Core Viewpoint - China Spring Education Group (01969) is advancing its integration of technology and education through a dual donation model involving AI and blockchain technology from its U.S. data center, which will also generate profits for the group [1] Group 1: Technology Integration - The donated AI computing power and blockchain technology will empower the group's ongoing AI education strategy, including the deployment of the DeepSeek R1 model for educational platforms [1] - Innovations such as virtual classrooms and personalized learning systems are part of the group's technological advancements [1] Group 2: Financial Implications - Profits generated from the data center will provide stable additional funding for the group, specifically for smart campus upgrades and AI course development [1] - This creates a positive development loop where technology enhances educational experiences while profits reinvest in research and innovation [1] Group 3: Future Outlook - The initiative opens up new possibilities but also presents management challenges, such as effectively integrating overseas technology resources [1] - The group must address potential impacts from cryptocurrency market fluctuations on its revenue [1] - Investors are encouraged to monitor future financial reports for specific disclosures on technology implementation and profit utilization to assess the long-term value of this model [1]

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國春來教育集團有限公司 呈交日期: 2025年10月8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) | 01969 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 50,000,000,000 | | HKD | | 0.00001 HKD | | | 500,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | | 0 | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.00001 HKD | | | 500,000 | 本 ...

Core Viewpoint - The company, China Spring (01969), announced a significant strategic donation from its chairman, Mr. Hou Chunlai, to support the development of artificial intelligence (AI) and blockchain research and education across its schools [1] Group 1: Strategic Donation - Mr. Hou Chunlai has agreed to make a major donation to enhance the capabilities of the group in AI and blockchain technology [1] - The donation includes free access to AI and blockchain technologies developed by a data center owned by the chairman in Washington, USA [1] - The donation aims to ensure that the group's schools remain at the forefront of technological innovation in education [1] Group 2: Data Center and Technological Advancement - The data center is equipped with advanced infrastructure to support high-performance computing needs, focusing on AI-enabled computing and blockchain technology [1] - All profits generated by the data center will be donated to the group to promote technological innovation in the education sector [1] - The integration of the latest AI and blockchain technologies into the educational system will provide students with modern and forward-looking curricula to better prepare them for future challenges [1]

Core Viewpoint - The company, China Spring (01969), announced a significant strategic donation from its chairman, Mr. Hou Chunlai, to support the development of artificial intelligence (AI) and blockchain research and education across its schools [1] Group 1: Donation and Support - Mr. Hou Chunlai has agreed to make a major donation to provide free access to AI and blockchain technologies developed by his data center in Washington, D.C. [1] - The donation will enable the company's schools to utilize cutting-edge AI and blockchain technologies as needed, ensuring the company remains at the forefront of technological innovation [1] - All profits generated by the data center will also be donated to the company to promote technological innovation in the education sector [1] Group 2: Strategic Importance - The board of directors welcomed the chairman's donation, recognizing its strategic significance in maintaining the company's schools at the forefront of scientific and technological advancement [1] - By integrating the latest AI and blockchain technologies into the education system, the schools will be better equipped to provide modern and forward-looking curricula, preparing students for future challenges [1]

Core Insights - The chairman of China Spring (01969.HK) has agreed to make a significant strategic donation to support the development of AI and blockchain research and education across the group's schools [1] - The chairman owns a data center in Washington, USA, equipped with advanced infrastructure aimed at high-performance computing, focusing on enhancing AI-enabled computing and data center capabilities [1] - The donation will allow the group’s schools to access cutting-edge AI and blockchain technologies, ensuring the group remains at the forefront of technological innovation in education [1] Group Summaries - The chairman's donation includes the free provision of AI and blockchain technologies developed by the data center, which will enhance the educational capabilities of the group [1] - All profits generated by the data center will also be donated to the group to promote technological innovation in the education sector [1] - The board welcomes the chairman's donation, recognizing its strategic significance in maintaining the schools' advancement in science and technology [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之內容概不負責，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分內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 中國春來教育集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1969） CHINA CHUNLAI EDUCATION GROUP CO., LTD. 自願性公告 董事會主席捐贈AI及區塊鏈技術 中國春來教育集團有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事會 （「董事會」）欣然自願宣佈，侯春來先生（董事會主席、非執行董事兼本集團創始 人）（「主席」）已同意作出具有戰略意義的重大捐贈，以支持本集團在旗下各校推 動人工智能（「AI」）與區塊鏈研究及教育發展。 1 董事會對主席的捐贈表示歡迎，並認識到此舉對確保本集團旗下學校持續保持在 科學技術領域進步前沿的戰略意義。透過將最新的AI及區塊鏈技術融入教育體 系，學校將能更好地為學生提供現代化及具前瞻性的課程，助其應對未來挑戰。 主席向本集團作出的捐贈並不且將不構成香港聯合交易所有限公司主板證券上市 規則第14章及第14A章項下的任何須 ...

