Code Education: Agree to the company's establishment of a wholly-owned subsidiary and branch in Shenzhen.

Code Education Announcement: Approval for the company to establish a wholly-owned subsidiary and branch in Shenzhen.
The subsidiary is named Code Star (Shenzhen) Technology Co., Ltd., with a registered capital of 5 million yuan, and its business scope does not exceed that of the listed company.
The branch is named Suzhou Code Education Technology Co., Ltd. Shenzhen Branch, with its business premises in Shenzhen, Guangdong Province, and its business scope does not exceed that of the listed company.

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