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芒果超媒:2024年度ESG暨社会责任报告(英文版)

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2024

ESG & CSR Report

Mango Excellent Media Co. Ltd.1About This Report

The 2024 ESG & CSR Report of Mango

Excellent Media Co. Ltd. is the sixth

ESG/social responsibility report

published by Mango Excellent Media Abbreviations

Co. Ltd. since its listing. The report Reporting period

aims to communicate with various For ease of presentation and reading in this report Mango Excellent Media Co. Ltd. is referred to as "Mango The reporting period is from January 1 2024 to December

stakeholders frankly on the ESG Excellent Media" or the "Company".31 2024. To improve the comparability and forward-looking

concepts practices and performance nature of the report some contents have been extended The full names and abbreviations of some of its subsidiaries involved in the report are as follows:

of the Company and systematically moderately to the previous and subsequent years.respond to the expectations and Hunantv.com Interactive Entertainment Media Co. Ltd.: Happy Sunshine (Mango TV)

demands of stakeholders. Hunan Golden Eagle Cartoon Media Co. Ltd.: Golden Eagle Cartoon

Xiaomang Electronic Commerce Co. Ltd.: Xiaomang E-Commerce

Release cycle Happigo Co. Ltd.: Happigo

Shanghai EE-Media Co. Ltd.: EE-Media

This report is issued annually and is released

together with the Company's annual report.Preparation basis

Guidelines No. 17 for Self-Regulation of Listed Companies - Sustainability Reporting (Trial)

Reporting data

The United Nations Sustainable Development Goals (SDGs)

The data used in this report is derived from the Company's GRI Sustainability Reporting Standards (GRI Standards)

internal statistical data and public data of government Guidelines on Sustainability Reporting for Chinese Enterprises (CASS-ESG 6.0) issued by the Chinese Academy

departments and third-party agencies. The financial data of Social Sciences (CASS)

in this report are denominated in RMB and if there is any

GB/T 36001-2015 Guidance on Social Responsibility Reporting

inconsistency with the financial report the financial report

shall prevail. International Standard ISO 26000 Guidance on Social Responsibility 2010

Reporting scope Report version and access

The report covers Mango Excellent Media Co. Ltd. and its The Chinese version of this report is disclosed simultaneously. In the event of any discrepancy between the English

main subsidiaries. and Chinese versions the Chinese version shall prevail. Both the English and Chinese versions are available

electronically at http://www.cninfo.com.cn. In case of any questions or suggestions about the report please send

an email to mangocm@mangocm.com or call (0731) 82967188.CONTENTS

43 About Mango Excellent Media 75 Social Responsibility 135 Appendix

Preface 43 Development Strategy 77 Product Quality and User Rights 135 Highlight Programs

43 ESG Management 82 Information Security & Data and Intelligence-Driven Development 141 Key Performance

01 Message from the Secretary 47 Honors of the Year 92 Responsible Procurement and Supply Management 142 Index of indicators

of the Party Committee

95 Industry Exchange and Value Co-Creation 146 Reader Feedback

03 Message from the Chairman

100 Employee Growth Health and Safety

05 Annual Feature: The Mango's 115 Rural Revitalization and Social Contribution

Practice in the Integration of

Culture and Technology

11 A Powerful Platform: The "Decisive 51 Governance Responsibility 125 Environmental Responsibility

Factor" in High-Quality Development

17 Premium Content: The "Moat" for High- 53 Party Building Leadership and Thematic Education 127 Environmental Protection and Climate Action

Quality Development

59 Corporate Governance and Investor Relations 131 Energy Management and Resource Conservation

31 Innovative Technologies: The Management

"Accelerator" for High-Quality

Development 68 Risk Identification and Internal Control

70 Fair Business Practices Anti-Corruption and IntegrityMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Message from the Secretary of the Party Committee

As time passes and the seasons change each day brings forth new milestones. The scroll of time has gradually unfolded to 2024. We

have witnessed one inspiring Mango narrative after another taking on significant responsibilities with unwavering dedication.Holding high the banner and staying true to our original aspiration social emotions and sincerely listen to the voices of the public. Works

we continuously enhance our commitment to fulfilling the mission such as Romance in the Alley The City of Sunlight and Begin Again

as a mainstream media.General Secretary Xi Jinping has bestowed delicately portray the ordinary people who strive in the grand era.upon public communication and culture workers in the new era a new Singer 2024 brings a fresh wave to the music variety show landscape

cultural mission: to anchor the goal of building China into a leading while Ride The Wind 2024 and Call Me By Fire S4 further promote

country in culture and to continually push ahead with the building of healthy and positive pop culture. We strive to forge a reciprocal synergy

a cultural sector with Chinese characteristics. As a Party media and a between culture and technology where each enhances the other.state-owned enterprise inheriting the red gene Mango is destined to Documentaries like Admonitions to Officials in China and Mawangdui's

be a value-driven media and mission-oriented group. Mangoers are a Immortal Years interpret new aesthetics with new quality productive

group of people with a sense of mission and responsibility. We bear the forces and empower new ways of communication allowing the

ambition of advancing the cultural sector in mind and consciously align audience to engage in a cross-temporal and spatial dialogue through

ourselves with the strategic goal of building China into a leading country immersive virtual experiences. We deeply understand that the people-

in culture considering the ideas of "following where the Party directs and centered creation orientation is not only a spiritual totem deeply

pursuing what is paramount for the nation" as part of our very being. embedded in every Mangoer but also the key to the Company's solid

Under the theme of "Brightness Action for Chinese Modernization" we foundation and long-term success.strive to be advocates of mainstream values and trendsetters in social Expanding beyond borders and undertaking a cultural odyssey

customs. Five of our works were awarded the Best Works Award by the we emphasize the global value of our external communication

Publicity Department of the CPC Central Committee. We have heeded from a multi-faceted perspective. We embrace the national mission

the call of our mission becoming a main force and a vanguard in building and take the promotion of cultural exchange globally as one of our

a leading country and province in culture. key development strategies. With a global vision we have built a

Through mutual support and empowerment we actively fulfill communication ecosystem and actively drive the implementation of

our people-centered social responsibilities.In the modern business the "Double Growth Plan" to achieve substantial results. The Mango TV

environment the value of a company is not only determined by profits International App has undergone a technological upgrade achieving

but also by key ESG indicators. We continue to strengthen investor 271 million cumulative downloads and covering 195 countries and

confidence by disclosing our corporate social responsibility report for regions worldwide. With cultural confidence as our foundation we

six consecutive years establishing a positive corporate image and value have created breakthrough content with global appeal. Iconic IPs

trend in the capital markets. We empower the growth of our employees like The Chinese Restaurant and Divas Hit the Road have set sail

by providing diverse career development paths. Activities such as internationally introducing Eastern aesthetics and the Mango brand

Mango Youth Talk and the 1% Creative Election allow young people to global audiences. Through localized operations we have broken

Gong Zhengwen to stand at the forefront. Moreover we have dedicated ourselves to cultural barriers and collaborated with local media and institutions diversified public welfare practices such as rural revitalization public in countries such as Vietnam Singapore and Malaysia. Through the

welfare education support and ecological protection. Through the "Overseas Super Partner Program" we have fostered cross-national

Hunan Broadcasting Film Group Co. Ltd. Mango Public Service Platform we have created an "Internet + Public resonance as an old Chinese saying goes "True friendship brings

(Hunan Broadcasting System) Welfare" ecosystem launching a total of 105 charity projects and were people close however far apart they may be." Our programs have

Party Committee Secretary Chairman selected as one of the "2024 Top 10 Outstanding New Media Public received praise from UNESCO world leaders and embassies and

President and Editor-in-Chief Service Cases in China". For us as a Party media and a state-owned consulates in China.enterprise regardless of the scale or scope of our work caring for our Even the highest mountain is conquered step by step.With our

users employees and society is always a fundamental responsibility

Mango Excellent Media Co. Ltd. eyes on the future we will remain steadfast in implementing Xi and the cornerstone of our value. Jinping Thought on Culture. Driven by a strong sense of urgency and

Party Committee Secretary

Like spring breeze and rain gently nourishing the heart we deeply unwavering perseverance we will press forward in high spirits and join

care for the diverse emotions of the public.As a media of the people hands with our audience and partners to embark on the journey of

we are committed to producing high-quality audiovisual content that building China into a leading country in culture in the new era.resonates with both refined and popular tastes. We actively respond to

01 02Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Message from the Chairman

2024 was an extraordinary year. This year Mangoers united under this mission moved with determination and vigor and

strengthened the dual engines of "content + technology" accelerating the integrated development of culture and technology. Mango

Excellent Media was honored for the fifth time as one of the "Top 30 Cultural Enterprises in China" and ranked 19th among "2024 Top

100 Chinese Internet Companies by Comprehensive Strength"—the only state-controlled enterprise among the top 20.

Over the past year we held aloft the torch of thought advancing ink we wrote a new chapter in innovation positioning ourselves as a source of

mainstream communication with depth and substance. As a Party- key technologies a cradle for groundbreaking achievements and a gathering

affiliated media organization we maintained absolute loyalty and focused place of application scenarios in the integration of culture and technology.on fulfilling our new cultural mission in the new era. We gave prominence Over the past year we focused on resource integration strengthening

to ideological guidance by deepening the top story project featuring "Xi's ecosystem synergy to expand new frontiers.Building a new Mango

Moments" at the top of the homepage of Mango TV. Throughout the year ecosystem is not only a necessary passage toward achieving high-quality

we completed 150 publicity projects and 228 special features on key development but also an essential choice in fulfilling our new cultural

topics and narratives strengthening mainstream ideological discourse. mission. Mango TV's membership reached 73.31 million with membership

Remaining true to our content-driven mission we produced high-quality revenue surpassing the RMB 5 billion mark for the first time. Xiaomang

mainstream works and won 255 awards for our content across mainstream E-Commerce achieved a compound annual growth rate (CAGR) of 125%

categories achieving a "grand slam" of major honors including the Best in GMV over four years. Golden Eagle Cartoon's premium study tour brand

Works Award Flying Apsaras Award Golden Eagle Award Magnolia Award "Super Star of Mango" engaged 120 million youths. EE-Media brought

and Starlight Award. Mango's starlight to the National Stadium (Bird's Nest) Victoria Harbour

Over the past year we built a stronghold for quality content creating and Macao Tower. Happigo focused on the silver economy achieving

programs that captivated audiences and stood out in the market. We breakthroughs in strategic transformation. The Mango ecosystem continued

upheld fundamental principles while breaking new ground continually to evolve with enriched offerings. Each platform supports and complements

explored optimal models for content production and organization and one another thereby gradually forming a closed-loop ecosystem featuring

worked harder to establish a new ecosystem encompassing long medium strong platform-driven traffic full coverage of vertical platforms and

and short video content. We introduced an innovative "Track Leader" commercial platforms as the safety net.mechanism and launched 160 variety shows throughout the year maintaining Over the past year we enhanced corporate governance ensuring

our industry-leading position in effective viewership and holding five spots standardized operations and bringing together collective momentum

among the top ten variety shows. Mango TV drama productions like Romance and strength. We continued to implement the "two unwavering

in the Alley and Flourished Peony garnered acclaim. Among Douban's top commitments"—upholding the Party's leadership over state-owned

ten highest-rated Chinese-language dramas three were Mango productions. enterprises and improving the modern corporate governance system

We also established a Micro-Innovation Center and our 10 micro-dramas with Chinese characteristics. We enhanced scientific and standardized

including The Story of Suzhou were selected by the National Radio and decision-making at the board level laying a solid governance foundation

Television Administration for its "Travel with Micro-Dramas" campaign. for sustainable high-quality growth. We have been consecutively recognized

Over the past year we actively explored the integration of culture and by the China Association for Public Companies as an "Excellent Case of the

technology achieving tangible results through practical innovation Board of Directors of Listed Companies". With a focus on investor-centricity

and effective solutions. We spared no effort to respond to the imperative we formulated and implemented a "dual improvement" action plan to

of culture-technology integration. As a leading cultural enterprise in boost both quality and returns. For six consecutive years we have received

Cai Huaijun Hunan Province this is both our conscious responsibility and the only the highest rating in information disclosure assessments from the Shenzhen

way to leverage our strengths in content and technology seize strategic Stock Exchange. We also advanced sustainable development and gradually

Hunan Broadcasting Film Group Co. Ltd. opportunities to empower the cultural industry with the momentum integrated ESG principles into our corporate governance system. Our efforts

(Hunan Broadcasting System) of emerging technologies and cultivate new growth drivers for high- earned us an AA rating from the CSI Index in terms of our ESG performance.Deputy Secretary of the Party Committee quality development. The Mango LLMS became one of the first in China's With the tide rising and the wind in our sails we are poised to set

General Manager and Deputy President broadcasting industry to be officially approved by the Office of the forth. As the 14th Five-Year Plan draws to a close and the 15th begins to

Central Cyberspace Affairs Commission laying a foundation for future AI take shape Mango Excellent Media stands at a pivotal juncture—a year of

development. This year over 70 innovative applications from the "Mango opportunity transformation and advancement in pursuing the integration

Mango Excellent Media Co. Ltd. Intelligent Agent Platform" were successfully deployed. Among them of culture and technology. We will continue to leverage the synergy

the AI director "AIM" received recognition from the Publicity Department

Deputy Party Committee Secretary of "culture + technology" decode the broadcasting DNA innovatively of the CPC Central Committee; and several of our projects including the reconstruct our digital blueprint and forge ahead as a trailblazer in culture-

and Chairman Supercomputing Power Cloud Production Platform were selected as technology integration writing a new chapter of high-quality development

exemplary cases of the audiovisual system by the Ministry of Industry and for Mango in the years to come.Information Technology. With technology as the brush and culture as the

03 04Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

The Mango's Practice in the

Integration of Culture

and Technology

General Secretary Xi Jinping's Four Important Instructions on

the "Integration of Culture and Technology"

General Secretary Xi Jinping during an inspection of Malanshan Video Cultural Resolution of the Central Committee of the Communist Party of China (CPC) on Further

and Creative Industrial Park September 2020 Deepening Reform Comprehensively to Advance Chinese Modernization adopted at the

third plenary session of the 20th CPC Central Committee July 2024

The integration of culture and technology not only fosters new forms of cultural business and We will refine the systems for cultural industries and markets as well as economic policies concerning the

extends the cultural industry chain but also attracts a wealth of innovative talents. It is a sunrise development of the cultural sector. We will explore effective mechanisms for integrating culture with science and

industry with a promising future. technology and step up our efforts to foster new forms of cultural business.General Secretary Xi Jinping during his visit to Hunan Province The 17th group study session of the Political Bureau of the CPC Central Committee

March 2024 October 2024

We should explore effective mechanisms for the integration of culture and technology expedite the Efforts should be made to achieve cultural development and transformation through digitalization and

development of new forms of cultural business transform and upgrade traditional ones and foster more informatization by exploring effective mechanisms for integrating culture with science and technology turning

new growth drivers in this sector." "We should leverage digital technology to innovate cultural expression our strengths in cultural resources into cultural growth advantages.forms and dissemination methods enhancing the appeal influence and reach of our culture.

0506

Annual FeatureMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Actively Exploring a Path for Deep Integration of Culture and "The Integration of Culture and Technology"—A Shared Vision at Mango

Technology with Hunan Characteristics

If we fail to seize the immense opportunities brought by

science and technology in promoting cultural communication

we will lose our grasp on the future. We recognize that on the

one hand the broadcasting and audiovisual industry beyond

its role in news dissemination relies on cultural creativity to

stand out and lead the way. On the other hand the radio and

television industry is born from and propelled by technology

with the rise of the Internet and new media fundamentally

rooted in technological advancements. This dual nature—both

cultural and technological—is embedded in the DNA of the

industry. Therefore we should firmly anchor ourselves in the

"integration of culture and technology" as the guideline and

drive content platform and industry upgrades through new

quality productive and communicative forces. This is not only

Shen Xiaoming Secretary of the CPC Hunan Provincial Committee and Director of the Scientific and Technological Commission a great question presented by General Secretary Xi in this new

under the CPC Hunan Provincial Committee excerpted from a signed article titled "Actively Exploring a Path for Deep Integration of era but also the only path to high-quality development."

Culture and Technology with Hunan Characteristics" published on the front page of Science and Technology Daily

——Gong Zhengwen The Mango's Practice in the

Integration of Culture and Technology

Stepping up innovative efforts in forms of business Enhancing mutual empowerment to elevate

and working hard to foster and develop new quality the quality and effectiveness of civilizing the "Integrating technology and culture opens up greater

productive forces in the cultural sector people through cultural development

possibilities innovation and space for short medium

Relying on its profound cultural heritage and the vigorous waves The deep integration of culture and technology significantly and long video creation driving the emergence of more

of technology Hunan is concentrating efforts on key areas such enhances cultural creativity expression and dissemination innovative artistic forms. In this new era we should

as audio-visual content and equipment digital cultural heritage forging a reciprocal synergy between technological innovation give a satisfactory answer to the important question of

animation and gaming digital and intelligent publishing fusion of and cultural development. Hunan is committed to taking the integration of culture and technology which is not

culture and tourism and digital cultural trade. By transforming and advantage of science and technology and fully leveraging merely a simple 'mathematical addition' but a more

upgrading traditional forms of cultural business in a coordinated digital technology to promote the creative transformation and valuable 'comprehensive question."

way and fostering and expanding new forms the province aims to innovative development of fine traditional Chinese culture.cultivate new drivers for high-quality development through deep

integration of culture and technology. ——Cai Huaijun Solving a More Valuable

"Comprehensive Question"

Strengthening the guarantee of factors to vigorously Deepening reform and innovation to refine

attract and nurture high-quality systems and mechanisms conducive to the

talents and enterprises integration of culture and technology

Hunan is rolling out and refining policies and measures to The integration of culture and technology is at its core a

support culture-technology integration further optimizing process of reform and innovation that requires breaking barriers

industrial R&D and financial ecosystems and extensively unlocking potential and strengthening guarantees through

attracting enterprises talents and cutting-edge technological reform-based thinking and approaches. Hunan is advancing

forces committed to promoting the integration of culture and research on integration strategies and innovations in science

technology from across China and beyond to Malanshan. and technology systems and enhancing the coordinated and

With these efforts the province aims to position Malanshan interconnected mechanisms across publicity culture education

as a source of key technologies a cradle for groundbreaking science and technology industry and information technology

achievements and a gathering place of application scenarios in finance and other departments to pool province-wide efforts for

the integration of culture and technology. the integration of culture and technology on a broader scale.

07 08Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

The integration of culture and technology has become a Mango Excellent Media is the pioneering flagship new media enterprise in the Mango ecosystem

common consciousness and shared vision at Mango of the Hunan Broadcasting System in practicing the integration of culture and technology

The Hunan Broadcasting System has redoubled efforts to build a mainstream new media group that integrates culture As the only state-controlled long video new media platform in the A-share market the Company serves as an important

and technology while achieving both social and economic benefits. Firmly anchoring ourselves in the "integration of reform achievement of Hunan Broadcasting System in responding to the Central Government's strategy of boosting

culture and technology" as the guideline we have been driving content platform and industry upgrades through new integrated media development and has been awarded as one of the first national radio and television media integration

quality productive and communicative forces. units by National Radio and Television Administration. Relying on Mango's integrated media ecosystem the Company strives

to establish an ecological matrix with multi-points connected by one network by integrating key elements and resources

with the Internet video platform Mango TV at the core and the entire industrial chain control and ecological coordination as

a guiding principle. Ultimately we aim to develop ourselves as a mainstream new media group with strong guiding capacity

communication capability and competitiveness. Our main business includes Mango TV's Internet video business new media

interactive entertainment content production and content e-commerce.Actively responding to the call for culture-technology integration is not only a conscious initiative by Mango Excellent Media

as a leading cultural enterprise in Hunan Province but also an inevitable move to leverage its strengths in content and

technology to seize emerging strategic opportunities brought by new technological trends to the development of the cultural

industry and to foster new drivers for high-quality development.Overall

To build a mainstream new media group that integrates culture and technology

Strategic

while achieving both social and economic benefits

Objective

Deep integration of culture and technology Among them the "integration

Three Sub- 2024 marks a decisive and critical year in Mango's journey toward the integration of culture and technology. The

Deep integration of traditional and new media of culture and technology" is

Strategies Company has thoroughly studied and understood General Secretary Xi Jinping's important speeches and instructions

Deep integration of culture and tourism at the core. on cultural development during his visit to Hunan and focused on building a dual-engine model of "content +

technology" by firmly securing the decisive edge of "culture + technology".

09 10Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Xiaomang E-Commerce—The Leading Trendy Shopping Hub for Young Consumers

A Powerful Platform: The "Decisive Factor" in High-Quality Development Xiaomang a content e-commerce platform is a strategic deployment by Hunan

—Building a Super Digital and Intelligent Communication Platform Broadcasting System based on closed-loop IP monetization and also serves as a

Integrating "Long Medium and Short Video Content" key link in the commercialization and monetization of the entire Mango ecosystem's

downstream operations. The platform aims to extend the Mango industry chain

and further commercialize the value of its content and brand. After four years

The future belongs to those who own powerful platforms. In 2024 Mango Excellent Media fully concentrated on of development Xiaomang has precisely positioned itself in the youth market

building a super digital and intelligent communication platform with powerful functions economies of scale data showing strong platform growth. In 2024 Xiaomang continued to race ahead in the

elements and leading technologies and establishing a platform matrix with Mango TV as its flagship featuring a content e-commerce track. The annual Gross Merchandise Volume (GMV) exceeded

multi-faceted layout and an integration of long medium and short video content while balancing technological RMB 16 billion with a four-year compound annual growth rate (CAGR) of 125%.innovation with commercial value. With these efforts Mango Excellent Media has secured a decisive edge in the high- The platform has introduced integrated innovative products such as immersive

quality development of a mainstream media group. shopping experiences super live-streaming rooms and digital shopping guides and

launched cross-platform and cross-IP collaborations such as "Mango Broadcast"

with No. 1 fashion brand traditional Chinese mecha collectibles and IP-themed

Case Mango TV—Top 1 among State-Controlled Internet Long Video Enterprises collectible cards ranking among the top in their respective segments. "IP Derivative

Youth Innovation Lab" was established by the platform to expand into cultural and

Mango TV the core brand resource and competitiveness of Hunan Broadcasting creative derivatives and offline retail sectors.System serves as the flagship of leading digital and intelligent communication

platforms. After a decade of development Mango TV has become one of the top

three in the long video industry and ranked first among state-controlled Internet

enterprises. It has been recognized multiple times as a National Cultural Export

Key Enterprise and is the first long video website in China to achieve profitability

remaining profitable for seven consecutive years. Currently Mango TV is actively

implementing its "Leap Forward Plan".In 2024 Mango TV reached 73.31 million active paid subscribers a new record. The Mango TV International App's "Double

Growth Plan" also delivered remarkable results doubling its annual downloads and overseas revenue. Mango TV continued

to solidify its leadership in variety shows with flagship programs following the formula of a mega-hit. According to Yunhe Data

Mango TV secured five of the top ten spots in the 2024 nationwide rankings for online variety shows including See You Again S4

Ride The Wind 2024 Who's The Murderer S9 Divas Hit The Road and Call Me By Fire S4. Among the Top 10 most-watched TV

variety shows Mango TV secured four positions including Singer 2024 Hello Saturday 2024 The Chinese Restaurant S8 and

Run for Time · Duel Season. Moreover Mango TV actively expanded the reserve of film and television dramas with TV drama

investments gradually entering the production cycle. In Douban's 2024 rankings of the top ten highest-rated Chinese dramas

Mango TV secured three spots with Romance in the Alley The Forerunner and The City of Sunlight. With high-quality long video

content Mango TV's membership business saw both volume and revenue growth surpassing RMB 5 billion in annual revenue

for the first time an 18% year-on-year increase.Xiaomang continues to innovate business models by integrating self-developed technology platforms original content

placement and long video platform membership conversion. The platform is now fully connected with Mango TV's user

system enabling seamless "watch-and-buy" experiences. Since launching external financing Xiaomang has gained significant

attention from capital markets. Investors widely believe that Xiaomang leverages the Mango ecosystem's advantages to create

emotionally appealing products and services seizing the new trend of emotion-driven consumption. Xiaomang has successfully

secured an A1-round capital increase in its external financing and is now preparing for the A2 round. Subsequently Xiaomang

plans to initiate its B-round financing to further integrate with the "culture + technology" strategy by leveraging rich industrial

resources in the capital market aiming to establish itself as the third major growth pillar of the Mango ecosystem and the most

commercially valuable platform of the next decade.

