Baosheng Media Group Holdings Limited signed a non-binding memorandum of understanding with Beijing Zhongcheng Kexin Technology Development Co., Ltd. to explore a strategic collaboration in the cultural tourism sector. The partnership aims to build an AI full-scenario marketing and service platform for tourist attractions, integrating Baosheng's AI short-form video marketing and virtual human live streaming with Zhongcheng Kexin's smart scenic-area infrastructure and VR services. Baosheng targets AI-driven revenue to reach 30% of total revenue in the near term and 65% within three years. Baosheng Media Group Holdings Limited is a China-based short-form video marketing service provider transitioning to an AI-native technology provider.

Baosheng Media Group Holdings Limited entered into a securities purchase agreement with High West Partners LLC on July 10, 2026, allowing the company to issue up to $30,000,000 of ordinary shares to the investor. The purchase price per share will be determined based on various volume-weighted average price (VWAP) mechanisms across different purchase categories. The company intends to use the net proceeds for general corporate purposes and working capital. Baosheng Media Group Holdings Limited is a media and advertising services provider based in China.

On July 9, 2026, Baosheng Media Group Holdings Limited entered into a subscription agreement with Anruitai Investment Limited for the issuance and sale of 1,280,000 ordinary shares at $0.52 per share. The PIPE transaction results in an aggregate purchase price of $665,600. Upon closing, Anruitai Investment Limited will return to being the company's principal shareholder, and the total number of issued and outstanding ordinary shares will increase to 33,114,487. The company operates in the media industry.

On June 5, 2026, Baosheng Media Group Holdings Limited entered into a subscription agreement for a PIPE transaction to issue and sell 25,000,000 ordinary shares for an aggregate purchase price of $12,536,125. The issuance comprises 24,880,018 shares at $0.492 per share and 119,982 shares at $2.46 per share. Upon closing, the company will have 26,534,487 ordinary shares issued and outstanding. The shares are issued in an offshore transaction under Regulation S. The company operates in the media industry.

On June 4, 2026, Baosheng Media Group Holdings Limited announced the resignations of independent directors Changhong Jiang and Tao Liu for personal reasons. The company appointed Chenxi Fang as an independent director and Audit Committee chairman, and named existing director Cai Lei as chairman of the Nominating and Corporate Governance Committee.