New Higher Education Group Is Listed on the Main Board of the stock exchange of Hong Kong

(19 April 2017, Hong Kong) – China New Higher Education Group Limited (“New Higher Education Group” or the “Group;” stock code: 2001), a leading private provider of formal higher education in China, commenced trading of its shares on the Main Board of the stock exchange of Hong Kong (the “SEHK”)today. 
 

“New Higher Education Group has gained the recognition and support of investors, and successfully listed in Hong Kong today. The public listing marks a key milestone in our development.” Mr. Li Xiaoxuan, Founder, Chairman and Executive Director of New Higher Education Group, said. “The private higher education market in China is booming and full of opportunities. As a first mover in the industry, New Higher Education Group specializes in providing employment-oriented higher education focusing on the applied sciences. Moreover, we possess cross-region operational experience in schools, offer outstanding teaching quality and enjoy a solid reputation, all of which have facilitated our rapid growth. Looking ahead, we will strive our utmost to meet the expectation of our investors. We will step up efforts to capture the opportunities in the industry and push forward acquisitions in key regions in China as we expand our school network and increase our market penetration rate in a bid to reinforce our leading position as a private formal higher education group in China.”

About China New Higher Education Group Limited

New Higher Education Group is a leading private formal higher education group in China with over 12 years of operating and teaching experience, specializing in providing higher education which focuses on applied sciences. The Group currently operates two schools, namely the Yunnan Technology and Business University and the Guizhou Technology and Business Institute in Southwestern China. It is also investing in the Harbin Huade University in Northeastern China and a new campus at the Science and Technology College of Hubei Minzu University in Central China. In addition, it plans to establish new schools, including the Northwest Technology and Business Institute in Northwestern China and a higher education institute in California, USA.

The Group provides high quality higher education in a wide selection of fields in applied sciences. Its courses are designed to equip students with practical and readily applicable skills, helping to prepare them for the job market. It achieved industry-leading graduate employment rates, with over 98% of its graduates in 2013, 2014 and 2015 either employed or pursuing further studies by the end of their year of graduation, according to Frost & Sullivan. Furthermore, the Group is one of the fast-growing universities focusing on applied sciences in China in terms of the number of enrolled students at the end of the past three school years, with its overall student enrolment growing from 18,590 by the end of June 2014 to 33,462 by the end of December 2016.