YUHUA EDU: Hunan University of Foreign Economic and Trade has been approved to carry out the classification registration of for-profit private schools, with a complex process and strong uncertainty

According to the Zhitong Finance APP, YUHUA EDU (06169) announced that the company has noticed rumors online regarding one of its universities - Hunan University of Foreign Economic Relations (hereinafter referred to as "the school"), and now makes the following statement:

1. Hunan University of Foreign Economic Relations has recently received approval from the relevant government authorities to carry out the classification registration of for-profit private schools.

2. The company reminds all investors that the aforementioned approval is to allow the school to carry out for-profit registration work according to the relevant requirements of the government department, and does not mean that it has successfully registered as a for-profit school.

3. The school is gradually carrying out the relevant work according to the requirements of the authorities, which is a complex process, time-consuming, and highly uncertain, making it impossible to guarantee and control the required time.

4. The company's operations are all normal and have not been affected in any way.

The company's board of directors has noticed unusual fluctuations in the market price of the company's shares traded on the Stock Exchange on September 12, 2025. After the company made all reasonable inquiries in this regard, the board confirmed that it is not aware of any events or developments that could lead to or may be related to unusual stock price fluctuations, other than what has been disclosed above; nor is it aware of any information that must be disclosed to avoid creating a false market; or any insider information that must be disclosed under Listing Rule 13.09(2) and Part XIVA of the Securities and Futures Ordinance (Cap. 571) of Hong Kong