The board of directors of Beijing Media Corporation Limited announced that on 4 August 2021, the board received the written resignation of Mr. Wu Bin, an executive director and acting president of the company. Due to job changes, Mr. Wu has conveyed to the Board his request to resign from the positions as an executive director, acting president, authorized representative of the company and all his other positions in the Group. The resignation takes effect immediately. On the same day, executive director Ms. Liu Jia was appointed as the authorized representative of the company. The board announced that on 4 August 2021, Mr. Xu Jian was appointed as the president of the Company with immediate effect. On the same day, Mr. Xu was also nominated by the Board as an executive director of the seventh session of the board of the Company, subject to the approval by the Shareholders at shareholders' general meeting.