B-RAY MEDIA announced that its wholly-owned subsidiary Sichuan B-RAY Media Real Estate Co., Ltd. signed a "Property Entrusted Management Service Contract for B-RAY • Creative Chengdu 2025-2027" with the related party Chengdu News Property Co., Ltd. The total contract amount is 28.4757 million yuan, and the contract duration is 3 years. This related transaction is considered a routine related transaction and does not require submission for shareholder meeting approval