Chinese media announced that on November 18, 2025, the company held a board of directors to consider and pass a bill to sign the relevant agreement to cancel the agreement. On the same day, it signed a conditional cancellation agreement with Jiangxi Publishing and Media Group, agreeing to buy back the underlying assets at the original price and original route. On December 4, the company's extraordinary shareholders' meeting reviewed and passed the relevant bill. As of the announcement date, the transfer of the underlying assets and registration of commercial and commercial changes have been completed. The company's original 100% shares of Jiang Jiao Media and 51% of the shares in University Press have been transferred to the name of Jiangxi Publishing Media Group. Currently, the company still holds 49% of the shares in University Press and no longer holds shares in Jiang Jiao Media.

Chinese media announced that on November 18, 2025, the company held a board of directors to consider and pass a bill to sign the relevant agreement to cancel the agreement. On the same day, it signed a conditional cancellation agreement with Jiangxi Publishing and Media Group, agreeing to buy back the underlying assets at the original price and original route. On December 4, the company's extraordinary shareholders' meeting reviewed and passed the relevant bill. As of the announcement date, the transfer of the underlying assets and registration of commercial and commercial changes have been completed. The company's original 100% shares of Jiang Jiao Media and 51% of the shares in University Press have been transferred to the name of Jiangxi Publishing Media Group. Currently, the company still holds 49% of the shares in University Press and no longer holds shares in Jiang Jiao Media.