In the 2017/2018 Academic Year of China New Higher Education The Total Number of Enrolled Students Exceeded 54,000 With a Year-on-Year Growth of 16.9%
 
Oct 09, 2017
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In the 2017/2018 Academic Year of China New Higher Education
The Total Number of Enrolled Students Exceeded 54,000
With a Year-on-Year Growth of 16.9%

(9 October 2017, Hong Kong) China New Higher Education Group Limited ("China New Higher Education", together with its subsidiaries, "the Group", stock code: 2001.HK) is pleased to announce operational update on the Group's business. In China, the Group owns two universities, Yunnan Technology and Business University (the "Yunnan School") and Guizhou Technology and Business Institute (the "Guizhou School"), and has invested in two universities, Harbin Huade University (the "Northeast School") and Science and Technology College of Hubei Minzu University (the "Central China School") (collectively, the "Schools"). Being the group with most extensive school network among the HK listed higher education companies, as a result of wide recognition of education quality and an increase in admission quota compared to the 2016/2017 academic year, the total number of enrolled students in the 2017/2018 academic year of the Group above increased to 54,290, representing an increase of approximately 16.9% year-on-year.

The total number of enrolled students of the Yunnan School and the Guizhou School, i.e. the Group's self-established schools, in the 2017/2018 academic year, increased to 39,226, representing an increase of approximately 17.2% as compared to 33,462 in the 2016/2017 academic year.

The average tuition fees of the Schools for the 2017/2018 academic year are expected to reach RMB11,562, representing an increase of approximately 7.7% as compared to the 2016/2017 academic year. Among which, the average tuition fees of the Yunnan School and the Guizhou School, the Group's self-established schools, in the 2017/2018 academic year are expected to reach RMB10,705, representing an increase of approximately 7.8% as compared to the 2016/2017 academic year.

The Group has obtained all necessary governmental approvals in 2017 for the increase in tuition fee for all the Schools owns and invests. Most college majors of the Schools have also seen an appropriate degree of increase in average tuition fees. The newly approved tuition fees are applicable to students newly enrolled in and after the autumn of the 2017/2018 academic year.

On 28 September, the school commencement ceremony of the Yunnan School and the Guizhou School were successfully held. All of the staff members, freshmen of Class 2017 and over 100 parents of freshmen from the Yunnan School attended the ceremony. As the first lesson for the freshmen in Yunnan School, the ceremony provided a platform for self-expression as well as a faster and better adaptation, and defining learning goals in school.

Meanwhile, Mr. Yu Dan, a well-known contemporary scholar and professor in Beijing Normal University, was invited to give a seminar on "The way of great learning consists in manifesting one's bright virtue" by the Famous Teacher Lectures Series of the Yunnan School.

The 2017 school commencement ceremony in the Guizhou School, consisting of elements liked Confucius worship, filial piety, respecting teachers, inspiration and success. The delegate congratulated the freshmen on their studies and success in opening a new journey, and expressed the heartfelt thanks to parents and teachers. Under the encouragement of school motto, "self-improvement, excellence and serving the country worthily", all of the students were expected to pursuit of excellence in the next three years and become the pillars of society.

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About China New Higher Education Group Limited
China New Higher Education is a leading private formal higher education group in China with nearly 20 years of education industry experience, specializing in providing higher education which focuses on applied sciences. The Group endeavors to help each student maximize his or her potential and live his or her life to the fullest. The Group's fundamental educational philosophy is mainly composed of two integral parts: (i) to nurture the growth of students, and provide education tailored to each student's individual needs and circumstances; and (ii) to equip students with practical and readily applicable skills that meet market demand. The Group currently operates and invests in four schools, namely the Yunnan Technology and Business University, the Guizhou Technology and Business Institute, the Science and Technology College of Hubei Minzu University and the Harbin Huade University in Southwestern, Central and Northeastern China, and the construction of Northwest School will commence in the second half of 2017.

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 job market. It achieved industry-leading graduate employment rates, with over 98% of its graduates from 2013 to 2015 by the end of their year of graduation, according to Frost & Sullivan. Furthermore, the Group is one of the fast-growing higher education groups focusing on applied sciences in China in terms of the number of students enrolled at the end of the past three school years, with its overall student enrolment growing from 46,460 in 2016/2017 academic year to 54,290 in 2017/2018 academic year, including total 39,226 students in Yunnan, and Guizhou school which the Group operated and total 15,064 students in Central China and Northeast school which the Group invested.

The press release is distributed by Wonderful Sky Financial Group Limited on behalf of China New Higher Education Group Limited.

For further information, please contact:
Wonderful Sky Financial Group Limited

Jacqueline Wong / Alice Wong /Cici Chen
Tel: (852) 3970 2177 / (852) 3970 2238/ (852) 3641 1331
Email: po@wsfg.hk / alicewong@wsfg.hk /cicichenc@wsfg.hk

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