Onli Education announced that the company plans to transfer 0.3034% of the shares held by Shenyin Wanguo Futures Co., Ltd. to Shenwan Hongyuan Securities Co., Ltd. for 14.35 million yuan and sign a “Share Transfer Agreement”. This transaction does not constitute a related transaction, nor does it constitute a major asset restructuring. The transaction is within the scope of approval of the company's management. It has been reviewed and approved by the CEO meeting, and there is no need to submit it to the board of directors or shareholders' meeting for review.

Onli Education announced that the company plans to transfer 0.3034% of the shares held by Shenyin Wanguo Futures Co., Ltd. to Shenwan Hongyuan Securities Co., Ltd. for 14.35 million yuan and sign a “Share Transfer Agreement”. This transaction does not constitute a related transaction, nor does it constitute a major asset restructuring. The transaction is within the scope of approval of the company's management. It has been reviewed and approved by the CEO meeting, and there is no need to submit it to the board of directors or shareholders' meeting for review.