HANGZHOU, China, Nov. 8, 2017 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG), ("Hailiang Education" or the "Company"), an educational services provider of private primary, middle and high schools in China, announced today that the Company has entered into a Strategic Cooperation Agreement (the "Agreement") with its affiliated company, Hailiang Group Co., Ltd. ("Hailiang Group"), and Hailiang Education Management Group Co., Ltd. ("Hailiang Education Management"), a related party of the Company and a wholly owned subsidiary of Hailiang Group to develop primary, middle and high schools education in China. The strategic goal of the Agreement is to promote the development of private education in China by synergizing the competitive advantages of Hailiang Education, Hailiang Group and Hailiang Education Management.
Mr. Cuiwei Ye, who holds a master's degree in education leadership from University of Canberra, Australia, has a long track record of education and business success in key roles in various institutions. He has extensive experience leading, innovating and scaling education industry in China, including having guided a number of schools through critical transformation periods. Through his experience in education and management, Mr. Ye has successfully worked with and served in leadership positions at numerous well-known middle schools including Hangzhou No. 2 Middle School and Beihai Middle School to effect operating models that embrace changes in education innovation. Mr. Ye is regarded as one of "The Most Outstanding Middle School Principals" in China.
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The purpose of signing the agreement between the two parties is to provide a higher standard of education to co-operative school(s), exchange teaching methods, cultural experience as well as explore the education market in both China and the UK. Pursuant to the Agreement, Pate's will cooperate with Hailiang Education in delivering A-level and other international courses, providing education consulting services as well as launching annual exchange programs for students and faculty among co-operative school(s).
With this Strategic collaboration, ELS will tailor its globally recognized EAP Program at the School, adapting the curriculum to suit the availability of students through their high school program. ELS will extend to offer its expertise, proprietary text books, technology lab for individualized learning support, course outline, lesson plan and globally standardized evaluation systems along with teacher training and on-site academic oversight of the program.