中文天地出版传媒集团股份有限公司关于董事长辞职暨选举副董事长为公司法定代表人的公告

Group 1 - The chairman of the board, Ling Wei, has resigned from his position and all related roles due to job adjustments, which also means he will no longer serve as the legal representative of the company [2][3] - The board of directors has elected Wu Weidong, the vice chairman, as the new legal representative and he will preside over the daily operations of the board until a new chairman is elected [3][50] - Ling Wei's resignation does not affect the minimum number of board members required by law, ensuring the normal operation of the board and the company [2][3] Group 2 - The company’s subsidiary, Beijing Zhixing Xingtong Technology Co., Ltd. plans to conduct foreign exchange hedging business using its own funds, with a maximum amount of $1.1 million authorized for a period of 12 months [4][6] - The hedging transactions will be conducted only with banks and financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China, using foreign exchange forward contracts [4][9] - The board has approved the hedging proposal to mitigate the impact of exchange rate fluctuations on the subsidiary's financial performance [56] Group 3 - The company has decided to adjust the number of board members from 13 to 11, with non-independent directors reduced from 8 to 6, while maintaining 5 independent directors [42][52] - The company will revise certain provisions of its articles of association in accordance with the adjustment of the board size and the method of appointing the legal representative [43][52] - These adjustments and revisions will require approval from the shareholders' meeting [45][52] Group 4 - The company is in the process of liquidating its subsidiary, Beijing Haoze Private Fund Management Co., Ltd., due to delays in the registration process for private fund management [35][37] - The liquidation does not pose significant legal obstacles and does not constitute a major asset restructuring or related party transaction, thus not requiring board or shareholder approval [35][37] - The company will continue to monitor the progress of the liquidation and fulfill its disclosure obligations [39]