Cord Education: intends to use no more than 200 million yuan to repurchase company shares.

Cord Education announced that it plans to use bank loans, its own funds, and/or self-raised funds to repurchase a portion of the company's publicly held shares through centralized bidding. The repurchase price for this share buyback will not exceed RMB 23.27 per share, with a total fund amount of no less than RMB 100 million and no more than RMB 200 million. It is estimated that the number of shares to be repurchased will be approximately 4.2974 million shares, representing approximately 0.93% of the company's current total share capital, or up to 8.5948 million shares, representing approximately 1.87% of the company's current total share capital.