Xinhua News Media Holdings Limited (309) announced on 30 October 2025 that it has received an originating summons and a related summons filed by the Requisitionist regarding the validity of certain extraordinary general meeting (EGM) resolutions and subsequent board appointments.

The originating summons challenges, among other matters, the validity of EGM resolutions concerning the appointment and removal of several directors, along with decisions made during two recent board meetings on 13 October 2025 and 17 October 2025. The Requisitionist seeks court orders to confirm the validity of the EGM resolutions, invalidate the referenced board meeting decisions, and restrain certain individuals from acting as directors. The summons also includes an application for interlocutory injunctions, with a court hearing scheduled on 31 October 2025.

The announcement states that the Company is contesting the proceedings and has instructed its legal representative to file an acknowledgment of service. Further updates will be provided in accordance with the Listing Rules. The announcement advises shareholders and potential investors to exercise caution when dealing in the Company’s securities.