Core Points - YuHua Education (06169) announced the resignation of Qiu Hongjun as an executive director, effective from October 17, 2025, due to his intention to devote more time to other public duties [1] - Ren Yandan has been appointed as an executive director, also effective from October 17, 2025 [1]

Core Viewpoint - Yuhua Education (06169.HK) announced the resignation of executive director Qiu Hongjun, effective from October 17, 2025, due to his intention to devote more time to other public duties [1] Company Summary - Qiu Hongjun will step down as executive director of Yuhua Education [1] - The resignation is set to take effect in two years, indicating a planned transition [1]

中国宇华教育集團有限公司（「本公司」）董事會（「董事會」）的成員載列如下。 執行董事 李光宇先生 （主席） 李花女士 （副主席） 任豔丹女士 獨立非執行董事 陳磊先生 張志學先生 范楠楠女士 CHINA YUHUA EDUCATION CORPORATION LIMITED 中國宇華教育集團有限公司 （於開曼群島註冊成立的有限責任公司） （股份代號：6169） 董事名單及董事的職責與職能 | | 董事委員會 | 審核 | 薪酬 | 提名 | | --- | --- | --- | --- | --- | | 董事 | | 委員會 | 委員會 | 委員會 | | 李光宇先生 | | | | C | | 李花女士 | | | M | | | 任豔丹女士 | | | | | | 陳磊先生 | | C | | | | 張志學先生 | | M | C | M | | 范楠楠女士 | | M | M | M | 附註： C： 相關董事委員會的主席 M： 相關董事委員會的成員 香港，2025年10月17日 董事會下設三個董事委員會。下表列示本公司各董事所在委員會的成員資料。 ...

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分內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 CHINA YUHUA EDUCATION CORPORATION LIMITED 中國宇華教育集團有限公司 （於開曼群島註冊成立的有限責任公司） （股份代號：6169） 執行董事的變動 中国宇华教育集團有限公司（「本公司」，連同其附屬公司及併表附屬實體，統 稱「本集團」）董事（「董事」）會（「董事會」）謹此宣佈董事會出現以下變動。 執行董事辭任 董事會謹此宣佈，邱紅軍女士（「邱女士」）因有意投入更多時間處理其他公務， 已提呈辭任執行董事，自2025年10月17日起生效。邱女士已確認，彼與董事會 並無任何意見分歧，亦無其他與其辭任有關的事宜需提請本公司股東（「股東」） 或香港聯合交易所有限公司（「聯交所」）垂注。 董事會謹藉此機會對邱女士於任內曾對本公司作出的寶貴貢獻由衷致謝。 委任執行董事 董事會欣然宣佈，任豔丹女士（「任女士」）已獲委任為執行董事，自2025年10月 17日起生效。 – 1 – 任女 ...

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: 中国宇华教育集团有限公司 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) | 06169 | 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 (-) | | | | | | | HKD | | | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.00001 | HKD | | 500,000 | 本月底法定 ...

Group 1 - The core viewpoint of the article highlights a collective rise in Hong Kong education stocks on September 29, with notable increases in share prices for several companies [1] Group 2 - China Oriental Education (00667.HK) saw a rise of 6.64%, reaching HKD 7.39 [1] - New Higher Education Group (02001.HK) increased by 5.98%, trading at HKD 1.24 [1] - Yuhua Education (06169.HK) experienced a 3.28% rise, with shares priced at HKD 0.63 [1] - China Education Group Holdings (00839.HK) rose by 1.88%, with a share price of HKD 3.25 [1]

该行指出，营利性的学校有利于上市公司分红，分配利润缓解债务。虽然营利性登记需完成土地、房产 等资产过户及补缴税费，短期增加成本，但长期将实现资产市场化重估。目前上市公司仅有宇华获批， 短期有助情绪估值修复，若后续有其他上市公司推进，或构成板块长期价值重估。 消息面上，宇华教育集团旗下湖南涉外经济学院转营利近日获批，同意该校开展营利性民办学校分类登 记。国元国际发布研报称，湖南涉外经济学院转营成功对发展中省份具有较强示范作用。湖南省地方教 育行政部门在民办高校转营事务中更积极作为，增强了其他民办学校的转营意愿。2025年湖南已批3所 转营（含涉外），为同类省份提供了可参考的路径，表明政策在执行层面已出现积极信号。 智通财经APP获悉，教育股集体走高，截至发稿，中国东方教育(00667)涨6.64%，报7.39港元；新高教 集团(02001)涨5.98%，报1.24港元；宇华教育(06169)涨3.28%，报0.63港元；中教控股(00839)涨1.88%， 报3.25港元。 ...