11 12Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Mango TV International App—"Mango Globalization 2024" Initiative

Under the "Mango Globalization 2024" initiative the Mango TV The Mango TV International App has accumulated 271 million downloads The "Overseas Super Partner Program" has successfully completed the strategic signing of a China-Vietnam joint venture

International App has achieved "double growth" in both user and supports seamless switching between 8 interface languages and 17 pioneering innovative cultural dissemination initiatives. Additionally strategic cooperation agreements have been signed

base and revenue. With "Mango TV" (Mango TV International subtitle languages. An Arabic interface is set to launch soon expanding its with Tourism Malaysia and the Singapore Tourism Board fostering all-around collaboration in areas such as content co-

App) as the main platform Mango TV adheres to the reach to 195 countries and regions worldwide. The top five countries and creation cultural and tourism development and integration of business forms.international product philosophy i.e. "local experience global regions with the biggest number of active users are Malaysia Indonesia

reach". By upgrading platform technology leveraging self- the United States Taiwan (China) and the Philippines. In terms of user

developed China-standard ultra-HD technology and ensuring demographics the platform is particularly popular among young users

localized infrastructure deployment Mango TV has undergone globally with those aged 18–24 accounting for 58.7% of the user base. In

a comprehensive platform transformation achieving a global October 2024 the Mango TV International App underwent an intelligent

leap from traditional content export to full-scale platform upgrade with the product philosophy of "global design localized

globalization. experience". The upgrade focused on technological innovation and user

experience optimization introducing 3D spatial audio and Vivid picture

technology to significantly enhance audio-visual quality. The content

sections feature a minimalist design for instant access while the immersive

player operates smoothly and seamlessly enabling global users to

navigate the platform effortlessly and engage with content quickly.Enhanced home page for a more "direct" browsing experience for international users

Comprehensive "Localized" content on the playback page to reduce barriers for non-Chinese-speaking audiences

Upgrade of

Mango TV

"Integrated" search library to maximize content discoverability

International

App

Completed a globalized transformation and upgrade of the entire core user journey of "Home –

Playback – Search – Profile"

Introduced self-developed China-standard technologies such as "Dual Vivid" ultra-HD technology

and "LingoSail" multilingual management system internationally

13 14Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Golden Eagle Cartoon—The Most Influential Children's Media Platform in China Case Mango Ecosystem Expansion Conference Held

Golden Eagle Cartoon as the most influential children's media platform in China has leveraged The Mango Ecosystem Expansion Conference brought together six major innovation platforms and introduced seven track leaders

resources in the Mango ecosystem to produce blockbuster variety shows and animated unveiling over 300 new content projects. Subsidiaries across the ecosystem participated in forming a new Mango ecosystem

IPs across both big and small screens and has successfully expanded into offline industrial that integrates long medium and short video content enhances audio-visual synergy and enables multi-directional resource

business forms such as theme parks study tours children's competitions and derivatives. flow. Meanwhile a platform matrix featuring "strong platform-driven traffic full coverage of vertical platforms and commercial

Golden Eagle Cartoon has developed a new multidimensional promotional model that platforms as the safety net" has also been built. At the conference the Company introduced an upgraded "Track Leader"

integrates both online and offline channels reinforces Mango Excellent Media's parent-child mechanism for content teams. By integrating innovative products such as "story-driven advertising" "IP-based dramas and variety

content ecosystem and is evolving into a comprehensive parent-child complex with a fully shows" and "downstream monetization" the Company aims to foster richer commercial scenarios of content more diverse

integrated industry chain. The platform reaches 420 million family users covering 106 million channels and more multidimensional communication.children aged 4–14 and 216 million women aged 25 and above making it a top-tier platform

that caters to both children and mothers.Golden Eagle Cartoon has established China's No. 1 parent-child variety show IP Crazy Maiji and

created a super industrial IP program with the model of "IP + theme park + collectible cards".Additionally the platform has produced a series of outstanding animated projects including Maiji

and His Friends Sunny Girl No. 23 and Little Culture Guardians. Golden Eagle Cartoon also holds

exclusive first-broadcast and sole-distribution rights for China's top three animated IPs including

Boonie Bears Pleasant Goat and Big Big Wolf GG Bond and Pipilu & Luxixi. With over 80% of

nationwide first-run broadcasts Golden Eagle Cartoon has set the highest record among similar

platforms and maintained its leading position as the premier broadcaster in China's television

animation. It has secured the top spot in CSM's nationwide provincial satellite TV and similar

channels for the same time slot across all-age viewership demonstrating absolute big-screen

dominance and a forward-looking vision. In 2024 Golden Eagle Cartoon launched "Super Star

of Mango" a premium study tour brand focused on high-end artistic educational research tours

reinforcing its positioning as a high-end study tour brand in the Mango ecosystem. Six study tour

programs have been developed with the "Direct to Mango" "Tech Study Tour" and "Culture &

Tourism Study Tour" series successfully launched.Case Happigo—Leading the Silver Economy Market

Happigo as one of the most comprehensive media retail platforms in China operates

across multiple sales channels. Positioned as a "media retail and e-commerce" platform

Happigo is committed to cross-industry cross-media and cross-regional development

and has grown over the past twelve years into a leading player in China's new-generation

home shopping industry. Through the Happigo App and its "Gou Xiao Er" WeChat service

account the platform enables users to shop anytime anywhere on their mobile terminals

in an entertaining and socialized environment.In 2024 Happigo intensified its focus on the "silver economy" by targeting the "active seniors" and reshaping its brand image centered

around the health quality of life and daily interests of the elderly. The platform now offers 1572 types of nutritious food 308 types

of health food 244 health products and 1717 clothing products tailored for older consumers catering to the growing demand for

diversified and high-quality consumption of the aging population. Additionally the platform has partnered with universities for the elderly

organized community networking activities and developed specialized travel packages all aimed at fostering deeper interactions and

connections with elderly consumers by providing fresh consumer services leading innovative consumption patterns and building new

consumer confidence. Furthermore Happigo has continued to increase efforts to develop and provide health-related SKU offerings

integrate outbound calls and private domain operations and focus on long-term member engagement with a significant increase in

the membership repurchase rate. The platform has also actively sourced and explored new suppliers and strengthened negotiations

to improve efficiency. With these efforts Happigo has continuously optimized customer experience enhanced operational quality and

empowered business growth with technology. Mango Ecosystem Expansion Conference

15 16Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Mainstream media serves as the ballast of high-quality development. As a leading mainstream media enterprise Mango Excellent

Premium Content: The "Moat" for High-Quality Development Media considers strengthening and expanding mainstream ideology and public opinion its primary responsibility and business

foundation and source of value. In response to the "Brightness Action for Chinese Modernization" initiative the Company remains

— F r o m O n l i n e t o O n - S i t e A d v a n c i n g t h e P r o d u c t i o n a n d committed to actively advancing its top story and pinned content projects leveraging new technologies to amplify mainstream media

Dissemination of New-Quality Content outreach spreading fine traditional Chinese culture and commemorating the 75th anniversary of the founding of the People's Republic

of China through the innovative creation of premium content that seamlessly integrates social and economic benefits.Case Advancing the Top Story and Pinned Content Projects

Mango Excellent Media has made the promotion of General Secretary During the third session of the 14th National Committee of the Chinese People's Political

Xi Jinping's thoughts and image a fundamental mission ensuring that Consultative Conference and the third session of the 14th National People's Congress (known

the coverage of his ideas and activities remains visible on Mango TV as the "two sessions") a comprehensive all-media publicity matrix with Mango TV as the main

every day with fresh updates. The "special section for General Secretary force following the "Brightness Action for Chinese Modernization" initiative fully leveraged

Xi Jinping's important reports" on Mango TV's homepage has amassed its advantages in the integration of advanced technologies and media to focus on the

over 6.1 billion views. major agendas of the two sessions vividly exhibit the elegance of NPC deputies and CPPCC

National Committee members and better tell the stories of Chinese governance and Hunan's

contributions. As part of this effort the Press Center innovatively produced a main promotional

film for the coverage of the two sessions "Brightness Action for Chinese Modernization"

along with eight AI-powered promotional films all widely disseminated through the whole

media matrix in a high-frequency concentrated manner. These promotional films featured the

original audio excerpts from General Secretary Xi Jinping's speeches and utilized AI generation

technologies to create a more dynamic and youthful visual presentation. By incorporating

DeepSeek the film Ne Zha Unitree Robotics and other elements of new quality productive

forces the promotional films intend to highlight the splendid future and transformative power

of Chinese modernization.Brightness Action for Chinese

Modernization

Mango TV also introduced an innovative and interactive

H5 experience "The Power of Words" which featuring

interactive engagement and visualization creatively

employed five traditional Chinese calligraphy styles to

visually showcase the major tasks outlined in the Report

on the Work of the Government such as boosting

consumption and technological innovation rallying

public ambition for national progress. Simultaneously

a high-precision 3D-printed calligraphy model

was specially created and displayed at the Hunan

media hub in Beijing for the two sessions offering a

360-degree viewing experience with the support of a

rotating exhibition platform. This synchronized online

and offline promotional matrix has effectively amplified

the reach and impact of mainstream media publicity.Special Section for Important Reports

17 18Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Cultural Documentary "Admonitions to Officials in China" Case Mawangdui's Immortal Years—Unearthing Cultural Treasures and Bringing Artifacts to Life

Admonitions to Officials in China is a cultural micro-documentary series produced by Hunan Satellite TV and Mango TV The documentary Mawangdui's Immortal Years has been highly acclaimed in a review by the Publicity Department of the CPC

under the guidance of the National Radio and Television Administration. The documentary explores traditional Chinese Central Committee which recognized its pioneering efforts in revitalizing ancient artifacts through the deep integration of "culture

maxims of official conduct throughout the ages and traces their origins and significance across seven key themes: self- + technology". Following its premiere on Hunan Satellite TV and Mango TV the documentary ranked first among all non-drama

cultivation academic diligence family governance people-centric governance integrity prudence and dedicated programs airing in the same time slot across provincial satellite TV channels as measured by CSM National Network CSM 71

governance. By delving into the exemplary codes of conduct embedded in traditional Chinese culture the documentary Cities huan.TV and ky.live. With a positive rating of 99.86% the documentary received official media recognition from China

contributes to the promotion of a clean governance culture in the new era. Mainland Media Research Co. Ltd. (CMMR) describing it as "being widely praised by netizens and attracting countless new fans".The documentary garnered over 176 million related topic views of social media with more than 600 articles published by over

300 mainstream media outlets including People's Daily Xinhua News Agency and Guangming Daily. The English version of the

documentary was released via the Mango TV International App reaching 195 countries and regions and was simultaneously

broadcast on TV networks across North America Singapore and Malaysia. From domestic to international audiences the

documentary has successfully brought ancient artifacts to life and sparked widespread discussions on traditional Han culture

among young people presenting the magnificent heritage of Chinese civilization through a global lens.Admonitions to Officials in China

In terms of production techniques Admonitions to Officials in China takes an innovative approach by deeply integrating modern

technology with traditional Chinese admonitions to officials. Combining location shooting with AI technology the documentary

delivers an immersive experience that goes beyond textual narratives. Admonitions to Officials in China S2 pioneers the

use of AI-generated content (AIGC) and the "Dual Vivid" ultra-HD technology matrix creating breathtaking visual effects that

seamlessly blend culture and technology in the digital realm. By leveraging the "Dual Vivid" cloud-based ultra-HD production and

broadcasting technology the technology team significantly enhanced image and audio quality. "The 'Dual Vivid' cloud-based

ultra-HD production and broadcasting technology greatly reduces post-production costs associated with upgrading to ultra-HD

infrastructure improves production efficiency enhances the clarity and depth of visuals and sound while creating a sense of

spatial immersion allowing the audience to truly experience a 'cross-temporal journey'."

Mawangdui's Immortal Years

Through time-space intertwining and virtuality-reality combination the documentary leads audiences onto an elevator

towards the Mawangdui Han Dynasty Tombs (the narrative subject) and the Mawangdui exhibition at the Hunan Museum

(the narrative space). As the elevator ascends the bustling world of the early Han Dynasty emerges seeming to transcend

the barriers of time and space and intertwine with modern space while guiding the audience to the grand trajectory of

Chinese civilization. With the awe of tourists and the narration of professional guides a vivid scene of history colliding

with reality and tradition conversing with modernity unfolds before the audience.With cutting-edge CG effects the documentary spectacularly recreates the breathtaking moment when the four-layered

coffin was opened. The coffin of Lady Xin Zhui a priceless artifact traditionally confined to static museum displays is

also faithfully restored with intricate and clearly visible patterns and carvings. The documentary also resurrects the grand

banquets of the Xin Zhui family and the elegant lacquerware that defined their refined lifestyle providing an immersive

experience of daily life and aesthetics in the Western Han Dynasty. Through these efforts audiences are transported back

in time witnessing firsthand the grandeur and prosperity of the Han Dynasty.

19 20Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

New technologies have become deeply embedded in the foundational logic of content creation and dissemination

expanding the cognition boundaries of innovation and creativity while providing support for Mango Excellent Media in

continuously forging high-quality super productions and high-impact super communication driven by the integration of

culture and technology.In 2024 the Company achieved remarkable success in content and communication with outstanding

performances across long medium and short video content. Representative programs emerged across various genres and

categories yielding both high social recognition and great market benefits.Case Singer 2024—A Triumph of Self-Developed Technology and Content Co-Creation

Singer 2024 delivered a groundbreaking experience with live international media influence with high cultural consciousness. Singer 2024 is a triumph of self-developed technology and content co-creation. By adopting a live broadcast format coupled with the

broadcasting an international lineup diverse musical styles and Amidst a complex global landscape Singer 2024 stayed true to the innovative "true live true broadcast" concept the show invited top-tier domestic and international vocalists and provided them with

a transparent competition format. The season featured 13 large- important mission that "contemporary Chinese literature and art a larger creative space delivered an unprecedented musical experience to audiences and offered music lovers worldwide a more

scale live broadcasts representing a comprehensive test in various should look beyond China" giving full play to the vital role of literary diverse and inclusive musical form. Through deep integration of culture and technology Singer 2024 adopted a dual-screen model by

capabilities—from broadcast control to audience interaction from and artistic works in conveying modern Chinese values and notions combining Hunan Satellite TV's large-screen viewing experience and Mango TV's small-screen interactive engagement transforming

signal coverage to transmission and from traditional techniques to and reflecting the common values and pursuits of all humanity. viewers into active cloud-based participants. Audiences became essential co-creators in the production process engaging in real-

cutting-edge AI applications. Beyond presenting audiences with high- The program resonated widely upon broadcast achieving record- time discussions and reactions through immersive live streaming. As a result Singer 2024 led to a 60% increase in average live-

quality music positive values and an engaging cultural exchange breaking viewership online engagement and social media buzz. stream viewing duration per user. By introducing a groundbreaking innovation centered on live TV broadcasts Singer 2024 has further

between China and the world the program also infused the radio It also garnered official recognition and recommendation from expanded its reach through cutting-edge audiovisual technologies on digital platforms amplifying the social cohesion and influence

and TV industry with new vitality. Singer 2024 set a new benchmark multiple diplomatic and international institutions including the of live broadcasting greatly elevating the artistic impact and expressive depth of the competition-based performance and setting a

in variety show communication amassing total views of 159 billion Department of Latin American and Caribbean Affairs of the Ministry new benchmark for the quality of music variety shows in China once again.across all online platforms and significantly boosting Hunan Satellite of Foreign Affairs of the People's Republic of China the Embassy of

TV's ratings and Mango TV's online peak traffic. It not only elevated the People's Republic of China in the United States of America the

the Friday night viewership across all provincial satellite TV channels Embassy of the People's Republic of China in the Republic of Estonia Cloud Director & Multi- Special Live-Streaming Bullet

with a 10% month-over-month increase in total viewership but also the United Nations Educational Scientific and Cultural Organization Screen Viewing Comment Engine

became a certified blockbuster on Weibo and TikTok after just half a (UNESCO) and the Embassy of Canada to China. Singer 2024 has This feature allowed Mango TV members to This feature ran throughout the whole season

season. On a global scale Singer 2024 drove a 10.6 million increase in established itself as a widely popular annual TV sensation winning become "virtual directors" freely switching offering users a unique and engaging real-

new users for the Mango TV International App achieving over 23.17 over audiences worldwide. between camera angles in real time. The program time experience during critical moments of

million overseas views and reaching 129 million global users. Singer adopted the "1+3" screen combination mode for Singer 2024 allowing audiences to witness

2024 exemplified Mango's successful practice of enhancing China's the first time delivering a seamless multi-screen and celebrate moments of glory of the singers

immersive live-streaming experience. together with millions of viewers and creating

a synchronized interactive experience between

the "physical" and "digital" worlds.Unique Innovative Technologies in Singer 2024

Innovative Nationwide Prediction L-ISA Sound System

This feature enabled users to rank their This marks the debut of the immersive sound

favorite singers in real time through the system in a TV music show. The use of the L-ISA

"Nationwide Prediction" section on Mango sound system ensured uniform and top-tier

TV offering an unmatched level of immersive audio experiences across all audience seats in

participation in the competition. the live venue. This technology also provided a

high-quality musical experience for television

and online viewers allowing them to fully

appreciate the voice of each singer.Singer 2024

21 22Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Ride The Wind 2024—Showcasing the Beauty of Oriental Culture and the

Case Case Time Concert S4—Introducing an Interactive Product "Mango Glee Club"Style and Strength of Women

With the theme "Beautiful China Inspiring Aspirations" Ride The Wind 2024 an international female cultural exchange and music competition On Time Concert S4 five generations of Super Girl contestants reunited for a grand choral performance for the first time. Meanwhile

variety show independently produced by Mango TV has remained committed to portraying the character and brilliance of women in the new Mango TV introduced an innovative interactive product "Mango Glee Club" for music variety shows with a focus on the new concept of

era. Now in its fifth season the show continues to highlight the spirit and strength of women through their stage presence and the growth of "creating watching and singing together". Featuring "Singing with the Singer" and "Bullet Screen Singing with Others" the Mango Glee

female participants of all ages from around the world. The exceptional performances jointly presented by outstanding women from different Club was launched alongside Time Concert S4 allowing users to immerse themselves in the choral experience and attracting hundreds

regions and industries and their cultural exchanges have been widely recognized by over 50 institutions and mainstream media outlets of thousands of participants with the highest single sharing rate reaching 80%.including the National Radio and Television Administration. Notably the stage performance of Chen Lijun one of the participants was praised

for "vividly showcasing the valiant and graceful image of Chinese women". The interactions and collaborations between participants from

various countries in the program also received acclaim for "transcending language barriers allowing women from different regions and

professions to exchange cultures through cooperation and creating a dazzling synergy". People's Daily further acknowledged that female

participants of all ages from countries around the world presented diverse stage performances with different styles on Ride The Wind 2024

showcasing the spirit and strength of women while promoting global cultural exchange and mutual appreciation.Time Concert S4

The Mango Glee Club innovated a dual-performance mode featuring "Singing

Ride The Wind 2024 with Him/Her" and "Singing with Others". Supported by intelligent AI-powered

sound mixing and multi-audio synchronization technology users can be

The global impact of Ride The Wind 2024 was further validated with over 1400 reports from major global media outlets such as The seamlessly involved in a chorus transforming their viewing experience into

Associated Press CNN and The Financial Times describing the show as "a platform where cultures from around the world converge a "large-scale virtual KTV" experience. With just a tap on the screen users

and blend" and "a bridge for cultural exchange built through music". Famous French chanson singer Joyce Jonathan's participation can sing alongside the guests and enjoy the fun of interactive performances.in the program attracted widespread attention with French Prime Minister Gabriel Attal sending a video message to congratulate her Users can also select iconic singers or classic songs from an extensive Mango

which received 10 consecutive recommendations from the Chinese Embassy in France and the French Embassy in China. Joyce along IP music library fulfilling the dream of performing on stage with their idols.with fellow contestant Shang Wenjie also visited the Centre Culturel de Chine à Paris with Nicolas Pillerel Minister Counsellor of the The AI-powered intelligent audio technologies such as intelligent scoring

French Embassy in China where they engaged in discussions on Sino-French cultural exchange. In celebration of the 60th anniversary algorithms can intelligently separate the original vocals and accompaniment

of China-France diplomatic relations Joyce and Shang performed "Let Light Meet Light" a collaborative song produced by CCTV News and utilize a multidimensional scoring algorithm that evaluates intonation

and Mango TV showcasing the fusion of Chinese and French cultures with music as a medium. After earning a finalist seat on Ride The emotional change and other factors for comprehensive intelligent scoring

Wind 2024 Joyce's performance and experience on the show were featured on French television with the Chinese Embassy in France ensuring precise control over the audience's vocal quality. The integration of

issuing an official congratulation on her victory once again. the AI-powered sound mixing algorithm seamlessly blends choral vocals with

the accompaniment enhancing the quality of every choral performance. With

The platform production and research team of Mango a variety of AI audio effects users can create their own unique vocal tones

TV's Platform Technology Center in collaboration allowing program audiences to effortlessly sing along with millions.with Ride The Wind 2024 and other blockbuster

variety shows integrated the Cocos game engine

and advanced dynamic effect technology creating

an immersive "3D Breakthrough System" and the

"Manghe" bullet screen engine. These innovations

allowed users to be fully immersed in the show from

homepage exploration to video viewing fostering an

interactive experience between users and the content

and offering a visually and sensorially immersive

spectacle with special effects.

23 24Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Call Me By Fire 2024—Breathing New Life into Music and Culture with a Burning Passion Case Infinity and Beyond S4—A Wave of Cantonese Music An Echo of Love

Mango TV's all-encompassing music competition show Call Me By Fire 2024 Infinity and Beyond S4 is a music and cultural program produced under the special guidance of the Network Audiovisual

breathes new life into music and culture with a burning passion. Among 86 Department and the Hong Kong Macao and Taiwan Affairs Office under the National Radio and Television Administration as

performances in this season the performance "Under the Sea" was dedicated well as the Department of Publicity Culture and Sports of the Liaison Office of the Central People's Government in the Hong

to raising awareness for depression patients and other vulnerable groups Kong S.A.R. This season brings a fresh perspective by focusing on the cultural characteristics of the "9+2" urban cluster in the

and performances "Iron Armor" and "Beyond Reach" paid homage to Chinese Guangdong-Hong Kong-Macao Greater Bay Area showcasing the rich legacy of Cantonese music and its modern evolution

intangible cultural heritages lion dance and the "Guan Jiang Shou" (divine through 114 creatively curated stage performances. By bringing veteran artists and emerging musicians together on stage

general performers) folk tradition. the program blends classic hits with innovative compositions highlighting the intergenerational inheritance and innovative

development of the region's musical culture. In terms of musical exchange Infinity and Beyond S4 employed a documentary-

style approach to vividly capture the cultural and humanistic landscape of the Greater Bay Area. Hong Kong singer Joey Yung

praised the show for serving as an emotional bridge between audiences in the Chinese mainland Hong Kong and Macao

offering a compelling portrayal of the "one-hour life circle" concept of integrated development in the Greater Bay Area.Call Me By Fire 2024

Infinity and Beyond S4

By exploring diverse stage formats and musical styles Call Me By Fire 2024 through innovative adaptations enriched the From Hong Kong to the Greater Bay Area Infinity and Beyond S4 acts as a cultural bridge that expresses the shared cultural

emotional expressions of music on family love and friendship while offering new observations and thinking about the world lineage of Guangdong Hong Kong and Macao through the art of music fostering the creative transformation of traditional

and life. Throughout the season the show consistently delivered high-caliber performances and heartwarming interactions Chinese culture.between contestants sparking extensive audience attention and discussions. The program was recognized at the Weibo TV

& Internet Video Summit 2024 as one of the "Outstanding Works of the Year".Throughout its broadcast the

program generated 11.99

2494 billion views on TikTok

trending topics across all platforms

accumulating And

17.753.97

billion views on Weibo billion views on Kuaishou

Mango TV's technology team remains at the forefront of innovation having successfully completed a full-scale upgrade of the

4K ultra-HD production workflow for Call Me By Fire 2024. With exceptional image clarity and high-fidelity color rendering the

program combined self-developed HDR Vivid full-link technology and ultra-HD content-aware encoding technology to provide

viewers with an unparalleled visual experience.

25 26Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Flourished Peony—Inheriting Traditional Chinese Culture with "Flowers" as the Mainline Case Sunrise on The River—Lucid Waters and Lush Mountains Are Invaluable Assets

With "flowers" as its mainline the TV drama Flourished Peony focuses on the inheritance of Sunrise on The River starring Huang Zhizhong Mei Ting and Jiang Wu aired on Hunan

traditional Chinese culture female growth and patriotism. Since its premiere Flourished Satellite TV and Mango TV depicting the efforts of Zheng Hanjiang and his team to restore the

Peony has captured immense attention. With outstanding viewership online engagement ecological environment in Qijiang City. Through multi-dimensional storytelling the drama

and commercial value the series not only led across all metrics but also garnered presents China's exploration and practices in ecological civilization development and aims to

widespread acclaim for the meticulous craftsmanship from its production team. Keywords evoke deep audience reflections on the principle that "lucid waters and lush mountains are

such as "Chinese aesthetics" "exceptional production quality" and "cultural splendor of invaluable assets" with scenes of everyday life and the diverse realities of the people.Tang Dynasty" have sparked nationwide discussion. By innovating new ways to tell environmental stories and forging a fresh communication

From its debut Flourished Peony saw a continuous rise in viewership ranking first in its time model with the superior publicity department Sunrise on The River received widespread

slot across provincial satellite TV channels according to CSM average ratings. It maintained acclaim and impressive public response after broadcast. It maintained the top spot in all-day

the highest viewership ranking positions in its time slot among provincial satellite TV ratings among provincial satellite TV channels on CSM for multiple days accumulated over 100

channels and online platforms many days on ky.live secured first place in the same time slot trending topics across all platforms and topped the main trending list multiple times. Within

for satellite TV drama viewership on huan.TV and dominated the Yunhe Screen Dominance 15 days of its release the drama's main topic on short-video platforms amassed over 6 billion

Chart. The series amassed 6743 trending topics across all platforms with 4212 Weibo views with a single-day increase of 447 million views on TikTok alone consistently ranking No.trending topics while its main topics on TikTok amassed 14.73 billion views with related 1 across industry charts such as TikTok Maoyan Yunhe and Dataprox. The National Radio and

topics exceeding 29.6 billion views. Data rankings across Dataprox Maoyan VLinkage Television Administration and its matrix accounts praised the drama for "effectively conveying

Guduo Dengta and Blue Eagle consistently placed the series at the top. The series also the determination and wisdom of the Party the state and the people in safeguarding blue

contributed to cultural and tourism consumption in areas such as Hunan Heze in Shandong skies and clean waters". Xinhua News Agency noted that the drama's "engaging storytelling

and Luoyang in Henan establishing itself as an influential cultural TV sensation at the start resonated deeply with audiences". Guangming Daily highlighted that "the drama seamlessly

of 2025. Its influence has extended beyond China's borders making it a shining emblem of integrates pressing environmental issues such as water and air pollution into its narrative

Chinese culture on the global stage and offering international audiences a window into the Flourished Peony offering an immersive audiovisual experience while raising awareness for ecological

allure of splendid traditional Chinese culture. governance." China Environmental News further commended the series for "capturing a Sunrise on The River

critical snapshot of China's rapid yet sustainable development process". Additional coverage

from China Daily Workers' Daily China Youth Daily and Global Times recognized the series as

"a vivid portrayal of China's environmental protection efforts in the new era".Romance in the Alley—Encapsulating the "Essence of the Chinese Spirit"

Case with Vibrant Depictions of Daily Life

Case The City of Sunlight—A Youthful Tribute to the New Era on the Tibetan Plateau

Mango TV's period drama Romance in the Alley embraces a documentary-style aesthetic and

depicts the heartwarming deeply emotional everyday lives of ordinary citizens through many The City of Sunlight is a key drama in the TV series exhibition and broadcasting campaign

real-world scenes. As a cultural and artistic medium that fulfills the public's spiritual and cultural to celebrate the 75th anniversary of the founding of the People's Republic of China

needs TV dramas not only offer a more nuanced and heartfelt cultural memory than historical themed "Walking with the Times Standing with the People". The drama was produced

records but also establish emotional bonds among ordinary people fostering a shared spiritual with the support of the National Radio and Television Administration and co-produced

home. Through various explorations in narrative and expression Romance in the Alley captures by the Publicity Departments of the CPC Hunan Provincial Committee and the CPC Tibet

the resonance between individuals and the times and draws a collective portrait of ordinary Autonomous Regional Committee along with CCTV Hunan Broadcasting Film Group Co.people and their lives encapsulating the "essence of the Chinese spirit". Ltd. (Hunan Broadcasting System) and Mango TV. The series follows six young individuals

With detailed pictures of period settings multidimensional characters and vibrant depictions led by Suolang as they chase their dreams and realize their self-worth in Tibet showcasing

of daily life Romance in the Alley achieved remarkable success in both popularity and word- the positive attitude towards life and values of the Tibetan people amidst the intersection

of-mouth. The drama ranked No. 1 in its time slot across provincial satellite TV channels on of tradition and modernity as well as the deep bonds of unity among China's diverse ethnic

CVB CSM huan.TV and ky.live. The main topic "Romance in the Alley" on TikTok accumulated groups forged in Tibet's development.over 15.5 billion views making it the most-viewed main topic on TikTok among family-themed Since its broadcast The City of Sunlight has garnered a cumulative audience of over

period dramas this year. On Mango TV it held the top spot on the platform's drama ranking for 25 223 million viewers. Major media outlets such as Xinhua News Agency People's Daily

consecutive days while securing first place across major authoritative charts including Douban Guangming Daily and China Daily published more than 300 articles praising its portrayal of

Yunhe Maoyan VLinkage Dataprox and Dengta. The series achieved a Douban score of 8.2 and youth on the Tibetan plateau and its uplifting depiction of life. The series sparked a viral trend

a Weibo score of 9.2 making it the highest-rated period drama of the year. Romance in the Alley on social media to "explore Tibet following The City of Sunlight". According to Lhasa Release

also garnered support from various sectors with influential accounts from culture and tourism The City of Sunlight the popularity of The City of Sunlight contributed to a surge in tourism during the National

colleges and universities gastronomy law reading and fashion actively sharing stories from the Day holiday with the city welcoming 1989100 visitors a 7.45% year-over-year increase and

Romance in the Alley drama attracting audiences from all walks of life to participate in interactions. generating RMB 951 million in tourism revenue a 6.73% year-over-year growth.

