China Yuhua Education Corporation Limited (Yuhua Education) disclosed that on 27 July 2026 it granted 9.78 million new shares under its 2017 Share Award Scheme to 102 employee participants, equivalent to 0.23% of the company’s issued share capital as of the announcement date.

The awards carry no purchase price or consideration and vest immediately, with neither performance targets nor claw-back provisions attached. The shares were valued at the market closing price of HK$0.365 on the grant date.

Post-transaction, approximately 240.40 million shares remain available for future grants under the scheme’s specific mandate, assuming no cancellations or alternative settlements. The company confirmed that none of the grantees are connected persons, related entity participants, service providers, or individuals exceeding the 1% individual limit stipulated in the revised Chapter 17 of the Hong Kong Listing Rules. In addition, Yuhua Education stated it will not provide any financial assistance for the purchase of the awarded shares.