Dashan Education Holdings Limited (Stock Code: 9986) has announced that, effective December 1, 2025, Mr. Zhang Hongjun has stepped down from his roles as Executive Director, Chairman, Chairman of the Nomination Committee, Chairman of the Investment Management Committee, a member of the Remuneration Committee, and the Authorized Representative under Listing Rule 3.05. He has also resigned from all positions at the Company’s subsidiaries.

According to the announcement, the decision was made so Mr. Zhang could allocate more time to his other commitments. There is no disagreement with the Board, and no matters have arisen that require further attention from the Stock Exchange or shareholders.

In light of Mr. Zhang’s departure, the Board is considering how to fill the resultant vacancies and ensure compliance with relevant requirements. Meanwhile, the Company’s shares have been halted from trading since November 28, 2025, pending a clarification announcement regarding a restriction notice related to the Company’s shares. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities.