ATV HOLDINGS (00707) announced that, following a court order, the defendant directors were removed from the board effective August 12, 2025. This left only two directors remaining: Ms. Zha Mengling and Mr. Liu Minbin, who continue to serve as executive directors. At a board meeting held on September 4, 2025, which included Ms. Zha and Mr. Liu, resolutions were passed appointing Mr. Cao Haohao, Mr. Dai Lei, and Mr. Kuang Feng as independent non-executive directors of the company, effective the same day. After the court-ordered removal of the defendant directors, their respective positions on the company's audit, remuneration, and nomination committees were also terminated, effective August 12, 2025. Subsequently, Mr. Cao submitted his resignation as an independent non-executive director, effective March 8, 2026, citing his desire to dedicate more time to other personal commitments. Following his resignation, Mr. Cao no longer serves as chairman of the audit committee or as a member of the remuneration and nomination committees.