Hong Kong (November 26, 2024) Loeb Smith Attorneys, one of the leading offshore corporate law firms with a strong growing presence in the APAC region, advises in the going private merger transaction of First High-School Education Group, an education service provider primarily focusing on high schools in Western China (the “Company”). The Company has entered into a definitive agreement and plan of merger for the short form merger transaction (the “Merger”) on November 22, 2024.

Loeb Smith Attorneys has served as Cayman Islands legal counsel to the Special Committee and the team of lawyers advising on the transaction was led by Partner Ivy Wong and included team member Frost Wu in Hong Kong. Partner and Head of the firm’s Corporate and Investment Funds Group, Gary Smith, commented, “This is another testament of the depth and breadth of our firm’s expertise and our teams of attorneys’ ability and credentials to provide seasoned legal insights and support to clients in their different corporate actions and endeavors. It also showcases our commitment to our clients in Asia and our transactional profile involving a wide range of corporate law services in the current financial climate.”

Partner Ivy Wong in Hong Kong also commented, “It has been a pleasure working with the professional parties in the region to advise on this short form Merger to achieve the strategic goals of different stakeholders without having to go through the complexities and time required of a regular merger. We expect to see that the trend of merger transactions will continue, while others continue to seek fundraising opportunities on major stock exchanges, whether in the US or elsewhere.”

Zhongqin Asset Appraisal Co., Ltd. is acting as financial advisor to the Special Committee. Wilson Sonsini Goodrich & Rosati, Professional Corporation, is acting as U.S. legal counsel to the Special Committee.

The Merger is currently expected to close in the first half of 2025 and is subject to customary closing conditions.

香港（2024 年11 月26 日）—— Loeb Smith Attorneys是亚太地区业务不断增长的领先离岸公司律师事务所之一，就一家专注于中国西部高中的教育服务提供商，即第一高中教育集团（以下称“公司”）的私有化合并交易提供咨询服务。该公司已于2024年11月22日就简易合并交易（以下称“合并”）签订了最终协议和合并计划。

Loeb Smith Attorneys担任特别委员会的开曼群岛法律顾问，为本次交易提供咨询的律师团队由合伙人Ivy Wong领导，团队成员包括香港的Frost Wu。本所合伙人兼本所企业和投资基金团队主管Gary Smith评论道：“本案再次证明了我们律所专业知识的深度和广度，以及我们的律师团队为客户提供经验丰富的法律见解和支持的能力和资历。同时它还彰显了我们对亚洲客户的承诺，以及我们在当前金融环境下提供广泛公司法服务的交易实绩。”

香港合伙人Ivy Wong 也评论道：“很高兴与该地区的专业人士合作，就这一简易合并提供建议，以实现不同利益相关者的战略目标，同时避免常规合并的复杂程序与时间成本。我们预计并购交易的趋势将持续下去，与此同时，企业仍将继续在美国或其他地方的主要证券交易所寻求融资机会。”

Zhongqin Asset Appraisal Co., Ltd. 担任特别委员会的财务顾问。 Wilson Sonsini Goodrich & Rosati, Professional Corporation 担任特别委员会的美国法律顾问。

此次合并目前预计将于 2025 年上半年完成，并须满足惯例成交条件。