Gelonghui November 14th 丨Phoenix TVIn an announcement, the board of directors of Phoenix New Media Co., Ltd., a subsidiary of the company, declared a special cash dividend of $0.1714 per common share, equivalent to $1.3712 per US depository share, totaling about US$100 million. It will be distributed on December 13, 2019 at the end of office hours on November 29, 2019Phoenix New MediaShareholders of registered common stock.

Regarding the announcement of special cash dividends, the board of directors of Phoenix New Media has also approved the distribution of special cash compensation totaling about 8.3 million US dollars to Phoenix New Media share option holders.