Virscend Education Company Limited (1565.HK) is an investment holding company that provides private education services in the People's Republic of China. The company operates high schools offering domestic and international programs including Advanced Placement (AP) and A-Level curricula; higher education through Chengdu Institute Sichuan International Studies University, which provides 34 undergraduate and 35 diploma programs in foreign languages and other disciplines, and Virscend University in Irvine, California, USA, offering Master and Bachelor of Business Administration programs; non-formal education services encompassing after-class tutoring, non-subject based activities, and one-stop comprehensive programs in commercial complexes featuring STEAM, sports, and Chinese culture courses; educational management and consultation services to public and private K-12 schools, kindergartens, and compound middle-high schools; school canteen operations and boarding services; and overseas studies consultation including profile enhancement and university placement support. It primarily serves students from kindergarten through university levels, targeting families seeking high-quality formal and supplementary education, with operations concentrated in five cities in Sichuan Province, China, Hong Kong SAR, and the United States; founded in 2000 and headquartered at No. 18 Sandongqiao Road, Jinniu District, Chengdu, China.
In recent developments, the company reported revenue growth of 13.5% to RMB1,083.7 million for the year ended August 31, 2025, driven by increased tuition, boarding, and canteen fees amid student enrollment rising to 34,518 across its network; expanded educational management services to 13 schools including two new kindergartens and one compound middle-high school in 2025; launched plans for a second one-stop comprehensive education site to double capacity in 2025; achieved top rankings for its AP/A-Level center in Southwest China and secured Ivy League admissions for international program graduates; and obtained full WSCUC accreditation for Virscend University in March 2024 while enhancing university course offerings with national and provincial first-class designations.