML     64K 
65: R49         Income Taxes (Tables)                               HTML    126K 
66: R50         Commitments and Contingencies (Tables)              HTML     63K 
67: R51         Redeemable Noncontrolling Interests (Tables)        HTML     61K 
68: R52         Shareholders' Equity (Tables)                       HTML    127K 
69: R53         Earnings Per Share (Tables)                         HTML    146K 
70: R54         Share-Based Awards Plan (Tables)                    HTML    130K 
71: R55         Related Party Transactions (Tables)                 HTML    101K 
72: R56         Segment Reporting (Tables)                          HTML    244K 
73: R57         Fair Value Measurements (Tables)                    HTML    221K 
74: R58         Organization and Basis of Presentation -            HTML     82K 
                Additional Information (Detail)                                  
75: R59         Financial Statement Balances and Amounts of VIEs    HTML    176K 
                and Subsidiaries Included in Consolidating                       
                Financial Statements After Elimination of                        
                Intercompany Balances and Transactions Among VIEs                
                and Subsidiaries within Group (Detail)                           
76: R60         Summary of Significant Accounting Policies -        HTML    171K 
                Additional Information (Detail)                                  
77: R61         Estimated Useful Lives of Fixed Assets (Detail)     HTML     63K 
78: R62         Weighted Average Useful Lives from Date of          HTML     55K 
                Purchase of Intangible Assets (Detail)                           
79: R63         Business Combinations - Additional Information      HTML     75K 
                (Detail)                                                         
80: R64         Investments - Short-term Investments - Additional   HTML     67K 
                information (Detail)                                             
81: R65         Investment - Schedule of Short-term Investments at  HTML     65K 
                Amortized Cost and Fair Value (Detail)                           
82: R66         Investments - Long-term Investments - Additional    HTML    123K 
                information (Detail)                                             
83: R67         Investments - Summary of Breakdown of Long-term     HTML     90K 
                Investments (Detail)                                             
84: R68         Schedule of Unrealized and Realized Gains and       HTML     63K 
                Losses of Equity Securities Without Readily                      
                Determinable Fair Values (Detail)                                
85: R69         Schedule of Unrealized and Realized Gains and       HTML     45K 
                Losses of Equity Securities Without Readily                      
                Determinable Fair Values (Parenthetical) (Detail)                
86: R70         Summarized Financial Information (Detail)           HTML    113K 
87: R71         Investment - Schedule of Investments Accounted for  HTML     85K 
                at Fair Value (Detail)                                           
88: R72         Summary of Estimated Fair Value of                  HTML     51K 
                Available-For-Sale Debt Investments (Detail)                     
89: R73         Long-Term Time Deposits and Held-to-Maturity        HTML     67K 
                Investments - Additional Information (Detail)                    
90: R74         Long-Term Time Deposits and Held-to-Maturity        HTML     60K 
                Investments - Summary of Classification of Long                  
                Term Time Deposits and Held-to-Maturity                          
                Investments (Detail)                                             
91: R75         Long-Term Time Deposits and Held-to-Maturity        HTML     52K 
                Investments - Summary of Estimated Amortized Cost                
                of Long Term Time Deposits and Held-to-Maturity                  
                Investments (Detail)                                             
92: R76         Licensed Copyrights, Net - Disclosure of Licensed   HTML     78K 
                Copyrights (Detail)                                              
93: R77         Licensed Copyrights, Net - Schedule of Estimated    HTML     48K 
                Future Amortisation Expenses For Licensed                        
                Copyrights (Detail)                                              
94: R78         Licensed Copyrights, Net - Additional information   HTML     47K 
                (Detail)                                                         
95: R79         Produced Content, Net - Additional Information      HTML     56K 
                (Detail)                                                         
96: R80         Produced Content, Net - Summary of Released, Less   HTML     70K 
                Amortization And Impairment (Detail)                             
97: R81         Produced Content, Net - Summary of Estimated        HTML     48K 
                Future Amortization Expenses For Product Content                 
                (Detail)                                                         
98: R82         Accounts Receivable (Detail)                        HTML     50K 
99: R83         Movement in Allowance for credit losses (Detail)    HTML     50K 
100: R84         Other Assets (Detail)                               HTML     74K  
101: R85         Other Assets (Parenthetical) (Detail)               HTML     57K  
102: R86         Fixed Assets (Detail)                               HTML     67K  
103: R87         Fixed Assets - Additional Information (Detail)      HTML     45K  
104: R88         Goodwill and Intangible Assets - Additional         HTML     46K  
                Information (Detail)                                             
105: R89         Changes in the Carrying Amount of Goodwill          HTML     64K  
                (Detail)                                                         
106: R90         Finite-Lived Intangible Assets (Detail)             HTML     69K  
107: R91         Estimated Amortization Expense Relating to          HTML     54K  
                Existing Intangible Assets with Finite Lives                     
                (Detail)                                                         
108: R92         Accounts Payable and Accrued Liabilities (Detail)   HTML     73K  
109: R93         Loans Payable - Additional Information (Detail)     HTML    106K  
110: R94         Notes Payable - Summary of Company Issued and       HTML    100K  
                Publicly Sold Unsecured Senior Notes (Detail)                    
111: R95         Notes Payable - Additional Information (Detail)     HTML    104K  
112: R96         Principal Amount and Unamortized Discount and Debt  HTML     52K  
                Issuance Costs (Detail)                                          
113: R97         Repayment of Principal Amount of Long Term Debts    HTML     60K  
                (Detail)                                                         
