嘉宏教育2025中期报告

JH Educational Technology INC. 245192527293133 Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 2701 288212106 Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 183171712–1716 1–2 1519 1 Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands www.jheduchina.com 1935 42 –5–1–1–1–2–13–4335 401864 594 171+X 2711 86 5132 •5•6•2•3•9•4 •200 •20 13 (i)(ii)(iii)(iv)(v)99.9%77.7% 1. •20,000 2. • 3. •California SchoolCalifornia School • 4. • 140 1 23 118 4.675.0716.1135.0 9165459 517.43%534.6 170.235.7205.8 347.25%328.7 40.25.235.0 2.60.52.1 42.59.652.1 1.10.71.8 0.9 306.810% 0.21.5 305.3341.010% 237.811% 1,052.21,378.9326.7514.3953.8 642.51,596.2953.8(i)303.1(ii)532.5(iii)748.8(iv)598 598 14%598 641.384.0 3,0922,419163.8 (i) (ii) (i)(ii)10%(iii)(iv)(v)(vi)(vii) (i)(ii) California School C1 C.2.1 C3 524461(i)(ii)415 13.51B(1) XVXV78352 1.50,000,000 XV352 XV23336 1.Guo’s Investment Holdings LimitedGuo’s Investment Holdings Limited2.3.Shu’s Investment Holdings LimitedShu’s Investment Holdings Limited4.5.Feng’s Investment Holdings LimitedFeng’s Investment Holdings Limited6.Chun’s Investment Holdings LimitedChun’s Investment Holdings Limited 7.8.ZXL Investment Holdings LimitedZXL Investment Holdings Limited9.10.Cao’s Investment Holdings LimitedCao’s Investment Holdings Limited11.12.1,600,830,000 18 17160,000,000 1. Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands 2.1 34 2.2 21 21 3. 8 99% 10% 4. 4. 5. 6. 16.5% Jheduaus Pty LtdTwinklem New St Pty Ltd Twinklem Murray St Pty LtdTwinkle Minds Early Learning Pty Ltd30% Jhedunz Pty LimitedJH Early Learning Pty Limited28% 6. <> 25% 25% 6. 25%25% 7. 8. 237,806,000267,523,0001,600,830,0001,600,830,000 8. 9. 532,684,00032,443,000525,805,0003,450,000 481,00098,000481,00038,0005 10. 11. 12. 13. 14. 15. (a) 55,000,0003.1%5,000,00035,500,00030,000,00010,500,000 Guo’s Investment Holdings Limited 14A (b) 25,000,000407,000 90,00040,000 15. (c) 16. 17.