Hailiang Education Group Inc. Acquires Jinhua Hailiang Foreign Language School

HANGZHOU, China, Sept. 18, 2020 /PRNewswire/ — Hailiang Education Group Inc. (Nasdaq: HLG) (“Hailiang Education”, the “Company” or “we”), an education and management services provider of primary, middle, and high schools in the PRC, today announced that the Company has signed a sponsorship transfer agreement (the “Agreement”) with its affiliate Hailiang Education Investment Group Co., Ltd. (“Hailiang Investment”) on July 15, 2020 to acquire Jinhua Hailiang Foreign Language School (“JHFL”) for a total consideration of RMB 34 million from Hailiang Investment. After obtaining the relevant administrative approval on September 16, 2020, Hailiang Education completed all the required process to obtain the sponsorship of JHFL from Hailiang Investment. Prior to this transaction, Hailiang Education provided operation management services to JHFL.

Hailiang Education Logo (PRNewsfoto/Hailiang Education Group Inc.)

Located in Jindong District, Jinhua City, Zhejiang Province, China, JHFL is a private non-profit school sponsored by Hailiang Investment in

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Hailiang Education Group Inc. Celebrates 25th Anniversary and Announces Two Strategic Projects and Three Major Actions in the New Era

HANGZHOU, China, Sept. 14, 2020 /PRNewswire/ — Hailiang Education Group Inc. (Nasdaq: HLG) (“Hailiang Education”, the “Company” or “we”), an education and management services provider of K-12 schools in China, today announced the celebration of its 25th anniversary. Since the establishment of the Company 25 years ago, Hailiang Education has been taking “Inclusive of all, brightening the world” as its educational philosophy, and has been deeply involved in the development of private education industry in China. We have developed from a school with a student body of merely 232 to a private education group that sponsors and manages 42 K-12 schools in seven provinces across China, and more than 100,000 students have since graduated from our schools. We’ve made great contributions to the development of basic education in China.

The celebration of the 25th anniversary of Hailiang Education was held at the Hailiang Education

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