Group 1 - The company announced the resignation of Zou Kang as an executive director effective from August 10, 2025, due to his commitment to other work and personal matters [1] - Xiao Xiaobing has been appointed as an executive director, effective from August 10, 2025 [1] - Lei Yingran resigned as co-company secretary to devote more time to personal matters, effective from August 10, 2025 [1] Group 2 - Zhang Zhifeng will no longer serve as the CEO effective from August 10, 2025, but will continue as the chairman of the board and an executive director [1] - Executive director Zhang Yude has been appointed as the new CEO effective from August 10, 2025 [1]

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。 China Science and Education Industry Group Limited 中國科教產業集團有限公司 （前稱為「 China Vocational Education Holdings Limited 中國職業教育控股有限公司」） （於開曼群島註冊成立的有限公司） （股份代號：1756） 有關訂立2025年建築服務框架協議的 持續關連交易 2025年建築服務框架協議 於2025年8月10日，本公司與華立建築訂立2025年建築服務框架協議，內容有關為本 集團在中國的校區以及位於江門及增城的校區之綜合教學樓及╱或宿舍提供建築及裝 修服務，期限自生效日期起計至2028年8月31日止（包括首尾兩日），並就持續關連交 易設定截至2028年8月31日止三個財政年度的年度上限。 上市規則的涵義 於本公告日期，華立建築由張先生及張先生的兄弟張智帆先生分別直接擁有99.97%及 0.03%。因此 ...

China Science and Education Industry Group Limited 中國科教產業集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1756） 董事名單與其角色和職能 張智峰先生 （董事會主席） 葉雅明先生 張裕德先生 肖小兵先生 獨立非執行董事 趙麗娟女士MH JP 楊英先生 丁義先生 董事會設立三個委員會。下表提供各董事會成員在這些委員會中所擔任的職位： | | 董事委員會 | 審核委員會 | | 提名委員會 | | 薪酬委員會 | | --- | --- | --- | --- | --- | --- | --- | | 董 事 | | | | | | | | 張智峰先生 | | – | 主 | 席 | | – | | 葉雅明先生 | | – | | – | 成 | 員 | | 趙麗娟女士MH JP | 主 | 席 | 成 | 員 | | – | | 楊英先生 | 成 | 員 | 成 | 員 | 主 | 席 | | 丁義先生 | 成 | 員 | | – | 成 | 員 | 香港，2025年8月10日 中 國 科 教 產 業 集 團 有 限 公 司 的 董 事 會 ...

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。 China Science and Education Industry Group Limited 中國科教產業集團有限公司 （前稱「 China Vocational Education Holdings Limited 中國職業教育控股有限公司」） （於開曼群島註冊成立的有限公司） （股份代號：1756） (1) 執行董事辭任； (2) 委任執行董事； (3) 聯席公司秘書辭任；及 (4) 首席執行官變更 執行董事辭任 中國科教產業集團有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事（「董 事」）會（「董事會」）宣佈，鄒康先生（「鄒先生」）為投入時間於其他工作及個人事務而辭 任執行董事一職，自2025年8月10日起生效。 鄒先生已向董事會確認，彼與董事會並無意見分歧，且並無有關彼辭任的其他事項須提 請本公司股東垂注。 董事會謹此衷心感謝鄒先生於任期內對董事會及本公司作出的貢獻。 委任執行 ...

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 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國科教產業集團有限公司 呈交日期: 2025年8月4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) | 01756 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.0001 USD | | 200,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 2,000,000,000 | USD | | 0.0001 USD | | 200,000 | 本月底法定/註冊股本總額： USD 200,00 ...

