Scholar Education Group raises capital via new share subscriptions

Scholar Education Group entered into subscription agreements with over six subscribers for an aggregate of 110,000,000 subscription shares under a general mandate. This follows the initial announcement made on October 15, 2025, and a supplemental announcement dated October 16, 2025.

The subscribers include permanent residents of Hong Kong with extensive experience in capital markets, encompassing investments in shares, debentures, stock markets, derivatives, and property. One subscriber is a British Virgin Islands-incorporated company primarily engaged in investment activities. The directors believe these subscriptions will not only raise funds for strategic initiatives but also enhance the company's visibility in capital markets.

All subscribers are deemed independent and not connected with each other, according to the directors' knowledge, information, and belief. The board, led by chairman and executive director Mr. Chen Qiyuan, underscores the confidence of these experienced investors in the company's long-term development and growth.