603598: Inly Media Co.Ltd(603598) : Announcement on the progress of share reduction by directors and senior managers

Securities code: 603598 securities abbreviation: Inly Media Co.Ltd(603598) Announcement No.: 2022-004

Inly Media Co.Ltd(603598)

Announcement on the progress of share reduction by directors and senior managers

The board of directors, all directors and relevant shareholders of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

Basic information of shareholding

As of the disclosure date of this announcement, Ms. pan Xinxin, director and President of the company, holds 156000 shares of the company, accounting for 0.058% of the total shares of the company.

Main contents of share reduction plan

On August 31, 2021, the company issued the announcement on the share reduction plan of shareholders, directors and senior managers (Announcement No.: 2021-052).

Implementation results of share reduction plan

As of January 17, 2022, Ms. pan Xinxin reduced 51800 shares of the company through centralized bidding, accounting for 0.019% of the total share capital of the company. Ms. Wang Xiaoying has completed the reduction plan ahead of schedule. The implementation of the reduction plan has been completed.

1、 Basic information of the reducing entity before the reduction

Number of shares held

Shareholder name shareholder identity shareholding proportion current shareholding source (shares)

Pan Xinxin, director, supervisor and senior manager 207800 0.078% acquired before IPO: 129800 shares; acquired by management in other ways: 78000 shares

There is no concerted action relationship between the above reduction subjects.

2、 Implementation progress of share reduction plan

(I) the directors, supervisors and senior management disclosed the implementation progress of the reduction plan for the following reasons:

More than half of the reduction in centralized bidding transactions

Reduction price reduction total current shareholder name reduction quantity reduction ratio reduction party

Interval during reduction period (yuan / amount) number of shares (shares) example of shareholding scale (shares)

Share) (yuan) (share) ratio

Pan Xinxin 51800 0.019% 2021 / 12 / 24 centralized bidding 16.21 839,67 156,00 0.05 ~ 2022 / 1 / 17 price transaction -16.21 8 0.8%

(II) whether the reduction is consistent with the plans and commitments previously disclosed by the major shareholders or the directors, supervisors and senior executives

√ yes □ no

(III) during the reduction period, whether the listed company discloses major events such as high transfer or planning merger and reorganization

□ yes √ no

(IV) impact of this reduction on the company

The implementation of the share reduction plan will not lead to the change of the company's control and will not affect the company's governance structure

Impact on going concern.

(V) other matters required by the exchange

The company will continue to pay attention to the implementation of the reduction plan and timely perform the obligation of information disclosure in accordance with relevant regulations.

3、 Relevant risk tips

(I) uncertainty risk of the implementation of the reduction plan, such as the preconditions and restrictive conditions for the implementation of the plan

And the specific circumstances of the achievement or elimination of relevant conditions.

(II) whether the implementation of the share reduction plan will lead to the risk of change in the control of the listed company □ yes √ no

(III) other risks

None.

It is hereby announced.

Inly Media Co.Ltd(603598) board of directors January 17, 2022

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