Revenue and Profitability - For the six months ended February 28, 2025, the Group's revenue was approximately RMB720.9 million, representing an increase of approximately 12.6% year-on-year from approximately RMB640.1 million for the corresponding period of last year[17]. - Profit for the period was RMB234.3 million, reflecting a 6.6% increase from RMB219.9 million in the prior year[14]. - Adjusted net profit for the period was RMB240.98 million, an increase of 5.4% from RMB228.69 million[14]. - Earnings per share increased to RMB0.195, up 6.6% from RMB0.183[14]. - Total revenue for the six months ended February 28, 2025, increased by 12.6% to RMB720,861,000 compared to RMB640,111,000 for the same period in 2024[77]. - The increase in total revenue was primarily driven by a rise in student enrollment and average tuition fees[78]. - Total comprehensive income for the six months ended February 28, 2025, was RMB236,265,000, an increase of 7.3% compared to RMB219,908,000 for the same period in 2024[159]. Student Enrollment - Student enrollment increased to 56,056, up by 1,979 students or 3.7% compared to 54,077 students in the previous year[14]. - The Group maintained the number of schools at 3, with no change from the previous year[14]. - Huali College had 25,353 students enrolled, a slight increase of 0.7% from 25,183 students in the previous year[71]. - Huali Vocational College saw a significant enrollment increase of 18.0%, growing from 21,331 to 25,171 students[71]. - Huali Technician College experienced a decline in enrollment by 26.9%, dropping from 7,563 to 5,532 students[71]. - The Guangzhou campus of Huali College saw a notable decline in enrollment by 10.0%, from 21,092 to 18,987 students[71]. - The Jiangmen campus of Huali College experienced a substantial increase in enrollment by 55.6%, rising from 4,091 to 6,366 students[71]. - Huali Vocational College's Guangzhou campus enrollment increased by 18.9%, from 13,146 to 15,630 students[71]. Expenses and Costs - Cost of sales increased by approximately 23.3% year-on-year to approximately RMB364.2 million, up from approximately RMB295.3 million[18]. - Selling expenses rose by approximately 33.0% to approximately RMB17.9 million, attributed to increased marketing expenses for the 2024/2025 academic year[20]. - Administrative expenses increased by approximately 39.4% to approximately RMB81.8 million, up from RMB58.7 million in the previous year[21]. - The Group's cost of sales for the same period was approximately RMB364.2 million, representing a year-on-year increase of approximately 23.3% from approximately RMB295.3 million[23]. - The Group's administrative expenses increased by approximately 39.4% to approximately RMB81.8 million for the six months ended February 28, 2025, from approximately RMB58.7 million for the same period last year[26]. Financial Position - As of February 28, 2025, the Group's property, plant, and equipment amounted to approximately RMB5,057.9 million, an increase of about 3.0% from approximately RMB4,909.9 million as of August 31, 2024[39]. - Total assets decreased to RMB7,182,630,000 as of February 28, 2025, from RMB7,500,780,000 as of August 31, 2024, representing a decline of 4.2%[162]. - Total equity increased to RMB4,050,356,000 as of February 28, 2025, compared to RMB3,818,054,000 as of August 31, 2024, reflecting a growth of 6.1%[162]. - Current liabilities decreased significantly to RMB1,204,089,000 as of February 28, 2025, down from RMB1,647,116,000 as of August 31, 2024, a decrease of 26.9%[163]. - The Group's current liabilities exceeded its current assets by RMB734,618,000 as of February 28, 2025[174]. Cash Flow and Financing - Cash generated from operations for the six months ended February 28, 2025, was RMB96,551,000, an increase of 36.5% compared to RMB70,740,000 for the same period in 2024[167]. - Net cash generated from operating activities was RMB48,694,000, a significant recovery from a net cash used of RMB25,008,000 in the prior year[167]. - Cash and cash equivalents decreased to RMB395,654,000 as of February 28, 2025, from RMB840,875,000 as of August 31, 2024, a decline of 53.0%[162]. - The Group had significant capital commitments of RMB314,893,000 expected to be incurred within the coming twelve months for property, plant, and equipment[174]. - Interest paid decreased to RMB30,732,000 from RMB76,653,000 in the previous year, indicating improved financial management[167]. Corporate Governance and Compliance - The Company complied with all code provisions set out in the Corporate Governance Code during the reporting period, except for the separation of roles between the chairman and CEO[99]. - The Company has adopted a Model Code to regulate securities transactions, with all Directors confirming compliance throughout the reporting period[106]. - The audit committee consists of three independent non-executive directors, responsible for reviewing the integrity and accuracy of the financial information[113]. - The Board believes that good corporate governance is essential for enhancing confidence among shareholders, potential investors, and business partners[103]. Future Plans and Strategic Initiatives - The Group aims to expand campus capacity and improve teaching services to sustain growth in student enrollment[85]. - The Group plans to explore diversified non-formal vocational education to achieve sustainable long-term development[86]. - The company has established a wholly-owned subsidiary in California to expand its education operations overseas, indicating a strategic move towards international market expansion[154]. - The company is committed to meeting the Qualification Requirement for foreign investments in higher education, which includes compliance with local regulations[156].

