Securities Code: 002027
Securities Abbreviation: Focus Media
Announcement No.: 2026-042
Focus Media Information Technology Co., Ltd.
Announcement on Adding Provisional Proposal to the First Extraordinary General Meeting of 2026 and Supplementary Notice
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, concise, and easy to understand, without any false records, misleading statements, or significant omissions.
On August 5, 2026, Focus Media Information Technology Co., Ltd. (hereinafter referred to as the "Company") held the twelfth (extraordinary) meeting of the ninth Board of Directors. The meeting deliberated and passed the "Proposal of the Company on Convening the First Extraordinary General Meeting of 2026," and decided to convene the first extraordinary general meeting of 2026 on August 27, 2026. For specific details, please refer to the relevant announcement published by the Company on the Juchao Information Network (www.cninfo.com.cn) on August 7, 2026.
On August 17, 2026, the Company held the thirteenth meeting of the ninth Board of Directors. The meeting deliberated and passed the "Proposal of the Company on Whether the Transaction Constitutes a Major Asset Restructuring, Related Party Transaction, and Restructuring for Listing," which requires submission to the Company's general meeting of shareholders for deliberation. On the same day, the Company's Board of Directors received a "Letter Requesting the Addition of a Provisional Proposal to the First Extraordinary General Meeting of 2026" from Media Management Hong Kong Limited. To improve decision-making efficiency and avoid extending the review period by postponing the relevant proposals to the next general meeting, it is requested that the Company's Board of Directors submit the aforementioned proposal as a provisional proposal to the first extraordinary general meeting of 2026 for deliberation.
According to the relevant provisions of the "Company Law," "Rules for Shareholders' Meetings of Listed Companies," and the "Articles of Association," shareholders holding more than 1% of the shares, individually or collectively, can submit provisional proposals in writing to the convener 10 days before the general meeting. After review by the Company's Board of Directors, as of the date of this announcement, Media Management Hong Kong Limited holds 23.72% of the Company's shares and has the legal qualification to submit provisional proposals. The content of the proposal falls within the scope of the shareholders' meeting's authority, has a clear agenda and specific resolution matters, and complies with relevant provisions of laws, regulations, and the "Articles of Association." The Board of Directors agrees to add the aforementioned provisional proposal to the agenda of the first extraordinary general meeting of 2026 for deliberation.
In addition to the addition of the aforementioned provisional proposal, other proposals, the stock registration date, the convening time, the convening location, and the convening method of the Company's first extraordinary general meeting of 2026 remain unchanged. The supplementary notice for the Company's first extraordinary general meeting of 2026 is hereby announced as follows: