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Tuesday, 27 August 2019, 10:27 HKT/SGT

Source: Edvantage Group Holdings Limited
Huashang Vocational College Student Enrollment from 2019 College Entrance Examination (Summer) Ranked First among Top Six Private Vocational Colleges
- Admission Score Rose with Enrollment Expansion
- Student Enrollment Up Substantially by 53% YOY

HONG KONG, Aug 27, 2019 - (ACN Newswire) - Edvantage Group Holdings Limited ("Edvantage Group" or the "Company", stock code: 0382.HK), the largest private higher education group in the Greater Bay Area in terms of total student enrollment of business majors for the 2017/2018 school year and an early mover in pursuing international expansion, is pleased to announce today that, Guangzhou Huashang Vocational College ("Huashang Vocational College" or the "Vocational College") , presented a sound results in the 2019 Guangdong Province Higher Vocational (Junior College) batch admission. Vocational College's admission score line rose while the enrollment expanded, and the student enrollment recorded a substantial increase as well.

"Campus Sharing" and "Junior college to bachelor's degree transfer programmes" creating synergies, admission score line rose while the enrollment expanded, students enrolled went up substantially by 53% YOY

Recently, the admission lines of 2019 Guangdong Province's Higher Vocational (Junior College) batch unveiled in succession. This year, the enrollment quota for higher vocational colleges expanded by 1 million in China and expanded by 80,000 in Guangdong Province, the enrollment score line of the Huashang Vocational College witnessed a rise. The minimum score line for liberal-and-arts majored students was 372, exceeding the provincial line by 202 points and up by 40 points compared with last year. The minimum score line for science majored students was 272 points, 112 points higher than the provincial line and up by 67 points as compared with last year. In 2019, the Huashang Vocational College admitted a total of 5,489 students, presenting a significant increase of 53% YOY.

The Company believes that the Vocational College's continuous rising in the score line and the number of admission were mainly benefited from the synergy effect between its "Campus Sharing" and "Junior college to bachelor's degree transfer programmes". The Huashang Vocational College offers "Junior college to bachelor's degree transfer programmes" courses to enable junior college students to continue their studies as a third-year undergraduate at the Huashang College Guangdong University of Finance and Economics ("Huashang College"), a college to offer undergraduate education operated by the Edvantage Group. The undergraduate degree would be awarded by the Huashang College after 2 years of courses. In addition, Huashang Vocational College and the Huashang College share a campus, making it easier for students to "transfer" to bachelor's degree. In recent years, both the numbers of students transferred to bachelor's degree and students transferred to Huashang College have witnessed year-by-year increases. In 2019, there were 666 students applied for "Junior college to bachelor's degree transfer programmes", and 305 students were admitted. The number of students admitted to Huashang College was 254, accounting for 83.55% of the number of students admitted, as a vivid testimony of the advantages of "Junior college to bachelor's degree transfer programmes".

Huashang Vocational College's 2019 summer students enrollment ranked first of top six private higher education institutions

In addition, during the enrollment for students passing the 2019 College Entrance Examination (Summer), only 6 institutions among all the private vocational colleges in Guangdong Province have met their enrollment quota in the first round of admission, among which the Huashang Vocational College had the most students admitted.

2019 Summer Vocational College Entrance First Application Statistics of Guangdong Province with Full Admission in Both Liberal Arts and Sciences.
No. Colleges Application
1. Guangzhou Huashang Vocational College 1878
2. Vocational College A 1395
3. Vocational College B 794
4. Vocational College C 605
5. Vocational College D 534
6. Vocational College E 427
(Source: Southern Metropolis Daily, 2019-08-23 17:57)

Guangzhou Huashang Vocational College is located in Zengcheng District, Guangzhou, Guangdong Province, founded in 2009. Huashang Vocational College is a full-time, higher vocational college approved by the Guangdong Province Government and recognised by Ministry of Education , owing 13 faculties & departments and offering 34 majors including business, economics and management, among others. Huashang Vocational College designs its curriculum, career training and career advising programmes by focusing on profession-oriented, practical learning and training content with a distinct emphasis on specific industry verticals. For the 2015/2016, 2016/2017 and 2017/2018 school years, the Initial Employment Rate of Huashang College was 98.3%, 97.4%, and 96.2%, respectively.

Mr. Liu Yung Chau, Executive Director and chairman of the Board of Edvantage Group Holdings Limited, said: "Since its establishment, Huashang Vocational College and Huashang College have shared the same campus, which has enabled the two schools to exert a strong integration advantage and synergy effect, providing students with more diverse educational opportunities and experiences, and bringing a well-recognized brand reputation of Huashang in the education industry. This year marks the 10th anniversary since the establishment of the Huashang Vocational College, and the recruitment and admission work this year has presented itself a beautiful gift for the anniversary. This is a high recognition on our school and our development strategy. As the leading provider of private business higher education in the Greater Bay Area, we will continue the work to cultivate talents for the society, help students develop promising career path when they graduate, grasp the employment opportunities emerging in the Greater Bay District, and bring satisfactory returns to 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 27, 2019 10:27 HKT/SGT
Topic: Press release summary
Sectors: Daily Finance, Daily News
From the Asia Corporate News Network

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