FORM 3A - Director/Chief Executive Notice - Interests in Shares of Listed Corporation
 
Form Serial Number: DA20240920E00250
1. Date of relevant event: 20/09/2024
(dd/mm/yyyy)
2. Date when director became aware of the relevant event/ interest in the shares (if later):
(dd/mm/yyyy)
3. Stock code: 02001
4. Name of listed corporation: China New Higher Education Group Ltd. 
5. Class of shares: Ordinary Shares 
6. Number of issued shares in class: 1,549,622,630
7. Name of director (English) as printed on HKID Card/Passport:
(Surname) Li
(Other names) Xiaoxuan
10. Name of director (Chinese): 李孝轩 
11. Chinese Character Code as printed on HKID Card:
 
24. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Consideration code
Long position 
1711Miscellaneous
Other (you must briefly describe the relevant event in the Supplementary Information box)
 
2201Interest of corporation controlled by you
 
2307Founder of a discretionary trust who can influence how the trustee exercises his discretion
 
631,021,637  HKD      0.0000 
3102Assets other than cash
 
Short position 
 
 
 
           
 
25. Total shares in listed corporation immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position756,630,92548.83
 
26. Total shares in listed corporation immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position756,630,92548.83
 
27. Capacity in which interests disclosed in Box 26 are held:
Code describing capacityNumber of shares
2101Beneficial owner
Long position743,200
2201Interest of corporation controlled by you
Long position79,724,938
2307Founder of a discretionary trust who can influence how the trustee exercises his discretion
Long position676,162,787
 
28. Further information in derivative interests in listed corporation :
Derivatives code Exercise period (dd/mm/yyyy) Consideration - if derivatives granted by listed corporation Number of shares
  BeginsEndsCurrencyPrice for grantCurrencyExercise priceCurrencyPrice on assignment 
Long position
4105Unlisted derivatives - Physically settled
21/10/202020/10/2024HKD1HKD3.110  36,870
Long position
4105Unlisted derivatives - Physically settled
21/10/202120/10/2024HKD1HKD3.110  36,870
Long position
4105Unlisted derivatives - Physically settled
21/10/202220/10/2024HKD1HKD3.110  49,160
Long position
4105Unlisted derivatives - Physically settled
23/07/202122/07/2025HKD1HKD5.330  186,090
Long position
4105Unlisted derivatives - Physically settled
23/07/202222/07/2025HKD1HKD5.330  186,090
Long position
4105Unlisted derivatives - Physically settled
23/07/202322/07/2025HKD1HKD5.330  248,120
 
29. Further information in relation to interests of children under 18 and/or spouse:
Child/SpouseName of child/spouseNumber of shares
 
 
30. Further information in relation to interests of corporations controlled by Director:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
Aspire Education Technology Co., Ltd.Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin IslandsLi Xiaoxuan100.00Y
Long position67,866,088
Aspire Education Consulting Co., Ltd.Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin IslandsLi Xiaoxuan100.00Y
Long position11,858,850
 
31. Further information in relation to interests held by Director jointly with another person:
Name of joint shareholderAddressNumber of shares
 
 
32. Further information from a director who is a trustee, or beneficiary of a trust, or a person who has set up a Discretionary Trust:
Names of TrustAddressStatus codeNumber of shares
Li & Yang SettlementAddresses of individuals are not displayed.
5103Founder of a discretionary trust who can influence how the trustee exercises his discretion
Long position45,141,150
Li Family TrustAddresses of individuals are not displayed.
5103Founder of a discretionary trust who can influence how the trustee exercises his discretion
Long position631,021,637
 
33. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a director is interested under sections 317 and 318
 
34. Supplementary information: On 20 September 2024, (i)Aspire Education Technology transferred the entire issued share capital of Sunnyland Ventures Limited, holding 108,294,012 shares of the Company, to; and (ii)Elm Pacific Holdings Limited, holding 522,727,625 shares, allotted 99% shareholding to, the Li Family Trust where Mr. Li is the settlor and has control over the exercise of voting rights relating to the investments of the trust fund. Mr. Li is deemed to be interested in the shares held by Sunnyland and Elm Pacific.
35. Log/Serial Number of the previous form:
36. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 3A: 20/09/2024
(dd/mm/yyyy)