Baosheng Media Group Holdings Ltd

Cooperation Framework

Under the MOU, the parties intend to establish a long-term, in-depth strategic partnership. Baosheng Group will provide technology and marketing support, including AI virtual human technology, intelligent media-buying systems, AI advertising capabilities, and online marketing channels. Leveraging its local-services business ecosystem and offline operating resources, 58.com will provide applicable use cases and a foundation for coordinated operations.

The budget for research and development coordination, technical evaluation, and marketing promotion related to the initial cooperative projects will be determined separately following preliminary technology integration and project evaluation by the parties. The parties intend to enter into definitive strategic cooperation agreements, supplemental agreements, or project confirmation documents for specific initiatives. These documents are expected to further define project scope, service standards, business models, resource commitments, and other implementation arrangements.

The MOU provides a foundation for further discussions and the execution of definitive agreements and does not constitute a legally binding final commercial arrangement. Except for applicable provisions such as confidentiality, the parties’ specific rights and obligations will be governed by definitive agreements to be executed in the future.