China Education Group Holdings Limited (stock code: 839), a leading large-scale private higher education group in China, was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited at 9:30am today, under the stock code 839 with a board lot of 1000 shares. BNP Paribas Securities (Asia) Limited is the Sole Sponsor of the Global Offering.

China Education's Executive Director and co-chairman of the Board of China Education, Mr. Yu Guo comments, "The successful listing on the SEHK marks a bright step into the international capital market, and it is also a key milestone towards succeed for China Education. We are very honored to receive wide support from our investors. The offer shares of China Education have been well received under both Hong Kong public tranche and International tranche, which representing well recognition in the capital market. This result revealed the full confidence of the investors in the growth of the Company and private higher education sector. Looking forward, China Education's vision is to become a global leading education group and also plan to further solidify our competitive advantages in the private higher education market and maintain our market leading position so as to upgrade our brand to an international education brand name which reflects top recognition in the domestic market and strong competitiveness in the global market. China Education will strive to enhance its ability to provide quality higher education services to a significant size of student groups and maintain high graduate employment rate."

China Education's mission is to pioneer excellence and innovation in education and its fundamental educational philosophy is to prepare students for success through excellence and innovation in education. As an educational service provider, China Education has committed to providing advanced higher education to students in China through student-centred teaching strategies and methods. Jiangxi University of Technology has been ranked No. 1 in terms of the overall competitive strengths in the Private University and College Ranking of China since 2009. Guangdong Baiyun University has been ranked No. 1 in terms of overall competitive strengths among top 10 private universities and colleges in Guangdong province for ten consecutive years from 2005 to 2014. Baiyun Technician College has been ranked No. 1 in terms of educational competitive strength among technical schools in Guangdong province for seven consecutive years from 2008 to 2014.

China Education's Executive Director and co-chairman of the Board of China Education, Mr. Xie Ketao comments, "Since our humble beginnings in 1999, China Education are committed to providing advanced higher education to students through student-centered teaching strategies and methods. Besides, China Education strive to integrate education, research and application to produce practical and workforce-ready graduates from a broad range of academic programmes, which will well-equip them to excel in a technologically driven world. Leveraging our leading market position in domestic private higher education industry through our extensive school management experience and advanced operating model, we believe that we will be able to capitalize the opportunities brought by the highly fragmented private higher education industry in China and the trend of industrial consolidation to boost our future growth, actively seek M&A opportunity as well as maximize the return of investors."

About China Education Group Holdings Limited

China Education Group Holdings Limited is a leading large-scale private higher education group in China, focusing on offering high quality education through innovation. The Group is now operating three schools, namely Jiangxi University of Technology, Guangdong Baiyun University and Baiyun Technician College, with the aggregate number of students enrolled at the schools amounted to 76,204 in 2017/2018 school year. The Group offers 80 bachelor's degree programmes, 32 junior college diploma programmes and 108 vocational education programmes. The disciplines provided by the group cover 97.7% undergraduate students and 91.9% junior college students in China, respectively. The Group emphasises the teaching of practical skills and knowledge and focuses on workplace simulation training to improve the employability of its graduates. Leveraging the Group’s strong relationship with over 400 enterprises and its student-centered career services, the Group stands out among private universities and colleges in China with high graduate employment rate.