|About China East Education Holdings Limited||We are the largest vocational training education provider in China with a market share of approximately 1.7% and 2.5% in terms of average students enrolled and revenue generated for the year ended December 31, 2017, respectively, according to the Frost & Sullivan Report.
We have a leading position in China in providing vocational training education in three segments, namely, culinary arts, information technology and internet technology, as well as auto services, where we ranked first in each segment in terms of average students enrolled for the year ended December 31, 2017, according to the Frost & Sullivan Report.
Headquartered in Hefei, Anhui province, we have established a nationwide school network consisting of 145 Schools in operation as of December 31, 2018 spanning 29 of the 31 provinces in mainland China and Hong Kong. We also provide secondary vocational education through 26 Schools. We operate our business and establish our Schools under five renowned school brands, namely, New East Culinary Education, Omick Education of Western Cuisine and Pastry, Xinhua Internet Technology Education, Wisezone Data Technology Education and Wontone Automotive Education. As of December 31, 2018, we also operated 18 customized catering experience centers under Cuisine Academy.
|Headquarter and Registered Office||Headquarter:
No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Hefei City, Anhui Province, PRC
Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands
|Principal place of business in Hong Kong||31/F, Tower Two, Times Square, 1 Matheson Street , Causeway Bay, Hong Kong|
|Joint Company secretaries||Mr. Mao Chaosheng / Ms. Leung Suet Wing (ACIS/ACS)|
|Authorised Representatives||Mr. Wu Wei
Mr. Mao Chaosheng
|Audit Committee||Mr. Hung Ka Hai, Clement(Chairman)
Dr. Zhu Guobin
Mr. Cheung Tsun Yung, Thomas
|Remuneration Committee||Dr. Zhu Guobin (Chairman)
Mr. Xiao Guoqing
Mr. Hung Ka Hai, Clement
|Nomination Committee||Mr. Wu Wei (Chairman)
Dr. Zhu Guobin
Mr. Hung Ka Hai, Clement
|Compliance Adviser||Haitong International Capital Limited|
|Hong Kong Share Registrar||Computershare Hong Kong Investor Services Limited|
|Principal Bankers||Industrial and Commercial Bank of China Limited Hefei Wangjiang Road Branch
China Construction Bank Corporation Hefei Huangshan West Road Branch
|Links to Group members and brands||Anhui Xinhua Education: www.xhe.cn
Xinhua Internet Technology Education: www.xhce.cn
New East Culinary Education: www.xdfce.cn
Wontone Automotive Education: www.wtqx.cn
Omick Education of Western Cuisine and Pastry: www.omick.cn
Wisezone Data Technology Education: www.hxzy.cn
Cuisine Academy: www.meiweixueyuan.cn
In view of future expansion and regularization of our current businesses, we established Anhui Xinhua Education in order to consolidate all our Schools under a single entity.
Recognizing the extensive future growth of automotive services market in PRC, we started to offer automobile repair and maintenance training programs under our newly established Wontone Automotive Education brand.
Recognizing the extensive future growth in the use of computers and technology in PRC, we acquired Wisezone Data Technology Education to provide short-term practical information technology programs for college students and people at work.
The number of our Schools in operation reached 27.
Anhui Xinhua Computer Institute obtained the ISO9001:2000 quality management system certification.
Langjie Technology was recognized as a high-tech enterprise by the Beijing Municipal Science & Technology Commission for a period of two years.
Wontone Automotive Education was awarded “National Model Vocational Training Group in Automobile Industry” by China Association of Automobile Culture* and China Auto Talents Training Project Committee.
The number of our Schools in operation reached 40.
Anhui Xinhua Computer Institute was appointed by the MHRSS to organize the “Developing Talent with New Skills for China New Project” and “Four New Talent Development Plan”.
New East Culinary Institute of Anhui Xinhua Education Development Co., Ltd. was elected as a standing council member of the China Hospitality Association in the first election of the fourth council meeting of the China Hospitality Association.
The number of our Schools in operation reached 71, and we expanded our business to Hong Kong.
The number of our Schools in operation reached 90.
We founded Omick Education of Western Cuisine and Pastry to offer high-quality western-style catering education.
The number of our Schools in operation reached 126.
We founded Cuisine Academy in 2017 with a view to providing customized catering experience to customers who are interested in cooking or plan to establish their own businesses in the catering industry.
Anhui Xinhua Education was recognized as a “National Demonstrative Training Base of National Catering Industry Talent” by the China Hospitality Association.
New East Culinary Education entered into a cooperation agreement with Johnson & Wales University in the US for academic exchange and program collaboration.
Langjie Technology was recognized as a high-tech enterprise jointly by the Beijing Municipal Science & Technology Commission, Beijing Finance Bureau, Beijing Municipal Tax Service of the State Administration of Taxation and Beijing Local Taxation Bureau for a period of three years.
Anhui Xinhua Education Development Co., Ltd. (as it then was) was named “Specially Invited Vice President Unit” for 26 months in the sixth council meeting of the China Cuisine Association*.
Anhui Xinhua Education was named “Outstanding Contributor for Talent Development for the Culinary Industry in China for 40 Years of Reform and Opening Up” by the China Cuisine Association and “Merit Enterprise for the Culinary Industry in China for 40 Years of Reform and Opening Up” by the China Hospitality Association.
The number of our Schools in operation reached 145 as of December 31, 2018, including 50 Schools under New East Culinary Education, 24 Schools under Xinhua Internet Technology Education, 26 Schools under Wontone Automotive Education, 23 Schools under Omick Education of Western Cuisine and Pastry and 22 Schools under Wisezone Data Technology Education.
The number of our customized catering experience centers under Cuisine Academy reached 18 as of December 31, 2018.