Cod Education announced that the company previously planned to establish a wholly-owned subsidiary, Huaxin Vision Holdings Co., Ltd. in Hong Kong, and that it will fund the establishment of a wholly-owned subsidiary, Huaxin Vision Investment Co., Ltd. The announcement revealed that Huaxin Vision Holdings Co., Ltd. has obtained the “Overseas Investment Project Filing Notice” issued by the Suzhou Development and Reform Commission and completed the foreign exchange business registration with the State Administration of Foreign Exchange through bank processing; the wholly-owned subsidiary Huaxin Vision Investment Co., Ltd. completed registration in Hong Kong on November 5, 2026, with a registered capital of HK$1 million. The wholly-owned subsidiary is still undergoing approval procedures involving the Bureau of Commerce and the Development and Reform Commission.

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