5月18日，教育部职业教育发展中心主任林宇在2025职业教育海上对话创享会上表示，中国职业教育正 呈现"六大趋势"——重心持续上移、职普融通、产教融合、数字化、国际化和"新双高"。 四是数字化。数字化是当下的风口，也是教育高质量发展的机遇。数字技术发展极大地改变了生产生活 方式、知识供给模式、科研创新范式，进而重塑了思维方式和观念。职业教育数字化起步并不晚，理念 也不落后。对于职业教育而言，数字技术发展已经从"可用"转为"好用"的范围。 五是国际化。职业教育国际化是实现真正用中国方案在境外培养当地学生。这不是职业教育自身刻意追 求的目标，而是职业教育服务企业的结果。在共建"一带一路"倡议背景下，职业学校以服务企业为出发 点，伴随企业"走出去"。教随产出、校企合作是职业教育国际化的基本逻辑，也是很明显的特征。 六是"新双高"。"新双高"即"中国特色高水平高职学校和专业建设计划"，追求的是人才培养高质量、办 学能力高水平。 在林宇看来，未来中国职业教育发展要提升教育的适配性，要与经济社会发展适配，与人的全面发展适 配，与大国外交的需要适配。同时，要增强"硬实力"，在基本办学条件上完成职业学校达标建设工程， 在教学 ...

Financial Performance - For the six months ended February 28, 2025, the company reported revenue of approximately RMB 720.9 million, an increase of 12.6% compared to RMB 640.1 million for the same period in 2024[4] - Gross profit for the six months ended February 28, 2025, was approximately RMB 356.7 million, up 3.4% from RMB 344.8 million in the prior year, with a gross margin of 49.5%[6] - The company recorded a pre-tax profit of approximately RMB 248.0 million, an increase of 3.1% from RMB 240.6 million in the previous year[13] - Adjusted net profit for the period was approximately RMB 240.98 million, reflecting a 5.4% increase from RMB 228.69 million in the previous year[3] - Net profit for the period reached RMB 234,312,000, an increase from RMB 219,908,000, reflecting a growth of approximately 6.5%[52] - Basic and diluted earnings per share were RMB 0.195, up from RMB 0.183, indicating improved earnings for shareholders[52] Student Enrollment and Tuition - The number of enrolled students increased to 56,056, representing a growth of 3.7% from 54,077 students in the previous year[3] - Tuition fees accounted for approximately 89.6% of total revenue for the six months ended February 28, 2025[29] - The number of students enrolled increased, contributing to revenue growth, with total student numbers reaching 56,056, a 3.7% increase from 54,077 in the previous year[28] - The average tuition fee for Huazhi College remained stable at RMB 30,800-37,800 for the 2024/2025 academic year, consistent with the previous year[34] - The revenue from Huazhi Vocational College's tuition fees rose by 29.3% to RMB 208.3 million, up from RMB 161.1 million[30] - The revenue from Huazhi Technician College's tuition fees decreased by 15.2% to RMB 36.5 million, down from RMB 43.0 million[30] Operating Costs and Expenses - The company's operating profit margin decreased to 39.7% from 44.9% year-on-year, reflecting increased sales costs[3] - Total sales costs rose to approximately RMB 364.2 million, a significant increase of 23.3% from RMB 295.3 million in the previous year[5] - Employee benefits expenses rose to RMB 229,445,000, up 38.3% from RMB 165,849,000 in the previous year[78] - Total financial expenses decreased to RMB 38,369,000 from RMB 46,994,000, a reduction of 18.0%[80] - Depreciation of property, plant, and equipment increased to RMB 101,577,000 from RMB 82,523,000, reflecting a 23.1% rise[78] Assets and Liabilities - Total assets as of February 28, 2025, amounted to RMB 7,182,630,000, a decrease from RMB 7,500,780,000 as of August 31, 2024, reflecting a decline of approximately 4.24%[53] - Total equity increased to RMB 4,050,356,000 as of February 28, 2025, compared to RMB 3,818,054,000 as of August 31, 2024, representing a growth of about 6.07%[53] - Total liabilities decreased to RMB 3,132,274,000 as of February 28, 2025, down from RMB 3,682,726,000 as of August 31, 2024, indicating a reduction of approximately 15%[54] - The company's total borrowings as of February 28, 2025, were RMB 1,963,909,000, with RMB 132,380,000 due within the next twelve months[57] - Cash and cash equivalents decreased significantly to RMB 395,654,000 as of February 28, 2025, from RMB 840,875,000 as of August 31, 2024, a decline of about 53%[53] Future Outlook and Strategic Initiatives - The company plans to focus on optimizing subject planning and professional integration to align with industry needs, enhancing the quality of education[40] - The company aims to expand campus capacity and improve teaching service quality to increase student enrollment[40] - The company plans to expand its market presence in Southern China, targeting a 25% increase in new student enrollments by the end