According to the Zhitong Finance App, Huaxia Audiovisual Education (01981) issued an announcement. As reported by Mr. Pu Shulin, the company's chairman, executive director and controlling shareholder, Mr. Pu will purchase a total of 1,938 million common shares of the company at an average purchase price of about HK$1.12 per share on the market from October 17, 2022 to October 21, 2022.

After the purchase of all of the above shares has been completed, according to Section XV of the Securities and Futures Ordinance, Chapter 571 of the Hong Kong Laws, the number of shares deemed to have interest by Mr. Pu has increased from 1,1685 million shares to 1,1705 million shares, accounting for the total share capital issued by the company on the date of this announcement from about 70.60% to about 70.72%.