Code Education: The controlling shareholder and actual controller of the company terminate the share transfer agreement.

Cord Education Announcement: The share transfer agreement signed between the company's controlling shareholder and actual controller, Wu Xianliang, and Zhongjingheda has been terminated. The original plan was to transfer 77.5843 million shares at a price of 14.72 yuan per share, accounting for 23.5716% of the total share capital of the company. This transfer of control rights is a personal action of the shareholder and will not have any impact on the normal operation of the company. The company's management team will continue to operate steadily and focus on the development of core business.