Zhonggong Education: Part of the shares held by the controlling shareholder have been transferred through judicial auction.

Zhonggong Education announcement: The 184 million shares held by the company’s controlling shareholder, Li Yongxin, have been auctioned by the Beijing First Intermediate People’s Court, and the transfer registration procedures have been completed recently. After this judicial auction, Li Yongxin and the concerted parties acting in concert with him hold a total of 824 million shares, representing 13.36% of the company’s total share capital. As of the date of this announcement, the controlling shareholder Li Yongxin and the concerted parties acting in concert with him have cumulatively pledged 439 million shares, accounting for 53.32% of the shares they hold and 7.12% of the company’s total share capital; they have cumulatively had 680 million shares judicially frozen and marked, accounting for 82.56% of the shares they hold and 11.03% of the company’s total share capital.