According to the Frost Sullivan report, in terms of the number of full-time students in the 2019 ╱ 2020 academic year, China South China Vocational Education Group Co., Ltd. ("the Company") together with its subsidiaries (collectively referred to as the "Group") is the largest private diploma vocational education service provider in the Greater Bay area and the fifth largest in China, according to the number of students in that year. It accounts for about 5.8% and 0.5% of the market share in the Greater Bay area and China respectively.
As at the date of this report, the Group operates two schools in Dawan District, China, namely Guangdong Lingnan Vocational and Technical College ("Lingnan Vocational and Technical College") and Guangdong Lingnan Modern technician College ("Lingnan Modern technician College"). In the 2021 ╱ 2022 academic year, the Group mainly provided vocational education to 25797 full-time students enrolled in our school, of whom 72.7% majored in TMT industry and large health industry related majors.
The Group mainly provides students with comprehensive and diversified academic and vocational education courses. During the track record period (as defined below), the Group operated Lingnan Vocational and Technical College and Lingnan Modern technician College. The Group refers to the provision of such educational services as "main business".
Lingnan Vocational and Technical College: a private vocational education institution with two campuses, one located in Guangzhou City, Guangdong Province ("Guangzhou Campus") and the other in Qingyuan City, Guangdong Province ("Qingyuan Campus"). The college mainly offers college courses. College courses are usually three-year. Most graduates usually apply for jobs after graduation, while a few continue to pursue bachelor's degree education. On December 31, 2021, Lingnan Vocational and Technical College has 12 secondary colleges, offering more than 45 majors covering a wide range of disciplines, including but not limited to electronic engineering technology, e-commerce, computer network technology, cloud computing technology and applications, health management and pharmaceutical production technology; and
Lingnan Modern technician College: a private vocational education institution located in Guangzhou, providing students with vocational education and training in different industries. It mainly provides secondary vocational courses and higher vocational courses. Secondary vocational courses are usually three-year. Most graduates of secondary vocational courses usually apply for jobs after graduation, while a few continue to pursue accelerated post-secondary courses for a period of two years. Higher vocational courses are usually three-year. Most graduates usually apply for jobs after graduation, while a few continue to pursue a two-year accelerated post-secondary course. Graduates of secondary vocational courses and higher vocational courses of the same major usually have the same job nature and similar responsibilities, but graduates of higher vocational courses are usually more advanced in terms of technical expertise and training. On December 31, 2021, Lingnan Modern technician College has seven departments offering more than 25 majors, including advertising design, computer network applications, computer programming, digital media applications and cross-border e-commerce.
In addition to its main business, the Group also generates revenue from a number of supplementary education services, mainly continuing education courses and other education services. The Group operates continuing education courses through Lingnan Vocational and Technical College, which mainly includes two plug-in programs (that is, self-examination programs and self-examination programs) and adult education programs. Other education services mainly include examination preparation and training services relating to vocational skills identification and professional qualifications and certificates provided by the Group for school students. In this report, the Group refers to these education services as our "supplementary education services".
CEO： Huishan He
Market： Hong Kong motherboard
Listing Date： 07/13/2021