Scholar Education, the "Haidilao" in the Education and Training Sector, was Successfully Listed in Hong Kong, and FC Securities acted as the Lead Manager


On June 21, Scholar Education Group ("Scholar Education"; Stock Code: 1769.HK) was successfully listed on the Main Board of HKEx. First Capital Securities Limited, a subordinate company under First Capital Financial Group Co., Ltd. (“FC Financial Group”), which is a wholly-owned subsidiary of China First Capital Group Limited ("CFCG"; Stock Code: 1269.HK), acted as the lead manager in the transaction. Ms. Li Minwen, the Deputy Chief Executive Officer of CFCG and the Chairman and Chief Executive Officer of FC Financial Group, attended the listing ceremony with her investment banking teams.

In his speech, Mr. Chan Qiyuan, the Chairman and Executive Director of Scholar Education, said that today we are grateful that Scholar Education can stand on this legendary and hopeful stage in the hearts of countless people. From scratch, Scholar Education has developed into a listed company on the main board of HKEx today, which is a recognition of the efforts of the whole team. Mainland China has a vast market and is full of hope. Hopefully, the Scholar Education Team will be able to maintain a better state and combat effectiveness in the future to provide better service for more families in mainland China, and to provide the best return for the majority of shareholders and colleagues who believe in supporting Scholar Education.

On December 27, 2018, China Beststudy Education Group - the "South China Tiger" was listed in Hong Kong, becoming the first purely K-12 extracurricular training institution listed in Hong Kong. Today, Scholar Education is listed in Hong Kong, a recruit is increased to Hong Kong Stock K-12 education and training institutions. Scholar Education was established in 2012 in Shenzhen. As the "Haidilao" in education and training sector, it became a dark horse just in seven years, with its uniqueness attracts the attention of investors.

Scholar Education grows fastest among the five K-12 after-school education service providers in Guangdong Province, and forms a differentiated competitive advantage with characteristic service labels. Before 2016, there were only 16 learning centers for Scholar Education, which was expanded to 12 in 2016. By 2018, the number of learning centers had soared to 49. As of that last practicable date, it has open 61 learning centers in five cities in China, and plans to open about 95 learning centers in several city in Guangdong and Fujian provinces within three years. Scholar Education ranks second among K-12 after-school education service providers in Shenzhen in terms of revenues in 2018. In addition, a sound incentive system and management system will be designed to ensure that the Company provides high-quality services and good teaching effect in the rapid expansion of the same replicability, continuity, and then rapidly improve the network operation ability, maintain high-quality endogenous growth.

This time, Scholar Education was listed in Hong Kong, with the FC Securities acting as the Lead Manager, to actively seek the best investment strategy for Scholar Education. With the adjustment of the domestic industrial structure, the investment and financing needs of different enterprises began to diversify, according to FC Securities. 2018 was the strongest year for education companies to go public in Hong Kong for IPO. In the first half of 2019, the upsurge in listing in Hong Kong continued. China Gingko Education, China Kepei Education, Koolearn, China East Education and JH Education have landed on HKEx, adding help to the Education Listing Sector. The strong demand for mergers and acquisitions in the education sector has also brought investment banks new opportunities for development.

Under the demand of this kind of multivariate business, relying on the powerful resources integration strength of CFCG, FC Securities establishes the extensive and profound investor network, devotes to serving and connecting the resources of China and Hong Kong, provides the enterprise financing, the securities issuance, the underwriting, the investment consultation, the asset management, the wealth management, etc. for the numerous enterprises and customers. In order to tap and follow up the needs and difficulties of educational enterprises for a long time, CFCG provides comprehensive financial services for educational enterprises by making use of its unique advantages of operation in the education industry and "Education + Finance".

In the view of CFCG, different education dreamers are not forgetting to practice their education dreams at the beginning. Continuous exploration and innovation in their respective fields, for CFCG, education is a mission to stick to and change the fate of more people. While helping the growth of more educational enterprises, the Group hopes that through its own operation and management of the schools it has invested in, it will introduce more qualified teachers and curriculum development from well-known overseas schools, integrate Chinese and Western education, disseminate advanced educational ideas, study advanced teaching methods, practice advanced educational achievements, provide advanced educational services, and help more students and families gain better opportunities for education and development.