First High-School Education Group Co., Ltd. announced the establishment of the Beijing Long-Spring Ordinary-Vocational Education Integration Development and Research Institute (the "Institute"). In order to further serve the development of society and education in China, the Company hosted general forum on career possibilities of ordinary and vocational education and established the Institute. The goal of the Institute is to actively carry out research on the integration of ordinary and vocational education, and to promote the high-quality development of the related occupations. Through field research and study on successful domestic and foreign models, the First High-School Education Group intends to actively promote the expansion of comprehensive high schools with both ordinary and vocational education programs. The Company is now seeking opportunities in the society for cooperation on comprehensive high school projects. In order to further improve the strategic layout of school operation in central and western regions of China, and to seize the education development opportunities of the ordinary-vocational integration, the Company plans to open two new comprehensive high schools in 2022.