Share Repurchase Report

Stock Code: 300192 Stock Abbreviation: Kede Education Announcement No.: 2026-048

Suzhou Kede Education Technology Co., Ltd.

Share Repurchase Report

Important Content Tips:

1. Type of repurchased shares: Non-restricted A-shares.

2. Total repurchase amount: Not less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive).

3. Purpose of repurchase: Equity incentives or employee stock ownership plans.

4. Price range for repurchase: Not exceeding RMB 23.27 per share (inclusive).

5. Source of funds: Special bank loans, self-owned funds, and/or self-raised funds, with the special loan amount not exceeding RMB 180 million.

6. Quantity and proportion: Based on the price cap, the estimated quantity is 4,297,400 to 8,594,800 shares, accounting for approximately 0.93% to 1.87% of the total share capital.

7. Repurchase period: Within 12 months from the date the shareholders' meeting approves the repurchase plan.

8. Reduction plan: As of the disclosure date, directors, senior management, controlling shareholders, and persons acting in concert have no plans to reduce their holdings in the next 3 to 6 months.

I. Main Content of the Repurchase Report

(I) Purpose of the Share Repurchase

Based on confidence in the company's value and development prospects, the company aims to establish a long-term incentive mechanism, mobilize employee enthusiasm, and promote stable development. Considering the financial and operational status, the company intends to use bank loans, self-owned funds, and/or self-raised funds to repurchase A-shares via centralized bidding for future equity incentives or employee stock ownership plans.

(II) Compliance with Relevant Conditions

The repurchase complies with the conditions of Article 10 of the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 9 — Share Repurchase":

1. The company's stock has been listed for at least six months.

2. No major illegal acts in the last year.

3. Ability to perform debts and continue operations after the repurchase.

4. Equity distribution remains in compliance with listing conditions.

5. Other conditions stipulated by the CSRC and the Shenzhen Stock Exchange.

(III) Repurchase Method and Price Range

1. Method: Centralized bidding through the Shenzhen Stock Exchange trading system.

2. Price Range: Not exceeding RMB 23.27 per share. This cap does not exceed 150% of the average trading price of the 30 trading days prior to the board's resolution. The price may be adjusted if the company conducts ex-rights or ex-dividend events such as dividends, bonus shares, or capital reserve capitalization.

(IV) Type, Purpose, Quantity, and Funding

1. Type: RMB ordinary shares (A-shares).

2. Purpose, Quantity, and Funding: Shares will be used for equity incentives or employee stock ownership plans (excluding the "Yuejianzhe" Phase I plan). If not used within 36 months, the shares will be cancelled. The total amount is RMB 100 million to RMB 200 million. Based on the price cap, the estimated quantity is 4,297,400 to 8,594,800 shares.

(V) Source of Funds

Funds are sourced from special bank loans, self-owned funds, and/or self-raised funds. The company has obtained a "Loan Commitment Letter" from the Shenzhen Branch of China Merchants Bank for up to RMB 180 million, with a term not exceeding 36 months.