Alliance International Education Leasing Holdings Limited has provided an update on its acquisition of a 70% interest in Yantai Nanshan University. Despite the Target College's inability to carry out registration procedures to become a "for-profit" private school, the intention remains unchanged. The company has been actively monitoring the legal and regulatory framework in China and engaging with provincial authorities for updates. As of February 2025, no new policy changes have been reported. The company continues to fulfill its disclosure commitments to ensure transparency for investors.