AngLi Education: Intends to sell 100% equity of KPS for 80,000.
Ang Li Education Announcement: The company intends to sell 100% equity of Kensington Park School Limited to Hong Kong KS Education Group Limited or its designated company for a transaction price of 80,000 pounds, and to sign a "Equity Transfer Agreement". This transaction has been approved by the 11th Board of Directors at the 20th meeting and does not require approval by the shareholders' meeting. The actual controlling person of the counterparty, Huang Xiaohua, has a good credit status and is not listed as a person subject to enforcement for dishonesty. This transaction is expected to generate an investment income of approximately 20 million yuan for the company. After the transaction is completed, the company will no longer hold KPS shares, and the scope of the company's consolidated financial statements will change.
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