Radio and Television Network: Receipt of the Administrative Supervision Measures Decision of the Shaanxi Securities Regulatory Bureau

Notice from the State Administration of Radio and Television Networks: The company and related responsible persons received the decision of the Shaanxi Securities Regulatory Bureau on the "Decision on Rectification and Issuance of Warning Letters to Han Pu and Zhang Yun of Shaanxi Radio and Television Network Media Co., Ltd. Minutes" of administrative supervision measures. According to the investigation, as of July 2, 2025, the total amount of litigation and arbitration cases occurred by the company in the past 12 months amounts to 2.42 billion yuan, exceeding 10% of the company's most recent audited net assets, which should be disclosed in a timely manner. However, the company did not disclose it until December 26, 2025, which does not comply with relevant regulations. Han Pu, Chairman and General Manager of the company, and Zhang Yun, Secretary of the Board of Directors, are primarily responsible for the above violations.