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First High School Education Group announced a strategic partnership with Fuhang Capital to support interdisciplinary education funding initiative

First High School Education Group announced a strategic partnership with Fuhang Capital to support interdisciplinary education funding initiative

First High-School Education Group, Ltd., BEIJING, Sept. 15th, 2021 /PRNewswire/ -- First Class Education Association, Inc. (NYSE: FHS), the largest private high school operator in Western China and the third largest in China. [1] Today announced that its lly-owned subsidiary, First High-School Group Hong Kong Limited, has entered a strategic partnership agreement with Sichuan Fuhang Capital Equity Investment Fund Management Co., Ltd. Founded in 1980, the fund was created to promote a prosperous private high school education industry with strong regional cooperation and competitiveness.

The Fund, upon establishment, aims to empower projects with high quality educational content production capabilities and cutting-edge technology. With a focus on online-merge-offline learning as if - and purely in focus, the

Mr. Lidong Zhu, senior vice president and chief financial officer of First High School Education Group, commented: "We're excited about the expected establishment of the Fund and the impact it will have on the education industry. Once established, the fund will become a reliable long-term partner as well as supporting the growth of education industry. The focus is on education project investments.

The fund will be actively involved in the project and provide guidance and expertise to support investment projects in depth. We hope to collaborate with First High School Education Group to create high school education with strong regional cooperation and competitiveness. With the opportunities that could be gained for the advancement and optimization of high-quality education development through favorable policies and current private high education

About Fuhang Capital, About Capital of Fuzhou.

Fuhang Capital is a multi-owner asset management and capital operations institution established under the construction of the Chengdu-Chongqing Economic Zone and the China-China-Chinese Double City Economic Circle. Fuhang Capital offers a variety of value-added services, including investment financing and advisory services through its extensive business portfolio and highly market-oriented mechanisms. Fuhang Capital managed four funds with a paid-in scale of over RMB3.5 billion as of December 31, 2020 and raised RGB12.1 billion for local economic development through its investment and financing advisory services.

About First High School Education Group, about High-School Education.

First High School Education Group is the largest private school operator in Western China and the third largest company in China. [2] . The Company wants to become a leader and innovator in private high school education in China, with its focus on comprehensive education management, and integration of education information consulting, education research project development, educational talent management and education technology management. For more information, please visit https://ir.diyi.top/.

Statements with a view to the future are always taken into consideration.

The Private Securities Litigation Reform Act of 1995 may be "forward-looking statements" in this press release about future expectations, plans and prospects, as well as any other statements about matters that aren't historical facts, and may constitute These statements include, but not limited to, statements relating to the expected trading commencement and closing dates. These identifying words are not all forward-looking statements, although these are merely words that "anticipate," "believe", "continue," or "could,"" "estimate,"," and "intend," ( The risks of the risks may differ materially from those indicated in such forward-looking statements as a result of various important factors such as: the uncertainties related to market conditions, the completion of public offering on the anticipated terms or at all, The Company disclaims any obligation to update any forward-looking statements as of the date of this press release. This is the only way to explain the fact that the company is new or unreliable.

For Investor and Media Inquiries Please Contact:

China: A Chinese story.

Lillian LiuTel: +86-13062818313E-mail: [email protected] First High School Education GroupLillian Lulutell: 86 130618183 13Email :

The Blueshirt GroupMs. Susie WangPhone: +86 138-1081-7475Email: [email protected]

In the United States:

The Blueshirt GroupMs. Julia QianPhone: +1 973-619-3227Email: [email protected]

[1] According to an industry report prepared by First High-School Education Group and commissioned by China Insights Industry Consultancy Limited, the number of students with enrollment as of September 1, 2021 is significantly higher than expected.

[2] According to an industry report published by First High-School Education Group and prepared by China Insights Industry Consultancy Limited, the United States Department of Education is obligated to obtain a certificate of completion from September 1, 2021

SOURCE First High-School Education Group Co., Ltd. SourCE, First School Education Corporation, Inc.

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https://ir.diyi.top/

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