Scienjoy agrees to buy 29.9% stake in Leader Education for HK$102.69 million

• Scienjoy Holding agreed to buy 239,234,000 Leader Education shares for HK$ 102.69 million, taking a 29.9% stake.
• Seller Shuren Education is Leader Education’s controlling shareholder; the deal is structured under a sale and purchase agreement.
• Closing depends on due diligence, consents, continued Hong Kong listing, no material breach, no trading halt exceeding 10 business days.
• Transaction is expected to close five business days after conditions are satisfied or waived.
• Deal is a related-party transaction; independent director Jun Lu also serves as an executive director of Leader Education.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scienjoy Holding Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609022030PR_NEWS_USPR_____CN39055) on September 03, 2026, and is solely responsible for the information contained therein.