About BESTSTUDY EDU Company

As a leading education technology service provider in South China, Excellent Education Group (“the Company” or “Excellent Education” and its subsidiaries collectively referred to as the “Group” or “Group”) has always been committed to providing high-quality and diverse educational products and services to students and parents since its establishment 27 years ago. In recent years, the Group has actively embraced technology, kept pace with the times while continuously improving its ability to innovate, and promoted the transformation and upgrading of the Group's products and services to high-quality development through the use of information technology to improve product quality and services. The Group mainly provides education-related products and services, including full-time review services, quality education, independent study programs, vocational education and after-school tutoring programs. Our full-time review service aims to help students returning to the secondary school and college entrance examinations get admitted to their preferred schools. Our quality education aims to promote the all-round development of students, increase students' participation in the learning process and enhance the fun of learning. Our self-directed learning program aims to improve students' soft learning abilities through a self-study model, so that they can fully exercise their subjective activism in their studies and lives. Our vocational education aims to rely on public vocational colleges and use innovative models to cultivate new types of vocational and technical talents needed by the country and society. Our after-school tutoring program aims to help students establish a perfect learning mindset and knowledge system, and cultivate good study habits. The Group is deeply involved in the South China region and covers the whole country. Through 27 years of hard work and development, our “Excellent Education” brand and reputation have been recognized and welcomed by students, parents and all sectors of society, helping us to absorb a wide range of students and further strengthen our market position in the industry. For the six months ended June 30, 2024 (“reporting period”), we actively participated in social welfare undertakings, carried out party building work, and won the title of “Guangzhou Non-public Economic Organization “Double Strong and Six Good” Benchmark Party Organization” and the Party Building Innovation Case Award. Furthermore, under the guidance of various government departments in Yuexiu District of Guangzhou, we co-hosted the 2nd Charity Festival with private educational institutions in Yuexiu District to provide high-quality products and services to the general public, implement social responsibility through practical actions, and demonstrate corporate social responsibility.