China Beststudy acquires more shares for RSU scheme

On December 16, 2025, China Beststudy Education Group announced the purchase of 35,000 shares for its Restricted Share Unit (RSU) Scheme. This share purchase was conducted on the open market by the RSU trustee at an average consideration of HK$4.22 per share, totaling HK$147,720. The acquired shares represent approximately 0.004% of the company's total issued shares as of the announcement date. Following this transaction, the RSU trustee now holds 108,375,659 shares, up from 108,340,659 shares prior to the purchase. This balance includes 29,687,940 vested shares awaiting transfer to grantees.

The RSU Scheme, adopted on December 3, 2018, is detailed in the company’s prospectus dated December 12, 2018. The board believes the current share price undervalues the company's performance and underlying value, presenting a strategic opportunity to acquire shares for the scheme. This move is intended to attract talent, promote alignment of interests between key employees and the company, and create value for shareholders, while maintaining sustainable business development.

The company's board will continue to review and determine the number of RSUs to be awarded and additional shares to be purchased from the market, in compliance with listing rules. The executive directors are Mr. Junjing Tang, Mr. Junying Tang, Mr. Gui Zhou, and Ms. Weiying Guan, with Mr. Wai Ng as the non-executive director, and Ms. Yu Long, Mr. Jun Gan, and Mr. Haipeng Shen serving as independent non-executive directors.