Xinhua Media announced that the term of the 10th board of directors of the company expires. The first extraordinary shareholders' meeting in 2026 will be held on October 28, 2026 to review three proposals: the first is the remuneration standard for directors of the 11th board of directors, including an annual allowance of 120,000 yuan for independent directors, non-executive directors do not receive directors' remuneration, and the remuneration of executive directors is determined according to concurrent executive positions; the second is to elect Hu Minghua, Li Xiang, Wang Xiaodong, Dai Yin, Dai Li, and Liu Hang as the 11th independent directors; the third is to elect Zhou Junming, Wu Jiayin, and Chen Lei as the 11th independent directors. This election uses a cumulative voting system. The 6 elected non-independent directors and 3 independent directors will jointly form the 11th board of directors.

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