Phoenix New Media subsidiary files 2024 annual report

** Phoenix Media Investment (Holdings) Limited (HKEX: 2008) announced today that its listed subsidiary, Phoenix New Media Limited ("PNM"), filed its annual report with the U.S. Securities and Exchange Commission for the fiscal year ending December 31, 2024. PNM is listed on the New York Stock Exchange. The announcement states that PNM's annual report is available for review, with details included in the release. Revenue contributed by the VIEs and their subsidiaries accounted for 47.9% of our total revenues. As of December 31, 2024, the Company had total assets of RMB1,711.927 million. The filing was made in accordance with Hong Kong Stock Exchange rules.