Xinhua News Media Holdings (309) announced that its Board of Directors approved and adopted the Terms of Reference for the Strategy and Investment Committee on 13 February 2026. The document sets out membership requirements, outlining that the Committee must comprise at least three directors, including executive, non-executive, or independent non-executive directors. The chairman is appointed by the Board, with a quorum of two members required for Committee meetings. The secretary role is fulfilled by the company secretary.

The Committee is scheduled to meet at least twice a year and has the duty to review the company’s mission and long-term strategic direction, assess market positioning, and recommend major investments and mergers or acquisitions. It also monitors the implementation of strategic initiatives, evaluates returns on investment projects, and reports its findings to the Board. The Committee has the authority to request relevant information from management, engage external professional advisers at the company’s expense, and make strategic recommendations within its defined scope. The Board retains the authority to amend or revoke these Terms of Reference as necessary.