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Tuesday, 13 August 2019, 08:37 HKT/SGT
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Source: Edvantage Group Holdings Limited
Edvantage Group Announced Historic High in Huashang College's 2019 Student Enrollment
Enrolled 8,178 Students, Up Substantially by Approximately 36% YOY

HONG KONG, Aug 13, 2019 - (ACN Newswire) - Edvantage Group Holdings Limited (Stock code: 382.HK), the largest private higher education group in the Greater Bay Area in terms of total student enrolment of business majors for the 2017/2018 school year and an early mover in pursuing international expansion, is pleased to announce today that, Huashang College Guangdong University of Finance and Economics ("Huashang College"), a private higher education institution the Company operates in Guangdong Province, China, has finished its enrollment and admission works for all kinds of students for 2019 in an orderly and efficient manner. A few days ago, the last batch of admission letters have been sent to students.


(The third from right, first line) Mr. Liu Yung Chau, Executive Director and chairman of the Board of Edvantage Group inspecting the enrollment


Huashang College is an independent college that Edvantage Group operates in Guangzhou, Guangdong province, providing formal undergraduate education. The College is organised into 3 schools and 11 departments, offering 31 bachelor's degree programmes and over 780 courses. With a mission to "cultivate professional talents for the Greater Bay Area", the College strategically focuses its programme offerings to cater to market demand fuelled by the growing service sector. As of 28 February 2019, Huashang College had a total full-time student enrolment of 22,639.

2019 Enrollments recorded a historic high, with the College's admission scores exceeding provincial standard significantly

For this year, Huashagn College enrolls students from 15 provinces and regions, with the number of students outside Guangdong reaching 400, recording the highest for years. In sight of the number of students, the College newly enrolled a total of 8,178 students*, increasing by approximately 36% from 6,021 students for last year. Among all, the enrollments through the National Higher Education Entrance Exam recorded 6,348 students, 5,948 of which are from Guangdong province (up by approximately 3% from 5,761 students last year) and 400 are from other provinces (up by approximately 54% from 260 students last year). The enrollments through the National Entrance Examination for Chinese Students from Hong Kong, Macau, Taiwan and Overseas and the enrollments for Taiwan students exempt from admission exam recorded 14 in total, representing an increase of approximately 100% comparing with the 7 students for last year. Moreover, the College has been ranking the first among the universities in Guangdong for several consecutive years, in terms of enrollments for liberal-and-art majored student through the National Higher Education Entrance Exam in Guangdong province.

In sight of admission standards, Huashang College's admission scores in Guangdong province is higher than the last year, representing a better quality of students. Among others, the College's admission score for liberal-and-art majored, science majored and fine-arts majored students in Guangdong are 486, 418 and 459 respectively, representing 31, 28 and 39 points higher than the provincial admission line for university respectively. In other provinces, the College also enjoys a high popularity among students. With its admission scores significantly higher than the provincial admission lines in the provinces and regions, Huashang College is able to improve the quality of its students substantially. For example, the College's admission scores for science majored, liberal-and-art majored, and fine-arts majored students have exceeded the provincial admission lines by 76 points, 56 points and 66 points respectively.

As of 28 February 2019, the College's top five majors in terms of student enrolment were accounting, English, international economics and trade, financial engineering and Chinese literature. Among all, its accounting major was recognized as one of the "featured key disciplines" and the journalism major was recognized as one of the "key development disciplines" by the Education Department of Guangdong Province. During the enrollment, the College's featured key disciplines, key development disciplines and other featured disciplines such as Finance and Economics, Commerce, Languages and Arts enjoyed high popularity among students in all provinces.

Besides, Huashang College is widely recognized for its international education system, which provides a variety of study abroad programmes, ranging from short-term study tour programmes to two-year study abroad mutual credit-recognition programmes, and enabling its students to gain valuable exposure to international communities and markets while developing their professional skills with a global prospective. Such programmes were also deeply loved among the parents and students.

During the enrollment, Mr. Liu Yung Chau, Executive Director and chairman of the Board of Edvantage Group Holdings Limited, said: "It has been over a decade since Huashang College's establishment, during which we have been pursuing the quality of education and a student-oriented strategy. Focusing on profession-oriented, vocational training and practical skill-based training, we have embraced the enthusiasm and recognition from the market. This year, we are proud to have recorded outstanding performances in terms of enrollment, which is not only a testimony for our education quality, but also a hint for the large growth potential of the private higher educational market in the Greater Bay area. As a leading provider of private higher education in business majors in the Greater Bay, we will spare no efforts in cultivating talents for the society and bringing remarkable returns to our investors."

About Edvantage Group Holdings Limited
Edvantage Group Holdings Limited ("Edvantage Group" or the "Company", stock code: 382.HK) is the largest private higher education group in the Greater Bay Area (in terms of total student enrolment of business majors for the 2017/2018 school year), and an early mover in education sector in pursuing international expansion. With a sizeable student base, the Company operates with economies of scale. The Edvantage Group currently operates two private higher education institutions located in Guangdong Province, China, namely Huashang College and Huashang Vocational College. Huashang College and Huashang Vocational College focus their programme offerings on business programmes, such as accounting, finance, economics and business English, and strive to help students to achieve employment prospects when they graduate, and to benefit from the availability of employment opportunities in the Greater Bay Area. The Company also operates a private vocational education institution named Global Business College of Australia ("GBCA") in Australia, offering vocational education courses and non-formal short-term courses aiming to provide students with competitive advantages and global prospective. GBCA is a registered training organization authorized by ASQA. The Company believes that GBCA represents a replicable example for its future international expansion, and the Company is exploring international opportunities in the United Kingdom and Singapore.



Aug 13, 2019 08:37 HKT/SGT
Topic: Press release summary
Sectors: Daily Finance, Daily News
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