Hailiang Education Group Inc. Acquires Jinhua Hailiang Foreign Language School

HANGZHOU, China, Sept. 18, 2020 /PRNewswire/ — Hailiang Education Group Inc. (Nasdaq: HLG) (“Hailiang Education”, the “Company” or “we”), an education and management services provider of primary, middle, and high schools in the PRC, today announced that the Company has signed a sponsorship transfer agreement (the “Agreement”) with its affiliate Hailiang Education Investment Group Co., Ltd. (“Hailiang Investment”) on July 15, 2020 to acquire Jinhua Hailiang Foreign Language School (“JHFL”) for a total consideration of RMB 34 million from Hailiang Investment. After obtaining the relevant administrative approval on September 16, 2020, Hailiang Education completed all the required process to obtain the sponsorship of JHFL from Hailiang Investment. Prior to this transaction, Hailiang Education provided operation management services to JHFL.

Located in Jindong District, Jinhua City, Zhejiang Province, China, JHFL is a private non-profit school sponsored by Hailiang Investment in 2018 and comprises primary and middle schools, which

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Hailiang Education Group Inc. Receives Multiple Awards in September 2020

HANGZHOU, China, Sept. 29, 2020 /PRNewswire/ — Hailiang Education Group Inc. (Nasdaq: HLG) (“Hailiang Education”, the “Company” or “we”), an education and management services provider of primary, middle, and high schools in the PRC, today announced it was awarded The Best China Concept Stock in Education Sector 2020 by Zhitongcaijing, a leading financial media agency in China. Additionally, at the 2020 (Fourth) China Brand Bo‘ao Summit, the Company received the Top 10 Influential Brands of Chinese Education Enterprises Award, and Mr. Junwei Chen, our Chairman and Chief Executive Officer, received the Outstanding Chinese Youth Award.

(PRNewsfoto/Hailiang Education Group Inc.)
(PRNewsfoto/Hailiang Education Group Inc.)

Mr. Junwei Chen remarked, “We are honored that Hailiang Education has been widely recognized. These awards underscore our strong history of combining education resources with scientific management, which resulted in our high-quality and diversified K12 education services that could benefit more students. Maintaining our market

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