China Hi-Tech announced that New Fangzheng Holdings Development Co., Ltd., the controlling shareholder of Fangzheng International Education, plans to indirectly transfer 117 million unrestricted tradable shares of the company by transferring its shares in Fangzheng International Education, accounting for 20.03% of the company's total share capital. If the transfer is completed, it will result in a change in control of the company. Trading of the Company's shares has been suspended since December 15, 2025, and is expected to be suspended for no more than 2 trading days.

China Hi-Tech announced that New Fangzheng Holdings Development Co., Ltd., the controlling shareholder of Fangzheng International Education, plans to indirectly transfer 117 million unrestricted tradable shares of the company by transferring its shares in Fangzheng International Education, accounting for 20.03% of the company's total share capital. If the transfer is completed, it will result in a change in control of the company. Trading of the Company's shares has been suspended since December 15, 2025, and is expected to be suspended for no more than 2 trading days.