Core Viewpoint - China Spring (01969) experienced a significant stock price increase of over 20%, currently trading at 5.02 HKD with a transaction volume of 161 million HKD, following the launch of its Nanjing campus which enhances its enrollment capacity and regional penetration [1] Group 1: Company Developments - The newly operational Nanjing campus of Suzhou University of Science and Technology has welcomed over 1,300 new students as of September 13 [1] - The Nanjing campus, located in Gaochun District, can accommodate at least 16,000 students, significantly boosting the company's enrollment capabilities [1] - The company is recognized as a leading provider of private higher education in China, operating four schools in Henan Province and two in Hubei Province, along with involvement in Tianping College [1] Group 2: Industry Trends - Recent developments in the transition of private higher education institutions in Hunan to for-profit status are progressing, with expectations for similar advancements across various regions [1] - The company's ongoing efforts to convert its schools to for-profit status are reportedly making steady progress [1]

Group 1 - The core viewpoint of the article highlights the significant stock price increase of China Spring (01969), which surged over 20% and is currently trading at 5.02 HKD with a transaction volume of 1.61 billion HKD [1] - China Spring's newly opened Nanjing campus of Suzhou University of Science and Technology has officially commenced operations, welcoming over 1,300 new students as of September 13 [1] - The Nanjing campus, located in the Gaochun District, has the capacity to accommodate at least 16,000 students, which will notably enhance the company's enrollment capabilities and regional penetration [1] Group 2 - The company is recognized as one of the leading providers of private higher education in China, primarily operating schools in Central China, with four schools in Henan Province and two in Hubei Province [1] - The transition of the company's schools to a for-profit model is progressing steadily, coinciding with recent advancements in the for-profit transformation of private higher education in Hunan Province [1]

Core Viewpoint - The recent opening of the Nanjing campus of Suzhou University of Science and Technology, operated by China Spring (1969.HK), significantly enhances the company's enrollment capacity and regional penetration, accommodating at least 16,000 students [1] Company Summary - The Nanjing campus officially commenced operations on September 13, with over 1,300 new students enrolled in the first batch [1] - The expansion aligns with favorable policies in the private higher education sector, leading to a surge in several education stocks [1] Industry Summary - Hunan International Economics University recently received approval from relevant government authorities to proceed with the classification registration of profit-oriented private schools [1] - This approval may serve as a reference model for other provinces, potentially accelerating the progress of profit-oriented private education initiatives across the country [1] - According to Cinda Securities, the higher education sector is poised for valuation recovery, as the previous stagnation in profit-oriented transitions had suppressed valuations [1] - The approval of Hunan International Economics University, although a step in the profit-oriented transition, represents a significant positive development after three years of stagnation [1] - The private higher education sector, currently trading at a PE ratio of approximately 3 to 6 times, is expected to experience substantial valuation recovery [1]

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8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: 中國春來教育集團有限公司 呈交日期: 2025年9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) | 01969 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 50,000,000,000 | HKD | | 0.00001 | HKD | | 500,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | 50,000,000,000 | HKD | | 0.00001 | HKD | | 500,000 | 本月底法定/註冊股本總額： HKD 50 ...