Correction Notice Of Press Release Announcing Wah Fu Education Group Ltd. to Hold Annual General Meeting on December 20, 2024
Correction Notice Of Press Release Announcing Wah Fu Education Group Ltd. to Hold Annual General Meeting on December 20, 2024
Beijing, China, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Ltd. (NASDAQ: WAFU, the "Company") today announced corrections to its press release sent out on December 2, 2024.
北京，中國，2024年12月04日(環球新聞通訊社)--華夫教育集團有限公司(納斯達克股票代碼: WAFU，"公司") 今天宣佈對其於2024年12月2日發送的新聞稿進行更正。
Holders of record of the Company's ordinary shares of par value US $0.01 each on the close of business on November 21, 2024, Eastern Standard Time (the "Record Date") or their proxy holders are entitled to vote at the AGM or any adjournment or postponements thereof. Each holder of ordinary shares has one (1) vote for each ordinary share held as of the close of business on the Record Date.
在2024年11月21日東部標準時間（"記錄日期"）結束時，公司普通股每股面值爲0.01美元的股東或其代理持有人有權在股東大會或任何休會或延期中投票。每位普通股東在記錄日期結束時持有的每一股普通股均可投一票（1）。
Under the existing memorandum and articles of association of the Company, a resolution of shareholders may be passed by the affirmative vote of a majority of in excess of 50% of the votes of the shares entitled to vote thereon which were present at the meeting and were voted.
根據公司的現有備忘錄和章程，股東決議可以通過出席會議的具有投票權的股份投票超過50%的多數票的贊成票通過。
In the release dated December 2, 2024, the following paragraph reads:
在日期爲2024年12月2日的新聞稿中，以下段落如下：
"The Company proposes to amend and restate the existing memorandum and articles of association registered with the Registry of Corporate Affairs in the British Virgin Islands to adopt a dual-class share structure (the "Dual-class Share Structure"), pursuant to which the Company will create a new class of shares and the Company's issued ordinary shares of US$0.01 par value each shall be re-designated into (i) ordinary shares of US$0.0005 par value each ("Ordinary Share"), and (ii) class A ordinary shares of US$0.0005 par value each ("Class A Shares"), with each Ordinary Share being entitled to one (1) vote and each Class A Share being entitled to fifteen (15) votes on all matters subject to vote at general meetings of the Company."
公司擬修改和重述已在英屬維爾京群島企業事務登記處註冊的現有備忘錄和章程，以採用雙重類別股份結構（「雙重類別股份結構」），根據該結構，公司將創建一類新股份，公司已發行的每股面值爲0.01美元的普通股將被重新劃分爲（i）每股面值爲0.0005美元的普通股（「普通股」），以及（ii）每股面值爲0.0005美元的A類普通股（「A類股份」），其中每股普通股享有一票，每股A類股享有十五票，在公司股東大會上有投票權投票。
Is corrected to read as follows:
已更正如下：
The Company proposes to amend and restate the existing memorandum and articles of association currently registered with the Registry of Corporate Affairs in the British Virgin Islands to adopt a dual-class share structure (the "Dual-class Share Structure"), pursuant to which the Company will create a new class of shares of class A ordinary shares (the "Class A Shares"), with each ordinary share (the "Ordinary Shares") being entitled to one (1) vote and each Class A Share being entitled to fifteen (15) votes on all matters subject to vote at general meetings of the Company.
公司擬修改和重述已在英屬維爾京群島企業事務登記處當前註冊的現有備忘錄和章程，以採用雙重類別股份結構（「雙重類別股份結構」），根據該結構，公司將創建一類新股份A類普通股（「A類股份」），其中每股普通股（「普通股」）享有一票，每股A類股享有十五票，在公司股東大會上有投票權投票。
In connection with the Dual-class Share Structure, the Company proposes to:
關於雙重類別股份結構，公司提議：
| (a) |
In the release dated December 2, 2024, the following paragraph reads: "create a new class of shares and change the maximum number of shares that the Company is authorised to issue from 30,000,000 ordinary shares of US$0.01 par value each to 600,000,000 shares divided into 500,000,000 Ordinary Shares with a par value of US$0.0005 each and 100,000,000 Class A Shares with a par value of US$0.0005 (the "Change in Authorised Shares");" Is corrected to read as follows: create a new class of shares and change the maximum number of shares that the Company is authorised to issue from 30,000,000 ordinary shares to 600,000,000 shares divided into 500,000,000 Ordinary Shares and 100,000,000 Class A Shares (the "Change in Authorised Shares"); |
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| (b) | amend and restate its existing memorandum and articles of association registered with the Registrar or Corporate Affairs in the British Virgin Islands to include, amongst other things: | |
| (i) | the creation of a new class of Class A Shares with each Class A Share being entitled to fifteen (15) votes on all matters subject to vote at general meetings of the Company; and | |
| (ii) |
