On April 24, China New Higher Education Group Co., Ltd. (New Higher Education Group, 02001.HK) announced the interim results for the six months ended February 29, 2024. For the six months ended February 29, 2024, the main revenue of the New Higher Education Group increased 13.8% year over year to 1,311 million yuan, and net profit to mother increased 10.6% year over year to 432 million yuan. China New Higher Education Group was founded in 1999 and pioneered the introduction and long-term promotion of an applied university model. The group 100% owns 4 undergraduate schools and 4 colleges, distributed in Yunnan, Hubei, Gansu, Heilongjiang, Henan, Guizhou and Guangxi. As of December 31, 2023, the implementation rate for the 2023 final graduation destination was 96.97%, maintaining a high level of employment for four consecutive years. The proportion of high-quality employees reached 27.76%, an increase of 5.8 percentage points over the same period last year. Among them, the number of people employed by famous enterprises increased by 88.06%. In the 2023/2024 school year, the total number of students enrolled in the Group's schools was about 140,000. The number of new students increased by 2.7% over the same period last year. The proportion of undergraduate students continued to increase, and the proportion of undergraduate students increased by 3.4 percentage points. (Surge News)