114: R98         Convertible Senior Notes - Additional Information   HTML    277K  
                (Detail)                                                         
115: R99         Convertible Senior Notes - Summary of Carying       HTML     54K  
                Amount of the Convertible Notes (Detail)                         
116: R100        Convertible Senior Notes - Summary of Debt          HTML     60K  
                Instruments Interest Cost Recognized (Detail)                    
117: R101        Leases -Summary of Supplemental cash flow           HTML     47K  
                information (Detail)                                             
118: R102        Leases -Summary of Future lease payments (Detail)   HTML     61K  
119: R103        Leases - Additional Information (Detail)            HTML     54K  
120: R104        Income Taxes - Additional Information (Detail)      HTML     77K  
121: R105        Income (Loss) Before Income Taxes (Detail)          HTML     53K  
122: R106        Components of Income Tax (Detail)                   HTML     56K  
123: R107        Reconciliation of Effective Income Tax Provision    HTML     74K  
                of Tax Computed By Applying Statutory Income Tax                 
                Rate to Pre-Tax Income (Detail)                                  
124: R108        Tax Effects of Temporary Differences that Gave      HTML     69K  
                Rise to Deferred Tax Assets and Liabilities                      
                (Detail)                                                         
125: R109        Employee Defined Combination Plan - Additional      HTML     45K  
                Information (Detail)                                             
126: R110        Commitment and Contingencies - Additional           HTML     49K  
                Information (Detail)                                             
127: R111        Future Minimum Payments Under Non-cancelable        HTML     57K  
                Leases with Initial Terms of One-Year or More                    
                (Detail)                                                         
128: R112        Future Minimum Lease Payments For Non-Cancelable    HTML     58K  
                Agreements For Licensed Copyrights and Produced                  
                Content (Detail)                                                 
129: R113        Summary of Redeemable Noncontrolling Interest       HTML     56K  
                (Detail)                                                         
130: R114        Redeemable Noncontrolling Interests - Additional    HTML     49K  
                Information (Detail)                                             
131: R115        Shareholder's Equity - Additional Information       HTML    104K  
                (Detail)                                                         
132: R116        Shareholders' Equity (Detail)                       HTML     52K  
133: R117        Changes in Accumulated Other Comprehensive (Loss)   HTML     94K  
                Income by Component, Net of Tax (Detail)                         
134: R118        Tax Benefit (expense) Allocated to each Component   HTML     47K  
                of Other Comprehensive Income (Loss) (Detail)                    
135: R119        Reconciliation of Net Income to Numerator for       HTML     69K  
                Computation of Basic and Diluted earnings Per                    
                Share (Detail)                                                   
136: R120        Computation of Basic and Diluted Earnings Per       HTML    101K  
                Class A and Class B Ordinary Share (Detail)                      
137: R121        Share-Based Awards Plan - Additional Information    HTML    156K  
                of Baidu, Inc. (Detail)                                          
138: R122        Option Activity Baidu. Inc (Detail)                 HTML     95K  
139: R123        Assumptions Used to Estimate Fair Values of Share   HTML     61K  
                Options Granted - Baidu, Inc. (Detail)                           
140: R124        Restricted Shares Activity (Detail)                 HTML     66K  
141: R125        Share-Based Awards Plan - Option Activity (Detail)  HTML     96K  
142: R126        Total Share-Based Compensation Cost Recognized      HTML     59K  
                (Detail)                                                         
143: R127        Related Party Transactions - Additional             HTML     58K  
                Information (Detail)                                             
144: R128        Related Party Transactions - Schedule Of Revenue    HTML     65K  
                Received From Major Related Parties (Detail)                     
145: R129        Related Party Transactions (Detail)                 HTML     79K  
146: R130        Related Party Transactions (Parenthetical)          HTML     53K  
                (Detail)                                                         
147: R131        Segment Reporting - Additional Information          HTML     44K  
                (Detail)                                                         
148: R132        Summary of Group's Operating Segment Results        HTML    126K  
                (Detail)                                                         
149: R133        Segment Reporting - Summary of Revenue              HTML     75K  
                Disaggregated by Revenue (Detail)                                
150: R134        Fair Value Disclosure and Measurement on Recurring  HTML    121K  
                Basis (Detail)                                                   
151: R135        Fair Value Measurements - Schedule of Investments   HTML     60K  
                accounted at Fair Value (Detail)                                 
152: R136        Fair Value Measurements - Schedule of               HTML     68K  
                Available-for-sale debt investments (Detail)                     
153: R137        Fair Value Measurements - Summary of Assets         HTML     70K  
                Measured at Fair Value on a Non-Recurring Basis                  
                (Detail)                                                         
154: R138        Fair Value Measurements - Summary of Assets         HTML     49K  
                Measured at Fair Value on a Non-Recurring Basis                  
                (Parenthetical) (Detail)                                         
156: XML         IDEA XML File -- Filing Summary                      XML    296K  
159: XML         XBRL Instance -- d584913d20f_htm                     XML   6.37M  
155: EXCEL       IDEA Workbook of Financial Report Info              XLSX    365K  
13: EX-101.CAL  XBRL Calculations -- bidu-20231231_cal               XML    340K 
14: EX-101.DEF  XBRL Definitions -- bidu-20231231_def                XML   1.90M 
15: EX-101.LAB  XBRL Labels -- bidu-20231231_lab                     XML   2.87M 
16: EX-101.PRE  XBRL Presentations -- bidu-20231231_pre              XML   2.34M 
12: EX-101.SCH  XBRL Schema -- bidu-20231231                         XSD    494K 
157: JSON        XBRL Instance as JSON Data -- MetaLinks              970±  1.49M  
158: ZIP         XBRL Zipped Folder -- 0001193125-24-068527-xbrl      Zip   1.21M  


