Zhitong Financial App News, Excellence Education Group (03978) issued an announcement that on December 22, 2021, the company formally signed a strategic cooperation agreement with Guangzhou Vocational and Technical University of Science and Technology to establish a strategic cooperation relationship. The university is a private vocational university located in Guangdong Province, China, which provides undergraduate courses for students.

The purpose of the cooperation agreement is to give full play to the respective advantages of both sides, jointly train high-quality and high-skilled applied talents, explore innovative training models of vocational education, and promote the high-quality development of modern vocational education.

The Board would like to stress that the Co-operation Agreement is the basis for long-term strategic co-operation between the company and the University, and that additional co-operation agreements can be entered into between the company and the University on specific cooperation matters depending on market conditions and developments.