Wisdom Education International Holdings Company Limited (SEHK:6068) acquired 70% stake in Huiyang Experimental Primary School for approximately CNY 130 million on February 23, 2021. As per the transaction, Wisdom Education International Holdings Company Limited (SEHK:6068) will acquire 70% sponsor interest in Huiyang Experimental Primary School, transfer of which has been completed and part of the consideration has been paid by the Wisdom Education International Holdings Company Limited and remaining consideration will be paid by internal resources. Wisdom Education International Holdings Company Limited (SEHK:6068) completed the acquisition of 70% stake in Huiyang Experimental Primary School for approximately CNY 130 million on February 23, 2021.