Core Viewpoint - Xi Education International Holdings (01765.HK) has announced a conditional equity transfer agreement, where the buyer, Xi'an Dianzheng Industrial Co., Ltd., will acquire 100% equity of the target company, Xi'an Benosi Education Management Co., Ltd., for a consideration of RMB 10 million [1] Group 1 - The seller, Sichuan Shurui Enterprise Management Service Co., Ltd., is a wholly-owned subsidiary of the company [1] - The target company is primarily engaged in education management and investment in the education sector in China [1] - The sale is expected to help the group raise funds to better allocate financial resources and improve educational conditions to meet the basic operational needs and expansion requirements of existing institutions [1] Group 2 - The transaction will allow the company to recover part of its funds to address operational funding issues and reduce investment burdens [1] - Recent national policies have been introduced to guide the high-quality development of vocational education, which has increased the financial pressure on educational institutions [1]

Group 1 - The company, Xijiao International Holdings, announced a share transfer agreement to sell 100% equity of its subsidiary, Xi'an Changdian Education, for a provisional price of RMB 21.17 million [1] - The buyer, Guilin Shanshui No.1, will also assume shareholder debts of approximately RMB 51.1 million and other debts of about RMB 27.72 million, subject to adjustments as per the agreement [1] - The target company is a limited liability company registered in China, primarily engaged in education management and investment in the education sector [1] Group 2 - The sale is intended to help the company recover some 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 that the sale is in the overall interest of the company and its shareholders [2]