China Beststudy Education Group buys back shares for RSU scheme

China Beststudy Education Group announced on October 17, 2025, that its RSU trustee purchased 100,000 shares on the open market for its restricted share unit (RSU) scheme. This share purchase, representing approximately 0.01% of the total issued shares, involved a total consideration of HK$531,000, with an average consideration of HK$5.31 per share. Following this transaction, the RSU trustee now holds 106,758,329 shares, up from 106,658,329 shares prior to the purchase. This includes 30,325,610 vested shares pending transfer to grantees.

The company's board believes the current share price undervalues its business performance and underlying value, presenting a good opportunity to source shares for the RSU scheme. This initiative is designed to attract talent, promote alignment of key employee interests with those of the company, and create value for all shareholders. The company's strong financial position supports the share purchase while maintaining sustainable business development.

The RSU scheme, adopted on December 3, 2018, allows the board to review and determine the number of RSUs to be awarded to selected individuals, along with vesting conditions and further share purchases from the market, in compliance with listing rules requirements.