DASHAN EDU (09986) applies to the listing review committee for a review of the decision made by the listing committee.

DASHAN EDU (09986) announced that the current board of directors adheres to the responsibility of directors and places the interests of the company and its shareholders first. In order to safeguard the interests of the company and its shareholders, the board of directors has applied to the Listing Committee for a review of the decision in accordance with Chapter 2B of the Listing Rules on June 16, 2026, and hopes to clarify the matter during this process. The decision letter from the Listing Committee requires the company to submit a written statement and reasons for the review within five business days, significantly increasing the difficulty of the review process for the company, and there is no basis in the Listing Rules for this. Rule 2B.08(1) clearly states that the request for review must be delivered to the Secretary of the Listing Review Committee within seven business days of the decision being issued. Rule 2B.08 or any other place in Chapter 2B does not specify that the company must submit its written statement within five business days. For some reason, the decision letter from the Listing Committee has established a requirement that is stricter than what is specified in the Listing Rules. With regard to the significant matter of rapid delisting, an effective written statement must be provided by directors, professional advisers, and legal advisers after careful consideration. This unreasonable requirement lacking explicit authorization in the Listing Rules makes it impossible for the company to prepare an effective statement within the specified time. The company will evaluate whether it is possible to comply with the requirements of the decision letter from the Listing Committee when preparing an appropriate statement to safeguard its own interests. If the company does not have enough time, it will consider applying for an extension from the Listing Review Committee, but there is no guarantee that the extension will be approved.