002659SZSE
🚨 Material Event

Detailed Report on Change of Equity (Beijing Haidian Education Technology Co., Ltd. and Parties Acting in Concert)

Kevin Education Co., Ltd.··67 pages

✨ AI Summary

Beijing Haidian Education Technology Co., Ltd. and its parties acting in concert, Beijing Haikai Holding (Group) Co., Ltd. and Beijing Haidian District State-owned Assets Investment and Management Co., Ltd., are acquiring a combined 28.84% stake in Beijing Kaiwen Education Technology Co., Ltd. from Bada Chu Holding Group Co., Ltd. through a share transfer agreement. The transaction involves each party acquiring a 50% portion of the 172,519,294 shares. This change of equity is subject to regulatory and internal approvals.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Beijing Kaiwen Education Technology Co., Ltd.

Detailed Report on Change of Equity

Company Name: Beijing Kaiwen Education Technology Co., Ltd.

Stock Exchange: Shenzhen Stock Exchange

Stock Abbreviation: Kaiwen Education

Stock Code: 002659.SZ

Information Disclosure Obligor: Beijing Haidian Education Technology Co., Ltd.

Address/Contact Address: Room 319, 3rd Floor, Xinya Building, No. 63 North West 4th Ring Road, Haidian District, Beijing

Party Acting in Concert: Beijing Haikai Holding (Group) Co., Ltd.

Address/Contact Address: 3rd Floor, Haikai Building, No. 21 Haidian South Road, Haidian District, Beijing

Party Acting in Concert: Beijing Haidian District State-owned Assets Investment and Management Co., Ltd.

Address/Contact Address: 3rd Floor, Xintai Building, No. 9 North West 4th Ring Road, Haidian District, Beijing

Nature of Equity Change: Increase in shares under the same actual controller (Agreement Transfer)

Signing Date: July 13, 2026

Declaration of Information Disclosure Obligor and Parties Acting in Concert

The terms or abbreviations used in this declaration have the same meanings as those defined in the "Definitions" section of this report.

  1. This report is prepared in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Takeover of Listed Companies, the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 15 — Report on Change of Equity, and the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 16 — Report on the Takeover of Listed Companies, and other relevant laws, regulations, and normative documents.

  2. As of the signing date of this report, the information disclosure obligor and parties acting in concert have obtained the necessary authorizations and approvals to sign this report, and their performance does not violate or conflict with any clauses in their articles of association or internal rules.

  3. In accordance with the Securities Law of the People's Republic of China and the Administrative Measures for the Takeover of Listed Companies, this report has fully disclosed the changes in the equity held by the information disclosure obligor and parties acting in concert in Kaiwen Education. As of the signing date of this report, except for the information disclosed herein, the information disclosure obligor and parties acting in concert have not increased or decreased their equity in Kaiwen Education through any other means.

  4. As of the signing date of this report, this change of equity has not yet officially taken effect. The change in equity held by the information disclosure obligor and parties acting in concert in Kaiwen Education must be approved by the authorized state-owned assets supervision and administration authority after internal procedures, obtain compliance confirmation from the Shenzhen Stock Exchange, and complete the share registration and transfer procedures with the Shenzhen Branch of China Securities Depository and Clearing Corporation before it can be fully implemented. This transaction remains subject to uncertainty, and investors are advised to pay attention to relevant risks.

  5. This change of equity is conducted based on the materials stated in this report. Except for the information disclosure obligor and parties acting in concert, no other person has been entrusted or authorized to provide information not listed in this report or to make any interpretation or explanation of this report.

  6. The information disclosure obligor and parties acting in concert promise that this report does not contain any false records, misleading statements, or major omissions, and they bear individual and joint legal responsibility for its authenticity, accuracy, and completeness.

Table of Contents

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.