Ciwen Media Co., Ltd.

Announcement of Resolutions from the 35th Meeting of the 9th Board of Directors

Announcement Regarding the Resignation of the Chairperson

This announcement details the resignation of Ms. Hua Yuping as Chairperson and Director of Cewei Media Co., Ltd. due to job adjustments. Her resignation is effective immediately and does not impact the company's board composition or operations. The company expresses gratitude for her contributions and will proceed with electing a new chairperson.

Legal Opinion for the 2025 Annual Shareholders' Meeting

2025 Annual General Meeting Resolution Announcement

This announcement details the resolutions passed at the 2025 Annual General Meeting of Cizhen Media Co., Ltd. The meeting was held on May 8, 2026, with both in-person and online voting. Key decisions included approving the 2025 Board of Directors' Work Report, the 2025 Financial Report, and the 2025 Profit Distribution Plan. All proposals were passed with a majority of votes.

Announcement on Participating in the 2026 Investor Online Collective Roadshow for Jiangxi-Regulated Listed Companies and Holding the 2025 Annual Performance Briefing

Cihwen Media will participate in the 2026 Investor Online Collective Roadshow for Jiangxi-Regulated Listed Companies and hold its 2025 Annual Performance Briefing. The event aims to enhance communication with investors. Key personnel will discuss the company's 2025 performance, governance, strategy, and operations. Investors can submit questions in advance.

Announcement on Provision for Asset Impairment for the First Quarter of 2026

This announcement details the provision for asset impairment by Cewen Media Co., Ltd. for Q1 2026. The company recognized a total provision of RMB 10.92 million, reducing Q1 profit by RMB 10.92 million and net profit attributable to shareholders by RMB 10.88 million. This action reflects the principle of prudence and provides a more accurate financial picture.

Resolution Announcement of the 34th Meeting of the 9th Board of Directors

This announcement details the resolutions passed at the 34th meeting of the 9th Board of Directors of Cewei Media Co., Ltd. The meeting, held via communication, approved the Q1 2026 quarterly report and the provision for asset impairment losses for Q1 2026. Both resolutions passed unanimously with 9 votes in favor.

2026 First Quarter Report

Announcement on Re-appointment of Accounting Firm

This announcement details the proposed re-appointment of Daixin Certified Public Accountants (Special General Partnership) as the company's accounting firm for the 2026 fiscal year. The decision was approved by the board of directors and requires shareholder approval. The firm's qualifications, experience, and audit fees are outlined.

Independent Director's 2025 Annual Performance Report (Wang Sixin)

This report details the performance of Independent Director Wang Sixin for 2025. It covers attendance at board and shareholder meetings, participation in special committees, and fulfillment of duties. The director actively participated in decision-making, reviewed financial reports, and ensured compliance with regulations, safeguarding shareholder interests, especially those of small and medium investors.

Independent Director's 2025 Annual Work Report (Xi Yanchao)

Independent Director's 2025 Annual Work Report (Yu Xinpei)

2025 Corporate Social Responsibility Report

This report details Ciwen Media's 2025 social responsibility initiatives. The company focuses on Party building, protecting stakeholder rights, and producing culturally significant content. Key outcomes include successful patriotic film productions and enhanced corporate governance, aiming for sustainable growth and social contribution.

2025 Internal Control Audit Report

This report presents the results of the internal control audit for the financial reporting of Cewen Media Co., Ltd. as of December 31, 2025. The audit was conducted in accordance with relevant requirements. The report concludes that the company maintained effective financial reporting internal controls in all material respects.

2025 Internal Control Self-Evaluation Report

Management System for Senior Management Compensation and Performance Evaluation (April 2026 Revision)

This document outlines the management system for senior management compensation and performance evaluation at Cewen Media Co., Ltd. It establishes principles for a compensation system aligned with long-term development and shareholder interests, emphasizing social and economic benefits, total compensation management, performance orientation, and sustainable development. The system details compensation structures, performance assessment methods, and provisions for compensation adjustments and clawbacks.

Board of Directors' Compensation Management System (April 2026 Revision)

This document outlines the Board of Directors' Compensation Management System for Cewen Media Co., Ltd. It details the principles, structure, and management of director compensation, aiming to align incentives with company performance and strategic goals. The system categorizes directors and specifies compensation based on their roles and contributions, ensuring fairness and transparency.

Announcement on Uncovered Losses Reaching One-Third of Paid-in Capital

This announcement details that Cewei Media's accumulated uncovered losses have exceeded one-third of its paid-in capital. The company reported a net loss of RMB 18,077,598.28 for 2025, with total undistributed losses reaching RMB 517,285,750.95. This situation requires shareholder approval, and the company outlines strategies to address the losses, including business diversification and risk management.

