China General Education Group Limited
HHKEX:21752.60
HKD
+0.39
(+17.38%)
China General Education Group Limited
HKEX:2175
(Hong Kong Exchange)
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2.60
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- Business
- China General Education Group Limited (2175.HK) is a Cayman Islands-incorporated investment holding company primarily engaged in providing private higher education services in the People's Republic of China. The company operates Shanxi Technology and Business College, a private undergraduate institution offering bachelor's degree programs focused on application-oriented education to equip students with practical career skills; it also provides education management services, including course optimization, practical training programs, entrepreneurship and innovation courses, and industry collaborations for joint program development. The college maintains two campuses, Longcheng and Beige, and primarily serves the domestic market in Shanxi Province from its headquarters at No. 99 Wucheng South Road, Xiaodian District, Taiyuan; founded in 2004, it operates as a subsidiary of Niusanping Limited with approximately 1,690 employees. In November 2025, the company entered into an Equity Purchase Agreement to acquire 100% equity interest in Guangzhou Tongmeng Art Education Consulting Co., Ltd., a discloseable transaction under Hong Kong Stock Exchange rules that will make the target a wholly-owned subsidiary and consolidate its financial results into the group; the acquisition, valued with structured payments including a fourth tranche of CNY 78 million potentially settled in cash or Consideration Shares, remains subject to conditions such as audit reports, management changes, compliance, debt settlements, and asset handovers, with the target's trailing revenue of CNY 68.32 million and net income of CNY 14.36 million as of August 31, 2025.