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University of West London visits CFCG and proposes cooperation in music education; CFCG to explore in a month cooperation with three well-known overseas educational institutions, to perfect structure of international education industry chain

2016.10.24

Prof. Peter John, Chancellor and President of University of West London (UWL), and Mr. Leo Liu, Senior Director of the International Department of the university, visited the Hong Kong headquarters of China First Capital Group ("CFCG" or the "Group"; stock code 1269). They had a meeting with Dr. Wilson Sea, Chairman and Executive Director of CFCG, and Mr. Alex Shiu, Managing Director and Head of Investment Banking of First Capital International Finance Limited, a wholly-owned subsidiary of the Group, and Director of its Investment Banking Department.

University of West London tops the list of universities and colleagues in London which students are most satisfied with. In The Sunday Times’ 2017 University Guide, it leapfrogged to the 84th place, known for its employment-based quality tertiary education, excellent teaching staff and a large corporate network for nurturing students' academic and professional skills.

At the meeting, the two parties exchanged views on multi-dimensional cooperation in areas including music and arts education. Dr. Sea said arts education is a key focus of development for CFCG, which invested more than RMB200 million in the Kunming Professional College of Arts in August this year. The internationally-renowned London School of Music of the University of West London has been active in recent years in developing the China market. Its Hong Kong Education Center was officially opened yesterday. The Group believes the two sides have huge room for cooperation, with CFCG leveraging the advantages of the University in music and arts education, introducing those high quality overseas resources to the Group's existing or potential projects in China, to accelerate internationalization of the CFCG brand. For the University of West London, it can quickly penetrate the China market rich with opportunities riding on the Group's advantages in the capital market and educational projects and resources all over the country, and achieve win-win with CFCG.

The Third Reading of Amendment (Draft) to China's "Private Education Promotion Law" is expected to be passed at the end of this month, which will encourage more private capital to invest in the education industry. The education investment market has kept booming, and CFCG, as a pioneer in the industry, has been actively developing its business of domestic and international education investment this year. In addition to acquiring projects in mainland China, the Group has stepped up  expansion of the international market. This month, it signed a memorandum of understanding with the famed Kingswood School from Britain, on jointly setting up an international school carrying the Kingswood name in China. It has also been exploring and preparing for cooperation on an international project with Churchill College Muller Center of the University of Cambridge. The Group hopes to further improve its international investment structure and see CFCG become an internationally renowned brand.