‘EX-15.2’   —   Letter re: Unaudited Interim Financial Info


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-15.2  

Exhibit 15.2

[Han Kun Law Offices Letterhead]

March 15, 2024

Baidu, Inc.

Baidu Campus

No. 10 Shangdi 10th Street

Haidian District, Beijing

People’s Republic of China 100085

Dear Sir/Madam:

We hereby consent to the reference of our name under the heading “Item 4.B. Information on the Company—Business Overview—Regulations” in Baidu, Inc.’s Annual Report on Form 20-F for the year ended December 31, 2023 (the “Annual Report”), which will be filed with the Securities and Exchange Commission (the “SEC”) in the month of March 2024, and further consent to the incorporation by reference into the Registration Statement (Form S-8 No. 333-129374) pertaining to Baidu, Inc.’s 2000 Option Plan, Registration Statement (Form S-8 No. 333-158678) pertaining to Baidu, Inc.’s 2008 Share Incentive Plan, and Registration Statement (Form S-8 No. 333-232429) pertaining to Baidu Inc.’s 2018 Share Incentive Plan of the summary of our opinion under the heading “Item 4.B. Information on the Company—Business Overview—Regulations” in the Annual Report. We also consent to the filing of this consent letter with the SEC as an exhibit to the Annual Report.

In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, or under the Securities Exchange Act of 1934, in each case, as amended, or the regulations promulgated thereunder.

