Beijing Fengshangshiji Culture Media Co.Ltd(300860) : the board of directors agrees to authorize the management and its authorized persons to sell Xi’An Qujiang Cultural Tourism Co.Ltd(600706) shares held by the company at an opportunity according to the situation of the securities market, which shall not exceed about 10.4 million shares

Beijing Fengshangshiji Culture Media Co.Ltd(300860) (SZ Beijing Fengshangshiji Culture Media Co.Ltd(300860) , closing price: 39.57 yuan) announced on April 22 that the proposal on the proposed sale of stock assets was deliberated and adopted at the first meeting of the third board of directors of the company. In order to improve the asset operation efficiency, optimize the asset structure of the company and maximize the shareholder value of the company, the board of directors of the company agrees to authorize the management and its authorized persons to sell Xi’An Qujiang Cultural Tourism Co.Ltd(600706) shares held by the company at an appropriate time according to the securities market conditions, which shall not exceed about 10.4 million shares (accounting for no more than 4.08% of Xi’An Qujiang Cultural Tourism Co.Ltd(600706) total share capital). The scope of authorization includes but is not limited to the time of sale, trading method, trading price, signing relevant agreements, etc, The authorization period is within 12 months from the date of deliberation and approval by the board of directors. During this period, if Xi’An Qujiang Cultural Tourism Co.Ltd(600706) occurs any share change such as share distribution, conversion of capital reserve to share capital, the number of shares to be sold by the company will be adjusted accordingly.

From January to June 2021, Beijing Fengshangshiji Culture Media Co.Ltd(300860) ‘s operating revenue consists of 51.04% of large-scale cultural performance activities, 40.21% of landscape art lighting and interpretation, 7.75% of cultural tourism performance and 1.01% of others.

the chairman and general manager of Beijing Fengshangshiji Culture Media Co.Ltd(300860) are Sha Xiaolan, male, 60 years old, with a bachelor’s degree.

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