of 2025[100] - New product offerings in vocational training programs are expected to launch in Q3 2025, aiming to capture an additional 5% market share[100] - The company is investing RMB 50 million in technology development to enhance online learning platforms over the next year[100] - Future guidance indicates a projected revenue growth of 20% for the fiscal year 2025[100] Compliance and Governance - The company has adhered to all corporate governance code provisions during the reporting period, ensuring compliance and transparency[46] - The audit committee, composed of three independent non-executive directors, reviewed the unaudited interim consolidated financial statements[50] - The board decided not to declare any interim dividend for the six months ended February 28, 2025, consistent with the previous year[45] Risk Management - The group has not experienced any changes in risk management policies during the six months ended February 28, 2025[67] - The group maintains a sufficient level of cash and cash equivalents to manage liquidity risk, anticipating future cash flow needs to be met through internal cash generation and borrowings[68] - The company has not recognized any significant loss provisions for trade and other receivables, indicating a low expected credit risk[92]

Overview - The vocational education and training industry in China is experiencing significant growth due to the transition from a manufacturing-based economy to a service-oriented economy driven by technology and services, leading to a high demand for skilled talent [1][8] - The market size of the vocational education and training industry is projected to reach 594.6 billion yuan in 2024, with employee technical training accounting for approximately 34.2%, application-oriented vocational education for college students at 26.8%, higher vocational education at 21.9%, and secondary vocational education at 17.2% [1][8] Market Policies - The Chinese government has implemented a series of policies to support the development of the vocational education and training industry, creating a favorable policy environment [3] - Key policies include the "Implementation Plan for the Integration of Industry and Education in Vocational Education (2023-2025)" and various initiatives aimed at enhancing the quality of education and aligning it with market needs [3][5] Industry Chain - The upstream of the vocational education and training industry includes teaching venues, educational equipment, faculty, and educational software, while the downstream consists of individual and corporate clients [6] - Corporations are significant demanders of vocational training, seeking to enhance employee skills and professional qualities to meet market competition [6] Competitive Landscape - The vocational education training market in China is fragmented, with numerous participants including both degree-granting institutions and non-degree vocational training providers [10][15] - Major players in the non-degree vocational education sector include Fenbi, Zhonggong Education, and Angli Education, with Fenbi leading in revenue generation [16][19] Development Trends - The industry is expected to see continued policy support, promoting the integration of vocational education with general education and enhancing cooperation between schools and enterprises [23] - There will be a closer connection between vocational education and industry needs, fostering a collaborative development model that involves enterprises in curriculum design and training programs [23]

Financial Performance - For the year ended August 31, 2024, the Group's revenue amounted to approximately RMB 1,268.5 million, representing an increase of approximately 17.1% from RMB 1,083.3 million for the corresponding period last year[22]. - The Group's gross profit for the year was RMB 666.3 million, reflecting a growth of 6.68% compared to RMB 624.6 million in the prior year[16]. - Profit for the period reached RMB 451.1 million, an increase of 14.77% from RMB 393.0 million in the previous year[16]. - Adjusted net profit was RMB 443.8 million, which is a 9.54% increase from RMB 405.1 million in the prior year[16]. - Earnings per share rose to RMB 0.376, representing