Very truly yours,

 

/s/ Han Kun Law Offices

Han Kun Law Offices

Dates Referenced Herein

This ‘20-F’ Filing    Date    Other Filings
Filed on:3/15/24None on these Dates
For Period end:12/31/23
 List all Filings 


36 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/27/23  Baidu, Inc.                       6-K         6/27/23    5:222K                                   Donnelley … Solutions/FA
 3/22/23  Baidu, Inc.                       20-F       12/31/22  164:28M                                    Donnelley … Solutions/FA
 3/28/22  Baidu, Inc.                       20-F       12/31/21  168:26M                                    Donnelley … Solutions/FA
 8/19/21  Baidu, Inc.                       424B2                  1:1.9M                                   Donnelley … Solutions/FA
 8/18/21  Baidu, Inc.                       6-K         8/18/21    3:1.4M                                   Donnelley … Solutions/FA
 3/09/21  Baidu, Inc.                       20-F       12/31/20  166:25M                                    Donnelley … Solutions/FA
10/09/20  Baidu, Inc.                       6-K        10/09/20    2:163K                                   Donnelley … Solutions/FA
10/05/20  Baidu, Inc.                       F-3ASR     10/05/20    6:465K                                   Donnelley … Solutions/FA
 4/07/20  Baidu, Inc.                       6-K         4/07/20    2:164K                                   Donnelley … Solutions/FA
 3/13/20  Baidu, Inc.                       20-F       12/31/19  146:31M                                    Donnelley … Solutions/FA
 3/12/20  iQIYI, Inc.                       20-F       12/31/19  155:34M                                    ActiveDisclosure/FA
 3/15/19  Baidu, Inc.                       20-F       12/31/18  169:17M                                    Donnelley … Solutions/FA
 3/15/19  iQIYI, Inc.                       20-F       12/31/18  139:29M                                    ActiveDisclosure/FA
11/15/18  Baidu, Inc.                       6-K        11/15/18    3:305K                                   Donnelley … Solutions/FA
11/09/18  Baidu, Inc.                       424B2                  1:823K                                   Donnelley … Solutions/FA
 3/23/18  Baidu, Inc.                       424B2                  1:784K                                   Donnelley … Solutions/FA
 3/16/18  iQIYI, Inc.                       F-1/A                 10:6.9M                                   Donnelley … Solutions/FA
 2/27/18  iQIYI, Inc.                       F-1                   77:12M                                    Donnelley … Solutions/FA
 7/07/17  Baidu, Inc.                       6-K         7/07/17    2:160K                                   Donnelley … Solutions/FA
 6/29/17  Baidu, Inc.                       424B2                  1:1.4M                                   Donnelley … Solutions/FA
 6/26/17  Baidu, Inc.                       F-3ASR      6/26/17    7:433K                                   Donnelley … Solutions/FA
 3/31/17  Baidu, Inc.                       20-F       12/31/16  152:15M                                    Donnelley … Solutions/FA
11/04/15  Baidu, Inc.                       SC 13D                 1:674K Trip.com Group Ltd.               Paul Weiss Ri… LLP 01/FA
 7/02/15  Baidu, Inc.                       6-K         7/02/15    2:137K                                   Donnelley … Solutions/FA
 6/22/15  Baidu, Inc.                       424B5                  1:1.1M                                   Donnelley … Solutions/FA
 6/09/14  Baidu, Inc.                       6-K         6/09/14    2:100K                                   Donnelley … Solutions/FA
 3/28/14  Baidu, Inc.                       20-F       12/31/13  128:15M                                    Donnelley … Solutions/FA
 8/06/13  Baidu, Inc.                       6-K         8/06/13    4:137K                                   Donnelley … Solutions/FA
11/28/12  Baidu, Inc.                       6-K        11/28/12    3:627K                                   Donnelley … Solutions/FA
11/05/12  Baidu, Inc.                       F-3ASR     11/05/12    8:952K                                   Donnelley … Solutions/FA
 3/29/12  Baidu, Inc.                       20-F       12/31/11  152:14M                                    Donnelley … Solutions/FA
 3/29/11  Baidu, Inc.                       20-F       12/31/10  132:14M                                    Donnelley … Solutions/FA
 1/05/09  Baidu, Inc.                       424B3                  2:56K                                    Bank of NY/ADR Division
12/17/08  Baidu, Inc.                       6-K        12/17/08    5:310K                                   DFIN So… FundSuiteArc/FA
 8/02/05  Baidu, Inc.                       F-1/A                  9:3.7M                                   Donnelley … Solutions/FA
 7/12/05  Baidu, Inc.                       F-1                   33:4.4M                                   Donnelley … Solutions/FA
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Filing Submission 0001193125-24-068527   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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