Phoenix Media Investment established a higher education publishing company.

The Qichacha app shows that recently, Jiangsu Fenghuang Higher Education Publishing Co., Ltd. was established with a registered capital of 30 million yuan. Its business scope includes cloud computing equipment technical services, software development, software sales, digital cultural and creative software development, and more. According to Qichacha's equity penetration display, the company is wholly owned by Phoenix Media.