CH GENERAL EDU acquires art examination training services for a price of 312 million RMB

CH GENERAL EDU announced the acquisition of 100% equity of Guangzhou Tongmeng Art Education Consulting from an independent third party, which mainly provides art examination training services, at a cost of 312 million RMB, including an initial cash payment of 93.6 million RMB, with the balance to be paid in three installments. The company may choose to settle with consideration shares. Based on an issue price of 3.75 RMB, the estimated maximum number of consideration shares is 63.8946 million shares

Hong Kong education stocks surged, with Thinking Education once soaring over 22% during the session, leading significantly. CH GENERAL EDU rose over 10%, New Oriental EDU & Tech increased over 6%, CH XINHUA EDU gained 5.6%, and China Science Education Industry rose 4%. Excellence Education Group, NEW HIGHER EDU, Dasha Education, and Jianqiao Education also followed suit

"Performance" CH GENERAL EDU's mid-term net profit is 51.77 million RMB, a decrease of 23.5%, and no dividend is declared

CH GENERAL EDU announced its interim results for the six months ending in February, with revenue of RMB 183 million, a slight decrease of 0.5% year-on-year. It recorded a net profit of RMB 51.77 million, a decline of 23.5%, with earnings per share of 11 cents. No interim dividend will be distributed

CH GENERAL EDU: Wang Donghua appointed as Chief Financial Officer

According to the Zhitong Finance APP, CH GENERAL EDU announced that Xu Yanjie has resigned as the company's Chief Financial Officer due to personal health reasons, effective April 29, 2025. Following Xu Yanjie's resignation, the board announced that Wang Donghua has been appointed as the Chief Financial Officer, effective April 29, 2025

CH GENERAL EDU announced its interim results, with a net profit of 51.767 million yuan, a year-on-year decrease of 23.45%

CH GENERAL EDU announced its interim results for the period ending February 28, 2025, with revenue of approximately 183 million yuan, a year-on-year decrease of 0.54%; net profit of 51.767 million yuan, a year-on-year decrease of 23.45%. Earnings per share were 0.11 yuan. The number of full-time enrolled students was 19,313, a year-on-year decrease of 0.8%; new student enrollment was 5,256, a year-on-year decrease of 6.8%. The decrease in revenue was mainly due to a decline in tuition income