Lixiang Education CEO acquires $2.5M in shares

The shares are subject to a 5-year lock-up from the Closing Date, with affiliate transfers permitted only if the affiliate agrees in writing to remain bound.

Available on EDGAR 11/02/2026 - 08:41 AM EST Accepted by SEC EDGAR 11/02/2026 - 08:40 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Lixiang Education Holding Co. Ltd. (LXEH) reports that Director and CEO Biao Wei acquired 5,000,000,000 Class B Ordinary Shares directly from the issuer in a private placement on November 2, 2026, at US$0.0005 per share, for an aggregate subscription price of US$2,500,000. The shares are held directly for his own account, bringing his reported position to 5,000,000,000 shares. They are subject to a 5-year lock-up from the Closing Date; transfers to an affiliate are permitted if the affiliate agrees in writing to remain bound by the restriction. No Rule 10b5-1 plan is reported for the acquisition.

Insider Trade Summary

Grant/Award: 5,000,000,000 shares

Grant/Award 1 txn

Insider Wei Biao

Role Director and CEO

Type	Security	Shares	Price	Value
Grant/Award	Class B Ordinary Shares F1, F2, F3	5,000,000,000	$0.0005	$2.50M

Holdings After Transaction: Class B Ordinary Shares — 5,000,000,000 shares (Direct)

Holdings Before and After: Class B Ordinary Shares, 0 to 5,000,000,000 shares (Direct)

Footnotes (3)

1. F1. The Class B Ordinary Shares were acquired directly from the Issuer in a private placement pursuant to a Share Subscription Agreement, dated August 19, 2026, between the Reporting Person and the Issuer, at a purchase price of USS0.0005 per share, for an aggregate subscription price of US$2,500,000 for 5,000,000,000 Class B Ordinary Shares. The subscription was approved by the Issuer's board of directors, audit committee and shareholders. The transaction closed on the Closing Date.
2. F2. The Class B Ordinary Shares acquired are subject to a five (5) year lock-up from the Closing Date under the Share Subscription Agreement, during which the Reporting Person may not, directly or indirectly, sell, transfer, pledge, encumber or otherwise dispose of the shares; provided, however, that the Reporting Person may transfer all or any portion of the shares to an Affiliate of the Reporting Person, so long as such Affiliate agrees in writing to be bound by the terms of this lock-up restriction for the remainder of the lock-up period.
3. F3. Prior to the reported transaction, the Reporting Person beneficially owned no securities of the Issuer, as reflected in the Reporting Person's initial statement of beneficial ownership on Form 3 filed March 18, 2026. The shares are held of record directly by the Reporting Person for his own account.

Key Figures

Class B Ordinary Shares acquired: 5,000,000,000 shares Purchase price per share: US$0.0005 per share Aggregate subscription price: US$2,500,000 +2 more

5 metrics

Class B Ordinary Shares acquired 5,000,000,000 shares Biao Wei's private placement on November 2, 2026

Purchase price per share US$0.0005 per share Class B Ordinary Shares

Aggregate subscription price US$2,500,000 Private placement subscription

Reported position after transaction 5,000,000,000 shares Class B Ordinary Shares held directly for Biao Wei's own account

Lock-up period 5 years From the Closing Date

Key Terms

private placement, Share Subscription Agreement, lock-up

3 terms

private placement financial

"acquired directly from the Issuer in a private placement"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

Share Subscription Agreement financial

"pursuant to a Share Subscription Agreement"

A share subscription agreement is a written contract in which an investor agrees to buy a specific number of a company's shares at an agreed price and under stated conditions. It matters to investors because it spells out who pays what, when shares are issued, and any protections or obligations for both sides—like a detailed purchase order that clarifies ownership, timing and potential dilution risk so investors know exactly how their stake will be created and protected.

lock-up financial

"subject to a five (5) year lock-up from the Closing Date"

A lock-up is an agreement that prevents company insiders, early investors or employees from selling their shares for a set period after a public share offering. It matters to investors because it temporarily limits the number of shares available to trade—like a scheduled hold on extra inventory—and when that hold ends a large number of shares can enter the market, potentially putting downward pressure on the stock price and revealing insiders’ confidence in the company.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LXEH shares did Biao Wei acquire, and at what price?

Biao Wei acquired 5,000,000,000 Class B Ordinary Shares at US$0.0005 per share, for an aggregate subscription price of US$2,500,000, in a private placement dated November 2, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wei Biao

(Last) (First) (Middle)

ROOM 301, UNIT 1, BUILDING 5

KUANGGANGYUAN, LIANDU DISTRICT

(Street)

LISHUI CITY ZHEJIANG PROVINCE 323000

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lixiang Education Holding Co. Ltd. [ LXEH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Director and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Ordinary Shares(1)(2)	11/02/2026		A		5,000,000,000	A	$0.0005	5,000,000,000(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Class B Ordinary Shares were acquired directly from the Issuer in a private placement pursuant to a Share Subscription Agreement, dated August 19, 2026, between the Reporting Person and the Issuer, at a purchase price of USS0.0005 per share, for an aggregate subscription price of US$2,500,000 for 5,000,000,000 Class B Ordinary Shares. The subscription was approved by the Issuer's board of directors, audit committee and shareholders. The transaction closed on the Closing Date.

2. The Class B Ordinary Shares acquired are subject to a five (5) year lock-up from the Closing Date under the Share Subscription Agreement, during which the Reporting Person may not, directly or indirectly, sell, transfer, pledge, encumber or otherwise dispose of the shares; provided, however, that the Reporting Person may transfer all or any portion of the shares to an Affiliate of the Reporting Person, so long as such Affiliate agrees in writing to be bound by the terms of this lock-up restriction for the remainder of the lock-up period.

3. Prior to the reported transaction, the Reporting Person beneficially owned no securities of the Issuer, as reflected in the Reporting Person's initial statement of beneficial ownership on Form 3 filed March 18, 2026. The shares are held of record directly by the Reporting Person for his own account.

	/s/ Biao Wei	11/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)