2 3 13 17 18 19 20 21 23 99 246802 Vistra (Cayman) LimitedP.O. Box 31119Grand PavilionHibiscus Way802 West Bay RoadGrand Cayman KY1-1205Cayman Islands http://chinageg.cn Vistra (Cayman) LimitedP.O. Box 31119Grand PavilionHibiscus Way802 West Bay RoadGrand Cayman KY1-1205Cayman Islands 1617 2175 2026中國通才教育集團有限公司 20262 28 20112011/20128,0002025/202619,18120262 28744435 50120262 28621,147438,025 (i)(ii) 2024/202594.99% 2025/202619,1812024/20250.7%2025/20265,3912024/20252.6% (1) (2)999302025/20262024/2025930 (3) 2025/20262024/2025 (1)2025/20262024/2025 (i)(ii)(iii) (2) (3)2025/20265,8532024/20253125,391 2021[2021]10 (i)(ii)(iii)(iv)(v) 20216 30(General Business University of California Incorporated)20216 20241 30California PrivatePostsecondary Education ActCEC55CCR 201620179 120162016 20187 112016117 201912 30 201912 30 201910 29 2016 •2016 •2016 •2016•2016•2016 (i)(ii)20162016(i)(ii)2016 2004 181.820252 28183.11.30.7 %165.920252 28167.01.10.7%(ii)15.920252 2816.00.10.6% 112.020252 28106.95.14.7%(i)(ii)(iii) 69.820252 2876.16.338.4%3.2 9.120252 285.73.458.9% 27.620252 2829.72.1(i)(ii) 51.020252 2851.80.8 20262 28217.620258 31233.616.0(i)2026 2 28452.72025831490.838.1(ii)20262 28147.920258 31142.15.8(iii)2026 2 2838.320258 315.432.9(iv)202622845.820258 31103.557.7(v)20262 281.720258 315.03.3 20262 28221.520258 3134.020262 2811.4%2025 8 311.8% 20262 28452.7394.458.00.320258 31490.8442.40.148.3 20258 5520262 28221.520258 3134.0 20262 28 20262 28520257 1620326 20 202511 6312,000,000100% 202511 6 93.6060.0 20262 2820252 28 0.000012021716385.120248 31 202411 2820248 3120248 3138.6(i)14.4(ii)24.220248 31 20258 31 20262 281,68020252 281,69020262 2868.420252 2866.61.82.6% 20221 1310(i)(ii) 20321 12202520221 2710%20259 120262 2850,551,700 20222 820259 120262 2837,481,000123.1 20216 231020316 222025 20259 120262 2850,000,000 20262 2820262 28 20262 28XV352C3 20262 28336 (1)Niusanping Limited(2)New Jazz Capital Limited(3)(4)20262 28505,517,000 336 13.51B20258 31 C1 C3 20263 620268 3120263 6202636 93.660.0 20262 28 2026429 20262 28 20262 28 20262 28 20262 28 20262 28 1. 20189 14P.O. Box 31119, Grand Pavilion, Hibiscus Way, 802 West Bay Road, GrandCayman, KY1-1205 Cayman Islands20217 16202211 29202410 15Niusanping Limited52.67% 2. 20262 283420258 31 3. 20258 31 4. 8 10% 5. 20262 28 6. 7. 16.5% 20262 28 7. 25% 8. 20252 28 9. 20262 2820252 28 20262 2820252 28 20262 28 9. 10. 20262 28242,749,00020252 28209,806,000193,949,00020252 28187,795,000 20262 284920252 282,3234920252 282,323 11. 9 20262 28 15. 16. 17. 18. 20258 5500,000,0003% 19. 93.660.0