China Beststudy acquires shares for RSU scheme, board sees undervaluation

On December 9, 2025, China Beststudy Education Group announced the purchase of 80,000 shares on the open market for its Restricted Share Unit (RSU) Scheme. This acquisition represents approximately 0.01% of the total issued shares. The shares were bought at an average consideration of HK$4.39 per share, totaling HK$351,490. Following this transaction, the RSU trustee now holds 108,180,659 shares, an increase from 108,100,659 shares prior to the purchase. This balance includes 29,722,940 vested shares awaiting transfer to grantees.

The company's board believes the current share price undervalues its business performance and underlying value, presenting an opportune moment to source shares for the RSU Scheme. This strategy aims to attract talent, align employee interests with company goals, and create value for shareholders, all while maintaining sustainable business development.

The RSU Scheme, adopted on December 3, 2018, allows the board discretion to determine the number of RSUs awarded and additional shares to be purchased from the market, subject to Listing Rules requirements.