Beijing Capital Online Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
The Company held its first extraordinary shareholders' meeting of 2026 on February 24, 2026, to review and approve the proposal to amend certain provisions of the Articles of Association. According to Article 100 and Article 109 of the amended Articles of Association of Beijing Capital Online Technology Co., Ltd. (hereinafter referred to as "the Articles"), "there shall be one employee representative director among the members of the Board of Directors. The employee representative director shall be elected directly into the Board by the employees through the employee representative assembly, employee assembly, or other democratic means." "The Board of Directors consists of 8 directors, including one chairman, and may have a vice chairman. The chairman and vice chairman are elected by a majority of the entire Board of Directors, which includes 3 independent directors and 1 employee director."