- Business
- China Xinhua Education Group Limited (2779.HK) provides application-oriented formal higher and secondary vocational education services in the People's Republic of China. The company operates four private educational institutions: Anhui Xinhua University, which offers undergraduate and junior college programs in engineering and management, economics, education, literature, medical studies, and arts; Clinical College of Anhui Medical University, providing undergraduate courses including clinical medicine, pharmacy, public affairs management, nursing, biomedical engineering, rehabilitation therapy, and medical imaging technique; Nanjing University of Finance & Economics Hongshan College, focusing on economic management with literature and law characteristics; and Anhui Xinhua School, a full-time secondary vocational school offering programs such as general secondary vocational, undergraduate-oriented secondary vocational, and five-year junior college-oriented secondary vocational education. It generates revenue primarily from tuition fees and boarding fees, with additional income from rental and property management, service fees, government grants, and interest; it also provides technical and management consultancy services. The company, founded in 1999 and headquartered at No. 555 Wangjiangxi Road, Hefei, Anhui Province, primarily serves the Yangtze River Delta region and targets students seeking practical skills for employment in mainstream subjects and high-demand areas. In recent developments, it added five new Sino-foreign cooperative education programs, established the University of Malaya Preparatory Center and China-Thailand International Education Cooperation Base, and deepened collaborations with universities in the UK, Mongolia, Malaysia, Thailand, and Indonesia; it launched the Huawei ICT Industry College, added 171 industry-academia-research projects, 33 social service projects, and 29 cooperative education bases, obtained approvals for four national-level and 14 provincial-level first-class undergraduate programs, and continues prepayments for acquiring and constructing campuses for Jiangsu School and Anhui School.