The board of directors of Beijing Media Corporation Limited announces that, on 29 September 2022, the Board received the written resignation of Mr. Xu Jian ("Mr. Xu''), an executive director, president and authorized representative of the Company. Due to job rearrangement, Mr. Xu has conveyed to the Board his request to resign from the positions as the president and authorized representative of the Company, which takes effect immediately; and on the same day, Mr. Jing Enji ("Mr. Jing''), a non-executive director of the Company, was appointed as the president and authorized representative of the Company, which takes effect immediately. The Board further announces that, with effect from 29 September 2022, Mr. Jing was redesignated from a non-executive director to an executive director of the Company, and ceased to act as a member of the remuneration committee of the Board; and Mr. Xu was redesignated from an executive director to a non-executive director of the Company, and was appointed as a member of the remuneration committee of the Board. Mr. Xu Jian, aged 40, is a non-executive director of the Company. Mr. Xu successively obtained a bachelor's degree in computer science and technology from Zhejiang University and a master's degree in business administration from Guanghua School of
Management of Peking University. From July 2005 to July 2013, Mr. Xu served as an engineer in the computer information department of Amway (China) Commodity Co. Ltd. and a senior manager in the underwriting and sponsoring branch in Beijing of Xiangcai Securities Co. Ltd. From July 2013 to June 2015, he served as the senior manager of the capital operation department of Beijing Capital Group Co. Ltd., and from July 2015 to January 2018, as the general manager of Chengdu Qian Feng Electronics Co. Ltd. (currently known as BAIC Blue Park New Energy Technology Co. Ltd.) Mr. Xu served as the assistant to general manager of the financial management department of Beijing Capital Group Co. Ltd. from February 2018 to November 2018, as the deputy general manager of the asset management department of Beijing Capital Group Co. Ltd. from December 2018 to July 2021, and
has served as the president of the Company from August 2021 to September 2022. Mr. Xu holds concurrent positions as a director of First Capital Securities Co. Ltd. since June 2021, as a director of Beijing Youth Travel Service Co. Ltd. since November 2021 and as a director of Beijing
Economic Development Investment Co. Ltd. from March 2022. Mr. Xu was appointed as a director of the Company on 25 November 2021. Mr. Jing Enji, aged 49, is the secretary of general Party branch, executive director and president of the Company. He is qualified as a lawyer in the People's Republic of China and a Level II legal advisor for state-owned enterprises. Mr. Jing graduated from the School of Economics and Management of North China University of Technology in 1996, majoring in economic law, and obtained a bachelor's degree in law. Mr. Jing joined Beijing Municipal Economic Development and Investment Co. Ltd. (formerly known as Beijing Municipal Economic Development and Investment Company) in July 1996,
successively serving as the deputy manager of the asset management department, the deputy manager of the operation management department, the manager of the operation management department, the manager of the real estate development department, assistant to the general manager, the deputy general manager, the executive deputy general manager, the general manager and the deputy secretary of the Party Committee. Mr. Jing holds concurrent positions as a director of Beijing Municipal Economic Development and Investment Co. Ltd. since April 2018, as the chairman of Beijing Youth Travel Service Co. Ltd. since November 2021, and as the chairman of Beijing Beiqing Education and Media Co. Ltd. from January 2022. Mr. Jing was appointed as a director of the Company on 25 November 2021.