Television broadcast (00511): Xu Jing will transfer the rights of the YLH shares he holds to the Chairman of the Board of Directors, Xu Tao.

Financial APP news, TV and radio (00511) announced that the company's Chairman, Mr. Xu Tao (Mr. Xu) and Mr. Xu Jing (Mr. Xu) have signed a sale agreement, in which Mr. Xu agrees to transfer the rights to his YLH shares to Mr. Xu (this transaction). YLH is an indirect subsidiary of the Shaw Brothers Limited, which currently holds 1.168 billion shares of the company as of the date of this announcement.