Zhejiang Publishing United Group Co., Ltd.

Zhejiang Publishing & Media Co., Ltd. (hereinafter referred to as "Zhejiang Publishing & Media") is a controlled subsidiary of Zhejiang Publishing United Group, a wholly state-owned publishing enterprise at the provincial level, and was established in 2016. On July 23, 2021, "Zhejiang Publishing & Media" (601921) was officially listed on the Shanghai Stock Exchange. Its parent company, Zhejiang Publishing United Group, has been rated as one of the "Top 30 National Cultural Enterprises" for 13 consecutive times and has been selected as one of the "Top 50 Global Publishing Enterprises." Zhejiang Publishing & Media is a large comprehensive cultural enterprise whose main business is the publishing and distribution of publications such as books, electronic and audio-visual products, and periodicals, and which integrates emerging business formats including digital publishing, digital media, digital marketing, information technology services, and online education and training. It currently has 4 sub-groups, 11 publishing units, more than 120 wholly-owned and controlled legal entities, and more than 7,000 employees of various types. More than 100 books have won various awards such as the "Five-One Project" Award, the China Publishing Government Award, and the China Excellent Publications Award. With thought leadership at the forefront and knowledge services in full bloom, Zhejiang Publishing & Media will take its entry into the capital market as an opportunity, conform to the trend of digital development, deeply cultivate the main front of original premium brand publishing, and comprehensively build a new publishing development pattern of mutual promotion between online and offline dual circulation, so as to create a distinctive publishing symbol for Zhejiang's high-quality construction of a "Common Prosperity" demonstration zone and its endeavor to build a cultural highland in the new era.