LEADER EDU (01449) obtains pledge of shares by the controlling shareholder.

Leader Edu (01449) announced that on May 9, 2025, both Junhua Education Limited and Shuren Education Limited (both company controlling shareholders) entered into a share pledge agreement with the Industrial Bank Harbin Branch (lender). Junhua Education Limited and Shuren Education Limited agreed to pledge a total of 1.97 billion shares of common stock with a face value of $0.01 per share and 3 billion shares of common stock (pledged shares) held by each of them as collateral for a loan of RMB 350 million provided to the company's affiliated entity, Heilongjiang Business and Technology University. As of the date of this announcement, (i) Junhua Education Limited holds 1.97 billion shares of the company, representing approximately 29.5% of the company's issued share capital, while Shuren Education Limited holds 3 billion shares of the company, representing approximately 45.0% of the company's issued share capital; and (ii) the pledged shares of 4.97 billion shares represent approximately 74.50% of the company's issued share capital.