Hailiang Education Group Inc. provides K-12 educational services in the People's Republic of China. The company operates 9 affiliated schools; and 28 managed schools. It also offers management consulting, educational training and logistic, overseas study consulting, hotel management, study trip, transportation, branding, academic management, education resources, school culture, admission, finance, human resources, procurement, IT, internal audit, and property management services, as well as after-school enrichment program. In addition, the company's schools offer basic educational and international programs at the primary school, middle school, and high school levels, as well as courses designed for students, such as A-levels courses for the United Kingdom universities, SAT courses for the United States universities, and VCE courses for the Australia universities for students planning to apply to undergraduate programs in the United States, the United Kingdom, and Australia. As of June 30, 2020, it had 23,716 students enrolled in its affiliated schools; and 42,628 students enrolled in its managed schools. Hailiang Education Group Inc. was founded in 1995 and is based in Hangzhou, the People's Republic of China.
IPO Year: 2015
Exchange: NASDAQ
Website: hailiangedu.com
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HANGZHOU, China, Sept. 16, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG) ("Hailiang Education" or the "Company"), an education and management services provider in China, today announced the completion of the merger (the "Merger") with HE Merger Sub Limited ("Merger Sub"), an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Hailiang Education International Limited ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of May 7, 2022, among the Company, Parent and Merger Sub (the "Merger Agreement"). Parent is ultimately controlled by Mr. Hailiang Feng ("Mr. Feng"), the
HANGZHOU, China, Sept. 15, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG), an education and management services provider in China ("Hailiang Education" or the "Company"), today announced that at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of, among other things, the proposal to approve the re-election of five directors of the Company to hold office until the effective time of the Merger (as defined below), and the proposal to authorize and approve the previously announced agreement and plan of merger (the "Merger Agreement"), dated May 7, 2022, by and between the Company, Hailiang Education International Limited, an
HANGZHOU, China, Aug. 11, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG) ("Hailiang Education" or the "Company"), an education and management services provider in China, today announced that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held at 10:00 a.m. (Beijing time) on September 15, 2022, at Hailiang Education Park, No.199, the West 3rd Ring Road, Zhuji City, Shaoxing City, Zhejiang, People's Republic of China, to consider and vote on, among other things, the proposal to approve the re-election of five directors of the Company to hold office until the effective time of the Merger (as defined below) and the proposal to authorize and app
HANGZHOU, China, July 13, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education", the "Company" or "We"), an education and management services provider in China, today announced that on July 11, 2022, the Company received two notices of deficiency (each, a "Notice", and collectively, the "Notices") from the Listing Qualifications Department of The Nasdaq Stock Market (the "Nasdaq"), stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(2) and Nasdaq Listing Rules 5620(a) and 5810(c)(2)(G) for continued listing, because the Company failed to timely file its semi-annual financial information for the half year ended December 31, 2021 on
HANGZHOU, China, May 9, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education" or the "Company" or "We"), an education and management services provider in China, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Hailiang Education International Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands ("Parent") and HE Merger Sub Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands and a wholly-owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement and subject to the terms and conditions
HANGZHOU, China, Jan. 31, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education" or the "Company" or "We"), a K-12 education and management services provider in China, today announced that the special committee (the "Special Committee") of the Company's board of directors (the "Board") has retained Duff & Phelps, A Kroll Business operating as Kroll, LLC, as its independent financial advisor, and Orrick, Herrington & Sutcliffe LLP as its independent U.S. legal counsel, to assist the Special Committee in its evaluation and consideration of the previously announced preliminary non-binding proposal letter that the Board received on December 23, 2021 from Mr. Haili
