How about the second subsidiary of Jiangsu Phoenix Publishing Media Group?

All right.

1. Publishing business: The publishing business of Phoenix Publishing Media Group covers books, periodicals, audio-visual products and other fields, and its magazines such as Xinhua Monthly and Readers have great influence in China.

2. Distribution business: The distribution business of Phoenix Publishing Media Group involves books, audio-visual products, electronic publications and other fields. A complete distribution network and sales channels have been established nationwide, and the distribution scope has been expanded through digital publishing.

3. Cultural and creative industries: Phoenix Publishing Media Group has also made some achievements in its investment and development in the field of cultural and creative industries. For example, Jiangsu Phoenix Real Estate Investment Co., Ltd., which it belongs to, has invested in a number of cultural real estate projects such as Nanjing Phoenix Cultural Square and Suzhou Phoenix Creative Park.