Hailiang Education Group Inc. (NasdaqGM:HLG) signed an agreement to acquire Jinhua Hailiang Foreign Language School from Hailiang Education Investment Group Co., Ltd. for CNY 34 million on July 15, 2020. Hailiang Education Group Inc. (NasdaqGM:HLG) completed the acquisition of Jinhua Hailiang Foreign Language School from Hailiang Education Investment Group Co., Ltd. on September 16, 2020. The transaction received administrative approval on September 16, 2020. The acquisition will not affect JHFL's regular operation.