NOTIFICATION LETTER 通知信函 27 March 2026 Dear Non-registered Holder(s) (Note 1) , Bradaverse Education (Int'l) Investments Group Limited (the "Company") – Notice of Publication of Interim Report 2026 (the "Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.bdveduii.com and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk respectively (the "Website Vers ...

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability) （於開曼群島註冊成立及於百慕達存續之有限公司） (Stock Code 股份代號：1082) NOTIFICATION LETTER 通知信函 27 March 2026 Dear Registered Shareholders, Bradaverse Education (Int'l) Investments Group Limited (the "Company") Bradaverse Education (Int'l) Investments Group Limited 源宇宙教育（國際）投資集團有限公司 各位登記股東： 源宇宙教育（國際）投資集團有限公司（「本公司」） –2026年中期報告（「本次公司通訊」）之刊發通知 本公司的本次公司通訊之中、英文版本已分別上載於本公司網站(www.bdveduii.com)及香港聯合交易所有限公司（「聯交所」）之網站(www.hkexnews.hk)（「網站 版本」）。本公司建議 閣下閱覽本公司 ...

Financial Performance - The Group recorded revenue of approximately HK$21.95 million for the six months ended 31 December 2025, representing a decrease of approximately 56.29% compared to HK$50.22 million for the corresponding period in 2024[8]. - The Group reported a loss of approximately HK$3.85 million for the period, an improvement from a loss of approximately HK$14.04 million in 2024[8]. - Loss attributable to owners of the Company for the Period was approximately HK$3.55 million, a significant improvement from a loss of approximately HK$11.57 million in 2024, resulting in a loss per share of HK cents 0.58 compared to HK cents 1.90 in 2024[84][87]. - The Group recorded finance costs of approximately HK$1.38 million during the Period, slightly down from approximately HK$1.40 million for the corresponding period in 2024[83][86]. - The total comprehensive expense for the period was HK$3,853,000, compared to HK$14,036,000 in the prior year, indicating a decrease of 72.6%[135]. - The company reported a loss for the period of HK$3,548,000, which is a decrease from the loss of HK$11,566,000 reported in the previous period[142]. Revenue Breakdown - Revenue from primary tutoring services, skill courses, and test preparation courses was approximately HK$16.72 million, an increase of approximately 6.36% from HK$15.72 million in the same period of 2024[17]. - Revenue from secondary tutoring services increased to approximately HK$90,000, representing an increase of approximately 23.29% compared to approximately HK$73,000 in the corresponding period in 2024[67]. - Revenue from money lending was HK$1,262,000, while the VR and digital entertainment segment generated revenue of HK$3,412,000[164]. - Revenue from contracts with customers decreased to HK$21,949,000 for the six months ended December 31, 2025, down from HK$50,218,000 in the same period of 2024, representing a decline of approximately 56.3%[177]. - Franchising income increased to HK$3,406,000, up from HK$2,577,000, reflecting a growth of 32.2% year-over-year[177]. Assets and Liabilities - Non-current assets decreased to HK$22,021,000 as of December 31, 2025, down from HK$28,077,000 as of June 30, 2025, reflecting a decline of 21.5%[136]. - Current assets increased to HK$68,796,000 from HK$65,958,000, showing a growth of 4.2%[136]. - Total liabilities of the Group were HK$45,313,000, with segment liabilities for private educational services at HK$12,892,000[171]. - The total balance of cash and cash equivalents as of 31 December 2025 was approximately HK$0.84 million, down from approximately HK$1.54 million as of 30 June 2025, with a current ratio of approximately 1.59 times[93][97]. Investment and Financial Strategy - The Group's investment strategy focuses on long-term holding of Convoy shares, with an openness to exploring exit options such as private sales or potential relisting[61]. - The Group aims to safeguard shareholder value through careful assessment of market conditions and adjustment of investment strategies accordingly[63]. - Robust controls are in place for investment processes, including pre-transaction due diligence and post-transaction monitoring[105]. - The Group's Treasury Policy aims to enhance shareholder value through diversified investments aimed at capital appreciation and preservation[106]. Operational Highlights - The Group operates 8 directly-owned education centers and 32 franchised centers under the brand "Modern Bachelor Education" as of 31 December 2025[16]. - The Group is integrating AI technologies into its current products and developing innovative education services, aiming to expand into larger markets and new segments such as vocational and technical training[85][88]. - The Group is committed to becoming a leading content and solution provider in the STEAM education industry, focusing on technological innovation in advanced fields[90][96]. - The Group had no significant contingent liabilities as of December 31, 2025[115]. Employee and Operational Costs - The Group had a total of 86 full-time employees, an increase from 77 employees as of June 30, 2025[111]. - Staff costs decreased to approximately HK$13.26 million during the Period from approximately HK$14.55 million for the corresponding period in 2024, primarily due to cost-efficiency measures[70]. - Marketing expenses decreased to approximately HK$0.49 million during the Period from approximately HK$1.36 million for the corresponding period in 2024, due to a shift to more cost-efficient advertising media[76]. Loan and Credit Management - As of December 31, 2025, China Rich's total loan receivables amounted to HK$25.59 million, with secured loans accounting for 19.54% and unsecured loans for 80.46% of the total[40]. - The company performs internal credit assessments for loan applications, considering factors such as income proof, collateral valuation, and credit history to determine loan amounts and interest rates[30]. - Loan recovery procedures include tracking repayment records, communicating with customers for overdue payments, and taking legal action when necessary[31]. - The company emphasizes compliance with anti-money laundering and counter-terrorist financing regulations during the loan approval process[30]. Dividend and Shareholder Returns - The Board does not recommend the payment of an interim dividend for the six months ended 31 December 2025[6]. - The board does not recommend the payment of an interim dividend for the period, consistent with the previous year where no dividend was declared[192].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 公司名稱: 源宇宙教育(國際)投資集團有限公司 呈交日期: 2026年3月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01082 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 6,000,000,000 | | HKD | | 0.05 HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.05 HKD | | 300,000,000 | 本月底法定/註冊股本總額： HKD 300,000,000 FF301 截至月份: 2026年2月28日 狀態 ...

