According to the Zhitong Finance App, China Education Holdings (00839) announced that the board of directors has noticed market rumors that the group is seeking to sell assets or split the business and has appointed advisors in this regard.
The board clarified that the rumours were pure fabrications and had no factual basis. As of the announcement date, the company has never planned to sell any of its assets or split the group's business, nor has it appointed any advisors in this regard.
The Group believes that higher education and vocational education have broad scope for development. As of the announcement date, the Group has deployed 10 high-quality higher and vocational education schools in the strategic core regions of China and Australia, and the Group plans to further expand its network of schools and take advantage of the Group's academic management advantages so that more students can enjoy high-quality education, and more regions can benefit from stronger human capital.