Phoenix New Media(US:FENG) Feng Huang Wang Cai Jing·2025-09-23 15:06Core Viewpoint - Phoenix New Media announced a board member adjustment, with Mr. Xiao Geng replacing Mr. Wen Jiaxuan as a director and joining various committees, effective immediately [1] Group 1: Board Changes - Mr. Xiao Geng has officially taken over the position of director and will also serve on the audit committee, compensation committee, and corporate governance and nomination committee [1] - Mr. Wen Jiaxuan resigned from his position for personal reasons, effective immediately [1] - Mr. Xiao Geng's appointment fills the vacancy left by Mr. Wen and will be subject to re-election at the next shareholders' meeting [1] Group 2: Profile of Mr. Xiao Geng - Mr. Xiao Geng is currently a professor and vice dean of international cooperation at the School of Public Policy at the Chinese University of Hong Kong, Shenzhen [3] - He holds a bachelor's degree in system science and management science from the University of Science and Technology of China, and a master's and Ph.D. in economics from the University of California, Los Angeles [3] - Mr. Xiao has previously taught at Peking University HSBC Business School and the University of Hong Kong, and has held leadership or research positions at various institutions including Columbia University's Beijing Global Center and Tsinghua-Brookings Public Policy Research Center [3][4] Group 3: Corporate Governance Experience - Mr. Xiao Geng has extensive corporate governance experience, having served as an independent director or supervisor for several well-known companies and financial institutions, including Midea Group, Qingdao Beer, HSBC China, and UBS China [4] - The board has confirmed that Mr. Xiao meets the independent director qualification requirements under the U.S. Securities Exchange Act and the New York Stock Exchange [4] Group 4: Company Overview - Phoenix New Media is a leading new media company in China, providing diverse services such as news, video, and digital reading through its platform ifeng.com and mobile applications [4] - The company originated from Phoenix Television and aims to deliver comprehensive information services to users through high-quality content and multi-platform channels [4]