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    6169   KYG2120K1094

CHINA YUHUA EDUCATION CORPORATION LIMITED

(6169)
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China Yuhua Education : DESPATCH OF CIRCULAR - MAJOR TRANSACTION - ACQUISITION OF JINAN SHUANGSHENG EDUCATION CONSULTING CO., LTD.

11/29/2019 | 09:33am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CHINA YUHUA EDUCATION CORPORATION LIMITED

中國宇華教育集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6169)

DESPATCH OF CIRCULAR

MAJOR TRANSACTION

ACQUISITION OF JINAN SHUANGSHENG EDUCATION

CONSULTING CO., LTD.

Reference is made to the announcements of China YuHua Education Corporation Limited (the

"Company") dated 22 July 2019, 12 August 2019 and 13 August 2019 in relation to the acquisition of Jinan Shuangsheng Education Consulting Co., Ltd. ( 濟南雙勝教育諮詢有限公司 ) and the

despatch of circular (the "Announcements"). Capitalised terms used herein shall have the same meanings as those defined in the Announcements unless the context requires otherwise.

This announcement is made pursuant to Rule 14.36A of the Listing Rules.

As the Company is in the process of preparing and finalising certain information in the Circular, the Company has applied to the Stock Exchange for a waiver from strict compliance with Rule 14.41(a) of the Listing Rules and has obtained the approval from the Stock Exchange. The Circular is expected to be despatched to the Shareholders on or before 13 December 2019.

By order of the Board

China YuHua Education Corporation Limited

Li Guangyu

Chairman and Executive Director

Hong Kong, 29 November 2019

As at the date of this announcement, the Board comprises Mr. Li Guangyu, Ms. Li Hua and Ms. Qiu Hongjun as executive Directors; and Mr. Chen Lei, Mr. Xia Zuoquan and Mr. Zhang Zhixue as independent non-executive Directors.

Disclaimer

China Yuhua Education Corp. Ltd. published this content on 29 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2019 14:32:09 UTC


ę Publicnow 2019
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Financials
Sales 2021 2 705 M 418 M 418 M
Net income 2021 1 394 M 215 M 215 M
Net cash 2021 1 463 M 226 M 226 M
P/E ratio 2021 18,2x
Yield 2021 2,86%
Capitalization 24 288 M 3 128 M 3 751 M
EV / Sales 2021 8,44x
EV / Sales 2022 7,44x
Nbr of Employees 6 965
Free-Float 41,8%
Chart CHINA YUHUA EDUCATION CORPORATION LIMITED
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Technical analysis trends CHINA YUHUA EDUCATION CORPORATION LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 17
Average target price 7,86 CNY
Last Close Price 7,29 CNY
Spread / Highest target 20,3%
Spread / Average Target 7,84%
Spread / Lowest Target -6,23%
EPS Revisions
Managers and Directors
NameTitle
Hua Li Vice Chairman & Chief Executive Officer
Bin Xu Chief Financial Officer & Joint Secretary
Guang Yu Li Chairman
Lei Chen Independent Non-Executive Director
Zuo Quan Xia Independent Non-Executive Director