Time Publishing And Media Co., Ltd.: The company's main business is book publishing and related services, and it does not involve stablecoin business

Time Publishing And Media Co., Ltd. issued a notice stating that from June 17 to June 19, 2025, the cumulative price deviation of the company's stock closing prices exceeded 20% over three consecutive trading days. According to the "Shanghai Stock Exchange Trading Rules," the company's stock trading falls under abnormal fluctuation circumstances. After verification, the company's production and operational activities are in a normal state, and there have been no significant changes in the internal and external operating environment. There is no significant information that should be disclosed but has not been disclosed. After the company's self-inspection and confirmation through a letter to its controlling shareholder, Anhui Publishing Group Co., Ltd., it is confirmed that as of the date of this announcement, the company's controlling shareholder does not have any significant matters that should be disclosed but have not been disclosed, including but not limited to significant asset restructuring, major transaction matters, business restructuring, share repurchase, equity incentives, bankruptcy reorganization, major business cooperation, and introduction of strategic investors. The company's main business is related to book publishing and does not involve stablecoin business