Hong Kong Exchanges and Clearing : 2019 INTERIM REPORT

China Kepei Education Group Limited

中國科培教育集團有限公司

(Incorporated in the Cayman Islands with limited liability)

（於開曼群島註冊成立的有限公司）

Stock Code 股份代號: 1890

2019

INTERIM

REPORT

中期報告

Contents

	2	Corporate Profile
	3 - 4	Corporate Information
	5	Financial Highlight
6	- 16	Management Discussion and Analysis
17	- 21	Corporate Governance and Other Information
22	- 23	Unaudited Interim Condensed Consolidated
			Statement of Profit or Loss and Other
			Comprehensive Income
24	- 25	Unaudited Interim Condensed Consolidated
		Statement of Financial Position
26	- 27	Unaudited Interim Condensed Consolidated
			Statement of Changes in Equity
28	- 30	Unaudited Interim Condensed Consolidated
			Statement of Cash Flows
31	- 58	Notes to the Unaudited Interim Condensed
			Consolidated Financial Statements

Corporate Profile

China Kepei Education Group Limited (the "Company"), together with its subsidiaries (collectively referred to as the "Group","we", "our" or "us"), is a leading provider of private higher education in South China focusing on profession-oriented education. As of 30 June 2019, we had an aggregate of 52,960 students enrolled at the schools we operated, namely, Guangdong Polytechnic College and Zhaoqing Science and Technology Secondary Vocational School* (肇慶市科技中等職業 學 校) ("Zhaoqing School"), both of which are located in Zhaoqing City, Guangdong Province.

We are committed to providing students with high-qualityprofession-oriented education and help them meet the growing and changing market demand. We focus on engineering majors in order to better capture local employment demands, balanced with economics, management, education and art majors to offer well-rounded education services. We endeavor to provide students with various profession-oriented training and internship opportunities in collaboration with research institutions and enterprises, through which we foster practical skills and market competitiveness of our students. We have also built our reputation on the high initial employment rate of our graduates. For the 2017/2018 school year**, Guangdong Polytechnic College had 1,023 graduates from its undergraduate programs, achieving an initial employment rate of 96.8%.

Through over 19 years of private higher education operation in South China, we believe that we have established a strong reputation, which helps us attract high-quality students and teachers and pave the way for our success. We intend to maintain and strengthen our market position in the private higher education industry in China.

• for identification purpose only
• a school year generally starts from September 1 of each calendar year to August 31 of the following calendar year

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Corporate Information

BOARD OF DIRECTORS

Executive Directors

Mr. Ye Nianqiao (Chairman and Chief Executive Officer) Dr. Zhang Xiangwei

Mr. Zha Donghui

Ms. Li Yan

Mr. Ye Xun

Non-executive Director

Mr. Wang Chuanwu

Independent Non-executive Directors

Dr. Xu Ming

Dr. Deng Feiqi

Dr. Li Xiaolu

AUDIT COMMITTEE

Dr. Xu Ming (Chairman)

Mr. Wang Chuanwu

Dr. Deng Feiqi

REMUNERATION COMMITTEE

Dr. Deng Feiqi (Chairman)

Mr. Zha Donghui

Dr. Li Xiaolu

NOMINATION COMMITTEE

Mr. Ye Nianqiao (Chairman)

Dr. Deng Feiqi

Dr. Li Xiaolu

JOINT COMPANY SECRETARIES

Ms. Li Yan

Ms. Leung Suet Wing

AUTHORIZED REPRESENTATIVES

Mr. Ye Nianqiao

Ms. Leung Suet Wing

REGISTERED OFFICE

Maples Corporate Services Limited

P.O. Box 309, Ugland House

Grand Cayman, KY1-1104

Cayman Islands

HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS IN THE PRC

Qifu Road

Gaoyao District

Zhaoqing City

Guangdong Province

PRC

PRINCIPAL PLACE OF BUSINESS IN HONG KONG

31/F, Tower Two, Times Square

1 Matheson Street

Causeway Bay

Hong Kong

CAYMAN ISLANDS SHARE REGISTRAR AND TRANSFER OFFICE

Maples Fund Services (Cayman) Limited

PO Box 1093, Boundary Hall

Cricket Square

Grand Cayman, KY1-1102

Cayman Islands

China Kepei Education Group Limited I Interim Report 2019

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