Hailiang Education Launches Online Platform to Support After-school Tutoring Services

HANGZHOU, China, Feb. 28, 2017 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education" or the "Company"), a provider of private K-12 educational services in China, today announced it has launched an integrated online course registration, payment and review platform in support of its after-school tutoring services. 

The newly launched online platform targets K-12 students, enabling them to review, register and pay for any of the Company's offline after-school tutoring programs. Utilizing existing faculty members as well as independent teachers, the Company offers tutorial services spanning a wide range of academic subjects and the arts. Tutoring services are open to Hailiang Education students as well as students from the community, with fees currently ranging from RMB1,500 to RMB5,500 , depending on the subject matter, course duration and instructional format.

Mr. Ming Wang, Chairman and Chief Executive Officer of Hailiang Education, commented, "We are pleased to enhance the support services surrounding our popular after-school tutoring programs by launching our online platform facilitating course registration, payment and review.  Featuring live customer service and support, the platform also allows us to collect valuable feedback from students and parents to continuously improve our program quality. The platform also further attests to our commitment to providing a superior learning experience to each of the students we serve."

"As we market our tutorial programs through our website, social media and various channels, we are confident this online platform will provide an efficient and attractive gateway for students utilizing our services.  We look forward to using technology in other ways to supplement and enhance the educational experience we offer to our students and to help us further capture the significant growth opportunities in China's K-12 education market," concluded Mr. Wang.

About Hailiang Education

Founded in 1995, Hailiang Education operates three centrally managed schools in Zhuji city, Zhejiang province: Hailiang Foreign Language School, Zhuji Private High School and Tianma Experimental School. Hailiang Education Park, the Company's newest campus, was opened in September 2015 and represents Hailiang Education's commitment in delivering comprehensive and high-quality educational programs. Hailiang Education offers a variety of educational programs, including basic educational programs and international programs at the kindergarten, primary school, middle school, and high school levels, as well as preparatory courses designed for university-bound students studying for A-level courses in the United Kingdom and the SAT examination in the United States.

For more information, please visit http://ir.hailiangedu.com.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's business strategies and initiatives as well as the Company's business plans; the Company's future business development, results of operations and financial condition; expected changes in the Company's revenue and certain cost or expense items; trends and competition in the education industry in China; general economic and business conditions in China; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

Contacts:

Mr. Bo Lyu
T: +86 571 5812-2010 
ir@hailiangeducation.com

Ms. Emilie Wu
The Piacente Group
T: +86 10 5730-6200 
hailiang@tpg-ir.com

Mr. Alan Wang
The Piacente Group
T: +1 212 481-2050 
hailiang@tpg-ir.com

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SOURCE Hailiang Education Group Inc.