Bright Scholar Education Holdings Limited reaffirmed its revenue guidance for the 2020 fiscal year and expects its revenue to be in a range of RMB 4.0 billion and RMB 4.1 billion for the 2020 fiscal year, representing a year-over-year growth of 56% to 60%, and its average student enrollment to be between approximately 53,200 and 53,600, representing a year-over-year increase
of 14% to 15%.

The Company also expects to open seven new kindergartens for the 2020 fiscal year.