China Beststudy boosts RSU scheme with HK$1.1m share purchase

China Beststudy Education Group announced a voluntary purchase of 238,000 shares on the open market by its RSU trustee on December 2, 2025. This acquisition, constituting approximately 0.03% of the total issued shares, supports the company's Restricted Share Unit (RSU) Scheme, adopted on December 3, 2018. The total consideration for this share purchase amounted to HK$1,120,820, with an average consideration of approximately HK$4.71 per share.

Following this transaction, the balance of shares held by the RSU trustee increased to 108,191,659 shares, up from 107,953,659 shares prior to the purchase. This includes 30,013,940 vested shares awaiting transfer to grantees. The board believes the current share price undervalues the company’s business performance and underlying value, presenting a good opportunity to acquire shares for the RSU Scheme.

The company is confident in its business outlook and prospects, viewing the RSU Scheme as a strategy to attract talent and align employee interests with those of the company to create shareholder value. This purchase, funded by the company's financial position, is intended to be implemented while maintaining sustainable business development.