Group 1 - The company Xi'an Changdian Education has entered into a share transfer agreement, where the buyer Guilin Shanshui No.1 will acquire 100% equity of the target company for a provisional price of RMB 21.17 million, along with the assumption of shareholder debts amounting to approximately RMB 51.1 million and other debts of about RMB 27.72 million [1] - The target company is a limited liability company registered in China, primarily engaged in education management and investment in the education sector [1] - The existing facilities and conditions of the target company are insufficient for its operational needs, necessitating additional capital investment [1] Group 2 - The sale is beneficial for the company to recover part of the funds to address debt and operational funding issues [2] - The board believes that the terms of the share transfer agreement are fair and reasonable, and the sale aligns with the overall interests of the company and its shareholders [2]