Guomai Culture Media Co., Ltd. (hereinafter referred to as "the Company") held the 15th meeting of the third board of directors and the third meeting of the strategic committee of the third board on March 30, 2026. The meetings reviewed and approved the proposal on authorizing the board of directors to handle matters related to the issuance of stocks to specific entities via simplified procedures. In accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and other relevant laws and regulations, as well as the Company's Articles of Association, the shareholders are requested to authorize the board of directors to fully manage the relevant matters concerning this stock issuance via simplified procedures. The authorization is valid from the date of approval by the 2025 annual shareholders' meeting until the date of the 2026 annual shareholders' meeting. The matters mentioned above are subject to the review of the shareholders' meeting, and the relevant situation is reported as follows:
I. Specific Content
(1) Confirmation of Conditions for Simplified Issuance
The shareholders' meeting is requested to authorize the board of directors to conduct self-examination and verification based on the Company Law, Securities Law, the Administrative Measures for the Registration of Securities Issuance by Listed Companies, and other relevant laws, regulations, normative documents, and the Articles of Association, to confirm whether the Company meets the conditions for simplified issuance of stocks to specific entities.
(2) Types, Quantity, and Par Value of Stocks Issued
The total financing amount for the issuance of stocks to specific entities shall not exceed 300 million RMB and shall not exceed 20% of the Company's net assets as of the end of the previous year. The stocks issued will be RMB ordinary shares (A shares) with a par value of 1.00 RMB per share.