Bright Scholar Education Holdings Limited announced that it entered into agreements with Yiwu City Government to operate a K-12 school in Yiwu City, Zhejiang Province. The Yiwu Bright Scholar School will provide bilingual education for kids from grade 1 to 12 with a total capacity about 3,300. The agreement was signed on January 22, 2021 in Yiwu City (the "City"), the world largest small commodities market. In the signing ceremony, Mr. Yi Lin, Party Chief of Yiwu City introduced the significant achievement of the City in transforming and improving the Infrastructure and the business environment since the establishment of its status as pilot free economic zone. He indicated he has great hopes that the Yiwu Bright Scholar school would further help the City to improve the education quality and to better serve the local students. Mr. Lin conveyed his best wishes to the collaboration and believed this would be the starting point for the two parties to deepen cooperation in the future.