27 28Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Northwest Years—A Great Tribute to Revolutionary Spirit Empowered by

Case Case Mango Micro-Dramas—"Content + Data + Creativity"Comprehensive Intelligent Content Review

Northwest Years is a powerful artistic work that draws from the Party's history to vividly depict the revolutionary struggles in northwest Supported by the "Network Audiovisual Program Quality Creation and Communication Project" of the National Radio and

China. Through compelling storytelling the TV series portrays the lofty ideals steadfast faith heroic sacrifice and unrelenting exploration Television Administration the micro-drama The Story of Suzhou focuses on Suzhou's ancient fan-making craftsmanship

of veteran proletarian revolutionaries such as Xi Zhongxun who dedicated themselves to the Party's cause and the people's interests. contributing to the promotion of intangible cultural heritage while bolstering local cultural and tourism industries.From single sparks of revolution to a sweeping blaze in northwest China these veteran revolutionaries defended the last remaining Adopting a director-centric cinematic approach during creation the drama highlighted the cultural tourism of Suzhou's

revolutionary base areas and went on to overthrow the collapsing Kuomintang regime. Throughout this arduous journey they remained historic Pingjiang Road and the inheritance of Suzhou embroidery as an intangible heritage to enhance the depth of

committed to the principles of seeking truth from facts and relying on the people ultimately culminating in the founding of the People's its storytelling and boost local cultural and tourism industries. The drama's scene settings featured the Pingjiang Road

Republic of China. This production serves as a stirring tribute to the revolutionary spirit and moral integrity of Chinese Communists historical and cultural block as its main shooting location along with Internet popular tourist destinations such as

offering profound ideological strength and spiritual inspiration for advancing Chinese modernization in the present age. In addition to Panmen Scenic Area Tang Yin's Former Residence the Gate of the Orient Jinji Lake Dushu Lake and the Suzhou Radio

filling a long-standing gap in televised depictions of the revolutionary history of northwest China. and Television Station Building showcasing new perspectives new scenes and new looks of Suzhou that blend historical

charm with modern vibrancy.The premium micro-drama Rival Love was jointly broadcast on Hunan Satellite TV and Mango TV's "Mango Micro-Drama"

platform injecting fresh momentum and creativity into the "high-quality production" of micro-dramas. Through TV-

network collaboration Rival Love made a powerful breakthrough with premium content further promoting the high-

quality development of the micro-drama industry and fulfilling the responsibility and mission of mainstream media.Northwest Years

Case Begin Again—Celebrating the 25th Anniversary of Macao's Return to China

Airing on CCTV-1 Mango TV and Hunan Satellite TV Begin Again weaves together a collection

of romantic or heartwarming encounter stories showing the unique cityscape and cultural

charm of Macao through warm and fervent color aesthetics. Released in commemoration of

the 25th anniversary of Macao's return to China the series offers a vivid and realistic cinematic

portrayal of the city sparking a surge in cultural tourism capturing the youthful spirit of

contemporary Macao and evoking widespread emotional resonance. As a key drama supported

by the National Radio and Television Administration Begin Again was directed by Mango TV's

contracted filmmaker Li Mo co-directed by Xu Weikuan and led by a star-studded cast featuring

Zhong Chuxi Sun Yang and Chen Haoyu with Han Dongjun in a special starring role.Since its premiere on December 18 during CCTV-1's primetime slot and on Mango TV the

Begin Again

series has maintained the No. 1 spot on China Video Big Data (CVB)'s daily rankings of

primetime drama for eight consecutive days and also topped the Maoyan's Urban Drama

Popularity Chart. Since its debut online searches for "Macao" across relevant platforms have

skyrocketed with Baidu searches increasing by 112% year-over-year and WeChat searches

surging by 79 million queries. The series has been officially recommended by the National

Radio and Television Administration the Liaison Office of the Central People's Government

in the Macao S.A.R. and the Macao Government Tourism Office. Local Macao media have

published over eight feature reports acknowledging the drama's "authentic portrayal of

Macao's laid-back urban atmosphere and diverse urban appearance". Mango Micro-Dramas

29 30Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

I n n o v a t i v e T e c h n o l o g i e s : T h e " A c c e l e r a t o r " f o r H i g h - Q u a l i t y

Development Case China's First AI Variety Show Director "AIM"

— E n h a n c i n g " Q u a l i t y " T h r o u g h " I n t e l l i g e n c e " t o B u i l d a S t r o n g N e w

AIM the first AI director in China was developed based on the Mango LLMS. AIM integrates multiple directorial capabilities

Technological Foundation

including storyboarding prop management scriptwriting on-camera direction and music direction. Beyond enhancing the

Mango Excellent Media remains steadfast in its commitment to technological innovation as the driving force behind deep creative and experimental aspects of the program AIM is designed to align with emotional needs of human bringing more

media integration aligning closely with the core principle of "culture + technology" while continuously reinforcing its creativity to content creation.technological foundation. By positioning interdisciplinary talents with expertise in both "content and technology" at the

forefront the Company empowers its entire value chain including content production distribution and operations to

achieve comprehensive upgrades. With a strategic focus on future media competition the Company continues to increase

its input in research and development attract top-tier technology professionals and provide strong support for premium

content creation user experience optimization and business model innovation.Case Building a Hub for New Interdisciplinary Talents in the Integration of Culture and Technology

Mango's next-generation technology professionals are rapidly growing

into a formidable force exemplifying the Company's philosophy that

"new talents keep emerging at Mango". The Company firmly believes

that young professionals are the most adept at innovation and the

most skilled in leveraging cutting-edge technology. With an inclusive

workplace and the most attractive benefits package Mango has

established a comprehensive talent system encompassing "selection

training deployment and retention" fostering a team that takes the

lead in both "creativity and technology". This ensures that both culture

and technology take center stage and that new professionals excelling at

both "content and technology" emerge and thrive.A Group Photo of More than 700 Technical

The Company has consistently implemented talent innovation initiatives Engineers at Mango

such as the Mango Young Talent Program and the Qingmang Program AI Variety Show Director "AIM"

and created platforms like "Mango Youth Talk" and "Young CEO Club"

to showcase the power of young talents. The Company has also AIM made its debut in the variety show Our AI Journey and participated in real-time ranking predictions for Singer 2024 achieving

hosted the "International Audio and Video Algorithm Competition" for 100% accuracy in the finale and being recognized as a "new species" in Chinese variety shows. The AI director "AIM" received

five consecutive years attracting over 30000 teams worldwide and official commendation from the Publicity Department of the CPC Central Committee and won the third prize in the Science and

recruiting more than 100 algorithm engineers who have become the Technology Progress Award of the China Society of Motion Picture and Television Engineers. Moving forward AIM will expand its

"dream builders" and "architects" shaping the integration of culture capabilities into program planning intelligent casting game design proposal presentations artist interviews and storyboard

and technology. Currently 80% of Mango's workforce consists of scripting aiming to provide on-site filming assistance while fostering broader engagement with global audiences.interdisciplinary professionals skilled in both "content and technology". Part of Awards and Prizes Obtained by Mango's

Guided by the philosophy of "driving platform development through Technology Team

new technologies" Mango's technology team has won over 20

prestigious technology awards and obtained more than 100 authorized

invention patents.

31 32Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case "Mango LLMS" Approved by the Office of the Central Cyberspace Affairs Commission Case "Malanshan Cup" International Audio and Video Algorithm Competition

Mango LLMS—The "Mango LLMS" has officially passed the approval for generative AI (large language models) of the Office of The fifth "Malanshan Cup" International Audio and Video Algorithm Competition attracted 21273 teams including

the Central Cyberspace Affairs Commission. Previously Mango TV had already received algorithmic approvals from the Office international participants from the United States the United Kingdom Australia and other countries. Competitors hailed

of the Central Cyberspace Affairs Commission for its deep synthesis services personalized pushing search filtering and other from over 100 leading enterprises including Google Alibaba Tencent and Huawei as well as over 100 top universities

technologies laying a strong foundation for Mango TV's continued efforts in all-scenario algorithm innovations and applications. such as Columbia University the University of Sydney Tsinghua University and Peking University.Built upon broadcasting industry data knowledge and experience in program content creation and other special features the

Mango LLMS is designed as a trustworthy controllable vertical application large model that is easy to manage and use and

is tailored for media culture and entertainment sectors. It supports a wide range of industry applications including program

ideation content creation and generation anthropomorphic dialogue of character and generative content recommendations."Malanshan Cup" International Audio and Video Algorithm Competition

The competition featured live demonstrations of innovative AI applications and interactive experiences across multiple fields

making it a blockbuster event that has captured widespread attention. This year a special AIGC Innovation Challenge focusing

Mango LLMS on the cultural heritage sector was held aiming to prioritize digital creations and drive the protection and inheritance of cultural

heritage through science and technology. Over the past five years dozens of participants have been recruited through the

competition collectively filing 44 patents publishing 4 academic papers and winning first and second places in 8 domestic and

international competitions making significant contributions to the rapid evolution of the algorithmic field.Case "Shanhai Research Institute" Specializing in Video Generation

"Shanhai Research Institute"—The "Shanhai Research Institute" a newly established R&D and implementation team by Mango

TV focuses on image and video generation and understanding models. To meet the needs of practical business scenarios the

Shanhai Research Institute focuses on image generation and editing controllable video generation and image-video structural

understanding and has deeply studied the underlying algorithms for the large model of image and video generation aiming to

improve AI-driven creation efficiency and creating the industry's leading vertical large model of image and video generation. It

has successfully self-developed the "AI Smart Script Selection" to increase the quantity and improve the quality of micro-dramas

and double the efficiency of script evaluations increasing creation efficiency by 40%. Additionally a "Mango Parallel Universe"

has been established allowing intelligent NPCs to guide users through immersive digital environments and truly realizing a world

where "everyone can co-create content".

33 34Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case The First "Malanshan Cup" Mini-Game Innovation and Entrepreneurship Competition Case Mango TV-Vision

In response to General Secretary Xi Jinping's directives on "integrating culture and technology" Mango TV launched the The Mango TV-Vision app officially went live on AppStore becoming the first native application in China's long video industry

"Malanshan Cup" Mini-Game Innovation and Entrepreneurship Competition following the success of the "Malanshan Cup" designed for Apple Vision Pro headsets. After more than six months of development and design the app delivers a "3D-depth

International Audio and Video Algorithm Competition. This initiative aims to expand the Company's layout for the "integration design immersive viewing experience ultra-HD display for exceptional visual impact immersive spatial bullet comments

of culture and technology" and encourage more outstanding young people to be engaged in innovation and entrepreneurship. and multiple interactive features" to explore. With Mango TV-Vision users can select popular movies using hand gestures and

The first "Malanshan Cup" Mini-Game Innovation and Entrepreneurship Competition has been started. experience a cutting-edge blend of 4K HDR high frame rate and 3D sound ultra-HD technology enjoying an unparalleled

immersive viewing experience.Mango TV-Vision

Mango TV-Vision's launch lineup includes eight high-quality ultra-HD 4K titles including the documentary China the films

The Captain and The Sacrifice the dramas Royal Feast and Hunter and variety shows like Ride The Wind 2023 The Chinese

Restaurant and Call Me By Fire. Meanwhile Mango TV is continuously enhancing the user experience of the VR headset

by improving visual quality reducing latency and enhancing interactivity. Mango TV-Vision's unique immersive 3D bullet

comments presented in three-dimensional space allow users to engage in real-time interactions without obstructing the video

content. With the "eye-tracking interaction" feature users can simply capture the bullet comments they are interested in by

"fixing their gaze" and effortlessly engage in interactions. Future updates will include hand gesture recognition voice input and

3D video support further improving user engagement and interactivity.

Mango's Mini-Series Evacuate from the Cyber Century—Exploring the

Case New Form of Micro-Dramas with Virtual Production Technology

Evacuate from the Cyber Century the first vertical screen micro-drama of virtual production (VP) produced by Mango TV and

Mango Theater has officially started production. Evacuate from the Cyber Century is an innovative Mango mini-series with new

looks themes and technologies. Upholding the strategy of "culture + technology" Mango TV has incorporated virtual reality

artificial intelligence virtual production and other technological means into micro-drama production thereby improving

production efficiency and content creativity and ultimately achieving technical empowerment. With Evacuate from the Cyber

Century as a starting point the Virtual Reality Department and the Intelligent Algorithm Department of the Mango TV Intelligent

Research Center together with the Shanhai Research Institute will collaborate on further technological integration to support

high-quality content production.The First "Malanshan Cup" Mini-Game Innovation and Entrepreneurship

Competition Evacuate from the Cyber Century

35 36Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Immersive "3D Breakthrough System" and "Manghe" Bullet Screen Engine Case The Application of Mango's Cloud-Based Ultra-HD Production and Broadcasting Platform

The platform production and research team of Mango TV's Leveraging cloud computing AI and other new technologies Mango TV has developed a high-efficiency resilient and cost-

Platform Technology Center in collaboration with Singer effective ultra-HD production solution that covers the full process and integrates offline proxy-based production cloud-based

2024 Ride The Wind 2024 and other blockbuster variety synchronization and intelligent transformation. This platform significantly lowers the barriers to 4K ultra-HD video production

shows integrated the Cocos game engine and advanced and broadcasting and overcomes the bottleneck of 4K project implementation. Meanwhile it features high security robust data

dynamic effect technology creating an immersive "3D backup mechanisms and streamlined resource management. Compared to traditional methods the platform has improved

Breakthrough System" and the "Manghe" bullet screen production efficiency by threefold with the composite production cost only 1.3 times that of HD content saving more than

engine. These innovations allowed users to be fully immersed RMB ten million yuan in ultra-HD hardware investments. This technology has been successfully applied to S-tier variety shows

in the show from homepage exploration to video viewing in 4K ultra-HD production. The "Mango TV Dual Vivid Ultra-HD Production and Broadcasting Full-Link Platform" project won the

fostering an interactive experience between users and the first prize in the 2024 Science and Technology Progress Award of the China Society of Motion Picture and Television Engineers.content and offering a visually and sensorially immersive Additionally the Ultra-HD transformation technology built upon unmanned video restoration and enhancement algorithms

spectacle with special effects. has achieved large-scale HD-to-UHD restoration and enhancement. It restored over 100 films and TV programs including

Beginning of The Great Revivals reduced post-production costs by 80% and improved efficiency by fivefold for multiple native

4K programs such as Ride The Wind and Infinity and Beyond.

"3D Breakthrough System" and "Manghe" Bullet Screen Engine

By combining 3D effects with interactive sensing technology the revolutionary "homepage zoom interaction" complemented

by IP-customized "3D Breakthrough Effects" has delivered a deeply engaging content experience allowing users to fully

experience the vibrant atmosphere of Mango TV programs. The "3D Breakthrough System" has been successfully implemented

in multiple S-tier variety shows including Singer 2024 and Ride The Wind 2024. This technology has achieved an over fourfold

increase in the promotional efficiency of TV series and variety shows significantly boosting program influence and audience

viewing enthusiasm.The platform production and research team of Mango TV independently developed the "Manghe" Bullet Screen Engine

which integrated with the Cocos game engine and introduced an extensive range of dynamic effects including colorful bullet

comments multi-dimensional lighting physical collisions and motion trajectory alterations embodying the innovative concept

of "an IP-customized bullet screen for a program". First applied in Ride The Wind 2024 the three IP-customized bullet screen

styles have redefined content-user interaction maximizing the audience's emotional resonance during viewing. To date this

exclusive bullet screen feature has attracted millions of users tripling the interaction rate and reaching the top of the platform's The "Mango TV Dual Vivid Ultra-HD Production and Broadcasting Full-Link Platform" project won the first prize in

interactive features ranking. The feature has significantly enriched audience participation while sparking greater interest and the 2024 Science and Technology Progress Award of the China Society of Motion Picture and Television Engineers

exploration in the fusion of interaction and technology.Based on the 3D Breakthrough System and the "Manghe" Bullet Screen Engine the platform production and research team

of Mango TV's Platform Technology Center has filed three design patents and one invention patent making the integration of

creativity and technology more forward-thinking and professional. Moving forward Mango TV will further explore Mango-style

special effects ensuring a sustained synergy between technology and sensory experience.

37 38Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Mango TV "Cloud Director"—Redefining Live Streaming with Next- AI-Empowered 2024 Youth Mango Festival—Forging a New Paradigm of

Case Generation Audio-Visual Technology Case Integration of Culture and Technology

Mango TV has revolutionized traditional live streaming models with its innovative "Cloud Director & Multi-Screen Viewing" Mango TV hosted the 5th Youth Mango Festival based on a profound understanding of General Secretary Xi Jinping's instructions

feature which attracted over 10 million users within two months of launch. Debuting alongside Singer 2024 this feature during his visit to Hunan. With a focus on the deep integration of technology and culture the event highlighted Mango Excellent

enables "real-time multi-screen synchronization of main performances and behind-the-scenes reality show content". The Media's commitment to fostering "new quality productive forces" in the cultural industry. Revolving around AI technology this

Cloud Director has reshaped the art of live broadcasting for the industry and has been reported by People's Daily China year's festival organized colorful activities in combination with unique IP content and in collaboration with China Mobile including

Business News and other mainstream media outlets. the "2024 Unlimited AI (Love)" Youth Mango Eve & M-Zone Mango Card Anniversary Music Gala "2024 M-Zone Mango Card Youth

Party Music Festival and Love for Mango Tour: A Mango Travel Guide. The festival appeared on trending lists 420 times across

major online platforms with 17 instances ranking top 1. On Weibo it trended 39 times on the main list and 82 times across both

main and sub-lists. On TikTok 71 videos received over 10000 likes. Related topics amassed over 7.78 billion views across the

Internet with coverage from 18 major media outlets including People's Daily Guangming Daily China Youth Daily and Xinhua

News Agency.Cloud Director & Multi-Screen Viewing

National Music Variety Show Slow Live Streaming of National Treasures

Singer 2024 Live Streaming "Panda's Live-Steaming Room" Enjoying a

Meeting Reality Show 360° Multi-Screen Viewing Experience

The program enables audiences to simultaneously During the slow live streaming audiences can not

view both main stage performances and real- only enjoy heartwarming moments with Panda but

time reactions of other singers filling a critical also explore Panda's world from multiple angles

gap in traditional live streaming of variety show. simultaneously through the multi-screen viewing

Audiences can capture the subtle expressions of mode in the livestreaming room achieving a truly

other singers in real time while enjoying musical immersive experience. This multi-screen viewing mode

performances significantly enhancing interactivity has attracted participation from nearly half of the live-

and expanding new dimensions of interesting streaming audience earning widespread praise for its

interactions between the singers and audiences. immersive and pleasant viewing experience.

39 40Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

AI technology introduced to elevate operational efficiency and China's AI Study Mango TV and Huawei Smart Cockpit Launching Native HarmonyOS

Case Tour and Talent Center for Youth Established by Golden Eagle Cartoon Case Application Pioneer Development Plan

By introducing AI technology and continuously optimizing equipment automation Golden Mango TV and Huawei Smart Cockpit successfully held the signing ceremony for their cooperation on native HarmonyOS cockpit applications in

Eagle Cartoon has greatly improved the "per employee productivity ratio" of store operations Changsha. Both parties have strengthened their collaboration in the in-car audio-visual entertainment sector and officially launched the Native

and the operational efficiency of store projects. When designing the project "Crazy Maiji Tech HarmonyOS In-Car Operating System Application Pioneer Development Plan based on HarmonyOS NEXT. Looking ahead Mango TV will debut a three-

Fantasy Escape Room" Golden Eagle Cartoon introduced technology-driven and AI-powered dimensional audio content experience in the HarmonyOS in-car system. The two parties will deeply integrate their efforts and jointly innovate in both

escape rooms effectively reducing operational costs increasing room capacity and boosting technology and experience in the in-car audio-visual entertainment sector. At the same time they are committed to developing native HarmonyOS

revenue generation. applications and will work together to strengthen the ecosystem of

native applications for the HarmonyOS in-car system jointly leading

Golden Eagle Cartoon has entered a strategic partnership with Tengen Intelligence Institute to the innovative development of the smart automotive industry. We look

advance the integration of AI technology and the study tour industry. The two parties signed forward to the implementation of the collaboration results and believe

a cooperation agreement on this key project. Their first joint project "Super Mango AI Future that in the near future a brand-new and exciting in-car audio-visual

Camp" is also a flagship technology-driven study tour product launched under "Super Star of journey will be launched for users of smart cars.Mango" a premium study tour platform of Golden Eagle Cartoon.Introducing AI technology by

Golden Eagle Cartoon conducted AIGC training sessions by organizing teenagers to visit Golden Eagle Cartoon

leading tech enterprises thereby facilitating their direct contact with cutting-edge technologies

and laying a solid foundation for the establishment of China's AI talent center for youth. This

initiative aims to blaze a professional trail for youth to engage with future technologies further

expand a new sector for youth tech study tours and create pioneering Mango products for tech

study tours.Strategic Partnership with

Tengen Intelligence Institute

Case "At Mango" Self-Developed Information System Platform

Mango Excellent Media has developed "At Mango" an intelligent

Case Happigo's Technological Upgrade—Offering Automated Intelligent Digital Employee Assistants collaborative office management platform that integrates real-time

communication audio-video conferencing document management

email and other office collaboration suites through self-developed

Happigo has strategically leveraged the Mango ecosystem to drive cloud technologies achieving integrated collaborative working at Mango. By

service costs to historic lows. By incorporating Huawei Cloud Service resources deeply incorporating finance HR business and asset management

and restructuring its application systems to align with Huawei Cloud Service the platform harmonizes business workflows with collaboration

resources Happigo is projected to reduce annual cloud service expenses processes and makes business processes more automated and

from RMB 565000 in 2023 to RMB 298000 in the next two years through data intelligent by deepening internal and external connectivity enhancing

migration marking a cost reduction of RMB 267000 or 47.3%. business empowerment and upgrading product interaction

experience thereby increasing the per employee productivity ratio.Happigo has introduced intelligent digital employee (bot) assistants. In the private domain operation scenario these digital employees provide

automated assistance in processing private domain tasks such as messaging client management group management and marketing notification

pushing. This initiative enables the centralized management of dozens of digital employees (bots) without manual intervention freeing human

employees from tedious work.Digital Employee Application Performance

"At Mango" Self-Developed Information System Platform

1V1 bots have been Group messaging bots In the group In the 1V1 interaction

equipped engaging with have been equipped management scenario scenario the number of

20000 customers per sending messages to the daily message- messages sent per session

day and sending 30000 around 200 groups six sending frequency has has increased increasing With a microservices architecture the platform ensures scalability maintainability and fault tolerance. Distributed deployment enables

messages daily. times per day with a total increased boosting the 1-2 daily interactions per load balancing and high availability ensuring system stability and reliability. The end-to-end encryption technology effectively protects

of 6000 group messages group activity rate by customer which helps user data security guaranteeing security and privacy during data transmission. Multi-layered security defense measures data encryption

per day. approximately 3-5%. promote purchases. and backup and other technologies help prevent data breaches or loss. The system is now available across major application markets for

the use of external enterprises which can be applied in instant communication remote conferencing and customer service and support.

41 42Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Communication with Stakeholders

About Mango Excellent Media

Mango Excellent Media attaches great importance to communication and exchange with internal and external stakeholders of the

Company and has launched dialogues with stakeholders through various channels to gain a deeper understanding of the demands

Development Strategy and expectations of each stakeholder seek the trust and support of all parties and promote the continuous improvement of social

responsibility management."Those who understand the trend are wise; those who ride the trend succeed." Guided by Xi Jinping Thought on Socialism

with Chinese Characteristics for a New Era we thoroughly implement the guiding principles of the 20th National Congress of Stakeholders Expectations and demands Communication and performance

the Communist Party of China (CPC) and the second and third plenary sessions of the 20th CPC Central Committee Xi Jinping

Thought on Culture and General Secretary Xi Jinping's important speeches and instructions during his two visits to Hunan. Firmly Paying taxes by the law Actively paying taxes by the law

anchoring ourselves in the "integration of culture and technology" as the guideline we leverage new quality productive forces to Government and Operating with integrity and compliance Improving corporate governance

build new quality communication capabilities driving upgrades in content platforms and industry. On this new journey to build regulatory Promoting mainstream culture Mainstream media

a large-scale state-owned cultural platform with strong communication power influence and competitiveness we will make authority Ideological and cultural work Party-building leadership

sustained efforts to write a new chapter in Mango's high-quality development.Improving corporate governance

ESG Management Stable performance growth Safeguarding shareholders’ rights and

Shareholders Improving return on investment interests

ESG System Building and investors Understanding the Company’s operations Investor relations management

Expanding consumer groups Information disclosure

The Company has set up an ESG work team under the leadership of the board of directors to build an ESG management structure Industrial agglomeration upgrading

and invited professional institutions to investigate the ESG status quo of the Company and its subsidiaries through field visits and

questionnaire surveys sort out their existing awareness management and measures put forward corresponding improvement

suggestions and regularly carry out relevant training. During the reporting period the Company won the "18th Awards of the Value Technological innovation

of Listed Companies in China: Top 100 Chinese Listed Companies by ESG Performance" and was rated AA by CSI Index in terms of Excellent works Strengthening information security

our ESG performance. Protection of rights and interests managementCustomers / Privacy protection Content and advertisement review

Consumers Content compliance Upgrade of membership benefits

Value leading Guaranteeing user experience

Key Performance Minor protection

The Company won

Creating long-term stable cooperation

The "18th Awards of the Value of Listed Compliance with business ethics Insisting on open and transparent

A by CCXGF in terms of our Suppliers

Companies in China: Top 100 Chinese Rated AA by CSI Index Open and fair procurement procurement

ESG performance and partners

Listed Companies by ESG Performance" Driving industry development Promoting industry exchange and

cooperation

Compliance with relevant laws and

Protection of rights and interests regulations

Employees Providing vocational training Comprehensive training system

Good working environment Colorful employee activities

Systematic employee benefits

Participating in volunteer activities

Commitment to charity

Providing a public welfare platform

Emphasis on public welfare promotion

Communities Supporting public welfare publicityPromoting gender equality

and the public Rural assistanceAttaching importance to environmental

Inclusive of women

protection

Environmental protection

ESG Ratings and Honors of the Company

43 44Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Materiality Assessment

Mango Excellent Media actively fulfills its social responsibility makes an in-depth analysis of macro policy orientation and trends in

sustainable development at home and abroad based on social responsibility compilation guidelines trends in corporate issues in

the media industry stakeholder demands and relevant plans for its social responsibility work and clarifies its materiality issues by

collecting the demands of stakeholders through questionnaire surveys

Materiality Matrix of Mango Excellent Media

01 Media Diversification Content Review and 02 03 Value Leading

Advertising Compliance

23 Technology R&D and 04 06 Technology Ethics

2 Innovation 05 Digital Development3

17

07 Application of AI Customer and Consumer

09 Minor Protection

08

Services and Rights Protection

18 Employee Communication and 8 10 Equal Employment 12

9 1 7 11 Promoting Employment Democratic Management

4

26 5 Employee Care and 11 13 13 Employee Training and Driving Industry

Incentives 14 15

24 Development Development

16 16 Rural Revitalization Response to National Information Security and

1718

Strategies Privacy Protection

Intellectual Property

1419

22 Protection 20 Party Building Leadership 21 Corporate Governance

15 10 25 620 21 Compliant and Legal Business Ethics and Anti-22 23 Social Responsibility

