China Beststudy acquires more shares for RSU scheme

China Beststudy Education Group (HKEX:3978) announced a voluntary share purchase on October 14, 2025, acquiring 179,000 shares on the open market for its Restricted Share Unit (RSU) Scheme. This share purchase was executed at an average consideration of HK$4.81 per share, totaling HK$860,990. The acquired shares represent approximately 0.02% of the total issued shares as of the announcement date.

Following this transaction, the balance of shares held by the RSU trustee increased from 106,501,329 shares to 106,680,329 shares. This includes 30,347,610 vested shares pending transfer to grantees. The company’s board believes the current share price undervalues the company's business performance and underlying value, presenting a good opportunity to source shares for the RSU Scheme.

The board expressed confidence in the company's business outlook and prospects, noting the RSU Scheme helps attract talent and align employee interests with shareholder value. The company’s financial position allows for this share purchase while maintaining sustainable business development.