During the era of dual-panel publications: the company is not involved in stablecoin business, and its indirect stake in JD Technology is extremely low.

The announcement of Times Publishing stated that the company's A-shares have deviated by more than 20% from the closing price for three consecutive trading days, which is considered abnormal fluctuations. After self-examination and verification by the controlling shareholder, the company confirmed that there are no major issues that should have been disclosed but were not disclosed. The company is aware of the market's interest in its stake in JD Technology and its stablecoin business, but the company's indirect ownership stake in JD Technology is very low, and its main business is in book publishing and related industries, not stablecoin business. The company reminds investors to be cautious of the risks in the secondary market trades, and to refer to the announcements published in designated disclosure media for relevant information.