Offcn Education Technology (002607.SZ) plans to establish a subsidiary with a capital of 150 million yuan in Hengqin, accelerating the expansion into the South China market.

Offcn Education Technology (002607.SZ) announced that its wholly-owned subsidiary, Beijing Zhonggong Zhiyuan Technology Co., Ltd., intends to establish a wholly-owned subsidiary, Zhonggong Zhiyuan (Zhuhai Hengqin) Education Technology Co., Ltd. (tentative name), in the Hengqin Guangdong-Macau Shallow Cooperation Zone. The registered capital will be 150 million yuan, aimed at accelerating the expansion of the southern market region and promoting the sustainable development of the company.