China General Education Group Updates Acquisition of Guangzhou Tongmeng Art Education Consulting

Reuters

2025/12/19

China General Education Group Updates Acquisition of Guangzhou Tongmeng Art Education Consulting

China General Education Group Ltd. has provided a supplemental announcement regarding its acquisition of 100% equity interest in Guangzhou Tongmeng Art Education Consulting Co., Ltd. The update confirms that the valuation of the target company, which involved discounted future estimated cash flows, has been reviewed by both the board of directors and independent reporting accountants. The board stated that the valuation was made after due and careful enquiry, and the supplemental information does not affect other details previously disclosed about the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China General Education Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251219-11962436), on December 19, 2025, and is solely responsible for the information contained therein.

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