Hailiang Education Group Inc. announced that the Company has entered into a cooperation agreement with Yantai Nanshan Donghai Foreign Language School ("Donghai School") and Longkou Donghai Kindergarten ("Donghai Kindergarten") on July 11, 2021. Pursuant to the Agreement, Hailiang Education agrees to provide education and management services to the two private schools. Located in Donghai Development Zone, Longkou City, Yantai City, Shandong Province, China, Donghai Kindergarten and Donghai School are modern schools invested and built by Nanshan Group in 2002. Nanshan Group is a global conglomerate enterprise and one of China’s Top 500 companies. Donghai Kindergarten and Donghai School offer kindergarten, primary, middle, and high school education services respectively. With a site area of over 230,000 square meters and a floor area of about 100,000 square meters, the two private schools have beautiful campuses equipped with first-class facilities. At present, there are almost 4,000 students enrolled in the two private schools.