12 27 19 Operation Corruption 24 Management

Materiality to Corporate Finance Building an Environmental Producing Low-Carbon

25 26 27 Green Office

Materiality Matrix of the Company Management System Programs

4546

Materiality to Impacts on Economy Society and EnvironmentMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Honors of the Year

Name of Honor Issuer

Mango TV was awarded as an "Annual Online Platform" at the 30th Chinese Documentary China Television Artists

Mango Excellent Media Festival Association

The Forerunner Divas Hit The Road When Marx Met Confucius and New Great Changes in

Office of the Cyberspace

Name of Honor the Countryside were awarded the "Online Audio-Visual Work Spreading Positive Energy" Issuer Affairs Commission of the

in the 2nd Collection and Broadcasting Exhibition Campaign for Top Ten Online Works

China Association for Public CPC Hunan Provincial

2024 Excellent Case of the Board of Directors of Listed Companies Spreading Positive Energy in Five Categories; and Amid Lucid Water and Lush Mount was

Companies Committeeawarded the "Online Special Column Spreading Positive Energy"

Ranked 19th among "2024 Top 100 Chinese Internet

Internet Society of China Infocomm Media

Companies by Comprehensive Strength" The 2023-2024 Hunan Satellite TV and Mango TV New Year's Eve Gala won the Best Development Authority

Guangming Daily Press and General Entertainment Programme at the Asian Academy Creative Awards (AAA) (IMDA) and Singapore Media

Top 30 Cultural Enterprises in China

Economic Daily Press Festival

The Company has been rated as Grade A in the annual information disclosure assessment by the A Guide to Answering Life's Big Questions won the Gold Prize of the Public Service

Shenzhen Stock Exchange China Advertising

Growth Enterprise Market (GEM) of Shenzhen Stock Exchange (SZSE) for six consecutive years. Advertisement Grand Prix 2024; and My "Clumsy" Mom and When You Were Young won the Association

Silver Prize

Mango TV Golden Eagle Cartoon

Name of Honor Issuer

Name of Honor Issuer

The Forerunner Meet Yourself China S3 Infinity and Beyond 2023 and Dream Under the The Publicity Department of

Rice Panicle won the 17th Best Works Award the CPC Central Committee General Yang was shortlisted for the "Outstanding TV Animation Program" category National Radio and

at the TV Art Starlight Award Television Administration

The Forerunner and Meet Yourself won the Outstanding TV Series award at the 32nd China Federation of Literary

China TV Golden Eagle Awards; Infinity and Beyond 2023 received the Best TV Variety (Arts) and Art Circles China National Radio and

Program award at the 32nd China TV Golden Eagle Awards Television Artists Association Cartoon Little Culture Guardians Television Administration

The Forerunner Meet Yourself and The Long River were awarded the "Outstanding TV

Drama" at the 34th Flying Apsaras Award; Infinity and Beyond 2023 and The Past Decade National Radio and National Radio and Golden Eagle Cartoon was recognized as an Outstanding Broadcasting Agency

were awarded the "Outstanding TV Variety Show" and the "Outstanding TV Cultural and Television Administration Television Administration

Arts Program" respectively at the 28th TV Art Starlight Award

National Radio and

National Radio and Television General Yang (Part 2) was awarded the "2023 Outstanding Domestic TV Animation" Television Administration

Administration Central Radio

The Forerunner won the Jury Prize at the Magnolia Awards; and Divas Hit The Road won

and Television Station and

the Best Variety Program at the Magnolia Awards Three-Child Family S2 a marketing collaboration case between Yeeper and Golden

Shanghai Municipal People's Eagle Cartoon won the "Outstanding Case Award" at the 3rd National Radio and

Government China Advertising Television Integrated Media Marketing Innovation Competition; and Find Your

Ride The Wind 2024 was awarded the Excellent Online Variety Show in the Selection AssociationMusic Buddy a marketing collaboration case between Readboy and Golden Eagle

Campaign for Outstanding Internet Audiovisual Works (Second Quarter); The Warrior We

National Radio and Cartoon won the "Silver Case Award" at the same competition

Shall Meet Again and Hard to Find were awarded the Outstanding Online Micro-Drama;

Television Administration

Painting a New Era was awarded the Outstanding Short Video; and Warm China: Stories "Know the Risks Avoid the Dangers – Safe Journey for Children" and "Refreshing

of Urban Public Service was awarded the Outstanding Online Public Service Short Film Words for Grown-ups" won the Bronze Award and Outstanding Work Award China Advertising

Infinity and Beyond 2023 Divas Hit The Road and A Guide to the Good Life were awarded National Radio and of the Public Service Advertisement Grand Prix respectively at the 31st China Association

the "2023 Annual Innovation and Excellence Program in Radio and Television" Television Administration International Advertising Festival

The 2025 Hunan Satellite TV and Mango TV Spring Festival Gala (variety gala) Infinity and

Infocomm Media

Beyond S4 and Gold Rush 2025 (variety programs) Admonitions to Officials in China S2

National Radio and

(documentary) Little Culture Guardians (animated series) as well as Begin Again and Three-Child Family S2 won the Best Children's Programme at the Asian Academy Development Authority

Television Administration

Flourished Peony (TV dramas) were awarded the Outstanding TV Program for the 2025 New Creative Awards (AAA) (IMDA) and Singapore Media

Year and Spring Festival by the National Radio and Television Administration Festival

47 48Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Xiaomang E-Commerce Happigo

Name of Honor Issuer Name of Honor Issuer

A Journey for No. 1 S2 was named an Outstanding Program

China Television Artists Association The Happigo Shopping Channel was recognized as an

at the 16th China Tourism TV Week held in Yangzhou China Home Shopping Alliance"Advanced Group for Supporting Rural Revitalization"

A Journey for No. 1 S2 won the Best Branded Programme Infocomm Media Development Authority

at the Asian Academy Creative Awards (AAA) in 2024 (IMDA) and Singapore Media Festival Happigo was awarded as an Outstanding Volunteer Team in Office of Hunan Provincial Commission for

the "Following Lei Feng Road" Hiking Activity Involving Ten Guiding Cultural and Ethical Progress CYLC

Thousand Lei Feng Volunteers Changsha Municipal Committee etc.Xiaomang E-Commerce was recognized as a "Radio and

Hunan Radio and Television Administration

Television Media Integration Pioneer Unit in Hunan Province"

Hunan Radio and Television Administration

Office of the Cyberspace Affairs Commission EE-Media

of the CPC Hunan Provincial Committee

A Journey for No. 1 S2 won Second Prize at the 9th Hunan Committee for Work Related to Offices Directly Name of Honor Issuer

Online Original Audio-Visual Program Competition Under the CPC Hunan Provincial Committee

Department of Education of Hunan Province

2024 Hua Chenyu Mars Concert won the Platinum Award

CYLC Hunan Provincial Committee and Hunan International Award Association

the highest honor of the American Good Design

Broadcasting System

Xiaomang E-Commerce was named a 2024 Gazelle Changsha Municipal Development and

Enterprise of Changsha Reform Commission

Xiaomang E-Commerce was selected as a 2024 Innovation Changsha Municipal Human Resources and

and Entrepreneurship Project for Job Creation in Changsha Social Security Bureau

Xiaomang E-Commerce received the 2023 Enterprise Administrative Committee of the Malanshan

Growth Award Video Cultural and Creative Industrial Park

Xiaomang E-Commerce received the 2023 Kaifu District CPC Kaifu District Committee and the People's

High-Quality Development Contribution Award Government of Kaifu District Changsha

49 50Governance Responsibility

Our Concept

Mango Excellent Media takes an active role in undertaking its governance responsibility and

continuously refines its corporate governance framework to ensure the efficient operation of the

governance structure. Under the leadership of Party building efforts the Company proactively carries

out thematic education to deeply integrate Party conduct with corporate culture. Through a well-

established governance mechanism involving the General Meeting of Shareholders the Board of

Directors and the Board of Supervisors along with a robust investor relations management system

the Company has established transparent and efficient communication channels. This guarantees

shareholders and investors' rights to information and participation. Mango Excellent Media prioritizes

the refined management of risk identification and internal controls ensuring stable business

operations and manageable risks. Meanwhile the Company upholds fair business practices adheres

strictly to business ethics and strengthens anti-corruption and integrity efforts. By maintaining a

good corporate image and fulfilling its social responsibilities Mango Excellent Media is committed to

driving high-quality development in an all-round way and taking on its social mission and duties as a

mainstream new media group.Our Actions

Party Building Leadership Corporate Governance and

and Thematic Education Investor Relations Management

Risk Identification and Internal Control Fair Business Practices Anti-

Corruption and Integrity

Our Achievements

Leveraging the advantages of the Party leadership and corporate governance as a state-owned

enterprise Mango Excellent Media continued to advance rigorous corporate governance and good

business ethics in strict accordance with laws and regulations and the requirements of regulatory

authorities. Our excellent governance and standardized operation have been recognized by

regulatory authorities and we were awarded the "2024 Excellent Case of the Board of Directors of

Listed Companies" by the China Association for Public Companies. With zero errors in information

disclosure we have been rated as Grade A (the highest grade) in the annual information disclosure

assessment by the Growth Enterprise Market (GEM) of Shenzhen Stock Exchange (SZSE) for six

consecutive years. We successfully held the national final of Shareholders Coming 2024 with the

cumulative viewership of Mango TV Investor Education Channel exceeding 650 million.Relevant SDGsMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

The Company vigorously presses ahead with the deep integration of Party building with corporate governance by implementing

Building Leadership and Thematic Education a cross-appointment mechanism between Party Committee and Board members as well as between primary-level Party

organizations and administrative bodies. This strengthens the leading role of Party organizations in corporate governance. By

continuously reinforcing grassroots Party building the Company has established a network of strong Party branches with robust

Mango Excellent Media consistently upholds Party building leadership and furthers the efforts to improve Party conduct and political functions competent leadership dedicated Party members and effective performance ensuring that Party organizations

integrity by deeply integrating Party building with corporate culture. The Company urges all employees to earnestly study political significantly contribute to corporate decision-making and operations.theories through thematic education activities to hone their Party spirit. This endeavor ensures that the Company maintains a

correct political orientation and shoulders due social responsibilities while pursuing rapid expansion.Party Building Leadership Key Performance

In line with the guiding principles of the 20th National Congress of the Communist Party of China Mango Excellent Media fosters synergy During the reporting period

among its four platforms to drive coordinated development. Under the leadership of the Party Committee Mango Excellent Media actively

promotes the deep integration of Party building with business development with a focus on the strategic goal of "integrating culture and

technology while achieving both social and economic benefits". The Company has formulated management systems such as the List of The Company established All

Main Responsibilities on Grassroots Party Building Implemented by the Party Committee of Mango Excellent Media Co. Ltd. and the Work

Plan on Implementing the Main Responsibilities of Full and Strict Governance over the Party by the Party Committee of Mango Excellent 8 temporary Party branches 3 Party committees 2 general Party branches

Media Co. Ltd. with a view to strengthening the "comprehensive Party building" mechanism through efficient coordination and multiple

measures. Furthermore the Company has made greater efforts to build a contingent of competent ideological workers and encourage

business backbone employees to join the Party endeavoring to ensure high-quality development with high-quality Party building.And

Key Performance 40 Party branches under its jurisdiction

dedicated Party members

have implemented the cross-appointment

During the reporting period and effective performance by mechanism between Party organizations and

the Working Committee of

The Company Bringing the total number For The Party administrative bodies. The Second Product Organizations Directly under

recruited of Party members to Committee held Technology Party Branch of Mango TV was the CPC Hunan Provincial

recognized as a strong Party branch with robust

44probationary 1141 25% Committee.accounting of the workforce 27sessions political functions competent leadership

Party members

To strictly adhere to the rules of procedure and decision-making procedures for Party organizations in state-owned

enterprises including the "Three Majors and One Large" collective decision-making system (i.e. major decisions

major personnel appointments major project arrangements and large capital operations) and the "Three Nos and

One Last" system (i.e. the principal leader does not directly oversee personnel finance or engineering projects

and speaks last in collective discussions). The political responsibilities of the Party organization for setting the right

direction keeping in mind the big picture and ensuring the implementation of Party policies and principles have

been fully implemented.

53 54Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Building China into a Leading Country in Culture under the Leadership

Case of Party Building Efforts Thematic Education

An article titled "Shouldering the New Cultural Mission in the New Era and Contributing Hunan Broadcasting System's Mango Excellent Media remains committed to prioritizing the study of Xi Jinping Thought on Socialism with Chinese Characteristics

Strength to Building China into a Leading Country in Culture" was published in Issue 9 of Party Building magazine in for a New Era as its primary political task. Through the "first issue" system the Company focuses on political advancement and

2024. The article elaborates on how Mango Excellent Media of Hunan Broadcasting System under the guidance of Party institutionalizes thematic education on an ongoing basis in the Party Committee's central group of theoretical study. Through

building has driven the Company's high-quality development and scored fruitful practices and achievements in this these initiatives we strive to acquire a deeper understanding of the decisive significance of the establishment of both Comrade Xi

regard. It highlights the Company's firm cultural confidence and thorough implementation of Xi Jinping Thought on Jinping's core position on the Party Central Committee and in the Party as a whole and the guiding role of Xi Jinping Thought on

Culture—with theoretical and political education at its core—to promote the deep integration of culture and technology Socialism with Chinese Characteristics for a New Era take a more clear-cut political stance and improve our capacity for political

and accelerate content creation and industrial layout. Through robust anti-corruption efforts and innovative Party judgment thinking and implementation.building practices the Company has embraced its mission bestowed by the new era deepened the fusion of culture and

technology under the leadership of Party building efforts and promoted high-quality industrial development thereby

contributing to building China into a leading country in culture. Continuous efforts in improving Party conduct building Key Performance

integrity and integrating Party building with business development at Mango Excellent Media have yielded significant

demonstration effects in the industry further manifesting the profound impact of Party building on corporate governance During the reporting period

and social responsibility.The Company conducted And

27 centralized 11 discussions 4 collective study sessions

"first issue" study sessions on Party discipline education.Mango TV put "Xi's Moments" at the top of its home page with the special section for

General Secretary Xi Jinping's important reports being viewed more than 6.1billion times

The Company produced And received over

7 national-level commendations from out of 15 major projects under 60the Publicity Department of the CPC Central

the "Brightness Action for Chinese

Committee the National Radio and Television

Modernization" creation initiative

Administration and other authorities.An article titled "Shouldering the New Cultural Mission in the New Era and

Contributing Hunan Broadcasting System's Strength to Building China into a

Leading Country in Culture" was published in the Party Building magazine

55 56Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Holding the "Memory and Legacy" Lei Feng Spirit Lecture Case Strictly Upholding Party Disciplinary Boundaries through Group Study

In March 2024 Mango Excellent Media jointly hosted a In May 2024 the Party Committee of the Company held their fifth

Lei Feng spirit lecture themed "Memory and Legacy". collective learning session of the year including a dedicated group study

The event featured Feng Jian a close friend of Lei Feng session at the Party discipline education workshop. Participants engaged

as the keynote speaker. The lecture aimed to inspire in an in-depth study of General Secretary Xi Jinping's key discourses

Party members to embody Lei Feng's selfless dedication on tightening Party discipline and conducted a focused reading of the

and wholehearted service to the people. Feng Jian Regulations on Disciplinary Actions of the Communist Party of China.shared personal anecdotes of Lei Feng reflecting on Lei During the session the Deputy Secretary of the Party Committee

Feng's noble ideals and steadfast determination while delivered a lecture titled "Safeguarding Mango Excellent Media's Steady

emphasizing the long-lasting impact of Lei Feng's spirit and Long-Term Growth with Strict Discipline" highlighting the critical

on both personal development and social progress. role of discipline in ensuring the high-quality development of Mango

Attendees found the session deeply inspiring and Excellent Media's business. The lecture also outlined three key measures

committed to upholding and carrying forward Lei Feng to enhance discipline education and awareness. Over 90 people

spirit dedicating themselves to their respective roles including senior executives department heads and unit leaders from

and striving to be "bolts on a machine" that contribute the above two platforms attended the session. Participating leaders

their efforts to society in the new era. shared personal insights emphasizing the importance of strengthening "Memory and Legacy" Lei Feng Spirit Lecture

self-discipline through Party discipline studies urging Party members to

Education Workshop's Group Study strictly adhere to disciplinary boundaries and ensuring the Company's

steady and sustainable development.Carrying Forward Lei Feng Spirit—Youth Volunteers Participating in the Discipline Education Conference for Hosts Artists and Producers to

Case "Following Lei Feng Road" Hiking Activity Case Strengthen Discipline Education and Accountability

In March 2024 youth volunteers from Mango Excellent In July 2024 Mango Excellent Media convened a Discipline Education Conference for hosts artists and producers. The conference

Media completed a 22-kilometer hiking activity themed aimed to deepen understanding and implementation of Party discipline and regulations with a strong focus on the theme of

"Following Lei Feng Road" to honor Lei Feng's enduring learning understanding and adhering to discipline and underscored the responsibility of Mango Excellent Media in fostering

legacy. This activity symbolized Mango Excellent Media's a strong sense of discipline awareness as a Party

dedication to embracing challenges and maintaining media and a state-owned enterprise. Chaired by Party

perseverance and exemplified Mango Excellent Media's Committee leaders the conference invited a discipline

understanding of and commitment to Lei Feng spirit. expert to provide an in-depth interpretation of the

People at Mango Excellent Media consistently uphold Regulations on Disciplinary Actions of the Communist

"embracing their profession with dedication" as their Party of China analyzing key aspects such as political

work ethic striving to be a steadfast and resilient force discipline and integrity discipline. Through case

in society. Along the journey volunteers motivated each studies attendees gained a profound understanding

other with unwavering determination embodying the of disciplinary requirements and committed to

power of unity and perseverance while showcasing conscientiously observing discipline upholding

fearless resolve and relentless efforts. This activity not ethical standards and safeguarding the platform's

only strengthened team cohesion but also provided an reputation. Beyond raising the self-discipline

opportunity for reflection and exchange for employees. consciousness of all hosts artists and producers

Through overcoming personal limits participants gained the conference reaffirmed the social responsibilities

a profound appreciation for the timeless influence of Lei Holding of the Discipline Education Conference for of public figures urging all employees to integrate

Feng spirit. Hosts Artists and Producersdiscipline into their daily work and contribute to the

Mango Excellent Media volunteers participating in the high-quality development of Mango Excellent Media's

"Following Lei Feng Road" Hiking Activity four platforms.

57 58Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Company Governance Structure

Corporate Governance and Investor Relations Management In strict adherence to the requirements of the Company Law of the People's Republic of China along with other relevant laws

regulations and normative documents the Company has established a corporate governance structure consisting of "four

committees and one management" with the Board of Supervisors the Board of Directors and the Party Committee as the

Mango Excellent Media has continuously optimized its corporate governance structure in response to changes in the external highest governing bodies and the General Meeting of Shareholders held regularly. Functional committees including the Strategy

environment and the Company's operating conditions. The Company has strengthened the governance practices of the General Committee the Remuneration and Appraisal Committee the Nomination Committee and the Audit Committee operate under the

Meeting of Shareholders the Board of Directors and the Board of Supervisors and ensured transparent and standardized Board of Directors. This governance structure ensures scientific decision-making and efficient governance.information disclosure. Furthermore the Company has established a solid foundation for legal compliance safeguarded the

legitimate rights and interests of all investors and continuously improved

Mango Excellent Media Co. Ltd.Corporate Governance

The Company places great emphasis on the standardization and institutionalization of corporate governance and has developed a

comprehensive governance system. This includes a series of foundational procedures such as the Articles of Association the Rules Board of Supervisors Board of Directors Party Committee

of Procedure for the General Meeting of Shareholders the Rules of Procedure for the Board of Directors the Rules of Procedure for

the Board of Supervisors and the Working System for Independent Directors. Each functional department operates with clearly

defined responsibilities and collaborates closely to ensure the effectiveness and scientific nature of the governance structure. Due

to its professional independent and diverse nature the Board of Directors provides strong support for the Company's decision- Specialized Institutions Discipline Inspection Committee

making effectively protecting the interests of shareholders and promoting the sustainable development of the Company. Strategy Remuneration and

Committee Appraisal Committee

Nomination Audit Office of the Board of Directors

Key Performance Committee Committee

During the reporting period the Company held

Audit Department Office of the General Manager

2 General Meeting 6meetings of the 5meetings of the 3 special meetings

of Shareholders Board of Directors Board of Supervisors of independent directors Editorial Committee

With With With With

16 major 43 major 24 major 12 major

resolutions approved resolutions approved resolutions approved resolutions approved

Happigo Golden Eagle Cartoon Happy Sunshine Xiaomang E-Commerce EE-Media

Organizational Structure of the Company

5960

Discipline Inspection and Supervision Department

General Department of the Party and the Masses

Legal Department

Finance Department

Publicity Management Department

Party Committee & General Manager Office

(Administration & Personnel Department)Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Information Disclosure Board of Directors

In strict compliance with laws and regulations of the People's Republic of China including the Company Law the Securities Law

and the Code of Corporate Governance for Listed Companies as well as normative documents the Company has structured its

Key Performance Board of Directors to enhance governance across multiple dimensions including diversity independence audit supervision

remuneration supervision nomination supervision strategy supervision and sustainable development.During the reporting period Diversity

The Company fosters a diverse Board of Directors by integrating directors from varied backgrounds and expertise ensuring a

The Company disclosed submitted broad range of perspectives and unique insights. This enhances corporate governance optimizes decision-making quality and

strengthens the Company's adaptability to internal and external changes. Mango Excellent Media places a high value on diversity in

111announcements 185 regulatory filings to the stock the development of its Board of Directors. Through reasonable staffing in terms of gender age professional expertise and industry

exchange and achieved zero errors in information experience the Company continually advances Board diversity equipping it to navigate complex market dynamics and reinforcing

disclosure with no announcement correction its long-term and sustainable competitive edge.supplementary announcement or supplementary filing.The Company has been rated as Grade A in the annual information disclosure Type Name Gender Age Industry Experience

assessment by the Growth Enterprise Market (GEM) of Shenzhen Stock Exchange

(SZSE) for six consecutive years. The Company also won the "Most Valuable Chairman Cai Huaijun Male 48 Strategic management

Investment Award" as one of the Most Influential Enterprises of the Year at the 7th

CLS Investment Summit of 2024. Furthermore the Board Secretary was honored Independent director Ding Wenhua Male 69 Information technology

as an Outstanding Investor Relations Example by the Chinese Securities Journal in

the "2024 Excellent Case of High-Quality Development of Listed Companies".Independent director Xiao Xing Female 54 Financial management

Xiao Xing Liu Yuhui Male 55 Macro economy

General Meeting of Shareholders Non-independent director Yang Yun Male 52 Financial management

The Company strictly adheres to the Articles of Association the Rules of Procedure for the General Meeting of Shareholders and other

relevant regulations ensuring standardized convening holding and deliberation of these meetings. To guarantee the legitimacy of Non-independent director Song Zichao Male 56 Cultural media

the General Meeting of Shareholders legal counsels are engaged to provide legal opinions ensuring that all shareholders particularly

minority shareholders enjoy equal rights. Through this process the rights of shareholders to information participation and voting are fully

Non-independent director Liang Deping Male 46 Strategic management

guaranteed enabling them to exercise their legal rights effectively and take an active part in key corporate decisions.Non-independent director Shen Wenhai Male 54 Mobile communication

Non-independent director Peng Jian Male 53 Strategic investment

Board Members of Mango Excellent Media

Annual General Meeting of Shareholders The First Extraordinary General Meeting of Shareholders

61 62Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Independence Investor Relations Communication

The independence of the Board of Directors ensures that decision-making remains free The Company places great importance on investor communication by continuously refining its transparent and efficient communication

from undue influence by any single interest group safeguarding the Company's overall channels. This year the Company strengthened its collaboration with brokerage research teams particularly leading institutions and

Key Performance

interests and shareholders' rights. During the year the Company revised the Working released multiple research reports recommending the Company. To maintain proactive engagement with key investors the Company

System for Independent Directors and completed the by-election of independent organized diverse research activities by adopting a "going out and bringing in" approach to sustain close relationships with significant

directors clarifying their responsibilities and ways to perform their duties and ensuring During the reporting period shareholders and ensure stable investment expectations.their independence. Notably a renowned academician with a technological background The Board of Directors comprised To better inform investors about corporate developments Mango Excellent Media actively responded to the concerns of small and

was invited to serve as an independent director of Mango Excellent Media further medium investors via interactive platforms investor hotlines and other channels to ensure open and transparent information provision.promoting the integration of culture and technology. 9members The Company also organized multiple investor relations events which provided investors with deeper insights into corporate business

development strategy and cultural initiatives and strengthened investors' confidence in the Company's value.Including

Case Online Investor Reception Day—Enhancing Communication and Interaction

3 independent directors.

To further strengthen interactions and exchanges with investors the Company participated in the "2024 Online Investor

Reception Day for Hunan-listed Companies" an event organized by the Hunan Association for Public Companies under the

Professionalism guidance of the Hunan Securities Regulatory Bureau. The event was conducted via an online format allowing investors to

engage in real-time interactions with the Company's senior management through multiple digital channels including the

The Board of Directors has established four specialized committees each responsible for specific functions including the Strategy Panorama Roadshow Platform WeChat official accounts and mobile apps. Throughout the event the Company provided

Committee the Remuneration and Appraisal Committee the Nomination Committee and the Audit Committee. These committees detailed responses to investor inquiries concerning its business performance corporate governance and development

leverage their professional competence and experience to provide informed decision-making support for the Board of Directors strategies while actively addressing market concerns about its future direction. This event offered an efficient and transparent

ensuring a scientific and well-founded decision-making process. communication platform between the Company and investors further strengthening transparency in the corporate

governance structure boosting market confidence and fostering a more dynamic and effective investor relationship.Board of Supervisors

The Board of Supervisors consists of three supervisors including one employee supervisor. In accordance with the Articles of

Association the Rules of Procedure for the Board of Supervisors and other applicable regulations supervisors diligently fulfill

their responsibilities for overseeing the Company's financial position related transactions periodic reports and the legality and

compliance of directors and senior executives' performance. They actively perform their functions of supervision and inspection

and make earnest efforts to safeguard the legitimate rights and interests of the Company's shareholder

Investor Relations Management

The Company continually enhances its information disclosure system oriented by investor demand ensuring the provision of

true accurate complete and timely information to facilitate informed investment decisions made by investors. In alignment with

the regulatory principle of the China Securities Regulatory Commission (CSRC) to "take information disclosure as the core" the

Company fulfills the obligation of information disclosure according to the Administrative Measures for Information Disclosure

of Listed Companies the Articles of Association and other relevant regulations to uphold transparency and effectiveness in

information disclosure. In addition to traditional announcements the Company has innovated its disclosure approaches by

publishing English versions of the ESG & CSR Report and the Annual Report. This expands investor reach enhances global investor

awareness of the Company and has earned high recognition from regulatory authorities.

