• Hong Kong’s Securities and Futures Commission exempted Beijing Economic Development Investment from a mandatory general offer for Beijing Media under revised management arrangements.
• The regulator confirmed Capital Group’s existing mandatory general offer waiver remains valid.
• Under the October 30, 2026 agreement, Capital Group’s wholly owned subsidiary will exercise delegated shareholder rights through June 17, 2030.
• Capital Group retains effective shareholder rights and oversight of its subsidiary’s management activities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Media Corporation Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12391277), on October 30, 2026, and is solely responsible for the information contained therein.