2025 Annual Report of the Board of Directors
In 2025, Cizhen Media Co., Ltd. (hereinafter referred to as the "Company") strictly followed the provisions of laws and regulations such as the "Company Law," "Securities Law," the "Main Board Listed Company Governance Manual" issued by the Shenzhen Stock Exchange, and normative documents including the "Articles of Association" and the "Rules of Procedure for Board Meetings" as part of its internal control system. With a spirit of responsibility to all shareholders, the board diligently performed its duties granted by the shareholders' meeting, strictly implemented all resolutions of the shareholders' meeting, and actively promoted the implementation of the board's resolutions and the Company's "1133" development strategy. All directors discharged their duties diligently and conscientiously, continuously improved corporate governance and standardized operations, and strived to promote the sustained development of the Company's various businesses, effectively safeguarding the legitimate rights and interests of the Company and all shareholders. The work of the Board of Directors in 2025 is hereby reported as follows:
I. Board Operations
(I) Board Meetings and Resolution Content
During the reporting period, the Company's Board of Directors held 7 meetings and reviewed and approved 44 proposals. The convening and voting procedures of the meetings complied with the provisions of laws and regulations such as the "Company Law," normative documents, and the "Articles of Association." All directors strictly fulfilled their responsibilities. Except for Director Yan Chao, an independent director, who was unable to attend the 27th meeting of the Ninth Board of Directors in person due to personal reasons, but fully understood the content of the proposals and entrusted Independent Director Yu Xinpei to attend and vote on his behalf, all other meetings were attended by all directors. Each proposal was fully discussed and prudently deliberated. The resolutions and outcomes of the board meetings played an important role in promoting the Company's strategic development, operational management, and standardized governance. The Company strictly disclosed relevant information in a true, accurate, complete, and timely manner in accordance with the provisions of relevant laws, regulations, and normative documents, diligently fulfilled its information disclosure obligations as a listed company, ensured that the Company's information disclosure was open, fair, and just, and actively protected the legitimate rights and interests of the Company and investors, especially small and medium shareholders.