Core Viewpoint - Huashu Media Holdings Co., Ltd. is undergoing significant changes in its business scope and company articles to adapt to market demands and enhance its governance structure [1][2][3] Business Scope Change - The company is expanding its business scope to include broadcasting and television program transmission, video-on-demand services, and various value-added telecommunications services. This change reflects a strategic move to diversify its operations beyond cable and digital television, aligning with market trends and operational needs [2] Articles of Association Revision - The company has revised its articles of association to optimize its governance structure. Key changes include the abolition of the supervisory board, with its functions transferred to the audit committee of the board of directors. Additionally, the strategic committee has been renamed to include sustainability in its focus. The revisions also expand shareholder rights, allowing shareholders with over 3% ownership for more than 180 days to access company accounting records [3] Future Implications - These adjustments are expected to have a profound impact on Huashu Media's future development strategy, operational model, and corporate governance, warranting close attention from the market [3]

Core Viewpoint - The company has established a wholly-owned subsidiary, Wuxi Jizhi Liquid Cooling Technology Co., Ltd., with a registered capital of 5 million RMB to optimize its business structure and enhance growth potential [1] Group 1: Company Establishment - The subsidiary was registered with a capital of 5 million RMB and is located in Wuxi City, Huishan District [1] - The legal representative of the subsidiary is Wang Guohua, and the establishment date is June 6, 2025 [1] Group 2: Business Scope - The subsidiary's business scope includes technical services, technical development, and manufacturing of network and communication equipment [1] Group 3: Strategic Implications - Establishing the subsidiary is expected to broaden the company's business layout, achieve synergy among business segments, and strengthen its core competitive advantages [1] - The move is aligned with the company's strategic goals and aims to create new growth opportunities [1]