2024 Online Investor Reception Day

63 64Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Mango Excellent Media's Investment Promotion Conferences Attracting Investor Education Promotion

Case Broad Engagement with Investors

The Company continues to enhance the refined management of the Mango TV Investor Education Channel broadening the influence

To deepen engagement with investors and industry partners the Company hosted its Spring and Autumn Investment and reach in investor education and protection. As the first new media investor education base in China the Mango New Media Investor

Promotion Conferences. A wide range of investors were invited to experience the unique appeal of the Mango ecosystem Education Base has pioneered innovative approaches in new media offering a fresh perspective on investor education.up close. The event showcased the Company's integrated achievements and introduced a diverse lineup of variety shows A rigorous three-tier review mechanism has been in place to ensure that all programs released on the Mango TV Investor Education Channel

drama series and commercially customized content. A key highlight of the event was the debut of a variety show directed undergo tripartite orientation verification and content review. This guarantees the accuracy and timeliness of investor education content

independently by AI "The 1% Rule of AIM" which underscored the deep integration of culture and technology and enhanced equipping investors with professional accurate investment knowledge and risk prevention skills while contributing to fostering a sound

the brand's diversification and global development potential. The conference also emphasized the cross-platform integration capital market environment. These efforts further cement Mango TV Investor Education Channel's leading position in investor education.of Mango ecosystem. By demonstrating innovations in TV series variety shows and emerging e-commerce sectors the

conference further enhanced trust among and cooperation with investors and partners advanced the Company's exploration

of culture-technology integration and highlighted its industry-leading ecosystem and unique commercial value.Key Performance

During the reporting period

The Mango TV Investor Education Channel actively participated in key national investor education campaigns

including the "Financial Education Promotion Month" "May 15 National Investor Protection Awareness Day" and

"March 15 Financial Consumer Rights Protection Education and Publicity Activity". As part of these initiatives the

channel launched the "Prevention against Fraud and Illegality" themed content series produced a special program

"Guarding Your Finances Protecting Your Family" and also co-hosted the national final of Shareholders Coming.In total the Mango TV Investor Accumulating With a total cumulative

Education Channel released viewership surpassing

147 190 million viewsinvestor education programs 650 million

Mango TV Investor Education Channel

65 66Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Shareholders Coming 2024 Risk Identification and Internal Control

By 2024 the Company has partnered with the China Securities Investor Services Center to host the national finals of In modern corporate governance risk identification and internal control are critical to ensuring corporate sustainable development

Shareholders Coming for four consecutive years earning high praise from the CSRC and Investor Protection Bureau. and achieving the strategic objective. Mango Excellent Media incorporates risk management as a core pillar of corporate

The Company played a central role in the event's planning production and promotion leveraging the strengths of both governance and has established a comprehensive risk management and internal control framework to enhance business

new and traditional media to significantly expand and deepen investor education in the capital market. The finals were compliance and risk prevention capacity through the development of scientific systems and processes ensuring reasonable

broadcast on Hunan Satellite TV and Mango TV with the first-week online viewership exceeding 16.9 million on Mango TV. allocation of resources and efficient operation of business activities.Through extensive media coverage the event enhanced the shareholder awareness of small and medium investors and

also promoted key capital market reforms contributing to the high-quality development of the market. Risk Management

The Company has implemented a comprehensive risk management system to proactively identify assess and control potential

risks in all kinds of business activities. In Q3 2024 Mango Excellent Media started to build a new risk assessment framework by

identifying and categorizing risks in an all-round way aligned with the Enterprise Risk Management—Integrated Framework and

adopting diverse risk response strategies tailored to different risk types. Through this framework the Company has improved its

overall risk control ability scientific nature and transparency of decision-making regulatory compliance and financial stability

thereby driving the Company's long-term growth.Risk Categorization

Strategic Risk Market Risk

Operational Risk Financial Risk

Legal Risk

Response Measures

Shareholders Coming 2024

Risk Avoidance Risk Mitigation

Risk Sharing Risk Acceptance

Risk Type Identification and Response

67 68Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Internal Control Fair Business Practices Anti-Corruption and Integrity

In firm adherence to the risk-oriented principle the Company rectifies and optimizes risks and problems by adopting the approach

of "overall design step-by-step implementation compliance first and gradual improvement" promptly once they are found. With a strong emphasis on business ethics Mango Excellent Media prioritizes anti-commercial bribery and anti-corruption oversight

Meanwhile the Company continuously updates and improves its internal control system according to its business development proactively fosters a market environment that promotes fair competition and combats monopolistic practices and strictly adheres to

needs ensuring that internal control efforts remain highly aligned with the changing and evolving corporate business. business ethics and standards. These initiatives have assisted the Company in effectively guarding against legal risks maintaining the good

reputation and sustainable operation of the Company and promoting the sound development of both the Company and the industry.Chairman as the first Responsible for internal

responsible person control & audit supervision Fair Business Practices

Internal control leading team Audit supervision department To uphold fair competition in the market and prevent monopolistic practices or unfair

Key Performance

competition the Company strictly complies with the Anti-Monopoly Law of the People's

Republic of China and other applicable laws and regulations and continuously refines

its institutional systems to establish and execute an anti-monopoly compliance During the reporting period

Responsible for building and improving Responsible for the implementation management mechanism. The Company recorded zero

the internal control system and optimization of internal control

litigation cases or major

Internal control working team Department business personnel administrative penalties related

to unfair competition.Internal Control Organizational Structure of the Company

In compliance with laws and regulations including the Accounting Law of the People's Republic of China the Law of the People's Republic of

China on Certified Public Accountants and the Administrative Measures for Selection and Engagement of Accounting Firms by State-Owned Enhancing Legal Compliance Awareness through New "Anti-Unfair

Enterprises and Listed Companies the Company has refined its Accounting Firm Selection and Engagement System to standardize the Case Competition" Case Explanation

selection and engagement process and relevant requirements. This system clearly defines selection and engagement procedures criteria

In May 2024 the Company conducted a special training session on anti-unfair competition providing an in-depth

and audit quality standards ensuring fairness and independence in financial audits and safeguarding the accuracy and transparency of

discussion on certain new cases including "Mango TV v. Lan Jing Ling" seamless streaming and resource sniffing

financial information. Through a rigorous selection and oversight mechanism the Company has significantly enhanced the quality of audit

to analyze whether such business practices constitute infringement or unfair competition. The training enhanced

and the compliance of internal controls further strengthening its internal control framework.employees' understanding of industry competition rules laws and regulations increased their awareness of fair

To continuously improve internal control the Audit Department of the Company regularly conducts internal control training and case study competition and legal compliance and provided a strong safeguard against potential similar disputes in the future.sessions strengthening staff training initiatives and promoting the comprehensive optimization of the Company's internal control system.Case Internal Control Training to Strengthen Risk Control Capabilities

Mango Excellent Media's Audit Department Conducting Training An Internal Control Evaluation Team from Mango Excellent

Media's Audit Department Conducting Internal Control Training

and Guidance for Golden Eagle Cartoon Special Training Session on Anti-Unfair Competition

69 70Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Anti-Corruption and Integrity Improving Party Conduct

The Company always places great importance on improving Party conduct and fully implements the requirements of full and

The Company prioritizes business ethics management and anti-corruption aiming to foster a fair impartial business environment. strict governance over the Party. By formulating the Work Plan for Improving Party Conduct and Conducting Discipline Inspection

A comprehensive anti-corruption management system has been established to prevent oversee educate and penalize corruption- the Company has made solid progress in improving Party conduct and ensuring clean government. Through enhanced political

related activities ensuring the integrity and compliance of the Company's operations. oversight the Company has worked harder to oversee the leadership and management and took internal rectification actions.Dual Platforms". To foster a strong atmosphere free from corruption

Hunan Satellite TV and Mango TV ("dual platforms") spearheaded

extensive clean education campaigns and systems with a focus on Case Rectifying the Misuse of Corporate Resources for Personal Gain to Combat Corruption

"integrity" and "thrift". As part of this initiative the Company issued

the Self-Discipline Integrity Convention and the Thrift Initiative and In April 2024 the Company held the 2024 Anti-Corruption Work Conference and Rectification Mobilization Meeting

integrated integrity and thrift principles into employees' daily work with a special focus on addressing the misuse of corporate resources for personal gain. The conference thoroughly

and life through creative short promotion videos and engaging implemented General Secretary Xi Jinping's guiding principles on the Party's self-reform aligned with the directives

posters. Additionally through the establishment of precise systems of the CPC Central Commission for Discipline Inspection (CCDI) and the Provincial Discipline Inspection Commission

and integrity-focused units dual platforms have driven institutional and emphasized the requirement of intensifying the anti-corruption efforts. Key highlights of the conference included

innovation and business optimization boosting production efficiency improving Party conduct firmly upholding the central Party leadership's eight-point decision on improving conduct

and cutting costs. With the growing influence of the incorruptible intensifying efforts in the special rectification of the misuse of corporate resources for personal gain and ensuring that

culture employees' awareness of integrity and thrift practices has anti-corruption and rectification measures remain rigorous and unrelenting. Furthermore the conference also outlined

been significantly enhanced and cost-saving behaviors in business concrete anti-corruption measures including enhancing disciplinary mechanisms reforming the supervision system and

processes have become increasingly prominent. These actions have intensifying oversight efforts to ensure that all anti-corruption and integrity initiatives are effectively implemented.not only reinforced the Company's integrity and self-discipline but This conference not only set clear objectives and requirements for special anti-corruption rectification but also provided a

also contributed to its ongoing efforts to reduce costs and improve Self-Discipline Integrity Convention and Thrift Initiative strong foundation for optimizing corporate governance structure and enhancing incorruptibility and self-discipline. With

efficiency in the pursuit of high-quality development further these efforts the Company ensures a clean and upright work environment in the fight against corruption that supports its

promoting the inheritance of an incorruptible culture. high-quality development.Case Integrity and Thrift Notebook—Fostering a Culture of Integrity and Simplicity

To deeply promote full and strict governance over the Party and foster a

political atmosphere of integrity the Company's Discipline Inspection and

Supervision Department launched a special column on the "Anti-Corruption

Action for Dual Platforms" and specially devised an Integrity and Thrift

Notebook aiming to inherit the values of integrity self-discipline and thrift.The notebook features key excerpts from General Secretary Xi Jinping's

speeches on integrity and thrift alongside an "Integrity Q&A" section that

shares more than 40 employees' stories and over 120 guidelines on integrity

and thrift practices. These resources serve as daily reminders for employees

to uphold integrity and thrift in their professional conduct contributing

to fostering a corporate culture of integrity consistently integrating the Anti-Corruption Work Conference

incorruptible culture in all aspects of the Company and providing a sound

and down-to-earth environment for high-quality development.Integrity and Thrift Notebook Designed

for the "Anti-Corruption Action for Dual

Platforms"

71 72Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Publicity and Training

Case Holding the "Passing on Good Family Traditions" Themed Activity for Leaders and Officials

The Company has made further progress in rooting out corruption by requiring general Party branches and Party branches at all

levels to conduct anti-corruption training and learning activities under the guidance of the Party Committee through multiple In March 2024 the Company launched the "Passing on Good Family Traditions" themed activity for leaders and officials.formats including the "Three Meetings and One Lecture" and the Thematic Party Day. Department heads and leaders of second-tier units participated in the initiative. At the beginning of the event participants

paid a visit to the Hunan Anti-Corruption and Integrity Education Center where they gained deeper insights into General

Secretary Xi Jinping's ideology on the Party's self-reform through docent interpretation and video information intensifying

education in the Party spirit. Later all employees watched the integrity education film "Strict Family Traditions" which

Key Performance emphasized the significance of good family traditions of leaders and officials in building a clean government through typical

real-life cases strengthening anti-corruption education. Through this activity participants recognized that good family

During the reporting period traditions serve as the foundation of ensuring integrity for leaders and officials and it is imperative to preserve our political cha

racter of integrity and make sure that fostering good family traditions is aligned with our efforts to improve Party conduct.The Company organized Including daily lessons on Party discipline and improved the integrity records

the study of nearly learning and education and warning posts management system registering

conducted "Zero Violations Zero Disciplinary

130 Offenses Zero Illegal Acts" training with overarticles 1683 e m p l o y e e s '

160 integrity recordsemployees participating

Mango Excellent Media organized an integrity culture education and training session for new employees themed "Eyes

on the Stars Feet on the Ground". The session was led by Zhang Shangbin Party Committee Member Secretary of the

Commission for Discipline Inspection and Supervisor of the Company. The training materials were divided into four

parts: fundamentals political attributes market characteristics and integrity of Mango Excellent Media as a Party media

and a state-owned enterprise. Covering

208 new employees across 49 departments from subsidiaries the training aimed to foster a sense

of self-discipline and integrity demanding that newcomers hold discipline in awe and respect do not cross the line Visit to the Hunan Anti-Corruption and Integrity Education Center Training for Good Family Traditions

and start their careers on the right path.Additionally Mango Excellent Media conducted two "Zero Violations Zero Disciplinary Offenses Zero Illegal Acts" training

sessions for over Whistleblowing System

106 The Company has formulated the Rules for Handling heads of primary departments and producers under the theme of "Building a Cleaner Whistleblower Reports by the Discipline Inspection

Reporting Box

Political Ecosystem at Mango". Heads of primary departments and producers were required to cascade the training and Supervision Department and established a well-

within their teams and relevant training materials were distributed to all employees across the Company. rounded whistleblowing mechanism by providing Email Address

multiple reporting channels.The Company continues efforts to deepen anti-corruption education and publicity and rigorously implement the accountability

system for anti-corruption to strengthen compliance consciousness across all employees. By enhancing daily disciplinary Telephone

supervision and ferreting out disciplinary violations the Company ensures the strict enforcement of discipline within the Party. Website

Reporting Channels

73 74Social Responsibility

Our Concept

Mango Excellent Media actively fulfills its corporate social responsibility by fostering harmonious

and mutually beneficial relationships with users employees partners industries communities and

other stakeholders. Through continuous communication and collaboration the Company aims to

develop a benign interaction with all parties and promote the common sustainable development of

the Company and the whole society.Our Actions

Quality Customer Privacy and Supplier Industry

Management Service Data Security Management Collaboration

Public Employee Employee Remuneration Democratic

Welfare Employment Development and Benefits Management

Our Achievements

Adhering to the philosophy of customer-oriented quality-first and continuous improvement Mango

Excellent Media recorded no serious safety or quality-related liability incidents involving its products

or services throughout the year. The Company has established a comprehensive user data and

privacy protection framework and built a secure and reliable supply chain system. Cumulatively

Mango Public Service Platform has hosted 46 registered public charity organizations released 105

public fundraising projects raised a total of RMB 26.32 million (including offline donations) and

attracted donations from over 124000 participants.Relevant SDGsMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Product Quality and User Rights

Mango Excellent Media stays committed to upholding the philosophy of customer-oriented quality-first and continuous

improvement. Through complete institutional frameworks and end-to-end quality control the Company ensures superior product

quality and an optimized user experience. By strictly observing the Rules for Settlement of Disputes Over Commodity Quality Issues Case Ensuring Premium Quality of Hainan Guifei Mango through On-site Quality Control

and the Customer Service Standards and Specifications the Company quickly responds to and resolves users' problems through a

standardized and professional service mechanism in an all-out effort to protect the rights and interests of users and enhance user During the reporting period before the all-channel market launch and promotion of Hainan Guifei Mango as a Mango

satisfaction through innovative services. Premium Product Happigo sent a team of quality control personnel to Baomi Sanya Hainan Province the fruit's origin

for on-site quality checks and quality control training of shipment personnel. Given the unique characteristics of fresh

agricultural products the team conducted thorough assessments of the overall quality characteristics yield and on-site

Product Quality packaging procedures of Hainan Guifei Mango to minimize customer complaints during bulk shipments. Additionally they

also provided on-site personnel with quality control training and carried out pre-shipment quality spot checks.The Company is dedicated to delivering high-quality products and services to consumers

through the persistence of the quality management concept of customer-oriented

quality-first and continuous improvement. By implementing a comprehensive quality

management system including the Rules for Settlement of Disputes Over Commodity

Quality Issues Mango Excellent Media ensures that quality control is embedded across

all links and business processes of the platform. From key commodity procurement and

warehousing to product quality evaluation the Company achieves all-around quality

management through the integration of all stages.

3 measures to ensure supplier and 4 measures to ensure

factory compliance with qualification product quality

Happigo Quality Management System

and certification requirements

Certificate

Third-party background checks Product listing review

on partner suppliers quality inspection upon

qualification and certification warehouse entry

review for partner suppliers upon anonymous product sampling

onboarding

and third-party professional

and on-site evaluations of testing of selected products

production factories.p Managem

-Lo

o ent S

d te r

3+4 On-site QC Inspection and Hainan Guifei Mango Packaging Process

Product Quality Enhancement Initiatives

7778

Clos

y

ate

gMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

User Experience Assurance Quality Service

Mango Excellent Media always places user

experience at the core of its services striving

to deliver high-quality high-standard Official Official Online Customer Service

Case Outstanding Customer Service Case of Happigo

Platform

services to users through a comprehensive Official Hotline

user experience assurance system. In strict In 2024 Happigo service representatives demonstrated exceptional professionalism when handling product returns after-sales

adherence to policies such as the Customer complaints and interactions with long-term members. Satisfied customers wrote letters of appreciation to express their thanks

Service Standards and Specifications and Complaint Public Complaints and Cyberspace Alipay to the staff who helped them. The dedicated and responsible service mindset of Happigo staff resolved customer concerns

Reporting Proposals Administration the User Complaint Response System the Administration WeChat safeguarded their interests and enhanced the Company's reputation.External

Company has established a standardized Channels Platforms 12315 of China https://

regulated and professional service Ministry of Industry and Weibo tousu.sina.InformationTechnology

mechanism that ensures swift responses Xiaohongshu com.cn/

and effective resolution of users' problems

to safeguard users' rights and interests.Call Handle or feedback on users' problems through the

Team call system and online system

Supervise the business process and service quality of the

Support call team and assist in dealing with the upgraded customer

Team complaints that cannot be handled by the call team

Mango Excellent Media's User Experience Assurance System

Internal Training to Enhance Customer Service

Capacity at Happigo

Pos ci

al Risk

t- SpeSal —es in

g P Psychology" Training R tis ree Adver -Lau Company-Wide "Co

nsumer

place od

n nter

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ing ch Tra by the Membership Marketing C

e

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plian T in

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79 80Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Information Security & Data and Intelligence-

Driven Development

Case Delivering a Superior Customer Experience through Efficient Service Mango Excellent Media has established a comprehensive institutional framework for user data and privacy protection including policies

such as the Data Security Management Measures and the Mango TV Network Security Manual. By implementing a robust information

During the reporting period Xiaomang E-Commerce received 2629 customer complaints through the platform in the process of security structure and hierarchical data protection mechanism the Company ensures efficient management and standardized

customer service. Each case was treated with the utmost priority and effectively resolved by positive and effective measures. The protection of user privacy and data security. This approach creates a secure and reliable digital environment for users promotes business

complaint resolution rate reached 100%. development by digital and intelligent means and drives the dual improvement of the platform and user trust.To further assess customer satisfaction a large-scale customer feedback survey was conducted by Xiaomang E-Commerce yielding

179000 valid responses with a response rate of 14.31% and a customer satisfaction score of 96.4% according to the customer Security Structure

satisfaction survey results. The high satisfaction rate highlights Xiaomang E-Commerce's remarkable progress in customer service

with most customers highly recognizing the platform's service quality responsiveness and problem-solving ability. Starting from management and leadership the Company has established data asset management norms from top to bottom

developed a comprehensive standard system and scheduling process and delegated relevant responsibilities to each department.Data

Data Asset Management Committee decision

maker

Data Management Department

Data manager

Operation and Maintenance

Department Development

Department Test Department and

other business departments

Data provider Data developer Data consumer

Department Name Role Responsibilities

Leader of data asset

Data Asset Management management; decision

Committee maker on major work Be responsible for arbitration in case of problems with a data-related rolecontent and direction of

data asset management

Operation and Maintenance

Department Development Be responsible for production safety during data production;

Department Test Data producer and ensure the safety of such processes as data acquisition and

Department transmission

Be responsible for leading the formulation of data asset management

policies standards rules and processes; coordinating disputes over

Data Management accountability; developing various data rules and supervising the

Department Data asset manager implementation thereof in terms of data asset security management; working out the overall data control process in the data asset

management platform; and providing secure data development and

query platforms as well as data interfaces

Business departments such

as data operation and data Data user Be responsible for safety

consumption

Mango TV's Data Asset Management Organizational Structure

81 82Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Data is classified into levels S4 S3 S2 and S1 based on the sensitivity importance and protection requirements of data as well as the damage

and impact of the leakage loss destruction or illegal use of data on national security social order and public corporate and user interests. Information Security

Mango Excellent Media places great emphasis on user information security. The Company has established complete systems and

S4 conducted regular employee training programs on information security to enhance their security awareness ultimately achieving

the goal of protecting the information security of the Company's target users.S3

In 2024 Golden Eagle Cartoon meticulously The OA system employs RAID disk array

In principle it is prohibited S2 developed the Management Measures for technology fortifying server security and to open to the public and

After a security audit is made the Information System of Golden Eagle effectively mitigating multiple potential risks. can only be used under

and necessary security control S1 Cartoon further refining and expanding In terms of data management Golden Eagle this data service module

measures are taken it can be the cybersecurity management framework Cartoon conducted regular cross-machine such as users' personal On the premise of meeting

accessed or used in a small and requirements from many aspects. This backups to ensure data redundancy and biometric information the requirements of the

range such as users' phone On the premise of meeting provides clear guidelines for cybersecurity integrity. Additionally data archiving has users'login password organization's information

payment password etc. numbers email addresses security management system the requirements of the

work and lays a solid standardized institutional been carried out annually which strengthens

transaction records and core organization's information foundation for creating a sound cybersecurity data security and traceability from multiple and personal information

indicators of the Company environment. dimensions and offers comprehensive protection it can be accessed security management system

used and shared with others and personal information

protection for data assets.protection the data Cybersecurity such as program service Golden Eagle Cartoon actively participated Golden Eagle Cartoon also implemented

data after taking appropriate independently disclosed by

Management

in the 2024 Network Attack-Defense Drill an extremely rigorous access control

security control measures users such as users' nicknames leveraging real-world scenarios to rigorously mechanism explicitly stipulating that only

and profile pictures can be

assess and reinforce its network infrastructure. authorized employees can access the system.Hierarchical Data Protection disclosed in a certain scope

Identified vulnerabilities were promptly and Access permissions are meticulously assigned

accurately rectified and comprehensively based on the specific job responsibilities of

The Company has established a data security platform to standardize data security management from organizational construction reinforced in the drill. Through a "training each employee limiting employees to only

system assurance data assets data approval management audit partner management education and training reporting through drills defending through combat" the necessary information and resources for

and complaints emergency response data lifecycle management and compliance evaluation ensuring a standardized and approach the capability and stability of the their tasks. This effectively minimizes the risk

streamlined workflow of data security management. The building of the data security platform is divided into three stages which network against complex threats experienced of data breaches. Additionally hierarchical

have been completed and are being gradually advanced. continuous improvement. protection measures have been taken for the

OA system to precisely identify and address

potential security risks. These efforts ensure

Three Stages of Building the Data Security Platform optimal system protection and safeguard

stable operations.Stage 1 Stage 2 Stage 3 Cybersecurity Management Measures Taken by Golden Eagle Cartoon

Case Enhancing Cybersecurity Protection Capability with a Network Attack-Defense Drill

Data security strategy and data lifecycle Security incident emergency Office desk and system

management under the data security complaints and management audit management

module as well as asset management under the data security module In December 2024 the Public Security Department of Hunan

process audit cooperative projects Province hosted the "HW2024" Network Attack-Defense Drill.education and training security As an active participator Xiaomang E-Commerce conducted

compliance assessment and life cycle information system reviews potential risk identification

under the basic security module penetration testing bug fixes system reinforcement etc. The drill

thoroughly evaluated the security protection work of Xiaomang

E-Commerce's information system tested the security protection

capability of its information infrastructure and trained its

cybersecurity emergency response team significantly improving Xiaomang E-Commerce's Participation in "HW2024" Network

its comprehensive capability to handle cybersecurity incidents. Attack-Defense Drill

83 84Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Information Security Training

Unsuitable information segregation Prevention of Internet addiction

During the reporting period Happigo organized a company-

wide information security training session sharing real-world The content zone under the "Teenager Mode" contains Under the "Teenager Mode" "time lock" and "disable

cases of information security incidents and emphasizing only video content suitable for minors to prevent time" functions are designed to limit the duration

internal management protocols related to information security. minors from accessing online information that may and period of minors' continuous use of the App to

The training enhanced employees' awareness of information affect or endanger their physical and mental health keep minors physically and mentally healthy

security risks and further strengthened the company's overall

information security defense.Purposes of the

"Teenager Mode"

Company-Wide Information Security Training at Happigo

Online payment ability and Protection of minors'

risk prevention for minors personal information

Under the "Teenager Mode" minors are restricted in Under the "Teenager Mode" the Platform does not target

the purchase reward and other operations in the App minors for user profile and advertisement marketing

to prevent them from purchasing services beyond their

payment ability

Protection of Minors

The Company places great importance on

user information security having established Purposes of the "Teenager Mode"

a comprehensive regulatory framework

and providing employees with information Improve application Apps like Mango TV and Maiji TV collect and use minors' personal information under the principles of "egitimate and necessary informed

security training to enhance their awareness. functions and content consent clear purpose security guarantee and use by law" and strictly fulfill their obligations and responsibilities of protecting minors'

These efforts aim to ensure the protection supervision mechanism Minors personal information as stipulated by law.of information security of the Company's Protection

audience and users. Management Guardian Function

Mechanism

By the Regulations for the Protection of

Minors on the Network the Company has Strengthen the Minors cannot perform The time lock is Maiji TV is not available If the duration of a

formulated the Policy on the Protection of management mechanism operations other than automatically enabled from 22:00 pm every single-use exceeds the

Minors' Personal Information and launched for parents and guardians the contents of minors with the default time of night to 6:00 am the trigger time verification

the "Teenager Mode" on Mango TV Maiji of adolescents 30 minutes next day is required to continue

TV and other apps to help guardians the use

ensure that the healthy and positive

contents can be viewed by minors so that

the Internet platform can better identify

and protect minors.

