Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

XINHUA NEWS MEDIA HOLDINGS LIMITED อശஷৃ᎖దછٰϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 309)

REQUISITION FOR EXTRAORDINARY GENERAL MEETING

This announcement is made pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the laws of Hong Kong).

REQUISITION FOR EXTRAORDINARY GENERAL MEETING

The board (the "Board") of directors of Xinhua News Media Holdings Limited (the "Company") would like to inform shareholders and potential investors of the Company that the Company has received a notice (the "Requisition Notice") dated 17 January 2018 from two members of the Company (the "Requisitionists") requisitioning for an extraordinary general meeting of the Company (the "EGM") to be convened for the purpose of considering and passing the following ordinary resolutions:

ORDINARY RESOLUTIONS

  • 1. THAT Mr. Chan Chun Wo be and is hereby appointed as executive director of the Company with immediate effect upon passing of this resolution;

  • 2. THAT Mr. Huang Wen Kai be and is hereby appointed as executive director of the Company with immediate effect upon passing of this resolution; and

  • 3. THAT Ms. Lee Suen be and is hereby appointed as independent non-executive director of the Company with immediate effect upon passing of this resolution.

The Requisition Notice did not set out any reasons and/or grounds for the said proposed appointment of directors. Accordingly, the Board is not able to provide the shareholders with any reasons and/or grounds in respect of the said proposed appointment of directors for consideration.

According to article 68 of the articles of association of the Company, general meeting shall be convened on the written requisition of any two or more members of the Company deposited at the principal office of the Company in Hong Kong, provided that such requisitionists held as at the date of not less than one-tenth of the paid up capital of the Company which carries the right of voting at general meeting of the Company.

Subject to further verification and upon obtaining necessary advice in respect of the Requisition Notice, the Board would act in accordance with the provisions of the articles of association of the Company.

By order of the Board

Xinhua News Media Holdings Limited

David Wei Ji

Executive Director

Hong Kong, 17 January 2018

As at the date of this announcement, the board of directors of the Company comprises five executive directors, namely, Mr. Ju Mengjun, Dr. Lo Kou Hong, Mr. Yu Guang, Mr. David Wei Ji and Mr. Wen Xin Nian; and three independent non-executive directors, namely, Mr. Wang Qi, Mr. Tsang Chi Hon and Mr. Ho Hin Yip.

Xinhua News Media Holdings Ltd. published this content on 17 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 January 2018 13:59:03 UTC.

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