Ms. Yu Zhong, an independent director and the chairperson of the nominating and corporate governance committee of the board of directors of Baosheng Media Group Holdings Limited notified the Company of her resignation from the board of directors for personal reasons on June 23, 2021, effective June 28, 2021. On June 28, 2021, the board of directors of the Company appointed Mr. Weitao Liang as an independent director of the Company and the chairperson of the nominating and corporate governance committee to fill the vacancy created by Ms. Yu Zhong's departure. Mr. Weitao Liang has over 14 years of experience in corporate finance and investment banking. Since March 2017, Mr. Liang has served as the head of Global Business Department at China Great Wall Securities Co. Ltd., where he is responsible for forming its Hong Kong subsidiary, undertaking cross-border investment banking and financing business development and supervising a team of global asset management. On July 2, 2021, Mr. Zuohao Hu, an independent director and the chairperson of the compensation committee of the board of directors of the Company, notified the Company of his resignation from the board of directors for personal reasons, effective July 5, 2021. Following Mr. Zuohao Hu's resignation, the Company expects to nominate a replacement director to the board of directors and elect a new chairperson for its compensation committee of the board of directors, in accordance with the terms of its compensation committee charter.