Core Viewpoint - The establishment of the Shaanxi Normal University Publishing House's Guangdong-Hong Kong-Macao Greater Bay Area Education Publishing Studio aims to enhance educational publishing services and foster collaboration within the region [1][2][3] Group 1: Objectives and Goals - The studio aims to serve the education sector in the Greater Bay Area, promote quality education resources, and facilitate collaboration between the university and its alumni [2] - The focus will be on three core areas: deepening local engagement, leveraging technology for educational publishing transformation, and building connections for educational collaboration between eastern and western regions [2] Group 2: Strategic Importance - The studio's establishment provides new resources and opportunities for the Shaanxi Normal University Publishing House to integrate into the vibrant educational market of the Greater Bay Area [3] - By leveraging alumni networks and local educational institutions, the studio aims to access cutting-edge educational concepts and diverse collaboration projects, enhancing content innovation [3]

Group 1 - The stock price of Century Tianhong is reported at 10.84 yuan, down 0.86 yuan from the previous trading day, with an opening price of 11.30 yuan, a high of 11.30 yuan, a low of 10.80 yuan, a trading volume of 380,918 hands, and a transaction amount of 420 million yuan [1] - Century Tianhong operates in the cultural media industry, focusing on the planning, design, production, and distribution of educational publications, with a complete educational publishing industry chain covering various subjects for primary and secondary schools [1] - The controlling shareholder, Xinjiang Zhihong Education Investment, plans to reduce its holdings by no more than 10.9837 million shares, accounting for no more than 3% of the total share capital, within three months starting from September 4, 2025, to lower financing leverage and improve financial structure while expressing confidence in the company's future development [1] Group 2 - On August 14, the net outflow of main funds was 73.8121 million yuan, accounting for 1.93% of the circulating market value, with a cumulative net outflow of 139.2876 million yuan over the past five trading days, representing 3.64% of the circulating market value [1]