Hailiang Education and learning Team Inc. Announces Appointment of New Main Fiscal Officer
HANGZHOU, China, Feb. 2, 2021 /PRNewswire/ — Hailiang Schooling Team Inc. (Nasdaq: HLG) (“Hailiang Training”, the “Enterprise” or “we”), an education and administration support company of most important, middle, and higher colleges in China, declared that Ms. Weixin Xie (aka Deborah Lee) has been appointed as the Company’s Chief Monetary Officer, succeeding Mr. Jianguo Yu, successful March 1, 2021. Mr. Jianguo Yu will remain out there and function in the Business, and assist the new CFO for the duration of the transition.
Deborah Lee has served as Main Tax Officer of Hailiang Group (an affiliate of Hailiang Education and learning) considering the fact that 2019. Earlier, Deborah was a spouse of PricewaterhouseCoopers LLP, Los Angeles Office environment specializing in providing cross-border investment decision system consultation and tax preparing to the Chinese corporations which include mergers and acquisitions, joint ventures, intangible house, transfer pricing, and negotiations and defenses with tax authorities. Deborah is a C.P.A. and acquired her Bachelor of Rules from National Taiwan College and Master of Specialist Accounting from the College of Texas at Arlington. Deborah is passionate about providing back to the local community and served as the Executive Vice President of Ascend, Los Angeles Chapter, a countrywide non-gain corporation that is devoted to the development of Pan-Asians in management and management by using mentorship. Deborah was awarded just one of the Outstanding 50 Asia People in Small business in 2019 by Asia American Business enterprise Development Heart.
Dr. Junwei Chen, Chairman and Chief Executive Officer of Hailiang Schooling, commented, “It is an honor to welcome Ms. Lee to join Hailiang Education workforce as our new CFO to lead our Worldwide Finance, Accounting, Treasury, Tax and Tactic features. With her above 30 years’ working experience with world-wide accounting, tax, and advisory firms and potent management capabilities, I am self-assured that Deborah will add a great deal to our worldwide growth tactic and bring our business enterprise to the following stage of progress and profitability.”
Dr. Chen ongoing, “In addition, on behalf of our board of directors as effectively as the administration team, I would also like to prolong my sincere gratitude to Mr. Jianguo Yu for his exemplary services as CFO and his indispensable get the job done, like main finance, company development, taking care of our quickly expanding company globally among the other crucial features. I be expecting him to keep on to make fantastic contributions to the Company in the potential.”
About Hailiang Education and learning Team Inc.
Hailiang Education and learning (Nasdaq: HLG) is a person of the most significant most important, middle, and high university instructional company providers in China. The Company principally focuses on furnishing distinguished, specialized, and internationalized education and learning. Hailiang Instruction is focused to supplying pupils with superior-top quality key, center, and significant university, and intercontinental instructional services and hugely valuing the good quality of students’ lifestyle, analyze, and advancement. Hailiang Education and learning adapts its education expert services based mostly on its students’ specific aptitudes. Hailiang Schooling is devoted to improving its students’ educational abilities, cultural achievements, and worldwide views. Hailiang Schooling operates multilingual plans such as Chinese, English, Spanish, Japanese, Korean, and French. In addition, Hailiang Schooling has launched numerous diversified significant-quality classes, this kind of as Mathematical Olympiad programs, A-amount classes, Australia Victorian Certification of Instruction (VCE) programs, IELTS courses, TOEFL courses, as very well as SAT courses. The Enterprise has also fashioned comprehensive cooperative network with a lot more than 200 educational institutions and universities globally. Hailiang Instruction is fully commited to generating excellent effort to present its students with higher opportunities to enroll in perfectly-regarded domestic and international universities to even more their schooling. For more information, please stop by http://ir.hailiangedu.com.
Ahead-On the lookout Assertion
This push release consists of information and facts about Hailiang Education’s check out of its upcoming expectations, designs, and prospective buyers that represent forward-looking statements. These forward-wanting statements are designed underneath the secure harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historic facts in this announcement are ahead-seeking statements, which include but not minimal to the adhering to: standard economic ailments in China, opposition in the training business in China, the predicted growth of the Chinese non-public education and learning marketplace, Chinese governmental insurance policies relating to non-public academic providers and suppliers of these services, well being epidemics and other outbreaks in China, the Company’s enterprise options, the Company’s potential small business progress, success of functions, and money issue, predicted alterations in the Company’s revenue and selected price or expense items, its capability to elevate added funding, its ability to sustain and grow its business, variability of operating success, its potential to keep and enrich its manufacturer, its development and introduction of new items and expert services, the selection of learners entrusted by educational institutions, the effective integration of obtained organizations, technologies and belongings into its portfolio of program and providers, marketing and other small business progress initiatives, dependence on key staff, the potential to attract, seek the services of, and retain staff who have the technical techniques and practical experience essential to fulfill the prerequisites of its shoppers, and its ability to secure its intellectual residence, the end result of ongoing, or any potential, litigation or arbitration, such as those relating to copyright and other mental property rights, and other threats comprehensive in the Firm’s filings with the U.S. Securities and Trade Commission (the “SEC”). Hailiang Instruction could also make published or oral forward-wanting statements in its periodic stories to the SEC, in its annual report to shareholders, in push releases and other written resources, and in oral statements created by its officers, directors, or staff members to 3rd parties. Statements that are not historic specifics, like statements about Hailiang Education’s beliefs and expectations, are forward-wanting statements. Forward-wanting statements require inherent pitfalls and uncertainties, no matter if regarded or unknown, and are based on present-day expectations and projections about potential occasions and economic developments that the Company believes may well affect its fiscal condition, outcomes of functions, business technique, and money requires. Traders can determine these ahead-seeking statements by words or phrases such as “may possibly,” “will,” “will make,” “will be,” “hope,” “foresee,” “goal,” “estimate,” “intend,” “prepare,” “consider,” “potential,” “carry on,” “endeavor to,” “is/are very likely to,” or other identical expressions. Even further data with regards to these and other risks is incorporated in our yearly report on Sort 20-F and other filings with the SEC. All information and facts supplied in this press launch is as of the day of this press release, and Hailiang Instruction undertakes no obligation to update any ahead-wanting statements, apart from as may be expected less than applicable regulation.
Contacts:
Mr. Litao Qiu
Board Secretary
Hailiang Education and learning Group Inc.
Phone: +86-571-5812-1974
E mail: [email protected]
Ms. Tina Xiao
Ascent Trader Relations LLC
Telephone: +1-917-609-0333
E-mail: [email protected]
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