In the release dated December 2, 2024, the following paragraph reads: the following provision: "Notwithstanding any other provision of these Articles, each Class A Share shall be automatically converted into an Ordinary Share immediately upon the holders of Class A Shares in aggregate beneficially owning less than 1,488,000 Class A Shares, which is equivalent to 5% of the total issued and outstanding Class A Shares as of the date of registration of these Memorandum and Articles."; and Is corrected to read as follows: the following provision: "Notwithstanding any other provision of these Articles, each Class A Share shall be automatically converted into an Ordinary Share immediately upon the holders of Class A Shares in aggregate beneficially owning less than 74,400 Class A Shares, which is equivalent to 5% of the total issued and outstanding Class A Shares as of the date of registration of these Memorandum and Articles."; and |
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| (c) |
In the release dated December 2, 2024, the following paragraph shall be deleted in its entirely: conduct a division of shares by which each issued ordinary share of US$0.01 par value each in the Company would be divided into a larger number of Ordinary Shares of US$0.0005 par value each resulting in every one currently issued ordinary share being divided into 20 Ordinary Shares. |
| (a) | 在2024年12月2日發佈的聲明中，以下段落如下: "創建新股類別，將公司授權發行的最大股數從30,000,000美元面值爲0.01美元的普通股改爲分成500,000,000股，其中包括面值爲0.0005美元的500,000,000普通股和麪值爲0.0005美元的100,000,000 A類股（"授權股份變更");" 更正如下: 創建新的股份類別，並將公司被授權發行的最大股份數量從30,000,000普通股變更爲分爲500,000,000普通股和100,000,000 A類股（"授權股份變更"); |
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| (b) | 修訂並重述其在英屬維爾京群島註冊的現有章程和公司章程，以包含其他事項： | |
| （i） | 創建一種新的A類股份，每個A類股份在公司股東大會上對所有與投票相關的事項享有十五（15）票的權利；以及 | |
| （ii） | 在2024年12月2日發佈的消息中，以下段落如下： 以下條款："儘管本章程的其他任何條款，任何A類股份在持有人總共持有少於1,488,000股A類股份（相當於截至本備忘錄和章程註冊之日已發行及流通的A類股份總數的5%）時，應自動轉換爲普通股。"；以及 已更正如下所示： 以下規定：「不論本章程的任何其他規定，每一類A股在該類A股的持有者合計有不到74,400股的情況下，將自動轉換爲普通股，相當於註冊本備忘錄和章程時已發行和未流通的類A股總數的5%。」；以及 |
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| (c) | 在2024年12月2日的版本中，下面的段落將被完全刪除： 進行一次股份分拆，將每股面值爲0.01美元的普通股劃分爲數量更多的面值爲0.0005美元的普通股，從而使目前每一股已發行的普通股被劃分爲20股普通股。 |
The notice of the AGM sets forth the resolutions to be submitted to shareholders of the Company for approval and other relevant information regarding the AGM, the proposed Dual-class Share Structure and how to vote ordinary shares or direct Deutsche Bank Trust Company Americas to vote the ordinary shares represented by the ADSs at the AGM. Shareholders may obtain a copy of the Company's annual report on Form 20-F, free of charge on the Company's Investor Relations website at , or on the website of U.S. Securities and Exchange Commission at http://www.sec.gov. Physical copies of the annual report on Form 20-F can be provided to shareholders of the Company without charge by emailing Wah Fu Education Group Ltd., at ir@edu-edu.com.cn or by writing to:
股東大會通知中列出了需要提交給公司的股東進行審核的決議及與股東大會、擬議的雙層股份結構以及如何投票普通股或指示德意志銀行美洲信託公司在股東大會上投票代表ADS的普通股的其他相關信息。股東可以通過公司的投資者關係網站免費獲取公司的20-F表格年度報告，或在美國證券交易委員會的網站http://www.sec.gov上查看。公司也可以通過發送電子郵件至ir@edu-edu.com.cn或寄信至以下地址，免費提供20-F表格年度報告的紙質副本給公司的股東：
L207b, Hesheng Fortune Plaza
No.13 Deshengmenwai Street
Xicheng District, Beijing, China 100088
Attention: Raincy Du
L2070億，合生財富廣場
德勝門外大街13號
北京市西城區，中國 100088
注意：Raincy Du
INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE MATERIALS FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION, AS THEY CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE DUAL-CLASS SHARE STRUCTURE AND RELATED MATTERS.
投資者和股東被敦促認真並完整地閱讀提交給美國證券交易委員會的材料，因爲它們包含關於公司、雙層股權結構和相關事項的重要信息。
About Wah Fu Education Group Ltd.
關於華富教育集團有限公司
Since its establishment in 1999, Wah Fu Education Group Ltd. ("Wah Fu") has been committed to providing customized and diversified education solutions for the development of students, institutions and universities. Wah Fu continues to innovate in self-taught examinations for higher academic degrees, information application in adult education, non-degree training and other online educational programs. Wah Fu has become one of the most influential brand of distance education for adults in China. For more information about Wah Fu, please visit .
自1999年成立以來，華富教育集團有限公司（"華富"）一直致力於爲學生、機構和高校的發展提供定製化和多樣化的教育解決方案。華富不斷在自學考試高等學位、成人教育的信息應用、非學位培訓以及其他在線教育項目中進行創新。華富已成爲中國成人遠程教育領域最具影響力的品牌之一。有關華富的更多信息，請訪問。
Investor Relations Contact
投資者關係聯繫方式
For Wah Fu:
關於華富：
Raincy Du
ir@edu-edu.com.cn
雷西杜
ir@edu-edu.com.cn
Investor Relations:
投資者關係:
Haining Wang
Fair Consulting LLC
Email: info@fairconsulting.com
Phone: +1-646-752-9774(US) /+86-136-8536-8593(China)
王海寧
公正諮詢有限責任公司
電子郵件：info@fairconsulting.com
電話：+1-646-752-9774（美國）/+86-136-8536-8593（中國）
譯文內容由第三人軟體翻譯。