85 86Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Privacy Protection

Mango Excellent Media attaches great importance to user privacy and data security by implementing a well-established

institutional system that incorporates the Data Security Management Measures and the Network Security Manual. Meanwhile Case Fostering Good Communication with CAICT

the Company has optimized its data classification and grading system and successfully passed a data asset discovery capability

assessment laying a solid foundation for data security and privacy protection. In July 2024 Mango TV established effective communication with the China Academy of Information and Communications

Technology (CAICT) joining as a key member of CAICT's Zhuoxin Big Data Plan and an important partner in CAICT's data

classification and grading pilot program. Through pilot initiatives Mango TV finalized the classification and grading of its

Mango TV Management System data assets optimized its data classification and grading system and successfully obtained certification by passing the data

asset discovery capability assessment. These efforts have laid a solid foundation for improving the company's data security

defense ability and user privacy data protection.Mango TV has established a series of systems and operating

procedures that cover all aspects of platform security

management including the Business System Security

Management System the Data Security Management Measures

Case PIA Certification Marking

and the Personal Information Protection Policy. These

systems and operational procedures define clear objectives

responsibilities processes and standards for platform operation In September 2024 Mango TV partnered with the Digitalization Working Committee under the Zhongguancun Modern Information

security management. They are regularly revised and updated to Consumer Application Industry Technology Alliance (INFOCA) to initiate the Privacy Impact Assessment (PIA) certification marking

adapt to platform growth and the evolving security environment. process. Mango TV has successfully completed the integration for PIA certification submitted the required documentation

User Privacy Protection Measures of and passed preliminary reviews. This service has enhanced Mango TV's ability to identify privacy risks strengthened its security

The President of Mango TV serves as the primary person in charge

Xiaomang E-Commerce protection capability and improved its data security governance framework thereby ensuring better user privacy safeguards.of platform operation security and has organized to establish a

company-wide operation security responsibility system covering

the whole process. The system assigns clear operation security For stored data Xiaomang E-Commerce employs advanced

responsibilities at departmental and position levels ensuring encryption algorithms to encrypt user data transmissions on

individual accountability. its platform.To guarantee safe and reliable version upgrades Mango TV has For internal management Xiaomang E-Commerce has

established strict operating procedures for version upgrades set up a strict access control system defining different Key Performance

covering the version upgrade process testing and verification internal authorization levels based on employees' roles and

risk assessments and release and monitoring. Before any version responsibilities. During the reporting period

upgrade Mango TV conducts thorough testing and verification to

ensure the functionality security and stability of the new version. For user data collection Xiaomang E-Commerce adheres to Mango Excellent Media conducted a total of Mango TV a subsidiary of Mango Excellent Media conducted

Based on risk assessment results appropriate security measures explicit authorization principles showing the content of the

information to be collected and its intended use to users in a 5 data security and user privacy protection 1data security and user privacy protection training session.are implemented to minimize potential upgrade risks.clear and understandable manner during their registration or training sessions;

Mango TV has developed a Security Broadcasting and when using certain functions for the first time. Additionally data

Cybersecurity Emergency Response Plan outlining specific sharing with third-party partners will also be conducted only

contingency measures for different types of security incidents. with user consent.Regular drills are conducted to validate the effectiveness and

feasibility of the emergency response plan. Mango TV has In the event of significant changes to the privacy policy users

established an emergency response mechanism for security will be notified through in-app messages push notifications

incidents. In the event of a security incident the emergency or other communication channels allowing them to make

response plan will be immediately launched by relevant informed decisions regarding their privacy settings.departments ensuring effective measures to control the impact

of the incident and timely notification of users through official

security announcements.Mango TV management system User Privacy Protection Measures of Xiaomang E-Commerce

87 88Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Digital and Intelligent R&D Technology Ethics

Mango TV adheres to the guiding principles outlined in the Trial Guideline on the Review of Science and Technology Ethics jointly issued

Firmly upholding the "integration of culture and technology" as the guideline Mango Excellent Media remains committed to by the Ministry of Science and Technology of the People's Republic of China and nine other government departments. In April 2024

actively exploring effective mechanisms for the integration of culture and technology expediting the development of new forms the Company formally established the Artificial Intelligence Technology Ethics Review Committee responsible for conducting ethical

of cultural business upgrading and transforming traditional ones and striving to foster more new growth drivers in this sector. security reviews of AI-related technological activities of the Company. The committee has developed regulations and systems to provide

clear direction for technology ethics review processes ensuring the responsible and ethical advancement of technology.Innovating the Selection Training Retention Innovating Technical Empowerment and

and Deployment of Technical Talents the Internal-External Exchange Mechanism Intellectual Property Management

Successfully organized five consecutive seasons of the Established seven product and technology associations

"Qingmang Program". The theme for 2024 was "culture and conducted in-depth exchanges and training sessions Viewing intellectual property (IP) management and protection from a strategic viewpoint the Company has developed a comprehensive Mango

+ technology" focusing on outstanding product and focusing on technological innovation and tackling critical IP operation and protection system encompassing copyrights trademarks and patents. This framework ensures legal and compliant operations

technology graduates to sustain the team's innovative challenges helping enhance the professional expertise throughout content creation technology R&D and brand management. Through independent R&D and technological innovations the Company

momentum. and teamwork skills of technical innovation talents. has continually enhanced its original capabilities while implementing rigorous IP protection measures to prevent and address infringement risks.Hosted product and technology job fairs in the form of Strengthened targeted collaboration with research

exchange and sharing sessions primarily showcasing institutions colleges and universities and promoted

Trademark Management Patent Management

Mango TV's product and technology capabilities while the establishment of joint laboratories between the

strategically targeting top-tier talents from leading tech Hunan Broadcasting System and academic institutions Actively and strategically cultivate trademarks to Encourage innovation and proactively establish a robust

firms in Beijing and Shenzhen to expand the product and concentrating on making breakthroughs in intelligent enhance the brand value of Mango patent protection framework

technology talent pool. production and broadcasting technologies and shaping

Launched the first-ever "Live Job Fair" via the 1024 the next-generation content production ecosystem. Determine core brand matrices by hierarchical and Always adopt a market-oriented approach independently

live-streaming platform promoting the Company's Enhanced bilateral exchanges and technological classified management of trademarks and brands develop innovative products with core competitiveness

product and technology brand and highlighting the cooperation with leading Internet companies and Constantly consolidate the legal foundation of the and achieve almost full coverage of the patent layout from

professionalism of Mango TV's product and technology encouraged employees to actively participate in external "Mango" brand through monthly trademark monitoring platforms to content products technology terminals

team. technology sharing and exchange events to gain insights and take legal actions such as filing trademark users and markets

Actively implemented youth talent programs to identify from industry best practices. opposition claims against infringing trademarks that are

and nurture high-potential candidates through targeted Built a new mainstream digital and intelligent ecosystem similar to the "Mango" brand to prevent the dilution of

development and established a comprehensive that integrates culture and technology actively the core brand

cultivation mechanism integrating training practice organized professional competitions and participated Expand business route through business and constantly

assessment and selection ensuring a dynamic talent in various technology exhibitions to showcase the latest develop new derivative brands. The main brand and

reserve and a continuously replenished talent pipeline. advancements in culture-technology integration thereby derivative brand are promotion media of each other.enhancing industry influence. Increase the values of the brands together

Innovating Dedicated Incentive Policies Innovating the Technological Culture

for Technology at Mango

Continuously refined the qualification system for product Continued the tradition of hosting the 1024

and technology professionals providing clear internal Programmer Activity and creatively produced the first- Trademark and Patent Management

promotion pathways. ever micro-drama Wake Up and Find Myself Back at

Set up specialized technology awards to encourage Mango as a Programmer further igniting passion for

employees to engage in research and breakthroughs technology and the spirit of exploration and reinforcing

in new products and technologies with outstanding the technological DNA of Mango TV's workforce.projects selected quarterly.Established dedicated funding for patents and research

projects upholding the principle of ethical technology

and independent innovation ensuring sustained

patent output and driving continuous technological

advancements and innovations.

8990

R&D Management Innovation System ConstructionMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Responsible Procurement and Supply Management

During the reporting period

Mango Excellent Media always views supply chain management as a critical part of its sustainable development. The Company is committed to

The Company and its subsidiaries collectively held building a safe and reliable supply chain system by transparent procurement and due diligence. The Company strictly abides by the procurement

4355 290 1089 principles of "honesty integrity and transparency" and implements the Rules for Implementation of Bidding Procurement the Rules for registered trademarks software copyrights work copyrights Administration of Non-bidding Procurement and other rules and regulations to ensure that all procurement procedures are legal open and fair.

And Supply Chain ManagementIncluding

1549 558 805 pending 4 Mango Excellent Media actively accepts the supervision of suppliers and customers to effectively prevent commercial bribery and safeguard patent granted PCT international

patent applications the interests of all parties. The Company shares risk with suppliers through purchase-one-prepare-one spot + pre-sale and other modes applications patents patent applications and keeps optimizing its procurement plans to realize flexible supply chain management and ensure product quality and timely delivery.The Company filed Mango TV Procurement Management System

with With

251trademark 105 382 patent 210 The system defines the scope of procurement management The system also outlines the responsible department applications approved applications were submitted granted the organizational structure and responsibilities of for supplier management the specific supplier selection

procurement the procurement application process procedures the evaluation mechanism for suppliers the

procurement categories and detailed implementation rules. scope of the supplier blacklist and the criteria for blacklisting

and delisting suppliers.The Company has formed a three-dimensional protection network to safeguard its works in all aspects ensuring effective

management and real-time tracking of all IP assets and securing the Company's IP development and operational activities.Pre-Bidding Controls Mid-Bidding Controls Post-Bidding Controls

Project Initiation Content Production Work Completion Content For competitive negotiations and Before the bid opening the bid evaluation After the bidding process concludes

Stage Stage Stage Broadcasting Stage consultations the Purchasing Department team conducts a qualification review of the Bidding Office publicly announces

Actively apply Implement strict copyright Promptly register Carry out real-time conducts an initial screening of potential all participating suppliers. Only those the winning supplier. The Purchasing

trademarks to capture chain reviews and copyrights and piracy monitoring to suppliers from the market and internal who meet the required qualifications can Department then signs a contract with

the potential high-quality formulate the Guidelines standardize work prevent unauthorized supplier database in light of the actual proceed to the evaluation stage. the winning supplier according to the

market in advance on Copyright Chain attribution to secure broadcasting and other business. Then at least three suppliers are In addition to the mandatory qualification bidding results and content with multiple

Reviews of the Company ownership rights infringement behaviors selected to participate in the negotiation. criteria in the bids suppliers shall sign a departments jointly reviewing and approving

to ensure that the

The Bidding Office reviews the Letter of Commitment to Integrity and the contract before signing.elements involved in the

reasonableness of the qualification Legal Compliance and a Declaration of The Purchasing Department is responsible

core IPs are of legal origin

requirements procurement items and bid No Familial Tie with Employees Currently for communicating with the supplier during

and clear ownership

evaluation methods in the initial draft of the Working at Hunan Broadcasting System to the execution of procurement activities

paving the way for the

bids. The draft is then further reviewed by the mitigate correlated risks. under the oversight of all staff. Upon

subsequent development

bidding team members. The bid evaluation process is under the completion of the procurement activities of the IP industrial chain

Before issuing the bids the Bidding Office supervision of the Disciplinary Inspection multiple departments will evaluate the

conducts a thorough review to identify Department with audio and video supplier's performance in the supplier Three-Dimensional Protection Framework for Copyrights

any affiliated relationships risk factors or recordings in the whole process to ensure assessment system and the final payment is

blacklisted suppliers among the suppliers on-site discipline. only processed after the evaluation is complete.selected by the Purchasing Department. The Bidding Office conducts rating

Once the review is complete the bids are management for suppliers based on their

officially released by the Bidding Office. performance assessment results.Bidding phase control process

91 92Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Training and Practices of Merchant Management Rules for Supplier Chain BD Teams Case Specialized Merchant Training on World Consumer Rights Day

In 2024 Xiaomang E-Commerce provided training for supply chain business development (BD) teams focusing on With growing awareness of consumer rights the World

merchant management rules. In the training BD teams conducted a comprehensive review of merchant management Consumer Rights Day on March 15th each year has become

rules participated in group discussions to analyze real-world merchant management challenges and raised solutions a focus of public concern. During the reporting period

based on the learned rules. The training significantly enhanced BD teams' understanding of platform rules ensuring that Xiaomang E-Commerce invited industry experts senior

they effectively managed merchants in compliance with such rules. The training on merchant management rules for supply platform operators and legal professionals as instructors to

chain BD teams achieved significant results. Through structured content diverse training methods and a comprehensive explain the key points and precautions in merchant operations

evaluation of the training effectiveness the training effectively enhanced BD teams' understanding and application of the during the World Consumer Rights Day activity through live-

rules. This improvement greatly supported supplier management on the platform while reducing risks associated with streaming courses video tutorials and visual reminders in

merchant violations faced by the platform. real time. The training covered all merchants on the platform

achieving a participation rate of 100%. As a result during

the World Consumer Rights Day activity the Xiaomang

E-Commerce platform had no major public incident with

Supply Chain Security more standardized business behaviors of merchants and a

dramatic decline in consumer complaints maintaining the

Mango Excellent Media takes supply chain security management seriously and places a stable and safe supply chain at the core of stable operation and good reputation of the platform.its sustainable development strategies. The Company has launched specialized training for platform merchants by inviting industry

experts senior platform operators and legal professionals as instructors to explain the key points and precautions in merchant

operations through live streaming videos and visual posts in real time. This initiative has significantly standardized merchant

operations and reduced risks associated with merchant violations.Diversified Supplier Safety Stock Setting Logistics Partner

Network Selection

In terms of product categories Xiaomang E-Commerce sets Xiaomang E-Commerce partners

Xiaomang E-Commerce avoids reasonable safety stocks based on with multiple reliable logistics

over-reliance on a single category factors such as product importance providers and comprehensively

of suppliers. For core product sales frequency and supply stability. evaluates their service quality

categories Xiaomang E-Commerce delivery coverage transportation Xiaomang E-Commerce Merchant Training

will partner with multiple suppliers. capabilities and other factors.Xiaomang E-Commerce Supply Chain Security Guarantee Measures

Equal Treatment for Small and Medium Enterprises (SMEs)

The vitality and innovation of small and medium-sized enterprises (SMEs) are key drivers of sustained industry development. As such

the Company remains committed to fostering long-term and stable partnerships with SMEs to jointly promote industry prosperity and

growth. We treat SMEs as equal partners and are dedicated to building a fair and transparent cooperation environment. The Company

strictly complies with relevant laws and regulations and actively safeguards the legitimate rights and interests of SMEs. During the

reporting period there were no instances of overdue payments to SMEs.

93 94Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Industry Exchange and Value Co-Creation Case Leveraging the Hong Kong International Film & TV Market to Promote Chinese Culture Globally

Mango Excellent Media is dedicated to fostering the high-quality development of the media and entertainment industry. Through In March 2024 the 28th Hong Kong International Film & TV Market (FILMART) was officially launched at the Hong Kong

industry exchanges and collaborations the Company explores cutting-edge industry trends while showcasing its achievements in Convention and Exhibition Centre attracting over 750 exhibitors from more than 25 countries and regions. The Company

integrating Chinese culture with technology at events like MIPTV striving to contribute to the development of the industry and the showcased an extensive portfolio of high-quality films TV series and variety shows. At the event the cast of Infinity and

realization of social value. Beyond which had previously dominated Hong Kong viewership ratings and was hailed as a bellwether for cultural

integration in the Guangdong-Hong Kong-Macao Greater Bay Area recreated an emotional audience-wide singalong of

"Pearl of the Orient" and other highlights in the variety show.Industry Exchange Mango TV remains committed to expanding its global outreach ensuring that Chinese culture reaches a wider

international audience and fostering a better global understanding of China.By actively engaging in industry exchanges and collaborations Mango Excellent Media promotes innovative development in

the media and entertainment industry. The Company has hosted and participated in multiple industry events strengthening

communication and interactions with domestic and international peers while collectively exploring cutting-edge industry trends.Case New Technology Salon—Exploring Deep Integration of AIGC and Product Innovation

In April 2024 Mango TV hosted New Technology Salons in Shenzhen and Beijing spanning two cities over two days. Mango

TV's product technology team engaged with present leading technology professionals in passionate sharing and discussions

on product innovation large models AIGC applications and other emerging technologies. The event fully demonstrated

how Mango TV's latest products were better integrated with the programs to maximize content value. Participants gained

valuable insights into new technologies including the Mango LLMS.Mango TV at the 28th Hong Kong International Film & TV Market

Mango TV New Technology Salon

95 96Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case The New-Quality Appeal of Culture-Technology Integration Industry Collaboration

The 61st MIPTV made a grand opening in France in 2024 with Mango Excellent Media is committed to advancing the international development of media and entertainment industries through

the Company making a stunning debut showcasing China's active industry collaborations. By forging industry partnerships the Company has not only enhanced its global influence but also

first AI director "AIM" the e-commerce platform Xiaomang played a key role in promoting Chinese culture internationally.E-Commerce that converges trendy domestic goods and a

selection of premium films TV series and variety shows. As

China and France mark the 60th anniversary of diplomatic Case v The Successful Localization and Expansion of Sisters Who Make Waves Vietnam Version

relations bilateral ties between the two sides are thriving

with vitality at the beginning of 2024. Inside the Palais des

During the reporting period Mango TV signed a strategic cooperation agreement with Vietnam's leading media group YEAH1

Festivals the Company's product introduction event attracted

at a promotional event. This partnership follows the successful localization of Sisters Who Make Waves Vietnam Version which

an enthusiastic crowd with the Mango ecosystem drawing

topped Vietnam's national viewership rankings for 15 consecutive episodes. The variety show earned the "Best Variety Show

significant attention. Through dynamic presentations

of the Year" award from Vietnam Television (VTV) and set a new record for the highest number of sponsors (33) in Vietnamese

audiences experienced firsthand the new-quality appeal of the

variety show history achieving both commercial and reputational success.integration of Chinese culture and technology. The Company's Technology Showcase at MIPTV

Case "Warming Green Plum Wine Around the Stove" Activity

In January 2024 under the guidance of the Changsha

Municipal Bureau of Commerce and hosted by Happigo

under Mango Excellent Media the Company's self-operated

brand "Youyang" Green Plum Wine together with over 20

time-honored brands from Changsha organized a "Warming

Green Plum Wine Around the Stove" activity at Joy City

Beichen Delta Changsha. With extensive collaboration

among over 20 local influencer-driven brands the activity

not only met consumer expectations for authentic

Changsha cuisine and entertainment but also satisfied local

consumption demands to the greatest extent. By integrating

local delicacies and beautiful scenery into daily life the

event elevated the quality and level of urban consumption Happigo's "Warming Green Plum Wine Around

through innovative marketing strategies. the Stove" Activity

Mango TV & YEAH1 a Leading Vietnamese Media Group Strategic Cooperation Signing Ceremony

97 98Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Exploring Cloud-Based Production and Broadcasting and AI Innovation

Employee Growth Health and Safety

To enhance external exchanges and interactions and strengthen the technical expertise of Mango TV's product technology

team Mango TV partnered with Tencent Cloud to host a technology salon in March 2024. Multiple leading Tencent Cloud

technical experts were invited to discuss cloud-based production and broadcasting information security and AI innovative Mango Excellent Media always upholds a people-centric approach and promotes a "Nature Youth" culture continuously improving

technologies and their application feasibility in the video industry. The event facilitated knowledge-sharing on cutting- its policies and mechanisms to establish an employee development system deeply integrated with its strategic businesses. The

edge trends and best practices and the joint research and development of cooperative solutions further bolstering the Company has developed a comprehensive talent acquisition and development framework to actively protect employees' rights

competitive edge of Mango TV's technical team. and interests provide them with superior benefit packages and strengthen occupational health and safety. These efforts aim to

foster a greater sense of belonging and well-being among employees. Additionally through diverse human-centric initiatives the

Company continues to reinforce employee recognition promote the steady growth of corporate culture and increase its brand

attractiveness and talent cohesion.Employee Employment

Employee Composition in 2024

Key Performance

2%

8% During the reporting period

44%

for the employees of the Company

and its subsidiaries the employment

Mango TV & Tencent Cloud 2024 Technology Exchange Seminar By gender By age contract signing coverage rate was

39%

56%51%100%

Industry-Academia-Research Cooperation Female: 2541 51 and above: 90

Male: 1971 41 to 50: 361 and the social insurance coverage

As a leading domestic media and content platform Mango Excellent Media is dedicated to the mission of fostering industry dialogue and rate was

31 to 40: 2290

creating social value. By actively organizing diverse events the Company has not only strengthened its social influence but also contributed

significantly to the sustainable development of the industry. In recent years Mango Excellent Media has actively deepened its industry- 30 and below: 1771 100%

academia-research cooperation and worked closely with colleges and universities research institutions and industry partners to explore the

intersection of cutting-edge technologies and content innovation striving to build an open shared and innovation-driven industry ecosystem.

6%0.1%

3%16%

Mango TV Establishing Collaborative Mechanisms with Communication

Case University of China ShanghaiTech University and Other Leading Universities 15%20%

By By

During the reporting period Mango TV strengthened its targeted collaborations with research institutions and universities profession ed按uc性ati别onal34%

focusing on research-oriented talent cultivation. The Company has intensified efforts to establish joint laboratories with level

colleges and universities specializing in intelligent production and broadcasting technologies and shaping the next- 37% 68.9%

generation content production ecosystem.The Company has established sound collaborative mechanisms with the Communication University of China Production: 1551 Doctoral degree: 5

ShanghaiTech University Hunan University Changsha University of Science & Technology and other leading colleges Sales: 1660 Master's degree: 695

and universities engaging in multidimensional research and practices across cutting-edge virtual technologies AI and Technology: 876 Bachelor's degree: 3103

5G technologies innovative applications and high-tech talent development. Additionally Mango TV has partnered with Finance: 156 College degree and below: 709

key laboratories to actively participate in national ministerial and provincial-level major research projects and increase

efforts in cultivating project leaders and technical backbones. These endeavors further accelerate the growth of Mango Administration: 269

TV's innovation teams and the upgrade of its talent pipeline.

99 100Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Fair Employment Democratic Management

Mango Excellent Media adheres to transparent equitable competitive and merit-based recruitment and selection principles. In

strict accordance with the Labor Law of the People's Republic of China the Contract Law of the People's Republic of China and other The Company prioritizes democratic corporate management and provides employees with multi-level and multi-channel

laws and regulations the Company eliminates child labor or forced labor while ensuring gender pay equity and firmly safeguarding participation platforms by establishing democratic communication channels making regular employee satisfaction surveys and

the legal rights and interests of female employees. The Company is committed to fostering a fair and harmonious employment and providing incentive and performance appeal channels. These initiatives aim to improve employees' job satisfaction and cohesion

development environment for employees protecting all employees from discrimination for religion gender age disability or other and enhance transparency and fairness in corporate management.factors. To this end the Company has formulated internal rules such as the Measures for Administration of Employment Contracts to

establish legal compliant and equal labor relations with employees and form a code of conduct for them. Democratic Communication

Remuneration System Upholding a people-oriented transparent and open management philosophy the Company has expanded various communication channels and safeguarded employees' legal rights and interests enabling employees to play an active and constructive role in

Taking value contribution as its core the Company has established a complete remuneration system guided by the Remuneration corporate development. The Company's Labor Union gives full play to its role of bridge for communication attentively listens to

Management Measures and other relevant policies to ensure refined remuneration management. Daily performance evaluation employees at all levels and proactively responds to their evolving needs. To address employees' concerns and challenges the

mechanisms are optimized based on individual contributions responsibilities and risks in their respective positions. Furthermore Company actively coordinates resources of all parties to provide practical solutions.the Company attracts and retains top-level talents through fair and reasonable remuneration incentives providing sufficient

human resources support for the development of the Company aligning the Company's interests with those of the employees and

jointly promoting the achievement of its business objectives. Employee

Representatives Meeting Symposium Democratic Communion

Incentive and Performance Appeal Channels and Feedback Mechanism Comprehensively implement Establish a dialogue channel Widely solicit opinions and

the system of employee between ordinary employees suggestions conduct heart-to-

The Company and its subsidiaries have established a comprehensive performance

representatives meeting and and the management to facilitate heart talks and deeply investigate

feedback and appeal system ensuring transparency and fairness in performance

hold employee representative the management to directly face and solve prominent problems

management through a systematic process. Clear procedures have been established

meetings from time to time to problems answer employee

for confirming performance results including deadlines for result confirmation score

fully listen to the opinions and confusions and implement

submission and review. Employees who dispute their performance assessments

suggestions of employees constructive proposals

can file appeals through a dedicated channel. Appeal materials are handled by a

designated working group or responsible personnel who will conduct thorough Give full play to the democratic

investigations to ensure fair and impartial outcomes and employees will receive supervision role of employees and

responses within the specified timeframe. The entire feedback and appeal process regularly organize employees to

remains strictly confidential aimed at safeguarding employees' rights and interests conduct democratic evaluations

and fostering mutual growth between the Company and its workforce. of management personnel

Case Building a Transparent and Efficient Performance Management Mechanism by Digital Platform Democratic Communication Channels

Xiaomang E-Commerce regularly holds performance communication meetings utilizing an online digital system that Employee Satisfaction Surveys

allows employees to access real-time performance data. Employees receive 360-degree evaluations from colleagues and

subordinates thereby generating a well-rounded performance profile through comprehensive analysis that helps them With a focus on overall employee satisfaction the Company continuously tracks employees' demands and feedback through

identify strengths and weaknesses. If employees disagree with their performance assessments they can first discuss concerns multiple channels and methods and keeps optimizing its incentive mechanisms career development pathways and workplace

with their direct supervisors. If further clarification is needed they may submit a formal appeal to the HR Department. Upon environments. With these efforts the Company aims to foster a high-performing and harmonious workplace enabling mutual

receiving the employee's appeal the HR Department will assign a dedicated appeal handling team to review all links in the growth between employees and the Company.performance assessment process and give handling suggestions within the prescribed time. Any unjustified assessments

will be adjusted and fed back accordingly. The appeal process and results are confidential which has effectively enhanced

employee recognition and trust in performance management reinforced team cohesiveness and increased work efficiency.

101 102Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Occupational Health"Employee Anonymous Sharing Space" Questionnaire Survey Activity

The Company regards employee occupational health management as a top priority and pays close attention to their physical and

Xiaomang E-Commerce conducted an "Employee Anonymous Sharing Space" questionnaire survey activity which using a mental well-being through regular healthcare lectures and disease prevention activities. These initiatives are expected to enhance

completely anonymous approach provided a communication channel for all employees to speak freely in the form of a tree employees' health awareness and ensure their occupational health and safety.hole. This channel enables employees to confide in various internal problems or difficulties they encounter in their work or

offer valuable suggestions to the Company effectively promoting democratic communication within the Company. Case Providing Comprehensive Healthcare Services for Employees in Patriotic Public Health Month

In April 2024 in China's 36th Patriotic Public Health Month Mango TV partnered with health service providers to offer free

Caring for Employees healthcare services to employees. These services included eye care 360-degree vision screening oral health check-ups

traditional Chinese medicine consultations and physiotherapy services aiming to improve employees' health and quality of

The Company remains highly attentive to employees' demands and continuously optimizes the benefits system by revising the life and help them foster scientific civilized and healthy lifestyles.Employee Welfare System ensuring that benefits cover all employees. By fostering a positive workplace environment the Company

endeavors to enhance the sense of belonging and happiness of the employees leverage comprehensive care initiatives to motivate

their work enthusiasm and help employees grow with the Company.Employee Benefits System

The Company actively focuses on and responds to employees' needs and keeps refining the benefits system to support the

diversified needs of employees and their families. By cultivating a warm and inclusive work environment the Company aims to

strengthen the employees' sense of belonging and happiness.Patriotic Public Health Month Activity Site

Case Receiving Sanfutie to Treat Winter Diseases at the Height of Summer

Statutory Benefits Special Benefits

Basic pension insurance basic medical insurance Accidental injury insurance supplementary medical To alleviate discomfort in summer and improve employees' health Mango TV organized a Sanfutie therapy activity from

unemployment insurance work-related injury insurance filial leave family care leave annual physical July to August 2024. This activity leveraged traditional Chinese medicine (TCM) principles of "treating winter diseases at the

insurance maternity insurance housing provident examinations holiday gifts and greetings birthday height of summer" to help employees improve their overall health.fund statutory leave celebrations marriage and maternity congratulations

hospitalization care and support bereavement

condolences retirement recognition summer cooling

benefits seasonal weather protection assistance

to employees in need cultural and sports activities

corporate annual meetings meal allowances etc.Sanfutie Therapy Activity Promotion and Site Photos

103 104Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Caring for Women

The Company remains dedicated to improving the well-being of female employees and providing them with care and benefits in Key Performance

all aspects. Through flexible work arrangements healthcare programs and special welfare policies the Company ensures that

female employees receive full respect and support to balance work and life.During the reporting period

The Company gave funding support for Amounting to RMB

Case Special Activity for International Women's Day

33 employees 33000

Mango TV under the guidance of

the Publicity Department of the

All-China Women's Federation

launched the "Respect the Power of And assisted Amounting to RMB

Marvelous Women" Special Activity

for International Women's Day 13 financially challenged employees 15000

encouraging females to pursue their

dreams bravely and strive to make

progress.Respect the Power of Marvelous Women

Case Special Protection for Female Employees

The Labor Union of Golden Eagle Cartoon has completed procedures for the activity concerning medical mutual assistance

for all employees and special disease protection for female employees at a provincial level. Additionally the Labor Union Corporate Culture Development

has arranged disease prevention and mental health lectures from time to time to popularize health knowledge provide

special disease protection for female employees and safeguard their physical and mental health to the maximum. The Company places great emphasis on fostering team cohesion by engaging employees through diverse cultural activities and

innovative forms. By fulfilling their spiritual and cultural needs to the greatest extent the Company continuously strengthens

employees' sense of belonging and happiness as a part of Mango Excellent Media injecting vitality into sustained corporate growth.Employee Assistance

The Company is committed to providing timely care and support to employees facing difficulties. Through various care and

assistance activities the Company aims to send warm wishes to and show deep concern for employees thereby fostering a

harmonious employer-employee relationship.Case Caring for Employees in Need

Ahead of the 2024 Chinese New Year Mango TV launched an event to extend its sincere care and support to employees in need visiting and

giving financial support to two employees battling serious illnesses and four employees experiencing financial hardship with a total support

fund of RMB 25000. Beyond heartfelt festival greetings this event also showcased the Company's deep concern and support for employees

and its desire to bring spiritual comfort and encouragement to employees in difficulty. Moving forward the Company's Party Committee will

continuously focus on employees in need proactively providing relief and ensuring employee stability and harmony.

