[Caihua Social News] Huali University Group (01756.HK) announced its proposal to change the English name of the company from "Huali University Group Limited" to "China Vocational Education Holdings Limited" and the company's dual foreign language name from "Huali University Group Co., Ltd." to "China Vocational Education Holdings Co., Ltd.".

The Group is mainly engaged in the operation of private higher and vocational education institutions. The board of directors intends to gradually expand the company's future business operations in order to carry out vocational training throughout the country. The board of directors believes that the proposed change of the company name will better reflect the current situation of the company, the company's strategic business plan and its future development direction. In addition, the board of directors believes that the new English and Chinese names of the company will bring a new corporate image to the company and be conducive to the future business development of the company.