Chinese movie: Chairman Fu Ruqing resigned on May 25, 2026 due to age reasons.

Chinese film announcement, The Board of Directors of the company recently received a letter from Mr. Fu Ruqing. According to the organization's arrangement, Mr. Fu Ruqing will no longer serve as the Chairman of the Fourth Board of Directors, Director, and Chairman of the Board's Strategic and Social Responsibility Committee due to age reasons, with his resignation effective from May 25, 2026. Mr. Fu Ruqing does not hold any company shares and will continue to serve as the Chairman of the company's Board Art Committee after his resignation.