About CH XINHUA EDU Company

The history of China Xinhua Education Group Co., Ltd. (the “Group”) dates back to 1999, when Anhui Xinhua Group Investment Co., Ltd. was established. At the time, Anhui Xinhua Group Investment Co., Ltd. was an investment holding company in China, investing in various industries, including non-education businesses. Anhui Xinhua Vocational College was established in 2000, then changed its name to “Anhui Xinhua University” in 2005, and was approved to provide undergraduate education and higher vocational education. Xinhua School was established in 2002. According to Frost & Sullivan, the Group is the largest private higher education group in the Yangtze River Delta based on the number of full-time students enrolled in the Group's higher education courses as of December 31, 2016. The group operates two schools, namely Xinhua University and Xinhua School. As of 2017, Xinhua University and Xinhua School had a total of about 22,670 and 5,360 full-time students respectively. In addition, Xinhua University offers continuing education courses. As of 2017, a total of 5,605 students are enrolled in continuing education courses at Xinhua University. Both schools are boarding and equipped with campus dormitories. As of 2017, the campus covered an area of about 820,777.29 square meters, and occupied 59 buildings, with a total construction area of about 360,159.77 square meters. School facilities include classrooms, laboratories, training rooms, multimedia classrooms, administrative buildings and student dormitories, and staff apartments. By seizing and utilizing the opportunities created by China's economic development and China's market demand for professional and technical personnel, we have achieved steady development since the school was founded. While developing rapidly on its own, the Group is also actively participating in building a harmonious society and striving to give back to society. The Group is committed to the lofty ideal of “developing education to serve the country”, adhering to the public welfare nature of education, unswervingly developing education without national financial investment, and striving to provide more young people with equal opportunities to receive education. It has played a huge role in improving the quality of workers, promoting employment, service industry upgrading, and economic transformation. At the same time, the Group has also responded positively to the call of the Party and government to return and contribute to society through practical actions, and has donated hundreds of millions of yuan in the form of glorious undertakings, hope projects, reconstruction of disaster areas, tuition reduction, and financial aid for poor students. The Group has the ideal of serving the country in mind and shouldered the mission of revitalizing the country. The Group's business has continued to develop healthily and rapidly over the years, and the popularity of the Xinhua brand and enterprises has also continued to rise, winning recognition and praise from all levels of government and all sectors of society!