105 106Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Talent Cultivation

Case "My Exclusive Memories with Mango Excellent Media" Personal H5 Report The Company is dedicated to providing employees with ample growth opportunities and diverse career paths. By refining talent

identification and promotion mechanisms and implementing innovative talent cultivation initiatives the Company continuously

In August 2024 marking the sixth anniversary of Mango brings out the best in its employees ensures that personal growth aligns with organizational development and strives to create a

Excellent Media the Company launched the "My Exclusive vibrant talent ecosystem.Memories with Mango Excellent Media" H5 Report offering

employees an exclusive customized big data-based record of Talent Attraction

their journey within the Company. Following the idea of "The The Company continuously innovates its talent acquisition strategies and expands recruitment channels to attract top talent

subtle beautiful details that often go unnoticed—Mango LLMS through open diverse and efficient approaches. By integrating online and offline recruitment methods the Company enhances

remembers them all" the report not only captures employees' its employer brand influence ensuring that more professionals can discover and join the organization and driving coordinated

unique moments but also reflects the Company's deep development for both the Company and its employees.appreciation for each employee's growth and contributions.Case The 9th Mango Youth Talk Launching an Innovation Experiment for Youth at Mango

The "Mango TV Leap Forward Plan" session of the 9th Mango

Youth Talk—a youth entrepreneurship IPO roadshow—was held at

Studio D of the Mango Colorful Box. Centered around the theme

"An Idea Worth Financing" the 9th Mango Youth Talk upheld the

principles of "real investment real incubation and real outcomes"

authentically recreating the entrepreneurial journey from zero to

one. It featured six core tracks: New Content Directions Innovative

Business Models New User Growth Spark Program New Business

"My Exclusive Memories with Mango Excellent Media" Personal H5 Report Spaces and X Tracks. A record-breaking 3000+ project proposals

were submitted. Since July 2024 the program has gone through a

series of rigorous stages including the "Face-to-Face Meeting with

Experts" symposiums seed round selection Series A investment

Mango Excellent Media's 6th Anniversary Celebration Themed "Together for meetings Youth Entrepreneurship Week coaching Series B youth

Case a Super Dream at Mango" entrepreneurship investment exhibition and Series C expert inquiry

sessions. Ultimately 14 outstanding entrepreneurial projects

In August 2024 Mango Excellent Media hosted its sixth-anniversary celebration bringing together the Company's leaders advanced to the IPO roadshow showcasing their transformation

employee representatives users and clients. The event featured employee talent shows a chorus by Qingmang Program trainees from "creative proposals" to "entrepreneurial projects" and then to

and other interactive activities that encouraged employees' constant growth on the platform provided by Mango Excellent "innovative achievements".Media. During the celebration leaders emphasized the importance of continuous innovation and the enduring corporate spirit of

courage loyalty and youthfulness. They reiterated that Mango Excellent Media is not only a content platform but also a socially The youth entrepreneurship IPO roadshow featured three tracks:

responsible and people-centric cultural enterprise. The event specially invited Mango fans from around the world and children Business Models Platform Innovation and Content Interaction.from charity programs to make employees users and broader communities become witnesses of the Company's growth. 100 investors each holding an on-site investment quota of

RMB 1 million evaluated and invested in the 14 entrepreneurial

projects based on their development progress key highlights and

business models. In the end eight projects with a financing ratio

exceeding 100% were selected as "Seed Projects for the Mango TV

Youth Entrepreneurship Incubation Fund" while the remaining

six projects were signed as "Key Projects for the Mango TV Youth

Entrepreneurship Incubation Fund". These projects will further

refine their business plans and move toward implementation

through financing.The 6th Anniversary Celebration Site

107 108Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Talent Identification and Promotion Training and Development

The Company has established a comprehensive talent identification and promotion mechanism and made available three channels The Company prioritizes sustainable growth and development of employees and continuously refines its talent cultivation

for employee career development namely "management professionalism and support" aiming to align employees' career goals system based on its strategic plans and business needs. Relying on core resources such as the employee training management

with the Company's needs and strategic direction and foster mutual growth between the Company and employees. Respecting system online learning platforms and the internal teacher pool the Company has formed a training system that covers the entire

individual career aspirations the Company has also established an internal rotation mechanism whereby employees can choose career cycle of employees involving multiple dimensions such as professional skills management improvement and business

from multiple career development paths such as inter-company transfers inter-departmental transfers professional promotion and innovation ensuring sustained growth of employees across all business lines.internal competition creating favorable conditions for employees to improve themselves.Case The First-Ever Live Stream of Product Technology Talent Recruitment

Training Targeted Training Training

The Qingmang Program · Culture + Technology Season a strategic talent move in response to Hunan Broadcasting and

Category Participants Content Reference

Television's strategic deployment to "accelerate the integration of culture and technology and better shoulder the new cultural

mission" launched joint recruitment by Hunan Satellite TV and Mango TV for the first

time. After launching in April 2024 the program held campus promotion events in four

cities including Changsha Guangzhou Beijing and Xi'an collecting 27000 resumes Regularly conduct training of "Mango Skills Booster" covering

and achieving "stable growth in quantity and effective improvement in quality". At the PPT Excel document writing workplace communication

launch event over 200 vibrant new recruits of the Qingmang Program all exceptional General Skills All and expression data thinking business etiquette image

students from top universities both in China and abroad gathered with enthusiasm. Training employees management etc. to improve the work efficiency and

They traveled from cities such as Sydney Melbourne Beijing and Shanghai passed competitiveness of the Company and employees and help

through rigorous selection processes and are now ready to embark on a new chapter employees better adapt to the workplace environment

in their lives with admiration and passion for Mango TV.Provide training on industry trends market dynamics and

business processes by internal and external course instructors

Four-Platform Coordinated Internal Entrepreneurship

Case Case Business All that match different areas such as content product technology Competition for Positions Initiative

Training employees operation market business and function to enable employees

to comprehensively master the required professional

In 2024 the Company launched a four-platform coordinated To give young talent more opportunities Xiaomang knowledge and practical skills

competition for positions encouraging and supporting E-Commerce has established a clear promotion pathway Employee training

young employees who are willing to act and ready to deliver from grassroots employee to department head and Organize training such as "Mango Lesson 1" and "Mango Fun management

good results to stand out and take on more significant ultimately to a member at the Office of the General Manager. New Training Camp" to quickly transform "newcomers" into reserve system

roles. Several post-90s employees were promoted to Additionally the Company has launched an Internal employees talents that meet the Company's strategic development needs

managerial positions effectively implementing the Mango Entrepreneurship Initiative facing all employees. Through a Online learning and interns and identify with Mango's cultural value in terms of enterprise

Young Talent Program and nurturing a strong leadership competitive selection and mutual choice mechanism more platforms and development business planning and general systems etc.pipeline. Additionally the initiative was actively aligned with promising young professionals are given opportunities to resources

the Qingmang Program to cultivate fresh talent stimulate realize value. Employees with approved project proposals Talent Outstanding Plan training sessions such as "Internal Trainer Classroom/ Internal teacher

the vitality of talent and ensure an influx of skilled and upon review are appointed as track leaders thereby placing Development professional Sharing Meeting" and "Happy Youngsters" to develop and pool

competent professionals into key roles. more outstanding young talents in pivotal roles. Training talents disseminate the experience of professional talents

Plan "Management Training" and other projects to enhance

Case The First-Ever Live Stream of Product Technology Talent Recruitment Middle and the leadership innovation strategic thinking and other

grassroots qualities of managers through management evaluation

managers course learning and experience development further

In October 2024 Mango TV hosted its first-ever live-streamed recruitment event for

improving the construction of management teams

product technology talents. This innovative recruitment method through online

interaction provided prospective candidates with direct insights into the team climate

Actively organize employees to participate in further

hiring criteria and career development opportunities attracting more excellent

Qualification education required by relevant departments and ensure

product professionals to join the Company. The live stream attracted over 20000 Some key

Certification more than 90% of them are awarded qualification

viewers generated 56000+ interactions and resulted in the collection of 100+ high- positions

Training certificates to enhance their work norms and business

quality resumes within just two hours. This event not only enhanced recruitment

abilities

efficiency but also strengthened the Company's employer brand influence.Promotional Poster & Screenshot

of Live Stream

The Company's Talent Training System

109 110Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Annual Training Conditions

Case Mango Academic Café

The Mango Academic Café the first thematic

Key Performance training salon of MGTV Learning launched with

an inaugural session featuring Liang Yong'an a

renowned writer and Fudan University humanities

Throughout the year the Mango TV and Achieving a

scholar. Focusing on "Contemporary Youth Culture

Training & Development Center recorded

and Personal Growth" Liang offered deep and

141 31%on other areas 30% increase in the number training sessions of training sessions compared to the valuable insights to over 500 participants across

previous year online and offline channels. The event successfully

served as a bridge for knowledge sharing and

With A total of A intellectual exchange inspiring Mango's young

48% 419.2 100% employees and deepening their understanding of focused on production training hours completion contemporary youth culture.

and research rate of training plans

And And a satisfaction rate of

21% on content 4657person-times 97.3%

of participating employees

Mango TV's Academic Café

Case Launch of an Internal Online Learning Platform for Employees

In December 2024 Mango TV launched "Mango Platform" an internal online learning

system designed to systematically enhance employees' intelligent learning experiences.Currently nearly 100 online courses are made available. Within just three days of

Case International Masterclass of Qingmang Special Training Camp

launch total course clicks exceeded 4000 and employees accumulated nearly 40000

minutes of total learning time with an average of over 30 minutes per person. This

innovative platform has significantly boosted the learning initiative and professional In September 2024 the Company hosted a two-day "1% International Masterclass" featuring a renowned UK-based model research

competency of employees elevating the overall skill level of the workforce. and development expert. Tailored for new recruits under the Qingmang Program the course focused on creative thinking and practical

application accelerating young talents' professional growth. The International Masterclass is an important annual plan of the "Mango's

Innovation" empowerment system of the dual-platform innovation research and development center aiming to integrate expert

resources at home and abroad to drive deeper collaboration in creative exchanges and content research and development.Mango TV's Internal Online Learning Platform for Employees International Masterclass

111 112Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Mango Young Talent Program Training Emergency Response Management

In terms of safety management the Company has established a comprehensive

In 2024 Mango TV launched the Young Talent Program training contingency plan and incident management mechanism including the Fire Emergency

designed to strengthen the leadership skills of the management. Response Plan and the Anti-Terrorism and Explosion-Proof Emergency Response Plan Key Performance

This structured training scheme includes Mini MBA courses in ensuring a swift and effective response to emergencies. Additionally the Company strictly

partnership with Hunan University masterclasses and other implements safety training and emergency drills for all employees taking opportunities During the reporting period

courses building a curriculum system for reserve officials at such as "National Security Education Day" "Work Safety Month" and "Fire Awareness

the primary and middle levels and laying a solid foundation Month" to continuously improve the safety awareness and emergency response skills of The Company accumulatively

for a strategically-minded management-savvy and business- all employees comprehensively carry out various safety work prevent and reduce safety conducted a total of

proficient management talent team. hazards and protect the safety of its employees and property. 28 safety inspections

With its subsidiary Golden

Mango TV's Young Talent Program Training Eagle Cartoon completing

16 times

Safety Guarantee

The Company always puts employees' occupational health and safety in the first place and ensures a comprehensive safety Case Fire Safety Drills and Training

guarantee through a scientific safety risk identification and emergency management system. By continuously refining the

risk control system developing sound contingency plans and conducting regular training and drills the Company enhances During the reporting period Mango TV organized a fire

employees' safety awareness and emergency response capacity preventing and responding to potential hazards to the utmost evacuation drill and specially invited professional instructors

extent and ensuring the safety of employees' lives and property. to conduct fire safety knowledge training. The training covered

fire prevention initial fire suppression proper use of firefighting

Risk Identification equipment self-rescue and evacuation techniques and correct

emergency reporting through case studies. Employees were

The Company gives top priority to occupational safety risk management and is committed to establishing a robust safety risk reminded to prioritize fire and electrical safety fostering a

identification and assessment framework and accurately identifying potential safety hazards through a scientific risk assessment proactive fire prevention mindset. Following the training the

process. Risk control-related systems have been established and effective measures have been in place to prevent and control all employees participated in hands-on fire extinguishing exercises

kinds of safety risks to ensure the occupational health and safety of all employees. and mastered the proper use of fire extinguishers and fire Mango TV Conducting Fire Drills

protection masks. This effectively enhanced their emergency

response capabilities and self-rescue skills.Objective setting Information collection Risk identification Risk assessment

Determine the category Obtain objective-related Recognize potential risk Analyze the likelihood

and scope of safety risks historical data current events and contributing and impact of each risk Case National Security Education Day Promotion

to be identified conditions future factors based on the identified

projections and other information collected To commemorate the 10th anniversary of the establishment

information of National Security Education Day and promote the

holistic approach to national security Mango TV launched

Summary and Implementation and Measures a company-wide educational campaign themed "Ten Years Risk grading

feedback monitoring development of Innovative Leading" through internal digital screens work

Summarize the Execute risk control measures Formulate appropriate Rank and grade risks groups and multiple forms of graphics and texts. In addition

identification process and continuously monitor their response measures for based on their likelihood the Security Department organized security personnel

give feedback on issues effectiveness and make risks of different levels and impact training and anti-terrorism drills around National Security

for ongoing improvement adjustments as needed Education Day reinforcing the team's sense of mission and

responsibility to protect national security. Security Personnel Conducting Anti-Terrorism Security Drill

Safety Risk Identification Process

113 114Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Rural Revitalization and Social Contribution Case The Daughters of Chinese Villages—A New Pathway for Rural Revitalization

A popular Mango TV inspirational competitive variety show "The Daughters of Chinese Villages" spotlighted the stories of rural

As a Party media and a state-owned enterprise Mango Excellent Media remains committed to its social responsibilities actively engaging women and built an innovative "variety show + cultural tourism" model in combination with local characteristic culture. This

in diversified public welfare practices covering rural revitalization public charity educational support and ecological protection. approach not only enhanced local cultural influence but also utilized digital platforms to promote rural tourism. The program

Leveraging its platform advantages the Company continuously empowers rural development through high-quality content supports consistently ranked first in its time slot and received recognition from the Ministry of Culture and Tourism the National Ethnic

vulnerable groups and promotes educational equity. Through various public welfare initiatives the Company fosters social goodwill Affairs Commission and major media outlets. Global Times praised its model as a new pathway for rural revitalization.and spreads warmth. Moving forward Mango Excellent Media will continue to harness the power of media build social consensus and

collaborate with all sectors to create a better future.Rural Revitalization

The Company actively responds to the national rural revitalization strategy and drives the integration of local economies and

cultural development by utilizing its strengths in cultural communication media content and new media platforms through

creative cultural programs. By transforming rural characteristic culture and local resources into economic momentum with long-

term development potential the Company strives to explore innovative approaches and practices to support rural revitalization.Encouraging Positive Interplay between Culture and Tourism

In recent years Mango Excellent Media has continued to build a content matrix centered around the contemporary theme of rural

revitalization leveraging media influence to promote rural development. A Store of Hope visited Xiahe Township in Liuyang City and

Wushi Town in Pingjiang County showcasing rural revitalization achievements through immersive storytelling. Flavor of Hunan Chinese Promotional Posters of The Daughters of Chinese Villages

Food · Special Program of Hunan Cuisine and Go Where Flavors of Hunan Abound embodied General Secretary Xi Jinping's important

instructions of adopting an all-encompassing approach to food supporting the promotion of local specialty industries. Rural Partners

explored unique local cultural and tourism products driving the growth of rural tourism in an all-round way. Looking ahead Mango As "The Daughters of Chinese Villages" concluded its grand finale the

Excellent Media will continue to leverage its platform strengths to support rural revitalization and sustainable development. show partnered with Happigo to launch a nine-hour public service

live-streaming event "Hometown's Best Products Recommended

by The Daughters of Chinese Villages" to promote rural revitalization

and help farmers selling their products. The live stream promoted the

selling of local characteristic agricultural products such as Aksu apples

from Xinjiang Yulu fragrant pears from Shanxi Xinhui dried tangerine

peels from Guangdong donkey-hide gelatin cakes from Shandong

and Yangcheng Lake hairy crabs from Jiangsu. The event attracted

significant consumer attention and purchasing effectively broadening

the sales channels of agricultural products increasing farmers' income

and advancing local specialty industries.Go Where Flavors of Hunan Abound

Live Stream of "Hometown's Best Products

Recommended by The Daughters of Chinese Villages"

115 116Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

"Furthering Cultural Development in Xinjiang" to Promote Rural Revitalization and

Case Development Spreading Love through Philanthropy

The Company empowers charitable organizations through the "Internet Plus" model by building the Mango Public Service Platform.In September 2024 the Company dispatched a delegation to visit Turpan Xinjiang for in-depth communication regarding furthering Guided by the principle "Born with Love Shine with Public Service" the platform conveys the concept that everyone is loving and kind

cultural development in Xinjiang culture-tourism integration and media promotion. The delegation visited the Turpan Museum and and encourages each user to make their contribution to warmth and light to others. Mango Excellent Media actively participates in public

Shanshan County to investigate the protection and utilization of cultural relics and the development of cultural tourism resources. welfare undertakings such as emergency relief vulnerable group support and corporate social responsibility initiatives via the Mango

They also discussed with local publicity culture and tourism departments about documentary production mini-series creation Public Service Platform mobilizing broad public engagement and demonstrating a strong sense of corporate social responsibility.international media outreach digital preservation of cultural heritage and other cooperation directions. With extensive experience in

cultural communication the Hunan Broadcasting System has provided high-quality support for Turpan to promote local culture with

local characteristics by leveraging its content production strengths. In the future Mango Excellent Media will further harness its influence

as a new media platform and contribute to transforming Turpan's cultural and tourism resources into economic drivers with innovative Key Performance

content thereby advancing integrated cultural and tourism development and truly energizing local industries with cultural values.During the reporting period

Mango Public Service Platform

cumulatively ahosted Raised more than RMB

46 registered public 26.32 million (including

charity organizations offline donations)

Released And attracted donations from over

105 public fundraising projects 124000 participants.

Case Emergency Response to Floods in Southern China

A Visit to Turpan by the Delegation In mid-June 2024 severe floods struck Hunan Province. The Mango Public Service Platform responded swiftly collaborating with

the Chinese Red Cross Foundation and the Hunan Youth Development Foundation to launch five major flood relief projects

including "Swift Action for Flood Relief" and "Fight the Flood Together". The platform conducted widespread promotion via the

PC app mobile terminal and other channels to mobilize public donations. Over 10000 individuals participated raising more than

RMB 800000 to timely support disaster relief supply distribution and infrastructure restoration. In December 2024 the Mango

Public Service Platform received the "Charitable Contribution to Flood Relief" award from the Hunan Charity Federation.Flood Relief Projects Launched by Mango Public Service Platform

117 118Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Caring for Ethnic Minority and Hearing-Impaired Children Case 10th Anniversary Themed Activity of the Public Service Action for Thalassemia Patients

At the beginning of 2024 the Mango TV program "Circle of Sound" put a special focus on the ethnic minority and hearing- On May 8 2024 the 31st World Thalassemia Day Mango TV collaborated with the China Social Welfare Foundation Mango

impaired children. The Mango Public Service Platform partnering with the Mango V Foundation under the China Social Welfare V Foundation and other organizations to launch the 10th Anniversary Themed Activity of the Public Service Action for

Foundation introduced the "Sing for Joy" charity project featuring Tibetan Uyghur and Yi children performing "Singing a Thalassemia Patients in Hunan under the theme of "Love from Hunan Dreaming Beyond Thalassemia". The activity

Folk Song for the Communist Party" alongside renowned singer Han Hong passing on dreams and hope with music. The popularized knowledge of thalassemia prevention and control through the online H5 platform and offline activities and

program brought public attention to the cause through an interactive introduction segment allowing viewers to learn more featured a public welfare short film "Fighting! Wang Zai" showcasing a four-year-old thalassemia patient's positive attitude

via QR codes and experience the power of music and the public good. Singer Zhou Shen's performance of the song "Listen" and arousing social concern for the group. The activity attracted corporate donations totaling nearly RMB 2 million providing

raised awareness about hearing-impaired children spotlighting the "Awaken Little Ears" project. These efforts raised public critical medical support to underprivileged children with thalassemia in Hunan. In February 2025 the project was recognized as

awareness of public welfare and provided tangible support to the ethnic minority and hearing-impaired children. one of the "2024 Top 10 Outstanding New Media Public Service Cases in China".Poster and Donation Ceremony of the 10th Anniversary Themed Activity of the Public Service Action for Thalassemia Patients

Case Our Artists Participating in the "Half Smile" Project to Support Children with Autism

"Half Smile" is an original art brand that features artworks created by children with autism. Over the past decade it has

been dedicated to promoting employment opportunities for individuals with autism by building a professionalized public

welfare system that helps them integrate into society.Screenshots of Mango TV's "Circle of Sound" program

Our Artists Participating in the "Half Smile" Public Welfare Project

119 120Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Public Education Volunteer Activities

Mango Excellent Media gives full play to its platform advantages and responds to the propositions of the times with youthful and The Company actively encourages employees to participate in various volunteer initiatives and provides resources and support to

innovative expressions. Through diverse forms and extensive social cooperation the Company remains dedicated to supporting help them achieve personal growth and self-worth while contributing to public welfare.student growth nurturing the sense of social responsibility and public welfare consciousness among young people and helping

them foster the right values and social conscience.Case 2024 "Community Investing" Mango's Educational Support Season for Public Service

Key Performance

In August 2024 the Mango Public Service Platform under Mango TV launched the activity of 2024 "Community Investing"

Mango's Educational Support Season for Public Service under the theme of "Endless Love" in collaboration with the

China Organ Transplantation Development Foundation the Hunan Charity Federation the Hunan Youth Development During the reporting period

Foundation and the Hunan Foundation for Disabled Persons. The activity focused on four public education programs

sharing the inspiring educational stories of students and building extensive connections with social public service resources Mango TV accumulatively organized With And a total of

via online interactive H5 platforms. Hunan Satellite TV host Li Rui and actress Zhao Zhaoyi served as "Community Investing

volunteer events

Ambassadors" actively appealing to all sectors of society to pay attention to public welfare education. For offline efforts 10 2337participants 926.3 service hours

the activity established public engagement booths at Window of the World attracting many citizens to participate. Through

online and offline interactions the activity attracted 4316 participants and raised donations of over RMB 310000.And EE-Media organized With And a total of

12 volunteer events 93 participants 1488 service hours

Promotional Posters of "Endless Love" Activity

Case Public Service Brand "Hunan Children's Traffic Safety Education Base"

In March 2024 Golden Eagle Cartoon was officially designated as the Hunan Children's Traffic Safety Education Base while

Maiji was appointed as the Hunan Youth Traffic Safety Ambassador. Supported by the Traffic Police Corps of the Public Security

Department of Hunan Province this initiative aims to enhance traffic safety awareness among young people. Leveraging its

extensive influence Golden Eagle Cartoon will popularize traffic safety knowledge in an engaging and vivid way helping children

develop a scientific traffic safety concept and contributing to the broader dissemination of a culture of civilized transportation.Golden Eagle Cartoon's Traffic Safety Class and Awarding Ceremony

Voluntary Activity Honors Obtained by the Company and Its Subsidiaries

121 122Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Case Mango Volunteers Shine in Longshan Xiangxi Case "Doing Good on 99 Giving Day"—Artists Engaging in Frontline Public Welfare Initiatives

In May 2024 volunteers from Mango Excellent Media participated in an event hosted by the Red Cross Society of China Artists from the Company took part

Hunan Branch in Longshan Xiangxi to celebrate the 120th anniversary of the Red Cross Society of China. A team of 24 in the "Doing Good on 99 Giving Day"

volunteers from the Company took part in various activities including a speech competition and a fun sports event. They project engaging directly in frontline

shared touching stories of their volunteer experiences and the Mango Excellent Media team won second place in the group charitable activities. They visited project

competition of the fun sports event demonstrating youthful energy and strong team cohesion. This event highlighted the sites shared stories of compassion

volunteers' commitment to social responsibility enhanced the Company's corporate image strengthened employees' sense and collaborated with charitable

of group identity and further promoted the Company's volunteer spirit. organizations to launch online public

welfare tours. By promoting public

welfare concepts they inspired more

people to take part in doing good

deeds fostering a culture of kindness

and ensuring that love and warmth

continue as an everlasting melody.Mango Excellent Media's Volunteer Team and Fun Sports Event Runner-up Trophy

Artists Participating in the "Doing Good on 99 Giving Day" Public Welfare Project

Case China Charity Day Quiz Challenge

In September 2024 the Mango Public Service Platform launched the "How Much Do You Know About Charity" quiz

challenge in honor of the ninth annual China Charity Day. The quiz challenge aimed to popularize the newly amended Case Preserving Intangible Cultural Heritage—The Magical Journey of Little Culture Guardians

Charity Law through an interactive quiz making legal knowledge on charity more accessible and easier to understand and

accept. The event has enhanced public awareness of laws on charity especially among young people and encouraged Little Culture Guardians tells the

greater attention to and participation in charitable activities. animated story of young protagonists

who grow through their adventures in

protecting intangible cultural heritage.Their journey not only unfolds on

screen but also resonates with more

young viewers encouraging children

to respect traditions and embrace

cultural preservation ultimately

empowering a new generation to

carry forward cultural heritage.Promotional Poster of China Charity Day Quiz Challenge Little Culture Guardians

