Leader Education Says RMB 23.12 Million Loans to Quanren Group Fully Repaid

• Leader Education acknowledged failing to obtain independent shareholder approval for loan amendments signed June 1, 2026, citing miscalculated transaction size tests.
• Loans to Quanren Group totaling RMB 23.12 million have been fully settled, according to the October 28, 2026, clarification.
• Co-construction funding reached approximately RMB 258.3 million against a RMB 300 million cap; approximately RMB 20.4 million was advanced following disposal.
• The unsecured co-construction borrowings carry 8% annual interest, with principal repayable in seven annual installments from December 30, 2026, through 2032.
• The RMB 8 million disposal of loss-making Tianjin Quanren capped future funding exposure while preserving contractual rights to the education base.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leader Education Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261028-12386378), on October 28, 2026, and is solely responsible for the information contained therein.