a 14.63% increase from RMB 0.328 in the previous year[16]. - The gross profit margin decreased to 52.5% from 57.7%, a decline of 5.2 percentage points[16]. - The operating profit ratio slightly decreased to 45.2% from 45.8%[16]. - The net profit ratio also saw a minor decline to 35.6% from 36.3%[16]. - The Group's cost of sales amounted to approximately RMB602.2 million, increased by approximately 31.3% year-on-year from approximately RMB458.7 million for the year ended August 31, 2023[117]. - Profit before taxation was approximately RMB487.6 million, representing an increase of approximately 22.4% year-on-year from approximately RMB398.2 million for the year ended August 31, 2023[136]. - Taxation recorded was approximately RMB36.5 million, representing an increase of approximately 605.5% year-on-year from approximately RMB5.2 million for the year ended August 31, 2023[137]. - The Group's finance expenses were approximately RMB89.8 million, representing a decrease of approximately 13.2% year-on-year compared to approximately RMB103.5 million for the year ended August 31, 2023[135]. - The Group's capital expenditures for the year ended August 31, 2024, were approximately RMB523.4 million, representing a decrease of about 8.2% from approximately RMB570.1 million for the year ended August 31, 2023[147]. - As of August 31, 2024, the Group's bank balances and cash amounted to approximately RMB841.4 million, a decrease of approximately 14.8% from approximately RMB987.9 million as of August 31, 2023[148]. - The Group's debt ratio as of August 31, 2024, was 29.8%, down from 33.6% as of August 31, 2023[155]. Enrollment and Student Statistics - The number of students enrolled increased to 54,017, up by 1,277 students or 2.42% from 52,740 students in the previous year[15]. - The Group maintains three schools, with no change in the number of schools compared to the previous year[15]. - As of August 31, 2024, the total student enrollment across the three schools reached 54,017, an increase of 2.42% from 52,740 in the previous year[55]. - Huali College saw a significant enrollment increase of 16.67%, with 25,162 students compared to 21,567 in the previous year[57]. - Huali Technician College experienced a decline in enrollment by 30.33%, with 7,414 students compared to 10,641 in the previous year[57]. - The Jiangmen campus of Huali College reported a remarkable enrollment increase of 274.38%, rising to 4,062 students from 1,085[57]. - Huali Vocational College's enrollment increased by 4.43%, totaling 21,441 students compared to 20,532 in the previous year[57]. - Student enrollment increased to 54,017 in the academic year 2023/2024 from 52,740 in 2022/2023, with average tuition fees per student rising from RMB 19,110 to RMB 21,564[69]. Tuition and Revenue Sources - Tuition fees accounted for approximately 91.8% of the total revenue for the year ended August 31, 2024[63]. - Total tuition fee revenue for Huali College increased by 23.3% from RMB 623.5 million to RMB 768.5 million[66]. - The overall average tuition fee per student rose by 12.8% from RMB 19,110 in 2023 to RMB 21,564 in 2024[69]. - Huali College's average tuition fee per student increased from RMB 28,908 in 2023 to RMB 30,542 in 2024, reflecting a growth of 5.7%[69]. - The boarding fee revenue decreased significantly, with Huali Vocational College's boarding fees dropping by 56.1% from RMB 21,962 to RMB 9,636[66]. - The average boarding fee rates ranged from RMB 600 to RMB 14,000 per academic year depending on various factors[76]. Strategic Initiatives and Future Plans - The Group plans to continuously increase total enrollment by promoting campus construction and enhancing teaching services to improve business profitability[41]. - The integration of industry and education is prioritized, with successful implementation of the "Month of Industry-Education Integration" leading to an increase in collaborative projects[30]. - New majors such as new energy automobile engineering, blockchain engineering, and artificial intelligence have been added to meet the demands of emerging industries[27]. - The Group aims to develop a diversified non-formal vocational education business to achieve sustainable long-term development[41]. - The