China First Capital Group Limited ("CFCG") is a Hong Kong-based company listed on the Main Board of the Stock Exchange of Hong Kong (stock code: 1269) with subsidiaries in China's main cities, including Shenzhen, Beijing, Shanghai, Chengdu, Kunming and Wuxi. It also has regional headquarters in countries with relatively abundant educational resources around the world such as Singapore, Australia and the United Kingdom. CFCG is a publicly traded company focusing on investment across the education industry with a full range of licenses in financial services. Since the end of 2014, the Group has started moving into new businesses, providing services such as dealing in securities, underwriting and placing of securities, financing consultancy, merger and acquisition agency, financial advisory, asset management, credit financing and immigration financial services. From 2016, the Group continued to diversify its business by stepping up its efforts in the financial service businesses while developing its education investment. It shifted its principal focus onto education investment and obtained support from its own diversified financial services units, in the hope of building a platform of operation, investment and financing in the education sector driven by “Education Investment plus Financial Services”. These efforts can facilitate the Group’s dedication to investment in and integration of high-quality education enterprises, and provide education institutions with investment and financing channels and advisory services thereby connecting the education industry to capital markets and discovering and adding to the value of education companies.
In terms of investment in education, the Group is actively exploring high quality education projects both domestically and abroad and making direct investment with its own funds through a range of projects covering the entire education industry. Since 2016, the Group has successively invested in Virscend Education Co., Ltd. (HKEx stock code: 1565), Jinan Shijiyinghua Experiment School, Kunming Professional College of Arts, Xishan Schools, GSV Acceleration Fund I, L.P., and G8 Education Limited (ASX stock code: GEM). In addition, the Group's wholly-owned subsidiary First Capital Fund Management Limited ("FC Fund") has joined hands with other institutional partners to set up funds, which have invested in a number of projects, including Nanchang Baishu Education Group, Meten English International Education Technology Co., Ltd., Bojun Education Investment Co., Ltd and Beijing Experimental Foreign Language School. In 2016, the Group also entered into a strategic cooperation framework agreement with the municipal government of Deyang City, Sichuan Province for the joint establishment of the China (Deyang) Splendid Horizons International Education New Town. The Group is increasing its investment in education, in an effort to integrate international and domestic educational resources and build a world-renowned brand in education sector.
In the area of financial services, the Group has wholly-owned subsidiaries First Capital Asset Management Limited, which holds SFC Types 1, 4 and 9 licenses (dealing in securities, advising on securities, and asset management), and First Capital Securities Limited, which holds an SFC Type 1 license, and First Capital International Finance Limited, which holds SFC Type 6 license (advising on corporate finance). Along with First Capital Finance Limited and First Capital International Holdings Limited, the Group can provide customers with a full range of services, including dealing in securities, underwriting and placing of securities, financing consultancy, merger and acquisition agency, financial advisory, asset management, credit financing and immigration financial services.
The strategic business transformation of the Group has been widely recognized, as evidenced by its official admission as a component of the MSCI China Small Cap Index in June 2016. In 2016, the Group garnered a number of awards and honors, such as the “CAPITAL Outstanding China Education Operation and Investment and Financing Services Enterprise”, Economic Digest’s “2016 Outstanding Enterprises in Hong Kong”, IFAPC’s “2016 Listed Company of the Year”, sina.com’s “2016 Influential Education Investment Enterprise”, and the “Exemplary Company Doing Business with Integrity”, an honor given jointly by eighteen ministries and commissions in China including the Ministry of Commerce.