光正教育2025年报

（ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ）股份代號 :6068 年報 • Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman, KY1-1111Cayman Islands 68 6068 1338 www.wisdomeducationintl.com Conyers Trust Company (Cayman) Limited Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman, KY1-1111Cayman Islands 183171712-1716 200320219 1*20218 3120219 120258 31 20258 312025 2024831202527.7%130.838.3202514.5%34.8 2025 20238 315,000 202511 27 202583120252025 (1) 2025 (2) (3) 20218 31 201812 2953 20238 30 202112 21 20238 30 2025130.82024181.027.7%202538.3202496.460.3% 2025(i)(ii) 2024122.730.2%202585.7 20252024202513.122.6% 2024181.050.227.7%2025130.8 2024108.738.035.0%202570.7 202472.316.8%202560.2202439.9%202546.0% 202425.714.8202510.9 4.7 (i)(ii)(iii)(iv)(v) 202427.0202517.52025 20248.5202510.5 202548.52024110.8 202414.328.7%202510.2 202538.3202496.4 14,732,000202430,164,00010,920,000202425,719,00012 202440.75.914.5%202534.8202422.5%202526.6% 20250.17.27.0 202512.0 2025118.3133.3 202551.525.510.0 202578.8 20258 31426.620248 31348.3 20258 31227.93.59%5.58% 20258 31262.520248 31251.4 20258 31392.320248 31395.584.420248 3184.4 20258 3137.1%2024 8 3146.1% 20258 312025 426.6202520248 31 20258 31 12 202520258 31202520248313,934.93,606.5 20258 31 20258 31 20242024 2025 20258 3120258 315% 20258 31137 202517.4202419.5 20208 184.24130,000,000545.7487.720208 1120208 18 20218 3120228 3195.120224 142022 20258 312024 2025 2025 C.2.1 20189 28 2025• 2025 202510 1A 2026202720288 318 202510 1202510 14 2025 5320107 1320166 720021020026 2021719 200432007 5220107 13201667200210200210 20043 4620166 7162003920129 20064 7220171 3166820028201773220076082220077201633828 201712003720067BBS2015 20245 31 19901988University of Sheffield 25Carlyle Global CreditCarlyleCarlyle Credit OpportunitiesFund Carlyle 734019761997122007320092014 20258 312025 2220107 131338 20171 26 202537 (i)(ii)(iii)(iv)(v)(vi)(vii) 2025 20171 16 202562 20258 312024 5 15 20258 3126 29 20256520258 31119.7 164 2025 84(2) 3.13 202512 3620258 312025 20258.1062%38% Bright Education Holdings Co. LimitedBright Education Investment Co.Limited20171 320218 31 2023(i)(ii)(iii)20219 1 20252025 20238 3020238 30 20238 30 (a) (b) (c) (d) (e) AA (i)A(ii)14A.53(iii)14A.52 (a) (b) (d)A(e) (c) (i)(ii)(iii) (d) A (e) • •(i)(ii)(iii) • •AA • 2025 (i)(ii)(iii) 20258 31 1.2.3.4. 202510 1202510 120288 3120%6020268 3120278 3120288 318,000,000 A202510 1202510 14 20258 31 62%38%202191 (a)(b)(c)(d)(e)(f) 20219 1AA (i) (ii) 2025 2025 20258 312720258 31167.920248 31174.1 20218 31AA 20218 31202520252025 202312 320242 23202422024220238 31(i)2024220238 31(2)20242180,090,00020258 31(3)202220232024220219 120258 3126,010,00011,768,00020258 3166,674,000 36A2025A 20258 31(i)(ii)(iii) 2025 20252.9%202418.4%1.1%202412.9% 202522.0%202429.2%6.4%202414.1% 20255% 20257 22(i)30,000,0005%20238 2520248 25(ii)10,000,00020249 139,280,00020241264%(iii)21,000,00020254 294%(iv)20,000,00020254 294% 20259 420258 3020258 3120257 2220259 4 20258 31571XV(a)XV78(b)352(c) (1)(2)Bright Education (Holdings) Co. LimitedBright Education HoldingsBright Education Holdings930,000,000(3)Bright Education Investment Co. LimitedBright Education InvestmentBright Education Investment570,000,000(4)Bright Education HoldingsBright Education Investment(5)20176 71,500,000 20258 31336 (1)Bright Education Holdings42.70% (2)Bright Education Investment26.17% 20258 31336 20258 31139202517.4202419.5 20171 320176 7 (a) (b) (b) (i)(ii)(iii)(iv)(v) (c) 20171 2610% (d) (e) 20171 2620261 25 (f) (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (g) (i)(ii)(iii)(iv)(v) 12 20258 3120248 312025 2025209,815,4009.63% (a) (b) (b) (i) (ii)(iii)(iv)(v) (c) 10%200,000,000 10% 30% (d) 121%1% (e) (i)(ii) (i) (ii) (f) 301.00 (g) (i)(ii)(iii) (h) 20171 2620271 25 12 20258 3120248 312025 197,000,00020259.04%214,815,4009.86% (a) 20176 7 (b) (i)(ii) (c) (i) (ii) 10%20249 120258 31204,836,400204,296,40020258 319.40%9.38%201,776,4009.26% (d) 20176 7202583111,704,00020258 3111,704,0002025 (e) 1% (f) 1020176 720276 6 (g) (h) 16 2025 120189 61,500,0005,700,00020189 620288 3120232 61,200,000880,000 16,458.0029,751.00 2025209,415,4009.61%20258,400,0002025 2025(i)1%(ii)120.1%(iii) 2025 2025 2025 20252024 20258 31 20258 312513.2013.21 13.2220258 31 13.51(2)(a)(e)(g) 2025• 2025 202511 27 2025 20171 262025C.2.1 2025 2025 2025 C.2.1 20189 28 C.5.1 2025 3.13 C.1.42025 C.1.4 3.21D.3 2025 20252 282025 2025 E.1(i)(ii)(iii) 2025 B.3 2025 83 (a)(b) 20258 31 2025 5861 •20252025 2025 20257 22 2025 (1) (2) (4) (5) (6) 20126 3.283.2915 58 212150% 1338(852) 3899 3522ir@wisdomeducationintl.com www.wisdomeducationintl.com 2025 2025 6214420258 31 20258 31 2025831130,834,000 • •1515 •15 35 • •15 • • • • • P07758 • 202511 2