BEIJING MEDIA (01000) completed the sale of the target property through public listing.

BEIJING MEDIA (01000) has issued an announcement regarding the possible main and related transactions of the target property to be sold by public listing. The public listing announcement period has ended, and the Beijing Stock Exchange has informed Beijing Youth Outdoor, Capital Limited (Capital) as the successful bidder for the target property on December 26, 2024, with a winning bid of RMB 20,706,530.4 (final price), the same as the initial bid price for the target property. Capital is a limited company registered in China and a subsidiary of First Capital Group, the controlling shareholder of our company. Capital mainly engages in securities brokerage, investment banking, and investment management. The ultimate controlling shareholder of Capital is the Beijing State-owned Assets Supervision and Administration Commission.