XH NEWS MEDIA (00309) has announced that the company and the requisitioning parties reached an agreement on February 3, 2026, under which they will apply to the Hong Kong High Court for a consent summons to discontinue the legal proceedings initiated by the originating summons and to cancel the hearing on the substantive arguments of the summons. Furthermore, effective from February 3, 2026: Mr. Lin Shuang and Mr. Chen Ruiting have been appointed as Executive Directors; Mr. Yuan Jiatai has been appointed as a Non-Executive Director; and Mr. Mei Jiben has been appointed as an Independent Non-Executive Director. Mr. Zhang Jianhua has resigned as an Executive Director and Ms. Fang Min has resigned as a Non-Executive Director, effective from February 3, 2026, in order to devote more time to their other business affairs. Consequent to the aforementioned board changes, effective from February 3, 2026: Mr. Yuan and Mr. Mei have been appointed as members of the company's Audit Committee; Mr. Lin and Mr. Mei have been appointed as members of the company's Nomination Committee; and Mr. Lin, Mr. Chen, and Mr. Mei have been appointed as members of the company's Remuneration Committee.