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China Vocational Education's Affiliate Bags Bid for China Land for Campus Construction
C VOCATIONAL ED (01756.HK) plans to acquire land use rights in Jiangmen City, China.
Gelonghui, February 26 - C VOCATIONAL ED (01756.HK) announced that on February 26, 2025, the company's comprehensive accounting related entity, Huazhi College, signed a confirmation letter with the Jiangmen Public Resources Center and its Xinhui Branch. Accordingly, the Jiangmen Public Resources Center and its Xinhui Branch have confirmed, and Huazhi College has acknowledged that it has won the land use rights for this land at a total price of 83.0445 million yuan. As a result of this bid, Huazhi College expects to sign a contract for the allocation of state-owned land use rights with the Jiangmen Resource Bureau within six business days after the confirmation letter is signed. This land will be used for the establishment of Huazhi College in Jiangmen City, China.
Express News | China Vocational Education - Acquisition of Land Use Rights in Jiangmen City, PRC for RMB83 Mln
CITIC SEC: "The arrival of Deepseek Singularity" will likely accelerate the commercialization phase of Education + AI by 2025.
Xin Securities published a Research Report stating that recently, companies in the Education sector have been embracing Deepseek, and the strong reasoning capability of AI large models is expected to accelerate the commercialization phase of Education + AI.
Hong Kong stocks fluctuated | Education stocks surged in early trading, TIANLI INT HLDG (01773) rose nearly 6%, NEW ORIENTAL-S (09901) rose nearly 6%.
Education stocks rose broadly in early trading. As of the time of writing, TIANLI INT HLDG (01773) is up 5.9%, trading at 4.13 HKD; NEW ORIENTAL-S (09901) is up 3.8%, trading at 47.75 HKD; FENBI (02469) is up 2.87%, trading at 2.51 HKD; CHINA EAST EDU (00667) is up 1.97%, trading at 2.59 HKD.
C VOCATIONAL ED (01756.HK) plans to rename itself as "China Science and Education Industry Group Co., Ltd."
Gelonghui, December 19 - C VOCATIONAL ED (01756.HK) announced that the Board of Directors proposed (i) to change the company's English name from "China Vocational Education Holdings Limited" to "China Science and Education Industry Group Limited"; and (ii) to change the company's Chinese dual foreign name from "中国职业教育控股有限公司" to "中国科教产业集团有限公司".