strategy of "Strengthening Schools with Talents" is being implemented to build a high-quality teaching team, focusing on both talent introduction and training[31]. - The Group emphasizes the importance of employment channels for graduates, actively broadening opportunities through various initiatives[39]. - Future policies will support the development of the education industry, aligning professional settings with industry needs to cultivate skilled talents[40]. - The Group aims to optimize professional structures to align with industry needs and cultivate high-quality skilled talents for local economies[92]. - Future business expansion will focus on developing a second curve of vocational education through an asset-light model and diversified non-formal vocational education[96]. Awards and Recognition - The company received the Vice-President Unit of the Third Council (2023-2028) award from the Guangdong Vocational Capacity Construction Association in September 2023[84]. - In October 2023, the company was recognized as the Zengcheng District High-level Talents Innovation and Entrepreneurship Base by the Organisation Department of Zengcheng District Committee of Guangzhou City[84]. - The company was awarded the Best Innovation and Practice University for High Quality Employment in 2023 by Jiuyeqiao.cn in November 2023[84]. - In December 2023, the company received the Outstanding Organisation Award for the Greater Bay Area e-Sports Competition from the Culture, Tourism, Radio and Television Bureau[86]. - The company was recognized as the Advanced Unit of Vocational Capacity Construction in Guangdong Province in 2023 by the Guangdong Vocational Capacity Construction Association in January 2024[86]. - The company was awarded the Executive Director Unit of Industry-Education Integration by the Standing Secretariat of the Industry-Education Integration Community of Creative Design Industry in April 2024[88]. - The company received the Advanced Unit award for the 24th "Contemporary Cup" National Preschool Teachers' Vocational Skills Competition in June 2024[89]. - The company was recognized as a council member of the Guangdong Higher Education Association's seventh council in July 2024[90]. Management and Governance - The Board consists of seven Directors, including four executive Directors and three independent non-executive Directors[165]. - Mr. Zhang Zhifeng, the founder and CEO, has been recognized for his contributions to education, receiving multiple awards including the "Special Contribution Award for Private Education" in April 2019[171]. - Mr. Ye Yaming, former CEO, has been acknowledged as an "Outstanding Educator of Vocational Training" in Guangdong Province in September 1994[177]. - Mr. Zhang Yude, appointed as COO on November 19, 2021, is responsible for the overall operation of the Group[180]. - Mr. Zou Kang, appointed as an executive Director on November 19, 2021, oversees the vocational training business and daily operations of Huali Technician College[182]. - The Group has a strategic focus on vocational education and training, leveraging its established institutions for market expansion[178]. - The Group's management team has extensive experience in education and vocational training, enhancing its operational capabilities[183]. - The company has a strong focus on compliance and corporate governance, with independent directors providing oversight and independent opinions to the Board[189]. - The company emphasizes the importance of vocational education, with directors having extensive experience in education management and training[186]. - The management team includes professionals with significant experience in finance, education, and corporate governance, ensuring informed decision-making[200]. Regulatory Environment - The regulatory framework for private education has been updated, allowing schools to choose between non-profit and for-profit classifications[98]. - The Group intends to register its three schools as for-profit private schools, pending local regulations[107]. - There are uncertainties regarding the impact of the Amendment on business operations, particularly concerning tax treatments for different school classifications[108].