123 124Environmental Responsibility

Our Concept

Mango Excellent Media actively embraces the philosophy of green development integrates

ecological protection and responses to climate action into its core strategy and aligns its

sustainable development practices with the "carbon peaking and carbon neutrality" goals. By

enhancing its environmental management system promoting green and low-carbon operations

and fostering an eco-friendly culture the Company continues to advance its green and low-carbon

transformation and contribute its share to global climate actions.Our Actions

Environmental Protection and Energy Management and

Climate Action Resource Conservation

Our Achievements

Mango Excellent Media has integrated the concept of "green communication" into all aspects

of its content production and industry operations. Leveraging the advantages of its integrated

media ecosystem the Company actively explores low-carbon development pathways under the

deep integration of culture and technology and fulfills its responsibility in promoting ecological

civilization. During the reporting period the Company recorded a total carbon dioxide emission

of 10895.15 tons and a total energy consumption of 1708885.43 kgce. The Company continued

to advance upgrades in energy-saving and consumption-reduction technologies optimize

energy consumption habits at daily work and reduce energy intensity. Through the production

of high-quality content such as Sunrise on The River and Panda's Family the Company conveyed

the values of ecological civilization and promoted environmental awareness calling on the

public to care for environmental protection and biodiversity conservation.Relevant SDGsMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Environmental Protection and Climate Action Case Sunrise on The River an Environmental Protection-Themed Drama to Promote Ecological Progress

During the reporting period Mango TV produced and broadcast Sunrise on The River an environmental protection-

As a new-type mainstream media group Mango Excellent Media firmly upholds the principle of "green communication" across themed drama representing an outstanding practice of artistic work creation rooted in the background of environmental

all aspects of its content production and industry operations. Relying on its integrated media ecosystem the Company actively protection. The TV series paints a vivid picture of China's modern ecological advancements in which government officials

explores low-carbon development pathways against the backdrop of deep integration of culture and technology. actively explore various ecological protection methods by implementing an array of eco-friendly projects such as urban

renewal water pollution control soil restoration and wetland conservation treating the environmental cause as a booster

Environmental Management to improve people's well-being. By confronting pressing environmental challenges and focusing on ecological civilization

in the new era Sunrise on The River plays a critical role in ensuring that the whole society becomes more conscious and

active in pursuing ecological progress.The Company prioritizes environmental management by establishing an

environmental protection organization structure that clearly defines powers Key Performance

and responsibilities for environmental governance and incorporating the goal of After its release Sunrise on The River received And appeared on trending topic lists

green operation into the performance assessment mechanism. Moving forward widespread acclaim and strong audience engagement. across various platforms over

Mango Excellent Media will continue strengthening execution capabilities with During the reporting period It ranked first in CSM's all-day provincial satellite TV

organizational power and promoting the integration of sustainability into all links ratings for multiple days 100+ timesthe Company was not subject to

in corporate decision-making and business innovation. With these efforts the any major administrative penalties Requently topping the main With the main topic on The series also secured the

Company aims to provide the industry with a sustainable development paradigm or criminal liabilities imposed trending list. In just 15 days the TikTok seeing a single-

that integrates media features with technological wisdom. by ecology and environment main topic amassed over day increase of No. 1

authorities or other relevant spot multiple

times on rankings from TikTok

departments due to environmental 6 billion views on 447 million views

short-video platforms Maoyan Yunhe and Dataprox.incidents nor did any environmental

emergencies occur.In collaboration with China Environment News Mango TV launched a series of co-branded posters for Sunrise on The River centered

on the themes of "Keeping Our Skies Blue Waters Clear and Lands Clean". These posters were released on key environmental dates

such as Mother River Protection Day and National Tree Planting Day to promote the drama's environmental message enhance public

awareness of ecological conservation and inspire collective efforts to protect our natural landscapes.As a leading Internet-based audiovisual platform the Company fully leverages its social influence to convey the value of ecological

civilization through high-quality content creation. By driving green operations with digital technology innovation and introducing

programs focusing on environmental protection the Company strives to raise public consciousness about environmental

protection and biodiversity.Sunrise on The River Poster to Raise Public Environmental Awareness

127 128Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Panda's Family a Popular Science Program on Giant Pandas to Promote

Case Biodiversity Conservation Addressing Climate Change

During the reporting period Mango TV in collaboration with the China Conservation and Research Centre for the Giant Mango Excellent Media regards addressing climate

Panda launched Panda's Family a popular science documentary series dedicated to giant panda conservation. The change as a core pillar of its environmental responsibility.program offers heartwarming content that satisfies the public's fascination with pandas while presenting the meticulous In active response to China's "carbon peaking and Key Performance

efforts behind panda conservation from the perspectives of young trainee keepers as they explore learn and experience the carbon neutrality" strategy the Company keeps

work firsthand. It highlights the dedication of countless panda guardians and showcases China's remarkable contributions exploring low-carbon development pathways for the During the reporting period

to global biodiversity conservation. The program's in-depth portrayal of the professionalism and significance of panda media industry and promotes energy conservation and With a carbon dioxide

conservation attracted a large young audience demonstrating China's achievements in protecting giant pandas this emission reduction measures in a systematic manner. The Company generated a total of emission intensity of

flagship species and raising public awareness of wildlife preservation and development. The Company has established a core management

tons

framework for addressing climate change collaborated 10895.15 0.008 tons

with third-party organizations to investigate and optimize of carbon dioxide emissions per RMB 10000 revenue

Upon release Panda's Family generated Including the climate risk management system intensified efforts

significant online buzz securing 60 in internal carbon footprint tracking and gradually 399 trending topics on both main and sub-lists of Weibo trending topics improved the environmental data disclosure mechanism and maintained consistent visibility on the list during the

across all platforms with a view to embedding the low-carbon concept in Olympics season. every stage of operations.Short video engagement was The total short video

And a single video earning Four Platforms Conducting the "For a Greener Future" Voluntary Tree-particular strong with over viewership exceeded Case Planting Themed Party Day Activity

152 clips surpassing 10000 likes 270000 likes at most 270 million In March 2024 Mango Excellent Media Mango TV and Hunan Satellite TV jointly organized the "For a Greener Future"

Themed Party Day Activity to celebrate the National Tree Planting Day in Gejiashan Village Kaihui Town Changsha

On Xiaohongshu users actively shared With the main And total exposure County. Over 200 Party members officials and employees together with local residents participated in the tree-planting

their enthusiasm generating over topic amassing reaching activity and planted more than 600 trees including Camellia oleifera Abel camphor trees Phoebe spp . and sweet

3000 posts 25.65 million views 130 million osmanthus assisting in rural greening with concrete actions and practicing the idea that lucid waters and lush mountains

are invaluable assets. Mango Excellent Media has upheld its commitment to voluntary tree planting for 12 consecutive

years not only improving the ecological environment but also leveraging its platform's influence to encourage broader

societal participation in promoting ecological progress.Panda's Family Volunteer Tree-Planting Activity

129 130Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Energy Management and Resource Conservation Case Reducing Air Conditioning Energy Consumption at Happigo

In 2024 Happigo replaced its automatic air conditioning mode with a combination of automated and manual adjustments.Mango Excellent Media upholds the concept of green development by comprehensively optimizing energy management With a scheduled on/off system in place the Company's on-duty electricians adjust the air conditioning water temperature in

improving water resource utilization efficiency and implementing measures to reduce packaging materials. The Company actively real time based on the actual office temperature. For instance in the morning and evening the central air conditioning water

fulfills its environmental responsibilities and remains committed to implementing the green management concept constantly temperature is set about one degree higher than that during midday to reduce the system's operational load and achieve

improving resource utilization efficiency and contributing to the goal of low-carbon sustainable development. energy savings. Additionally increased efforts have been made to carry out inspections ensuring that office doors and windows

are closed promptly and unoccupied office areas have their air conditioning units switched off helping minimize cooling loss

Energy Management and energy waste and ultimately reducing air conditioning power consumption.Mango Excellent Media continuously upgrades energy-saving and consumption reduction technologies optimizes office energy

consumption habits and reduces energy consumption intensity. The Company actively promotes energy conservation awareness

in daily work encouraging employees to adopt energy-efficient behaviors. Through internal training awareness campaigns and

prominently displayed reminders in office spaces the Company aims to raise employees' awareness of the importance of energy

conservation and foster a culture whereby energy conservation becomes a shared responsibility. Employees are encouraged to

identify process optimization opportunities in their daily work minimize unnecessary energy use avoid prolonged standby mode

for equipment and reduce unnecessary lighting.On-duty electricians

should conduct strict

Set air conditioning to heating regular inspections and

Prohibit the use of high- mode only when indoor turn off the air conditioner

energy-consuming temperatures fall below 16° C

Maximize the use or adjust air conditioning heating devices such with a maximum setting of 20° C.of natural light and settings based on as electric heaters and Cooling mode should only be

minimize indoor temperature changes

Turn off computers water warmers in office areas used when indoor temperatures lighting usage

dispensers and printers exceed 26° C with a minimum

after work to reduce standby setting of 26° C.power consumption.Develop the habit of On-duty electricians should turn

switching off electrical on the central air conditioning Keep doors and windows closed while

devices before leaving unit 30 minutes before work air conditioning is running. Avoid energy

hours and turn it off 30 minutes waste caused by operating air conditioning

before the end of the day with doors and windows open. Employees

following the HR Department's are encouraged to switch off split-unit air

working schedule. conditioners 30 minutes before leaving

work. Avoid energy waste caused by

operating air conditioning with nobody

indoors for a long time.

131132

Happigo's Proposal for Saving ElectricityMango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Environmental Performance Resource Utilization

The Company makes a rational utilization of water resources primarily using water for domestic purposes. By establishing a water

Energy monitoring and management system and implementing rigorous water conservation measures the Company promotes water recycling

to minimize water waste during operations. Employees are encouraged to adopt water-saving habits in their daily routines. Through

11528342.001708885.43

265502.00 1602969.31 internal awareness campaigns the Company raises awareness of water conservation and motivates employees to reduce water usage

11309009.74 when washing hands drinking water and performing other daily activities.193720.01

2023 2024 2023 2024 2023 2024 Golden Eagle Cartoon Happigo

Power consumption (kWh) Gas consumption (m3) Total energy consumption (kgce)

* Install water-saving faucets and toilet tanks to * Eliminate the behavior of washing cups with bottled

1.21 0.91 0.82 * The total energy consumption is calculated by reduce per-use water consumption water and adopt a controlled water supply approach

1.10 General Rules for Calculation of Comprehensive * Implement water-efficient methods for plant care reducing projected annual water expenses by

Energy Consumption (GB/T 2589-2020). and cleaning tasks approximately RMB 2000

2023 2024 2023 2024 * The energy intensity reflects the energy consumed * Conduct monthly meter reading checks to analyze

per RMB 10000 of revenue. The lower the unit

Energy intensity (kgce/RMB Energy efficiency (RMB 10000 year-on-year and month-on-month water expense data energy consumption the lower the energy intensity.

10000 of revenue) of revenue/kgce) to identify anomalies; in case of any unusual increases * The energy efficiency reflects the revenue from

energy consumed per kilowatt-hour. The greater in the using amount conduct immediate inspections to

the unit revenue the higher the energy efficiency. find the cause and repair to prevent leaks and wastage

Water Conservation Measures The Company actively explores eco-friendly solutions in logistics

Water Resource and packaging by optimizing design and material selection to

63618.42

62025.020.0523.5922.13

achieve quantity reduction and sustainable management of

0.04 packaging materials. Golden Eagle Cartoon promotes a green

and sustainable approach in the design of products for children

2023 2024 2023 2024 2023 2024 and children's playgrounds to minimize its environmental impact

during operations. For example some materials used in Maiji

Water consumption intensity (tons/ Water resource efficiency

Water consumption (ton) products developed by Golden Eagle Cartoon are biodegradable

RMB 10000 of revenue) (RMB 10000 of revenue/ton)

and more eco-friendly. Additionally the Company promotes

* The water consumption intensity reflects the water consumed per RMB 10000 of revenue. The lower the unit water consumption digital solutions such as video conferencing and digital document

the lower the water consumption intensity. sharing via iPads or computers. The Company also advocates

* The water efficiency reflects the revenue from water consumed per ton. The greater the unit revenue the higher the water efficiency. green and resource-efficient office practices such as double-

sided printing and the use of perforated paper to minimize paper

Greenhouse Gas Emissions consumption and improve resource utilization.

10895.15

10321.13

574.02

418.8210124.7710543.59

202320242023202420232024

Direct emission (Ton of CO2 equivalent) Indirect emission (Scope 2) Total greenhouse gas emission

(Ton of CO2 equivalent) (Ton of CO2 equivalent)

0.008

0.007

* The greenhouse gas emission of the Company mainly refers to the greenhouse gas

2023 2024 directly produced by the purchase of natural gas energy and that indirectly produced

by the purchase of electricity energy.Greenhouse gas emission intensity (Ton of

* The greenhouse gas emission is calculated according to the 2019 Baseline Emission

CO2 equivalent/RMB 10000 of revenue) Water-Saving SloganFactors for Regional Power Grids in China. Paper-Saving Slogan

133 134Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Call Me By Fire 2024 Infinity and Beyond S4 See You Again S4

Appendix Breathing new life into music and Showcasing the rich legacy Showcasing the rich legacy culture with a burning passion of Cantonese music and its of Cantonese music and its

modern evolution modern evolution

Corresponding Topics Corresponding Topics Corresponding Topics

Highlight Programs Value Leading Value Leading Value LeadingTechnological Innovation开篇

Variety Shows

Singer 2024 Riding the Wind 2024 Time Concert S4

Presenting audiences with high-quality music Assisting in thinking about Innovating a dual-performance mode

positive values and an engaging cultural the strength of female and featuring "Singing with the Singer" and

exchange between China and the world traditional culture "Bullet Screen Singing with Others"

Corresponding Topics Corresponding Topics Corresponding Topics

Gold Rush 2025 A Journey for No. 1 S2 The Daughters of Chinese Villages

Value Leading Technological Value Leading Technological Innovation

Innovation Technological Innovation A global entrepreneurship show Exploring and discovering the Spotlighting the stories of rural women

for university students celebrating beauty of nature and geography and building an innovative "variety show

dreams taking flight in Hunan + cultural tourism" model in combination

with local characteristic culture

Corresponding Topics Corresponding Topics Corresponding Topics

Value Leading Natural Conservation Economy Driving Economy Driving

The Chinese Restaurant S8 Great Escape S6 Who's The Murderer ·

Season of Memories

Young partners embarking on a hands-on Public discourse meeting An Internet-based legal education mystery

journey running a restaurant puzzle-solving show delivering legal knowledge through

compelling storytelling

Divas Hit the Road S6 A captivating ensemble of women Awesome Us

Corresponding Topics Corresponding Topics Corresponding Topics solving mysteries together

Value Leading Value Leading Value Leading A globe-trotting adventure A spirited portrayal of youth A female-led mystery-solving show

full of challenges passion and dreams offering sharp insights into public

sentiment and real-world issues

Corresponding Topics Corresponding Topics Corresponding Topics

Value Leading Value Leading Value Leading

135 136Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Variety Shows Documentaries

Workplace Newcomers ·

Captain Season Guo Yi Shao Nian Zhi Catch Me If You Can Random Tour

Admonitions to Officials in China Mawangdui's Immortal Years Panda's Family

Exploring traditional Chinese maxims of official Revitalizing ancient artifacts Presenting the meticulous efforts

A thrilling journey of Making traditional Chinese Youth culture igniting A blind-box travel conduct and delving into the exemplary codes of through the deep integration of behind panda conservation and calling

aspiring pilots chasing their medicine appealing to the urban passion competition show conduct embedded in traditional Chinese culture "culture + technology" for species conservation

dreams in the skies younger generation

Corresponding Topics Corresponding Topics Corresponding Topics

Corresponding Topics Corresponding Topics Corresponding Topics Corresponding Topics Value Leading Culture of Integrity Value Leading Carrying Forward the Culture Value Leading Natural Conservation

Value Leading Value Leading Carrying Value Leading Value Leading

Economy Driving Forward the Culture Economy Driving Economy Driving

The Story of Eyes The Story of Soy Sauce Little Culture Guardians

Protecting children's eyes and Exploring a 3000-year cultural Showing a wonderful journey of

illuminating their future history of soy sauce safeguarding intangible cultural heritage

and advocating cultural inheritance

Brilliant Garden Daughters and Mothers Our AI Journey Corresponding Topics Corresponding Topics Corresponding Topics

Finding spiritual A heartwarming travel A journey of exploration Value Leading Economy Driving Value Leading Carrying Forward the Culture Value Leading Carrying Forward the Culture

sanctuaries in modern life show exploring the mother- through travel

daughter bond

Corresponding Topics Corresponding Topics Corresponding Topics

Value Leading Value Leading Value Leading Economy Driving

The Story of Anhua Dark Tea Qingxi Village: Remarkable Changes in the New Era

Blending history and science to reshape the Exploring rural revitalization

educational narrative of tea through the eyes of writers

Corresponding Topics Corresponding Topics

Value Leading Carrying Forward the Culture Value Leading Carrying Forward the Culture

137 138Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

TV Dramas

Flourished Peony Romance in the Alley The Legend of Shen Li Northwest Years Shooting Stars Me and My Family

Focusing on female growth and patriotism Embracing a documentary-style aesthetic A new mythological romance A sweeping retelling of the A tribute to unsung heroes of A heartfelt story of women's growth

with "flowers" as its mainline and depicting the deeply emotional featuring a powerful combination revolutionary history in China's the covert front whose paths love and courage

everyday lives of ordinary citizens infused with both the warmth of northwest region are paved with silent brilliance

everyday life and epic grandeur

Corresponding Topics Corresponding Topics Corresponding Topics

Corresponding Topics Corresponding Topics Corresponding Topics Value Leading Carrying Forward the Culture Value Leading Carrying Forward the Culture Value Leading

Value Leading Carrying Forward the Culture Value Leading Value Leading

Begin Again The City of Sunlight Sunrise on the River

Celebrating the 25th Anniversary of Macao's Following six young individuals as Presenting China's exploration

Return to China and showing the unique they chase their dreams and realize and practices in ecological

cityscape and cultural charm of Macao their self-worth in Tibet civilization development Good Will Society Brother A Taste Called Qingxi

Doctors with healing hearts Passion-fueled rally racing unfolding a A culinary blogger encountering a

Corresponding Topics Corresponding Topics Corresponding Topics curing the toughest diseases cultural and tourism picture of Xinjiang new-gen tech-savvy farmer

Value Leading Economy Driving Value Leading Economy Driving Natural Conservation

Corresponding Topics Corresponding Topics Corresponding Topics

Value Leading Value Leading Economy Driving Value Leading Carrying Forward the Culture

139 140Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

Key Performance Index of Indicators

Sustainability Report Guidelines Index

Category Indicator Unit 2022 2023 2024

Sustainability Report Guidelines Related Chapters

Operating revenue RMB100mn 139.77 146.28 140.80

Climate change tackling Environmental Protection and Climate Action

Net profit attributable to parent company RMB100mn 18.64 35.56 13.64 Not Applicable. The Company is not included in the list of enterprises

Pollutant discharge

that ought to legally disclose environmental information.Total assets RMB100mn 297.84 314.22 325.3

Production and operation activities have not generated waste

Waste disposal

materials causing significant environmental impact.Number of R&D personnel Person 535 694 879

Economic Ecosystem and biodiversity protection Environmental Protection and Climate Action

performance

Proportion of R&D personnel % 12.97 15.78 19.48 Environmental compliance management Environmental Protection and Climate Action

3.64 Energy usage Energy Management and Resource ConservationR&D investment RMB100mn 4.19 3.95

Energy Management and Resource Conservation Energy Management and Resource Conservation

Total tax RMB100mn 4.55 5.11 5.49

Circular economy Energy Management and Resource Conservation

Shareholder dividends RMB100mn 2.43 3.37 4.12 Rural revitalization Rural Revitalization and Social Contribution

Contributions to the society Rural Revitalization and Social Contribution

Power consumption KWH 11433751 11309010 11528342

Annual Feature: The Mango's Practice in the Integration of Culture

Gas consumption M3 19034 193720 265502 Innovation-driven and Technology

Information Security & Data and Intelligence-Driven Development

Environmental

performance Water consumption Ton 61336 62025 63618 Ethics of science and technology Information Security & Data and Intelligence-Driven Development

Supply chain security Supply chain security

Ton of CO2

Total greenhouse gas emissions 10277.60 10543.59 10895.15

equivalent Equal treatment to small and medium-sized Not applicable. The company treats small and medium-sized

enterprises equally and there are no situations where payments

enterprises

Total number of employees Person 4125 4397 4512 to small and medium-sized enterprises are overdue.Safety and quality of products and services Product Quality and User Rights

The proportion of female employees % 57 56 56

Data security and customer privacy protection Information Security & Data and Intelligence-Driven Development

Employment contract coverage % 100 100 100

Social Employees Employee Growth Health and Safety

performance

Social insurance coverage % 100 100 100 Due diligence Risk Identification and Internal Control

Communications with stakeholders ESG Management

Physical health examination coverage % 100 100 100

Anti-commercial bribery and anti-corruption Fair Business Practices Anti-Corruption and Integrity

Number of employee training Session 668 628 621 Anti-unfair competition Fair Business Practices Anti-Corruption and Integrity

141 142Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

GRI content index GRI

DISCLOSURE LOCATION

STANDARD

GRI Stakeholder Engagement

DISCLOSURE LOCATION

STANDARD G2-29 Approach to stakeholder engagement ESG Management

Statement Mango Excellent Media has reported the information cited in this GRI content index for the period January 1 2024

of use to December 31 2024 with reference to the GRI Standards. Material Topics

GRI 1 used GRI 1: Foundation 2021 G3-1 Process to determine material topics ESG Management

Organization and Reporting Practices G3-2 List of material topics ESG Management

G2-1 Organizational details About Mango Excellent Media G3-3 Management of material topics ESG Management

Entities included in the Economic Performance

G2-2 About This Report

organization's sustainability reporting G201-1 Direct economic value generated and distributed See the annual report

G2-3 Reporting period frequency and contact point About This Reaport G201-3 Defined benefit plan obligations and other retirement plans See the annual report

Activities and Workers G201-4 Financial assistance received from government See the annual report

G2-6 Activities value chain and other business relationships About Mango Excellent Media Indirect Economic Impacts

G2-7 Employees Employee Growth Health and Safety G203-2 Significant indirect economic impacts Rural Revitalization and Social Contribution

Governance Anti-corruption

Corporate Governance and

G2-9 Governance structure and composition Communication and training about Fair Business Practices Anti-Corruption and

Investor Relations Management G205-2 anti-corruption policies and procedures Integrity

G2-10 Nomination and selection of the highest governance body See the annual report Tax

G2-11 Chair of the highest governance body See the annual report G207-1 Approach to tax See the annual report

Role of the highest governance Corporate Governance and

G2-12 G207-2 Tax governance control and risk management See the annual report

body in overseeing the management of impacts Investor Relations Management

Stakeholder engagement and

G2-19 Remuneration policies See the annual report G207-3 See the annual reportmanagement of concerns related to tax

G2-20 Process to determine remuneration See the annual report G207-4 Country-by-country reporting See the annual report

G2-21 Annual total compensation rati See the annual report Energy

Strategy Policy and Practice G302-1 Energy consumption within the organization Energy Management and Resource Conservation

G2-22 Statement on sustainable development strategy ESG Management G302-3 Energy intensity Energy Management and Resource Conservation

Corporate Governance and

G2-23 Policy commitments G302-4 Reduction of energy consumption Energy Management and Resource Conservation

Investor Relations Management

G302-5 Reductions in energy requirements of products and services Energy Management and Resource Conservation

Corporate Governance and

G2-24 Embedding policy commitments

Investor Relations Management Water and Effluents

G2-25 Processes to remediate negative impacts Party Building Leadership and Thematic Education G303-5 Water consumption Energy Management and Resource Conservation

G2-26 Mechanisms for seeking advice and raising concerns Party Building Leadership and Thematic Education Emissions

Corporate Governance and G305-1 Direct (Scope 1) GHG emissions Energy Management and Resource Conservation

G2-27 Compliance with laws and regulations

Investor Relations Management G305-2 Energy indirect (Scope 2) GHG emissions Energy Management and Resource Conservation

G2-28 Membership associations Industry Exchange and Value Co-Creation G305-4 GHG emissions intensity Energy Management and Resource Conservation

143 144Mango Excellent Media Co. Ltd. | 2024 ESG & CSR Report Preface Governance Responsibility Social Responsibility Environmental Responsibility Appendix

GRI

DISCLOSURE LOCATION Reader Feedback

STANDARD

Supplier Environmental Assessment

New suppliers that were screened Responsible Procurement and Supply

G308-1 Dear readers

using environmental criteria Management

Thank you very much for taking time out of your busy schedule to read the 2024 ESG & CSR Report of

Employment

Mango Excellent Media Co. Ltd. To provide you and other stakeholders with more valuable information and

Benefits provided to full-time employees that are

G401-2 Employee Growth Health and Safety effectively promote the Company's ability and level to fulfill corporate social responsibility we sincerely look

not provided to temporary or part-time employees

forward to your comments and suggestions.G401-3 Parental leave Employee Growth Health and Safety

Occupational Health and Safety

G403-1 Occupational health and safety management system Employee Growth Health and Safety Multiple-choice Questions (please tick in the appropriate place)

Hazard identification risk assessment

G403-2 Employee Growth Health and Safety 1. Your overall assessment of this report is:

and incident investigation

Very good Good Fair Poor Very poor

G403-3 Occupational health services Employee Growth Health and Safety

G403-5 Worker training on occupational health and safety Employee Growth Health and Safety 2. How do you evaluate the response and disclosure in this report to the concerns of stakeholders

G403-6 Promotion of worker health Employee Growth Health and Safety Very good Good Fair Poor Very poor

Prevention and mitigation of occupational health and

G403-7 Employee Growth Health and Safety 3. What do you think of Mango Excellent Media's performance on economic responsibility

safety impacts directly linked by business relationships

Very good Good Fair Poor Very poor

Workers covered by an occupational

G403-8 Employee Growth Health and Safety

health and safety management system 4. What do you think of Mango Excellent Media's performance on environmental responsibility

Training and Education Very good Good Fair Poor Very poor

Programs for upgrading employee skills

G404-1 Employee Growth Health and Safety

and transition assistance programs 5. What do you think of Mango Excellent Media's performance on safety management

Percentage of employees receiving regular Very good Good Fair Poor Very poor

G404-2 Employee Growth Health and Safety

performance and career development reviews

6. What do you think of Mango Excellent Media's performance on employee responsibility

Diversity and Equal Opportunity Very good Good Fair Poor Very poor

G405-1 Diversity of governance bodies and employees Employee Growth Health and Safety

Local Communities 7. What do you think of Mango Excellent Media's performance on community responsibility

Very good Good Fair Poor Very poor

Operations with local community engagement

G413-1 Rural Revitalization and Social Contribution

impact assessments and development programs 8. Whether the information indicators and data disclosed in this report are clear accurate and complete

Supplier Social Assessment Very good Good Fair Poor Very poor

Responsible Procurement and Supply

G414-1 New suppliers that were screened using social criteria

Management 9. Do you think the content arrangement and layout design of this report are easy to read

Customer Health and Safety Yes No

Assessment of the health and safety impacts Responsible Procurement and Supply

G416-1 Open Questions

of product and service categories Management

Do you have any comments or suggestions on this report and the performance of Mango Excellent Media Co. Ltd. on its social

Customer Privacy responsibility

Substantiated complaints concerning breaches Information Security & Data and Intelligence-

G418-1

of customer privacy and losses of customer data Driven Development

145146

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