Announcement on the Continuation and Division of a Controlling Subsidiary
Guangdong Wenkai Green Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
I. Overview of the Division
To optimize resource allocation and enhance the overall operational efficiency of the Company's Wenkai Ecological Technology and Landscape R&D Center (hereinafter referred to as "Wenkai Green Valley"), the Company intends to implement a continuation and division of its controlling subsidiary, Wuhan Xuezhi Xiuyuan Education Technology Co., Ltd. (hereinafter referred to as "Wuhan Xuezhi"). After the division, Wuhan Xuezhi will continue to exist, and a new company (hereinafter referred to as "the New Company") will be established. Wuhan Xuezhi will continue to operate its existing business, while the New Company will take over the relevant assets and liabilities of Wenkai Green Valley (subject to the final division plan) and will specialize in the operation of Wenkai Green Valley's assets. The Company held the 17th meeting of the 6th Board of Directors on June 5, 2026, and approved the proposal regarding the continuation and division of the controlling subsidiary. According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules and the Company's Articles of Association, this matter does not constitute a related party transaction, nor does it constitute a major asset reorganization as defined by the Measures for the Administration of Major Asset Restructuring of Listed Companies, and does not require submission to the shareholders' meeting for deliberation. The Board of Directors has authorized the Company's management to handle all relevant procedures for this continuation and division.