Baosheng Media Group Holdings Limited announced Mr. Kun Zhang, an independent director of the company, a member of the audit committee, the compensation committee, and the nominating and corporate governance committee of the board of directors of the Company, and the chairman of the compensation committee of the Board, notified the Company of his resignation as a director for personal reasons, effective December 6, 2023. Mr. Zhang?s resignation from the Board was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. On December 6, 2023, the Board appointed Mr. Yun Wu as an independent director, a member of each of the nominating and corporate governance committee, audit committee, and compensation committee of the Board, and the chairman of the compensation committee of the Board.

The appointment intends to fill the vacancy created by Mr. Zhang?s departure. Since January 2022, Mr. Wu has been serving as the general manager at Air CITC Information Technology (Beijing) Co. Ltd., where he is responsible for business management. From December 2014 to December 2021, Mr. Wu served as the co-founder and chief operating officer at Beijing Haitaoche Technology Co.

Ltd., where he was responsible for the overall company management. Mr. Wu obtained his bachelor?s degree in Computer Science and Technology from Peking University in 1995, and his Master of Business Administration degree from the Guanghua School of Management at Peking University in 2001.