EQS-News : China New Higher Education Group -2-

Through replicating the teaching ideology, strengthening the internal management, improving the teaching quality, 
facilitating industry-academia-research integration development and cultivating results-oriented education, in 2020, 
the Group won 33 national awards and 377 provincial awards in the 44 national university student competitions 
recognized by the Ministry of Education. For example, the School of Group won Grand Prizes at the "Innovation, 
Creativity and Entrepreneurship" Challenge for National University Students in E-Commerce. 
 
Replication of employment system 
The Group has innovated the "Seven Clouds" employment methodology, launched Yangtze River Delta Regional Career and 
Innovation Center, and signed strategic cooperation and jointly build an industrial college with a number of leading 
enterprises in industries covering Huawei and JD.com which was copied to each school of the Group to realize 
coordinated education and joint training of the application-oriented talents among schools, government, business and 
enterprise. 
 
Replication of standardized process: 
Cooperating with renowned third-party enterprises covering Tsinghua Architectural Design Institute and China Academy of 
Architectural Sciences to carry out planning and design, the Group has formed a replicable group standardized 
construction system with excellent design, high quality, fast speed, continuing to enhance student-teacher experience. 
 
Replication of information management: 
The Group has deployed the most advanced OA and ERP system, BI data decision platform and TronClass platform in China, 
realizing full coverage of smart campuses and safe campus platforms, and facilitating the rapid replication of 
management, teaching, services and other abilities to its schools. 
 
Future Prospects 
 
Brilliant future of vocational education with favorable policies 
In mid-April, the National Conference on Vocational Education was held, which is a milestone for the development of 
vocational education. President Xi Jinping gave an important instruction on vocational education, emphasizing that 
vocational education has "a promising future and great potential"; Premier Li Keqiang gave a directive to strive to 
build a high-level technical and skilled talents training system, releasing a strong signal to the whole society that 
the state strongly supports vocational education, which is in line with the previous state support for the private 
sector to enter into the field of vocational higher education. 
 
From the current situation of higher education management practice in each place, provincial governments also encourage 
social forces to set up more undergraduate-level vocational and technical universities and vocational colleges, 
encourage qualified specialized vocational colleges to actively apply for vocational undergraduate programs, and 
encourage specialized-level vocational colleges to cultivate more high-quality technical talents. 
 
China New Higher Education Group is committed to cultivating students' own competitiveness, and will also actively 
respond to the call of the state and the government to make use of its strong centralized replication capability to 
promote the integration of industry and education and school-enterprise cooperation. Meanwhile the Group continues to 
increase teaching investment and improve the quality of the universities and colleges in all aspects to contribute to 
the development of vocational education in China, and cultivate more high-quality technical and skilled talents for 
regional development. 
 
Continuing to Firmly Insist on Higher Vocational Education 
At present, Cultivation of national technical and skilled talents is difficult and has been a long-term challenge to 
the government and the society, which need the support from social force and capital. Meanwhile, the private system has 
greater vitality to satisfy to the cultivation demand of technical and skilled talents with economic and social 
development. 
 
Recently, favorable policies about higher vocational education published frequently. The Group, with obvious advantages 
in collectivized school operation that can be replicated, shared and synergized, can give full play to the scale 
effect. Therefore, the Group will continue to firmly insist on higher vocational education and constantly contribute to 
the development of higher vocational education. 
 
Strong Organic Growth with Promising Value Investment 
Recently, the Group has already deployed layout for next academic year. In future, the Group will continue to provide 
high-quality teaching, employment, campus environment, student and teaching experience, adhering to Great Quality Great 
Price strategy which supports the growth of future tuition fee. Meanwhile, the Group will push forward the strategy of 
robust self-founding and acquisition, fully take its advantage of centralized replication capability to consolidate and 
enhance existing schools, to unleash full potential of the newly invested school and to improve the overall qualities 
of schools under the Group. The Group concerns both social and economic benefits and integrates them into development 
strategy setting and facilitates the execution of "Two-wheel Driven" business strategy. 
 
-End- 
 
 
About China New Higher Education Group Limited: 
 
China New Higher Education Group Limited is a leading private higher education group in China with nearly 21 years of 
education industry experience, specializing in providing higher education which focuses on applied sciences. The Group 
endeavors to help each student maximize their potential and live their life to the fullest. Since 2009, the Group has 
been operating schools in different provinces and regions, and its current school network covers 7 provinces in China, 
including Yunnan, Guizhou, Hubei, Heilongjiang, Henan, Guangxi, and Gansu. 
 
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 the job market. As 
a leader in high-quality employment, the Group won the title of the Top 50 National Employment of the MOE, with an 
average employment rate of above 97%. The Group became a constituent stock of the Hang Seng Composite Small Cap Index 
and the Hang Seng Consumer Goods & Services Index in the Hang Seng Composite Index Series in August 2017, and was 
included as a constituent stock of the MSCI China Small Cap Index in November 2017 and included as a constituent stock 
of Shenzhen and Hong Kong Stock Connect in March 2018. 
 
This 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 
Aileen Wang / Jing Chen 
Tel: [phone] 
Email: [e-mail] 
File: China New Higher Education Group Announces Interim Results of 2021 fiscal year 
27/04/2021 Dissemination of a Marketing Press Release, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
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(END) Dow Jones Newswires

April 27, 2021 03:56 ET (07:56 GMT)