The Board of China YuHua Education Corporation Limited announced that the Company is unable to publish the 2022 Annual Results on 30 November 2022 as the auditor of the Company is not currently in a position to ascertain whether the Company has sufficient financial resources offshore to redeem in full the convertible bonds issued by the Company in December 2022. The Company is working closely with the Auditor and will keep the Auditor updated on the progress of discussion with the bond holders. Based on the information currently available to the Company, the Board estimates that the 2022 Annual Results will be published on or around 27 December 2022.

The Company will make further announcement(s) to inform the shareholders of the Company and potential investors relating to the publication of the 2022 Annual Results as and when appropriate.