LEADER EDU (01449): The controlling shareholder intends to sell approximately 29.9% of the company's shares.

LEADER EDU (01449) announced that the company's board of directors has been informed that on September 2, 2026, Shuren Education Limited (Shuren), as the controlling shareholder of the company, entered into a sale and purchase agreement with Scienjoy Innovation Labs Inc. (Scienjoy), with Ms. Dong Ling acting as guarantor. The agreement pertains to the potential sale of 239 million shares of the company at a price of approximately HKD 103 million. Under the sale and purchase agreement, Shuren has conditionally agreed to sell, and Scienjoy has conditionally agreed to purchase 239 million shares, accounting for approximately 29.9% of the company's issued share capital as of the date of the agreement. Upon completion of the sale, assuming that the company's issued share capital remains unchanged, Shuren, together with Junhua Education Limited, will continue to act as the controlling shareholder of the company and will beneficially own a total of 257 million shares of the company, equivalent to approximately 32.18% of the companys issued share capital, while Scienjoy will beneficially own 239 million shares of the company, accounting for approximately 29.9% of the companys issued share capital. Scienjoy is a limited company incorporated in the British Virgin Islands and is wholly owned by Scienjoy Holding Corporation, which is a company listed on NASDAQ under the stock code SJ. According to its public disclosures, Scienjoy Holding Corporation has been promoting the integration of artificial intelligence, mixed reality, and other technologies with its digital content and lifestyle platform business. The board has learned that Scienjoy's acquisition of the sale shares is a strategic investment.