Announcement on Change of Accounting Policies

Civen Media Co., Ltd. is changing its accounting policies in accordance with the Ministry of Finance's "Accounting Standards Interpretation No. 19". This change, effective January 1, 2026, does not require board or shareholder approval and is not expected to materially impact the company's financial position or results. The company will continue to follow other relevant accounting standards.

Announcement on the Provision for Credit and Asset Impairment and Write-off of Assets for 2025

Announcement on Application for Comprehensive Credit Line and Guarantee Quota for 2026 by the Company and its Subsidiaries

The company and its subsidiaries plan to apply for a comprehensive credit line of RMB 1 billion and a guarantee quota of RMB 1 billion for 2026 to support business development. The guarantee quota includes inter-subsidiary guarantees, with specific limits for entities with asset-liability ratios above and below 70%. The board of directors has approved this proposal, which will be submitted to the shareholders' meeting for approval.

Notice of Convening the 2025 Annual Shareholders' Meeting

This notice announces that Cewen Media Co., Ltd. will hold its 2025 Annual Shareholders' Meeting on May 8, 2026. The meeting will cover various reports, including the Board of Directors' work report and financial statements, and will address proposals on profit distribution and credit limits. Shareholders can vote in person or via online systems.

2025 Annual Report of the Board of Directors

The Board of Directors of Cizhen Media Co., Ltd. reports on its operations for 2025, adhering to legal regulations and the company's articles of association. The board held 7 meetings, approving 44 proposals, and focused on strategic development and corporate governance. Key outcomes include the successful implementation of the "1133" strategy, the release of the acclaimed drama "The Silent Glory," and expansion into new business areas like short dramas and cultural tourism, contributing to the company's overall development and shareholder value.

Review of the First Special Meeting of Independent Directors of the Ninth Board of Directors in 2026

The Independent Directors of Cizhen Media reviewed the 2025 profit distribution proposal. Due to a net loss and significant capital needs for business development, the company proposed no cash dividends, bonus shares, or capital reserve transfers for 2025. The proposal is deemed compliant and beneficial for long-term development.

2025 Annual Financial Report

This report presents the audited 2025 financial statements of Cewei Media Co., Ltd. Key figures show revenue increased by 8.69% to 39,785.97 million yuan, while net profit attributable to shareholders decreased by 159.57% to -1,807.76 million yuan. Total assets grew by 6.02% to 171,594.07 million yuan.

Resolution Announcement of the 33rd Meeting of the 9th Board of Directors

The 33rd meeting of the 9th Board of Directors of Cewen Media Co., Ltd. was held to review and approve various reports and proposals for 2025 and 2026. Key decisions included approving the 2025 General Manager's Work Report, the 2025 Board of Directors' Work Report, and the 2025 Financial Report. The board also approved proposals for the 2025 profit distribution, credit line applications, and the convening of the 2025 Annual General Meeting.

Announcement on Proposed Non-Distribution of Profits and Capital Reserve Transfer to Share Capital for 2025

This announcement from Cewen Media Co., Ltd. details their proposed 2025 profit distribution plan. Due to a negative retained earnings balance and significant capital needs for 2026 operations, the company proposes no cash dividends, bonus shares, or capital reserve transfers. The company did conduct a share buyback in 2025, which is considered equivalent to a cash dividend of 10,000,537 yuan.

Specialized Audit Report on Deductions from Operating Revenue for 2025

This report details the audit of the operating revenue deductions for Cewen Media Co., Ltd. for 2025. The audit confirms that the company's statement of revenue deductions complies with relevant regulations and fairly reflects the situation. The report is intended for inclusion in the company's annual report.

Assessment Report on the Performance of the Accounting Firm in 2025

This report assesses the performance of Daixin Certified Public Accountants (Daixin) as the company's auditor for 2025. The assessment concludes that Daixin meets qualification requirements, maintains independence, acts diligently, and provides a fair opinion. The firm's team is well-equipped, and its work plan and quality management systems are robust, ensuring effective service delivery.

Report of the Audit Committee on the Supervision of the Accounting Firm for 2025

The Audit Committee of Cizhen Media Co., Ltd. reports on its supervision of the accounting firm for 2025. It reviewed the firm's qualifications, conducted pre-audit and post-audit communications, and monitored the audit process. The committee concluded that the accounting firm performed its duties professionally and issued an objective and timely audit report.

Special Audit Report on the Summary Statement of Non-operating Fund Occupation and Other Related Party Fund Transactions for 2025

This report provides an audit opinion on the summary statement of non-operating fund occupation and other related party fund transactions for the year 2025. The audit confirms that the statement is prepared in accordance with relevant regulations and fairly reflects the fund occupation by the controlling shareholder and other related parties. The report is intended for disclosure in the company's annual report.