China New Higher Education Becomes Constituent of Certain Indexes of Hang Seng Indexes Company Limited for the First Time

(Hong Kong - 18 Aug 2017) China New Higher Education Group Limited (“China New Higher Education”, together with its subsidiaries, the “Group”, stock code: 2001.HK) is pleased to announce that China New Higher Education has been included as a constituent stock of the Hang Seng Composite SmallCap Index (“HSSI”) and Hang Seng Consumer Goods & Services Index (“HSCGSI”) in the Hang Seng Composite Index (“HSCI”) Series for the first time, in the review of the Hang Seng Family of Indexes for the quarter ended 30 June 2017. The change will become effective on 4 September 2017 (Monday).
 

This is the first time for the Group to be included into the HSCI, which implies that the Group’s overall strength has been recognized and trusted by the Hong Kong capital market. The Group is honored to be included in the HSCI for the first time. The management will continue to expand the Group’s school network, while increasing investment to enhance the quality of existing schools and improve the market penetration rate in the domestic private education industry. In this way, the Group’s income will further increase and shareholders will enjoy satisfactory returns.

Mr. Li Xiaoxuan, Chairman of China New Higher Education, said, “the Group’s inclusion in the market benchmark index represents capital market’s recognition of the Group, and is expected to expand shareholder base and trading liquidity of the Group, resulting in realization of the value of investment in the Group and enhancement of the Group’s reputation in the capital market.”