NEW HIGHER EDU(02001): Yuen Ai Group signs cooperation agreement with Zhongyuan Trust involving approximately 4.3 billion yuan.

NEW HIGHER EDU(02001) announces that Yun Ai Group has entered into a cooperation agreement with Zhongyuan Trust. According to this agreement, Yun Ai Group will pay Zhongyuan Trust a total amount not exceeding 430 million RMB. Zhongyuan Trust will be responsible for providing financial services to Yun Ai Group, including but not limited to asset management, financial advisory services, and risk management advisory services. The terms of the cooperation agreement were negotiated fairly by the Group and Zhongyuan Trust after considering recent market conditions. The Board believes that entering into this cooperation agreement will enable the Group to obtain comprehensive and convenient differentiated trust services and financial advisory services, help optimize capital allocation efficiency, provide long-term financial support for improving the quality of education in the Group's schools, and promote the high-quality development of the Group.