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DouShen Education: Clarifies that the Q1 financial report contains inaccurate information; the report is still being prepared.
Duosheng Education Announcement: On April 23 and April 24, 2026, the company discovered that some media outlets had published false reports regarding the financial information in the company’s 2026 first-quarter report. The headline of the report is: “Duosheng Education: First-Quarter Net Profit Loss of 42.2115 Million Yuan,” and the content is: “Duosheng Education announced that in the 2026 first quarter, operating revenue was 393 million yuan, representing a year-on-year increase of 25.32%; net profit attributable to shareholders of the listed company was -4221.15 million yuan. The performance change is mainly due to increased product sales resulting from growth in demand from customers both in China and overseas, as well as strong demand for high value-added products and adjustments to the product structure.” The report has been reposted by some news media outlets.
After verifying with the company’s person in charge of finance, it was determined that the relevant financial information involved in the above report is inaccurate. The company has requested that the relevant media outlets and platforms immediately delete the above-mentioned false reports and eliminate the impact.
The company is closely monitoring the development of this incident and reserves the right to pursue its legal responsibilities. The scheduled time for the company’s 2026 first-quarter report to be released is April 30, 2026. As of the date of disclosure of this announcement, the company’s 2026 first-quarter report is still being prepared and has not provided the relevant data to the public.