Bojun Education Updates Terms of 51% Stake Sale in Pengzhou School, Considers Legal Action Over Delays

Reuters

Sep 29

Bojun Education Updates Terms of 51% Stake Sale in Pengzhou School, Considers Legal Action Over Delays

Bojun Education Company Ltd. has announced amendments to the terms of its previously disclosed disposal of a 51% equity interest in Pengzhou School. The company stated that it is currently exploring various options, including potential legal action, to protect its interests and recover the total investment fund due to a default and delay in completion by Hongde Guanghua. Bojun Education emphasized that the delay is not expected to have any material adverse impact on its operations or financial position. Further updates will be provided as appropriate, according to the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bojun Education Company Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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