Dashan Education shares suspended after acquisition completion

Dashan Education Holdings Limited completed the acquisition of a 52% equity interest in a target company on December 1, 2025. This transaction involved the allotment and issue of 60,000,000 new shares to Vendor A and 40,000,000 new shares to Vendor B, each at an issue price of HK$1.04 per share. Post-completion, the company now holds 52.0% of the target company, with Vendor A holding 18.8% and Vendor B holding 29.2%. The company’s total shares outstanding increased from 800,000,000 to 900,000,000.

Following the completion announcement, Dashan Education issued an inside information announcement stating that the Securities and Futures Commission (SFC) directed the Stock Exchange to suspend trading in its shares. This suspension took effect from 9:00 am on December 3, 2025.

Dashan Education Holdings is currently seeking professional advice regarding the suspension and intends to issue further announcements as appropriate. The company advises shareholders and potential investors to exercise caution when dealing in its securities.