The Group has been operating private schools in China for over 20 years. Based on the number of students enrolled, the Group is one of the leading private school operators in China. The Group's basic educational goal is to “cultivate modern talents with leadership skills and independent learning ability to contribute to the great rejuvenation of the Chinese nation.” As an education service provider, the Group is convinced that we shoulder the responsibility of nurturing the future of society and are committed to providing educational services in line with the Group's values and attitudes. The curriculum of the Group's schools not only helps students achieve excellent academic results, but also emphasizes the all-round development of students. The Group plans to continuously improve education infrastructure in order to continuously expand the school network and ensure the provision of quality education to students. As a result, there have been no major changes in the Group's business since August 31, 2023.