Beststudy Education Buys Back 68,000 Shares for HKD 0.16 Million, Raises Treasury Stock to 2.72 Million

Bulletin Express10-22

China Beststudy Education Group (abbreviation: Beststudy Education) disclosed a share repurchase on 22 October 2026, acquiring 68,000 ordinary shares on the Hong Kong Stock Exchange.

Key transaction details • Volume: 68,000 shares, representing 0.0081 % of the company’s 844.57 million issued shares (excluding treasury shares) prior to the transaction. • Price range: HKD 2.36–2.43 per share; volume-weighted average price approximated at HKD 2.41. • Cash outlay: HKD 0.16 million.

Capital structure post-transaction (22 October 2026) • Issued shares outstanding (ex-treasury): 844.51 million, down from 844.57 million. • Treasury shares: 2.72 million, up from 2.65 million. • Total issued shares (including treasury): unchanged at 847.22 million.

Repurchase mandate utilisation • Shareholders authorised the current buy-back mandate on 6 May 2026 for up to 84.72 million shares. • Cumulative repurchases under the mandate now total 2.72 million shares, equivalent to 0.32 % of issued shares at the mandate date. • Pursuant to Hong Kong listing rules, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 21 November 2026.

Board confirmation The board affirmed that the repurchase complied with Hong Kong listing regulations and all necessary approvals and filings have been completed.

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