Tian Ge Interactive Holdings Limited (Tian Ge, Stock Code: 1980) announced the establishment of an Independent Board Committee in relation to a partial offer from Sina Hong Kong Limited (the Offeror), as disclosed in announcements dated 21 January 2026 and 4 February 2026. The Independent Board Committee consists of three independent non-executive directors, namely, Mr. Tse Ming Lun Alan, Mr. Wang Mingchun, and Mr. Lam Yick Man.

Ms. Cao Fei, a non-executive director and chief financial officer of Weibo Corporation, was not appointed to the committee, as Weibo Corporation and the Offeror are both controlled by Sina Corporation. This relationship was declared to the board accordingly.

Red Sun Capital Limited has been named the independent financial adviser, licensed to perform Type 1 and Type 6 regulated activities under the Securities and Futures Ordinance. It will advise both the Independent Board Committee and independent shareholders on whether the partial offer terms are fair and reasonable and whether to accept them. The board stated that this advice, together with the committee’s recommendations, will be included in a forthcoming response document.