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XJ INTL HLDGS (01765.HK) has established a special task force for convertible Bonds.
On March 7, Gelonghui reported that XJ INTL HLDGS (01765.HK) announced that it has established a special task force for convertible Bonds. The task force includes (i) Chief Financial Officer Yang Wen (serving as the leader); and (ii) Joint Company Secretary and Chief Investment Officer Tan Li, along with Legal Department Head Zhou Xing (serving as members). Authorized by the Board of Directors, the special task force has appointed financial and legal advisors to assist in communication with convertible Bonds investors, aiming to reach a practical solution regarding the convertible Bonds.
Driven by technology and policy, the Education Industry pattern and valuation are expected to be restructured.
At the economic themed press conference on March 5, Zheng Zhanjie, the director of the National Development and Reform Commission, introduced plans to expand the supply of high-quality Education resources, continue to promote the quality upgrade of higher education, and further increase the scale of undergraduate enrollment in 'Double First Class' Universities.
Further Upside For XJ International Holdings Co., Ltd. (HKG:1765) Shares Could Introduce Price Risks After 25% Bounce
XJ INTL HLDGS (01765.HK) plans to sell 100% equity of Silver Mingde Education for 0.11 billion yuan.
On February 13, Glonghui announced that XJ INTL HLDGS (01765.HK) entered into an Equity Transfer agreement on February 13, 2025, between the seller, SiChuan HOPE EDU Industry Group Co., Ltd., and the buyer, Lanzhou Hengwen Middle School New Campus Limited Liability Company. According to this agreement, the seller conditionally agrees to (i) transfer 100% equity of the target company, Silver Mingde Education Limited Liability Company, and its affiliated entities ("target entity") at a transfer price of RMB 0.11 billion; and (ii) take over a shareholder loan owed by the target entity to the seller amounting to RMB 0.2 billion, which may be adjusted according to the terms and conditions of the Equity Transfer agreement.
Express News | Xj International - Sichuan Hope Education Industry to Transfer 100% Stake in Baiyin Mingde Education for RMB109.89 Mln
CITIC SEC: "The arrival of Deepseek Singularity" will likely accelerate the commercialization phase of Education + AI by 2025.
Xin Securities published a Research Report stating that recently, companies in the Education sector have been embracing Deepseek, and the strong reasoning capability of AI large models is expected to accelerate the commercialization phase of Education + AI.