Comprehensive Overview

The Group is a large private degree higher education service provider in Heilongjiang Province, China. According to Frost & Sullivan's report, based on the number of full-time students enrolled in the 2018/2019 school year, the group ranked 8th among all private degree higher education service providers in Heilongjiang Province, with a market share of about 7.5%.

The group operates a school in Harbin City, Heilongjiang Province, the Heilongjiang University of Business and Commerce. It is a private history university level education organization with degree-granting qualifications established in 2002 in Harbin, Heilongjiang Province, China. It mainly provides undergraduate courses. As of February 29, 2020, the total number of students enrolled in group schools was 8,807, and the teacher team was 450.

Risk Factors

The Group owns and operates a single private school in Harbin City, Heilongjiang Province. The operation of these schools contributes almost to all of the Group's revenue, and all of the Group's facilities are located in Harbin City, Heilongjiang Province. The Group anticipates that in the foreseeable future, most of the Group's business operations and revenue sources will continue to be concentrated in Heilongjiang Province. As a result, groups face a huge risk of concentration.