Bojun Education Company Ltd. has announced amendments to the terms of its previously disclosed disposal of a 51% equity interest in Pengzhou School. The company stated that it is currently exploring various options, including potential legal action, to protect its interests and recover the total investment fund due to a default and delay in completion by Hongde Guanghua. Bojun Education emphasized that the delay is not expected to have any material adverse impact on its operations or financial position. Further updates will be provided as appropriate, according to the company.
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