China Science & Education Industry Group Limited announced that its consolidated affiliated entity, Guangzhou Huali Science and Technology Vocational College, signed two property transfer agreements on 21 August 2026 to purchase two six-storey student-dormitory buildings from Guangdong Hualiyuan Technology for a total consideration of RMB 37.71 million.

The assets, Building No. 1 and Building No. 2 at Guangdong Huali City College (Yunfu City, Guangdong), provide a combined gross floor area of 10,500.54 sq m—each building accounting for 5,250.27 sq m. Building No. 2 is currently leased to the Group at a monthly rent of RMB 0.13 million until 29 February 2028. Upon completion, the properties will expand on-campus accommodation capacity for the college’s students.

Transaction pricing was set at the market value of RMB 35.92 million, as appraised by Cushman & Wakefield as of 20 July 2026, plus applicable value-added tax, bringing the total to RMB 37.71 million. The vendor’s original acquisition cost stood at RMB 45.67 million. Payment will be made 50 % upon effectiveness and delivery, with the remaining 50 % due within ten working days after registration of title transfer. Funding will come from internal resources, bank facilities, or a mix of both.

The vendor is 99 % owned by Chairman and executive director Mr Zhang Zhifeng—also the Company’s controlling shareholder—rendering the deal a connected transaction under Chapter 14A of the Hong Kong Listing Rules. With the highest applicable percentage ratio exceeding 5 % but below 25 %, the purchase is classified as both a discloseable and connected transaction, requiring announcement, circular issuance, and independent shareholders’ approval at an extraordinary general meeting (EGM).

An Independent Board Committee of all independent non-executive directors will evaluate the terms, with Rainbow Capital (HK) Limited appointed as independent financial adviser. A circular containing full transaction details, the IFA’s advice, a valuation report, and EGM notice is scheduled for distribution on or before 30 September 2026.

The Company emphasises that completion of the acquisition remains subject to independent shareholders’ approval and advises shareholders and potential investors to exercise caution when dealing in the shares.