Era Publishing during the two consecutive boards: No stablecoin business is being conducted, and the indirect holding of JD Technology is extremely low.

During the time of the two consecutive trading sessions, the company published an announcement about changes. The company noted that the market is concerned about whether it holds shares in JD Tech (Jingdong Technology) and whether it is involved in stablecoin business. According to media reports, JD Tech's wholly-owned subsidiary, JD Coin Chain Technology Co., Ltd., is involved in stablecoin business. The company invested 138 million yuan in 2018 to participate in the establishment of Suqian Dongruiyingtai Equity Investment Partnership Enterprise, which specializes in investing in JD Tech. The company's previous stake in JD Tech was 0.84%. The company currently holds a 10% stake in the fund, and its indirect stake in JD Tech is very low. Currently, the company's investment principal is gradually being withdrawn, and the interest generated by the investment principal will be converted into JD Tech shares held by the fund for continued holding, resulting in a lower stake percentage than before. In addition, the company has no other business relationship with JD Tech, and this investment will not affect the company's operations. The company's main business is in book publishing and related industries, and does not involve stablecoin business.