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02001 NEW HIGHER EDU
2.520
+0.010+0.40%
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Business Unit:CNY

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FY: Financial Year Annual Report, which is equivalent to the 10-K file disclosed by the listed company to the SEC.

Q: Quarterly report, which is equivalent to the 10-Q file disclosed by the listed company to the SEC, where Q1, Q2, Q3, and Q4 are single quarterly reports with a span of 3 months; Q6 and Q9 are cumulative quarterly reports, and Q6 is 6 months , Q9 is 9 months.

Company Overview More
Founded in 1999, New higher Education Group is China's leading listed company of higher vocational education (stock code: HK.2001), with shareholders including JPMorgan Chase and other Fortune 500 companies, headquartered in Beijing. At present, eight universities (including 4 undergraduates and 4 junior colleges) have been invested and established in seven provinces across the country. they are Yunnan Institute of Industry and Commerce, Hubei Enshi College, Harbin Huade College, Lanzhou Institute of Information Technology, Guizhou Vocational College of Industry and Commerce, Luoyang Vocational College of Science and Technology, Guangxi Yinghua International Vocational College and Zhengzhou City Vocational College, with about 138000 students and a total of more than 300,000 students. The group adheres to the party's educational policy to lead the practice of running a school. Subordinate colleges and universities have successively won such honorary titles as "Advanced Units in Party Building work", "pioneering Advanced Schools for Excellence", "demonstration Units of Private Colleges and Universities", "excellent Builders of Socialism with Chinese characteristics" and "famous innovative Schools with National characteristics". While running a high-quality school, the group adheres to the concept of "no less" education and poverty alleviation, actively assumes social responsibility, and invests more than 7000 million yuan in poverty alleviation and student aid, which has been reported many times by People's Daily and Xinhua News Agency. In October 2018, Group Chairman Li Xiaoxuan, as the only representative in the field of private higher education, won the "National Poverty Alleviation Award" of the State Council. The Group adheres to the goal of training high-quality technical and skilled personnel. The group always adheres to the mission of "achieving students' dreams", adheres to the purpose of "educating people with the hearts of parents", and practices the educational concept of "cultivating people with morality, teaching students in accordance with their aptitude and applying their knowledge to application". Adhere to the integration of national strategy, regional development, industry progress, adhere to the sustainable and high-quality employment-oriented applied talent training model, adhere to connotation-driven development, and continuously enhance the professional competitiveness of students Graduates are well received by employers. The colleges and universities under the group have successively won the honorary titles such as "Top 50 National College graduates' Employment work", "Advanced Collective of General College graduates' Employment work", "National graduates' Employment typical experience University" and so on. The group is determined to become a respected first-class education group in China. As the forerunner of the collectivization of higher vocational education in China, the group's achievements in running schools over the past 20 years have been fully recognized by the central and local leaders at all levels. Liu Yandong, then vice premier of the State Council, Yan Junqi, then vice chairman of the National people's Congress, Yuan Guiren, former minister of education, and other leaders have visited the group's colleges and universities to investigate and guide the work, and spoke highly of the group's development achievements. The group has always persisted in contributing to the development of private higher education in China. Chairman Li Xiaoxuan is also vice president of China Education Development Strategy Society, vice president of China Private Education Association, vice chairman of China Applied Technology University (College) Alliance, vice chairman of China Union of non-profit private universities, executive director of China Private economy Research Association, director of China Vocational Education Society, vice chairman of Yunnan Youth Federation. He was cordially received by Premier Li Keqiang twice. In early 2018, Chairman Li Xiaoxuan was elected as a deputy to the 13th National people's Congress and became the only representative in the field of private universities. Facing the future, the group will not forget its original ideals and aspirations, forge ahead, actively explore new models and new paths for the development of modern higher vocational education, adhere to the development strategy of "one type and four modernizations" of application-oriented, collectivization, digitalization, internationalization and branding, seek new breakthroughs with "employment-driven, quality-driven and disciplinary action", and carry forward the enterprise spirit of "continuous self-improvement and the pursuit of excellence". Strive to train more qualified builders and reliable successors to realize the great rejuvenation of the Chinese nation "Chinese Dream".
CEO: Xiaoxuan Li
Market: Hong Kong motherboard
Listing Date: 04/19/2017
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