Greek Education International Holdings (01765) plans to sell 100% of the shares in Sichuan Yonghe Education Investment and its subsidiary entities

According to Zhitong Finance App, Xi Jiao International Holdings (01765) issued an announcement. On July 31, 2026, the buyer Qizhi Guoxin (Sichuan) Education Technology, the seller Sichuan Hope Education Industry Group, and the target company Sichuan Yonghe Education Investment entered into an equity transfer agreement with the buyer's guarantor. The seller conditionally agreed to the transfer and the buyer conditionally agreed to acquire 100% of the target company's shares and subsidiary entities. The seller will collect the share price and net shareholders' debt for the sale, totaling RMB 396 million, of which the equity price is RMB 377 million and the net shareholders' debt is RMB 18.52 million, but adjustments can be made according to the terms and conditions of the share transfer agreement. The buyer's guarantor agreed to provide an irrevocable joint and several liability guarantee for the obligations and liabilities of the buyer and target subject under the equity transfer agreement.

The company's strategic transformation shifts from pursuing the scale and quantity of schools to running high quality schools, concentrating resources to improve quality and excellence; and responding to the country's policy orientation to encourage multi-level social capital to run schools, and return funds to support the company's sustainable development.