YUHUA EDU (06169): Hunan International Economics University Approved to Begin Profit-Oriented Private School Registration Process - Complex Procedures with High Uncertainty

Stock News
2025/09/14

YUHUA EDU (06169) announced that the company has noticed online rumors regarding one of its universities - Hunan International Economics University (the "School") - and makes the following statement: 1. Hunan International Economics University recently received approval from relevant government authorities to begin profit-oriented private school registration procedures. 2. The company reminds investors that the aforementioned approval allows the school to commence profit-oriented registration work according to government requirements, but does not mean it has already successfully registered as a profit-oriented school. 3. The school is progressively undertaking relevant work according to supervisory department requirements. The process is complex, time-consuming, and highly uncertain, with no guarantee or control over the required timeframe. 4. The company's operations remain normal and unaffected. The board of directors noted unusual fluctuations in the company's share price trading on the Stock Exchange on September 12, 2025. After making all reasonable inquiries under the circumstances, the board confirms it is not aware of any events or developments, other than those disclosed above, that may cause or relate to the unusual share price fluctuations; or any information that must be disclosed to avoid a false market; or any inside information that must be disclosed under Listing Rule 13.09(2) and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

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