Core Viewpoint - The company reported a significant decrease in revenue for the six months ending December 31, 2025, with a total of approximately HKD 21.95 million, representing a year-on-year decline of about 56.29% [1] Financial Performance - The loss attributable to the company's owners was HKD 3.548 million, which is a reduction of 69.32% compared to the previous year [1] - The loss per share was HKD 0.58 [1] Cost Management and Restructuring - Improved cost control and a favorable sales mix contributed to the significant reduction in net loss, highlighting the effectiveness of business restructuring measures and stringent expense management [1] Impairment and Fair Value Adjustments - The reduction in losses was attributed to several factors: - A reversal of impairment losses on receivables amounting to approximately HKD 1.42 million (compared to an impairment loss of about HKD 0.47 million in 2024) [1] - Impairment losses on trade receivables were approximately HKD 0.077 million (compared to HKD 6.15 million in 2024) [1] - Fair value gains on financial assets measured at fair value through profit or loss were approximately HKD 0.5 million (compared to a loss of about HKD 2.92 million in 2024) [1]

Core Viewpoint - Yuan Universe Education (01082) reported a significant decline in revenue for the six months ending December 31, 2025, with a total of approximately HKD 21.95 million, representing a year-on-year decrease of about 56.29% [1] Financial Performance - The company recorded a loss attributable to shareholders of HKD 3.548 million, which is a reduction of 69.32% compared to the previous year [1] - The loss per share is reported at HKD 0.58 [1] Cost Management and Restructuring - Improved cost control and a more favorable sales mix contributed to the significant reduction in net losses, highlighting the effectiveness of business restructuring measures and stringent expense management [1] Impairment and Fair Value Adjustments - The decrease in losses is attributed to several factors: - A reversal of impairment losses on receivables amounting to approximately HKD 1.42 million (compared to an impairment loss of about HKD 0.47 million in 2024) [1] - Impairment losses on trade receivables of approximately HKD 0.077 million (compared to HKD 6.15 million in 2024) [1] - A fair value gain on financial assets measured at fair value through profit or loss of approximately HKD 0.5 million (compared to a loss of about HKD 2.92 million in 2024) [1]

Group 1 - The core viewpoint of the article indicates that Yuan Metaverse Education (01082.HK) reported a significant decline in revenue and incurred a loss for the six months ending December 31, 2025 [1] - The company recorded revenue of approximately HKD 21.95 million, representing a year-on-year decrease of about 56.29% [1] - The loss for the period was approximately HKD 3.85 million, compared to a loss of about HKD 14.04 million in 2024 [1] Group 2 - As of December 31, 2025, the company's current ratio was approximately 1.59, slightly down from 1.61 on June 30, 2025 [1] - The capital debt ratio, defined as total debt divided by total equity plus total debt, was approximately 48.44%, an increase from 45.71% on June 30, 2025 [1] - The board of directors did not recommend the payment of an interim dividend for the six months ending December 31, 2025, consistent with the previous year [1]

