BEIJING MEDIA recommends re-electing Jing Enji as executive director

According to the announcement from BEIJING MEDIA (01000), on May 16, 2025, the board of directors resolved to propose the election of the ninth board of directors, including the re-election of Mr. Jing Enji and Ms. Wu Min as executive directors of the ninth board, the re-election of Ms. Sun Baojie, Ms. Cui Ping, Mr. Wang Hao, and Mr. Wang Zechen, and the appointment of Mr. Li Xiaowei as non-executive directors of the ninth board, as well as the re-election of Ms. Shi Hongying, Mr. Chen Yiping, Ms. Du Guoqing, and Mr. Kong Weiping as independent non-executive directors of the ninth board.

To further enhance the company's governance level, in accordance with the latest Company Law of the People's Republic of China, and following the work norms and reform requirements of the State-owned Assets Supervision and Administration Commission of the People's Government of Beijing Municipality regarding the corporate governance of municipal state-owned enterprises, combined with the actual situation and business development needs of the company, and under the premise of meeting the core protection level of shareholders, on May 16, 2025, the board of directors resolved to (a) abolish the supervisory board, with the audit committee of the board exercising related powers; and (b) amend the current articles of association to (i) reflect the above changes, (ii) further improve the content related to party building; and (iii) modify the business scope according to business development needs and relevant regulatory requirements