Zhonggong Education: intends to extend the 400 million yuan loan, with each period extended no more than 1 year.

Zhonggong Education announced that the company plans to extend the 4 billion yuan principal under the "Trust Loan Contract" with Caixin Trust. The extension can be done in batches, with each extension period not exceeding 1 year, and the main terms of the original contract remain unchanged. The Board of Directors of the company has approved the proposal for 2025 and has obtained a comprehensive credit limit of not more than 5 billion yuan. As of the disclosure date of the announcement, the company and its subsidiaries have accumulated a total of 1,371,607.8 million yuan in applications for comprehensive credit, and this extension falls within the limit, does not require a shareholders' meeting for approval, does not constitute a related party transaction or a significant asset restructuring, and is beneficial for easing debt repayment pressure.