Chairman and Executive Director Li Xiaoxuan increased his holdings in NEW HIGHER EDU (02001) by 700,000 shares at a price of approximately HK$1.08 per share.

According to the latest information from the Hong Kong Stock Exchange, on February 20, the Chairman and Executive Director of the Board, Li Xiaoxuan, increased his holdings of NEW HIGHER EDU (02001) by 700,000 shares, with a price of 1.0791 Hong Kong dollars per share, for a total amount of approximately 755,400 Hong Kong dollars. After the increase, the latest number of shares held is approximately 772 million shares, with a new shareholding ratio of 50.05%.