Central China Land Media boosts education arm with capital injection

Central China Land Media announced on December 22, 2025, that its board approved a capital increase for its wholly-owned grandchild company, Henan Innovation Practice Education Co., Ltd. The registered capital of Innovation Practice Company will increase from RMB 30 million to RMB 80 million, with a total cash injection of RMB 50 million. This move is supported by Central China Land Media's wholly-owned subsidiaries, including Henan Xinhua Bookstore Distribution Group Co., Ltd. (RMB 17.5 million), Da Xiang Publishing House Co., Ltd. (RMB 8.5 million), and Hai Yan Publishing House Co., Ltd. (RMB 8.8 million).

Additionally, the company will introduce Henan Digital Science and Education Equity Investment Fund Partnership (Limited Partnership), a related party, which will invest RMB 15.2 million for a 19% stake in Innovation Practice Company. This transaction is categorized as a related party transaction due to the fund's association with Central China Land Media's controlling shareholder. The capital increase aims to accelerate the company’s expansion in practical education, enhance its educational service ecosystem, and foster new profit growth points.

The transaction, valued at RMB 1.006 per share based on an appraisal report, was approved by the board of directors, with related parties abstaining from the vote. Independent directors also concurred with the decision, affirming the fairness and legality of the transaction.