BEIJING, July 12,
2021 /PRNewswire/ -- Phoenix New Media Limited (NYSE:
FENG), a leading new media company in China ("Phoenix New Media", "ifeng", or the
"Company"), today announced that it will hold its annual general
meeting of shareholders at Sinolight Plaza, No. 4 Qiyang Road,
Wangjing, Chaoyang District, Beijing 100102, People's Republic of China on August 12, 2021 at 2:00
p.m.
Holders of record of ordinary shares of the Company at the close
of business on July 12, 2021 are
entitled to notice of, and to vote at, the annual general meeting
or any adjournment or postponement thereof. Holders of the
Company's American depositary shares ("ADSs") who wish to exercise
their voting rights for the underlying Class A ordinary shares must
act through the depositary of the Company's ADS program, JPMorgan
Chase Bank, N.A.
The notice of the annual general meeting, which sets forth the
resolutions to be submitted to shareholder approval at the annual
general meeting, is available on the Investor Relations section of
the Company's website at http://ir.ifeng.com, among others, the
board of directors (the "Board") proposes to elect Mr. Yusheng Sun as a director of the Company after
Mr. Keung Chui retires from the
Board at the annual general meeting to be held on August 12, 2021. The Board has also resolved to
appoint Mr. Sun as the chairman of the Board and the appointment
will be effective after the election of Mr. Sun as a director of
the Company.
Mr. Sun, aged 61, is the Executive Director, Deputy Chief
Executive Officer and Editor-in-Chief of Phoenix Media Investment
(Holdings) Limited, the Company's parent company. Mr. Sun had
served in China Central Television
for more than 30 years. He was the vice president, deputy
editor-in-chief and director of the news centre. He has accumulated
extensive experience and good reputation in the television
broadcasting industry. He was awarded the "Top Ten Outstanding
Youth in China" in 1995. Mr. Sun
was the awardee of the State Council Special Allowance and was
elected as the vice president of the Asia-Pacific Broadcasting
Union ("ABU") in 2017, the first Chinese national to become a
senior official in ABU. Mr. Sun is a part-time professor at the
School of Journalism and Communication at the Tsinghua University.
He graduated from Jilin University
with a bachelor's degree in economics and holds the professional
qualification of senior editor granted by the Ministry of Radio,
Film and Television, China. His
book "Ten Years" has a profound influence on the academic and media
fields, and is a designated extracurricular reading for many
journalism college students.
Shareholders may obtain a copy of the Company's 2020 annual
report, free of charge, from the Investor Relations section of the
Company's website at http://ir.ifeng.com/, or by contacting Phoenix
New Media Limited at Floor 16, Sinolight Plaza, No. 4 Qiyang Road,
Wangjing, Chaoyang District, Beijing 100102, People's Republic of China, attention: Qing
Liu, telephone: +86 (10) 6067-6000, email:
investorrelations@ifeng.com.
About Phoenix New Media Limited
Phoenix New Media Limited (NYSE: FENG) is a leading new media
company providing premium content on an integrated Internet
platform, including PC and mobile, in China. Having originated from a leading global
Chinese language TV network based in Hong
Kong, Phoenix TV, the Company enables consumers to access
professional news and other quality information and share
user-generated content on the Internet through their PCs and mobile
devices. Phoenix New Media's platform includes its PC channel,
consisting of ifeng.com website, which comprises interest-based
verticals and interactive services; its mobile channel, consisting
of mobile news applications, mobile video application and mobile
Internet website; and its operations with the telecom operators
that provides mobile value-added services.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by words or phrases
such as "aim," "anticipate," "believe," "estimate," "expect,"
"intend," "likely to," "may," "plan," "will" or other similar
expressions. These forward-looking statements are based largely on
current expectations and projections of Phoenix New Media and its
management about future events and financial trends that management
believes may affect Phoenix New Media's financial condition,
results of operations, business strategy and financial needs.
Statements that are not historical facts, including statements
about the beliefs and expectations of Phoenix New Media or its
management, are forward-looking statements. Phoenix New Media also
may make written or oral forward-looking statements in its periodic
reports to the U.S. Securities and Exchange Commission ("SEC") on
Forms 20-F and 6-K in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties.
Forward-looking statements involve inherent risks and uncertainties
and you should not rely upon forward-looking statements as
predictions of future events. A number of factors could cause
Phoenix New Media's actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: the Company's growth strategies,
including without limitation strategies to grow particular products
or services; the Company's future business development, results of
operations and financial condition; expected changes in the
Company's revenues, including in components of its total revenues,
and cost or expense items; the Company's ability to continue and
manage the expansion of its operations; and changes in general
economic and business conditions in the
People's Republic of China. Further information regarding
these and other risks is included in the Company's filings with the
SEC, including its registration statement on Form F-1, as amended,
and its annual reports on Form 20-F. The forward-looking statements
made in this press release relate only to events or information as
of the date on which the statements are made in this press release.
Phoenix New Media does not undertake any obligation to update or
revise publicly any forward-looking statements, whether as a result
of new information, future events or otherwise, after the date on
which the statements are made or to reflect the occurrence of
unanticipated events, except as required under applicable law.
For investor and media inquiries please contact:
Phoenix New Media Limited
Qing Liu
Email: investorrelations@ifeng.com
ICR, Inc.
Robin Yang
Tel: +1 (646) 405-4883
Email: investorrelations@ifeng.com
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SOURCE Phoenix New Media Limited