HANGZHOU, China, Aug. 11, 2016 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education" or the "Company"), a provider of private K-12 educational services in China, today congratulated graduates of its international program on their admission to leading international universities.
As of June 30, 2016, total student enrollment in Hailiang's international program was 1,913, representing a 39.5% increase from the prior year. For the 2015-2016 academic year, 223 students graduated from the international program, with more than half receiving admission offers from leading international universities, as of August 11.
These universities include (ordered by region and ranking[1]), but not limited to:
- Top U.S. universities: University of Washington, The Ohio State University, and University of California campuses in Davis and Irvine
- Top U.K. universities: University College London, University of Manchester, University of Leeds, University of Birmingham, and University of Warwick
- Top Australian universities: University of Melbourne, University of Sydney, University of Queensland Australia, and University of New South Wales
"I am very pleased with so many admission offers extended to our international program graduates by leading international universities. Congratulations to all our students on their achievements," commented Mr. Hongsheng Zhu, Principal General of Hailiang Education's international program. "While academic success is very important to our business, our mission is to develop a tailored educational program best suited for each of our students based on their personal interests, capabilities and career goals. We are also establishing an international alumni association to provide Hailiang students a world-class platform of assistance and networking as they pursue their international academic and career goals. Looking forward, we will remain committed to helping our students achieve their academic goals by providing high-quality education resources and unique learning environment."
Mr. Ming Wang, Chairman and Chief Executive Officer of Hailiang Education, added, "We believe our track record and focus on delivering high quality education will continue to drive student enrollment growth, enhance our brand reputation in the international education market, and support our long-term profitability."
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[1] Source: U.S. News Global Universities Rankings 2016 |
About Hailiang Education
Founded in 1995, Hailiang Education operates three centrally managed schools in Zhuji city, Zhejiang province: Hailiang Foreign Language School, Zhuji Private High School and Tianma Experimental School. Hailiang Education Park, the Company's newest campus, was opened in September 2015 and represents Hailiang Education's commitment in delivering comprehensive and high quality educational programs. Hailiang Education offers a variety of educational programs, including basic educational programs and international programs at the kindergarten, primary school, middle school, and high school levels, as well as preparatory courses designed for university-bound students studying for A-levels courses in the United Kingdom and the SAT examination in the United States.
For more information, please visit http://ir.hailiangedu.com.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's business strategies and initiatives as well as the Company's business plans; the Company's future business development, results of operations and financial condition; expected changes in the Company's revenue and certain cost or expense items; trends and competition in the education industry in China; general economic and business conditions in China; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Contact:
Mr. Bo Lyu
T: +86 575 8706-9788
ir@hailiangeducation.com
Ms. Emilie Wu
The Piacente Group
T: +86 10 6535-0148
hailiang@tpg-ir.com
Mr. Alan Wang
The Piacente Group
T: +1 212 481-2050
hailiang@tpg-ir.com
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SOURCE Hailiang Education Group Inc.
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