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CFCG Appoints Mr. Victor He as Deputy Chief Executive Officer

2016.07.18

China First Capital Group Limited (“CFCG” or the “Group”; stock code: 1269) announced today that Mr. Victor He (“Mr. He”) has been appointed by its Board of Directors as Deputy Chief Executive Officer of the Group, effective from 18 July 2016.

Mr. He has substantial experience in operating education business. He has long been engaged in education and media sector and been involved in international exchanges and cooperation. Prior to joining CFCG, he was a director of the public relations and marketing and director of international cooperation of New Oriental Education & Technology Group Inc. (NYSE:EDU), a well-known educational service provider in China. Before then, he was a senior sports journalist at British Broadcasting Corporation and a lecturer at Shanghai International Studies University. Mr. He obtained two Bachelor of Arts degrees – in British and American languages and literature, and mass communication studies – from the Shanghai International Studies University, and a Master of Arts degree in politics studies from the University of Warwick. After joining the Group, Mr. He will be responsible for managing the Group’s brand and promoting it worldwide, mergers and acquisitions of international education businesses and integration of resources in and outside China, and also set up an international high-end education management team.

Dr. Wilson Sea, Chairman and Executive Director of CFCG, said, “We would like to extend a warm welcome to Mr. Victor He. Mr. He has outstanding leadership skills and rich experience in the education industry both at home and abroad. With his managerial experience gained in large educational institutions, he will be able to identify for the Group more opportunities for investing in education business overseas and aid integration of resources of the Group’s different education projects, thereby pave the way for the Group to become a world-class ‘Education Industry Plus Finance’ enterprise powered by its dual engine – education business and education-related investment and financing operation. We firmly believe that CFCG, with Mr. He’s help, will continue to boost its leadership in the education operation and education-related investment and financing sector and see prosperous development.”