Core Viewpoint - Education stocks have collectively risen, driven by the approval of profit-oriented operations for Hunan University of Foreign Economics, which is expected to have a positive impact on the sector and encourage other private institutions to follow suit [1] Group 1: Stock Performance - China Oriental Education (00667) increased by 6.64%, trading at 7.39 HKD - New Higher Education Group (02001) rose by 5.98%, trading at 1.24 HKD - Yuhua Education (06169) gained 3.28%, trading at 0.63 HKD - Zhongjiao Holdings (00839) saw an increase of 1.88%, trading at 3.25 HKD [1] Group 2: Regulatory Developments - Hunan University of Foreign Economics has received approval to operate as a profit-oriented private school, marking a significant regulatory milestone - The successful transition of Hunan University of Foreign Economics is expected to serve as a strong model for development in other provinces [1] Group 3: Market Implications - The approval of profit-oriented schools is beneficial for listed companies, as it enhances dividend distribution and alleviates debt pressures - Although the transition involves short-term costs related to asset transfers and tax payments, it is anticipated to lead to long-term market revaluation of assets - Currently, only Yuhua Education has received approval, but if other listed companies pursue similar transitions, it could lead to a long-term reassessment of the sector's value [1]

Core Viewpoint - The stock price of China Education Group (00839) has dropped over 8%, currently at HKD 3.33, with a trading volume of HKD 184 million, following a recent rise attributed to the approval of a peer, Yuhua Education (06169), to transform its schools into profit-making institutions [1] Group 1: Company Performance - China Education Group's stock price fell by 8.01% as of the latest report [1] - The trading volume reached HKD 184 million, indicating significant market activity [1] Group 2: Industry Insights - HSBC's report suggests that the recent rise in stock price was influenced by Yuhua Education's approval for school transformation, which may indicate a faster approval process for profit-making school transformations in the industry [1] - The approval process for such transformations is complex and time-consuming, involving multiple departments, and progress may vary by region [1] - Despite the optimistic outlook for Yuhua Education, China Education Group has not made substantial progress in its own school transformations [1] Group 3: Financial Outlook - HSBC maintains a "Hold" rating for China Education Group, raising the target price from HKD 2.75 to HKD 3.5, reflecting a belief that the stock's valuation remains low enough to prevent further declines [1] - Short-term profit margins are under pressure, and revenue growth may slow down, compounded by a suspension of dividends, which could limit further stock price increases [1]

Group 1: Industry Investment Rating - The report maintains a positive outlook on the overseas education sector, indicating a favorable investment rating due to the maturation of profit-oriented classification management and market reforms driving the expansion of higher education institutions [1][2]. Group 2: Core Insights - The conditions for profit-oriented classification management in private education are gradually maturing, with quality improvement in private schools being a crucial prerequisite for this transition. The report anticipates an acceleration in the implementation of profit-oriented policies for private schools, which will enhance the supply of higher education while ensuring quality [1][9]. - The establishment of profit distribution rights for private schools has led to increased certainty in asset returns. The average profit margin for the six listed private higher education companies is approximately 30.9%, with an average ROE of 12%. This indicates a robust commercial model that seeks to expand scale and revenue [2][10]. - The report highlights a significant mismatch between supply and demand in the higher education sector, with the number of college admissions only increasing from 10.36 million in 2021 to 10.69 million in 2024, while the number of high school graduates entering the college entrance examination has risen from 10.78 million in 2021 to 13.42 million in 2024. This has resulted in a declining college admission rate from 96.1% in 2021 to 79.6% in 2024 [2][10]. - The report suggests that the current quality standards achieved by listed private higher education companies will lay a solid foundation for the reintroduction of profit-oriented choices, which is expected to enhance the valuation of the higher education sector [2][11]. Group 3: Company Focus - The report recommends focusing on several key companies in the overseas education sector, including Yuhua Education, Zhongjiao Holdings, China Kepei, Neusoft Ruixin, Zhonghui Group, New Higher Education, Xijiao International Holdings, and Huaxia Holdings, as they are well-positioned to benefit from the anticipated policy changes [3][11][14].