Financial Performance - The group recorded revenue of approximately HKD 21,950,000, a decrease of about 56.29% compared to approximately HKD 50,220,000 in the same period of 2024[3] - The group reported a loss of approximately HKD 3,850,000, compared to a loss of approximately HKD 14,040,000 in 2024[3] - Basic and diluted loss per share was HKD 0.58, compared to HKD 1.90 in 2024[5] - The segment performance showed a loss of HKD 3,851,000 for the six months ended December 31, 2025, compared to a loss of HKD 13,864,000 in the same period of 2024, indicating an improvement in performance[22] - The company reported a net loss of HKD 3,851,000 before tax for the six months ended December 31, 2025, which is an improvement from the net loss of HKD 13,864,000 in the previous year[22] - The group recorded a loss attributable to owners of approximately HKD 3,550,000, a significant reduction from HKD 11,570,000 in 2024, with a loss per share of HKD 0.58 compared to HKD 1.90 in 2024[63] Revenue Breakdown - Revenue from virtual reality (VR) and digital entertainment services dropped to HKD 3,412,000 from HKD 32,479,000 in 2024[4] - The private education services segment generated revenue of HKD 17,275,000, while the digital entertainment segment reported a loss of HKD 531,000 for the same period[14] - The total revenue from primary education services, arts courses, and secondary tutoring services for the six months ended December 31, 2025, was approximately HKD 16,720,000, an increase of about 6.36% compared to approximately HKD 15,720,000 for the same period in 2024[37] - Revenue from secondary school tutoring services increased to approximately HKD 90,000, a rise of about 23.29% compared to approximately HKD 73,000 in 2024[58] - Revenue from game product trading decreased significantly to approximately HKD 3,410,000, down about 89.33% from approximately HKD 31,960,000 in 2024[58] - The revenue from the lending business segment was approximately HKD 1,260,000, a decrease of about 6.67% from approximately HKD 1,350,000 in 2024[55] Assets and Liabilities - The group’s total assets decreased to approximately HKD 68,796,000 from HKD 65,958,000 as of June 30, 2025[6] - Total assets as of December 31, 2025, amounted to HKD 90,817,000, compared to HKD 94,035,000 as of December 31, 2024, reflecting a decrease of approximately 3.5%[18] - The company reported a total liability of HKD 45,313,000 as of December 31, 2025, down from HKD 44,678,000 in the previous year, indicating a slight increase in liabilities[18] - The company’s total liabilities increased to HKD 13,903,000 as of December 31, 2025, compared to HKD 9,162,000 as of June 30, 2025, indicating a 51% increase[32] - The company’s loans receivable stood at HKD 26,617,000 as of December 31, 2025, with a provision for impairment of HKD 11,120,000, resulting in a net amount of HKD 15,497,000[29] Employee Costs - The group’s employee costs decreased to approximately HKD 13,257,000 from HKD 14,547,000 in 2024[4] - The company’s total employee costs for the six months ended December 31, 2025, were HKD 13,257,000, a decrease from HKD 14,547,000 in the same period of 2024, reflecting a reduction of approximately 8.8%[22] - Employee costs decreased from approximately HKD 14,550,000 in 2024 to about HKD 13,260,000, primarily due to cost efficiencies achieved through business optimization[57] Dividends and Shareholder Returns - The group did not recommend the payment of an interim dividend for the six months ended December 31, 2025[2] - The board decided not to declare any interim dividend for the period, consistent with 2024[70] Financial Management and Strategy - The company implemented stricter credit approval procedures for downstream distributors, which impacted short-term revenue but aimed to reduce accounts receivable recovery risks and potential bad debt exposure[38] - The company expects that the tightened credit measures will strengthen financial stability and support sustainable business growth in the long term[38] - The group has established a comprehensive liquidity risk management system to manage its short-term, medium-term, and long-term funding needs[67] - The group has no foreign exchange risk as its income and expenses are primarily denominated in HKD, thus no hedging arrangements are in place[68] Other Financial Information - The company recognized additional impairment losses of approximately HKD 1,040,000 during the period, compared to approximately HKD 9,710,000 for the six months ended June 30, 2025[45] - The total loan balance as of December 31, 2025, was approximately HKD 25,592,000, with secured loans accounting for 19.54% and unsecured loans for 80.46%[44] - The five largest receivables accounted for approximately HKD 24,290,000, or 91.25% of total receivables, with about HKD 7,210,000, or 27.08%, coming from the largest customer[44] Corporate Governance and Compliance - The company has complied with all provisions of the corporate governance code during the reporting period, except for certain deviations related to the CEO and Chairman positions being vacant since November 2017 and December 2017 respectively[80] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[76] - There are ongoing legal proceedings involving the company, but it is considered too early to assess the potential outcomes or financial impacts[85] - No significant events affecting the company have occurred since the end of the reporting period[86]

Group 1 - The company, Yuan Metaverse Education (01082.HK), announced that it will hold a board meeting on February 27, 2026, to approve its unaudited interim results for the six months ending December 31, 2025 [1] - The meeting will also consider the declaration of an interim dividend, if any [1]

（股份代號：1082) 董事會會議召開日期 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 Bradaverse Education (Int'l) Investments Group Limited 源宇宙教育（國際）投資集團有限公司 （於開曼群島註冊成立及於百慕達存續之有限公司） 葉啟邦 香港，2026年2月6日 於本公告日期，執行董事為葉啟邦先生及李銘謙先生；及獨立非執行董事為阮駿暉先生、匡嘉琦先 生及梁麗欣女士。 源宇宙教育（國際）投資集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公司將於 2026年2月27日（星期五）舉行董事會會議，藉以（其中包括）批准本公司及其附屬公司截至2025年12月 31日止六個月之未經審核中期業績及其發佈，以及考慮派付中期股息（如有）。 承董事會命 源宇宙教育（國際）投資集團有限公司 執行董事 ...