Xinhua News Media Holdings Limited Announces Dismissal of Fu as Chief Executive Officer

Xinhua News Media Holdings Ltd is an investment holding company mainly engaged in the cleaning businesses. The Company operates its business through three segments. The Cleaning and Related Services segment engages in the provision of cleaning and related services for office buildings, public areas and residential areas. The Waste Treatment Business segment engages in the provision of organic waste treatment and sale of the by-products produced. The Advertising Media Business segment engages in the provision of media strategy, planning and management, product launching and selling, brand building, event marketing as well as developing and operating advertising media.