Vice General Manager and Chief Financial Officer of Time Publishing and Media (600551.SH), Gui Bin, has resigned.

Time Publishing and Media (600551.SH) issued an announcement, stating that the company has recently received a written resignation report from Mr. Gui Bin, the company's deputy general manager and finance director. Due to reaching retirement age, Mr. Gui Bin has applied to resign from his positions as deputy general manager and finance director of the company, and will not hold any position in the company after his resignation.