China Beststudy buys back shares for RSU scheme, board sees undervaluation

China Beststudy Education Group disclosed a voluntary purchase of 372,000 shares on the open market on November 27, 2025, for its RSU Scheme. This represents approximately 0.04% of the total issued shares. The shares were acquired at an average consideration of HK$4.89 per share, totaling HK$1,820,420.

Following this transaction, the RSU trustee now holds 107,499,919 shares, an increase from 107,127,919 shares held prior to the purchase. This balance includes 30,014,200 vested shares awaiting transfer to grantees. The company’s board believes the current share price undervalues its performance and underlying value, presenting an opportunity to attract talent and align employee interests with shareholder value.

The board plans to continue reviewing and determining RSU awards and future market purchases under the RSU Scheme, subject to Listing Rules requirements. This strategy is intended to support sustainable business development while leveraging the company's financial position.