HANGZHOU, China, Dec. 23, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education" or the "Company" or "We"), an education and management services provider for primary, middle, and high schools in China, today announced that its board of directors (the "Board") received a preliminary non-binding proposal letter (the "Proposal"), dated December 23, 2021, from Mr. Hailiang Feng, the founder of the Company, to acquire all of the outstanding ordinary shares (the "Shares") of the Company, including Shares represented by American depositary shares (the "ADSs," each ADS representing sixteen ordinary shares), that are not already owned by Mr. Hailiang Feng and his affil
HANGZHOU, China, Nov. 12, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG) ("Hailiang Education," the "Company" or "we"), a K-12 education and management service provider in China, today announced its financial results for the fourth quarter and the fiscal year ended June 30, 2021. "2021 was a challenging year, as the complex business environment and the newly issued laws and policies brought numerous changes to the education industry. Benefiting from our execution of an 'Asset-light Development Model,' we provided our educational services to more students, parents, and managed schools this year and achieved positive results. For the 2021 fiscal year, our revenue reached RMB1
HANGZHOU, China, Sept. 23, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education" or the "Company" or "We"), an education and management services provider for primary, middle, and high schools in China, today announced that on September 6, 2021, the Company entered into a cooperation agreement with Shandong Longkou Education and Sports Bureau, and on August 28, 2021, the Company entered into a management agreement with Yunnan Pu'er Jingdong Yi Autonomous County Education and Sports Bureau respectively (collectively, the "Agreements"). Pursuant
HANGZHOU, China, July 15, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education" or the "Company" or "We"), an education and management services provider for primary, middle, and high schools in China, today announced that the Company has entered into a cooperation agreement (the "Agreement") with Yantai Nanshan Donghai Foreign Language School ("Donghai School") and Longkou Donghai Kindergarten ("Donghai Kindergarten") on July 11, 2021. Pursuant to the Agreement, Hailiang Education agrees to provide education and management services to the two private schools. Located in Donghai Development Zone, Longkou City, Yantai City, Shandong Province, China, Donghai Ki
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HANGZHOU, China, Nov. 12, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG) ("Hailiang Education," the "Company" or "we"), a K-12 education and management service provider in China, today announced its financial results for the fourth quarter and the fiscal year ended June 30, 2021. "2021 was a challenging year, as the complex business environment and the newly issued laws and policies brought numerous changes to the education industry. Benefiting from our execution of an 'Asset-light Development Model,' we provided our educational services to more students, parents, and managed schools this year and achieved positive results. For the 2021 fiscal year, our revenue reached RMB1
HANGZHOU, China, May 26, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education," the "Company" or "we"), an education and management service provider of primary, middle, and high schools in China, today announced its financial results for the third quarter of fiscal year 2021 ended March 31, 2021. "Continuing the strong growth in the first half of fiscal year 2021, we still maintained a solid upward momentum in the third quarter of fiscal year 2021. For the third quarter of fiscal year 2021, our revenue reached RMB434.8 million (US$66.4 million)
HANGZHOU, China, March 9, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education", the "Company" or "we"), an education and management service provider of primary, middle, and high schools in China, announced its financial results for the second quarter and first half of fiscal year 2021 ended December 31, 2020. "We are very pleased to see that the Company's business has shown strong resilience during the COVID-19 pandemic. With the stabilization of the COVID-19 pandemic in China, the Company's business has gradually returned to normal and achieved encouraging results for the reporting periods. In the first half of fiscal year 2021, we recorded revenue of RMB93
HANGZHOU, China, Nov. 30, 2020 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education", the "Company" or "we"), an education and management service provider of primary, middle, and high schools in China, announced its financial results for the first quarter of fiscal year 2021 ended September 30, 2020. (PRNewsfoto/Hailiang Education Group Inc.) "Hailiang Education has achieved remarkable results through the continual improvement of brand awareness and the development of innovation strategies, albeit the COVID-19 pandemic still has temporary impact on part of our business. We will continue to build a one-stop comprehensive service platform for
HANGZHOU, China, June 9, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education" or the "Company"), an education and management services provider of primary, middle, and high schools in the PRC, announced today the results of the Company's 2021 Annual General Meeting of Shareholders ("AGM") held on June 9, 2021, at 10:00 a.m. local time in Zhuji, Zhejiang, China. At the AGM, the Company's shareholders: Re-elected each of Mr. Junwei Chen, Mr. Cuiwei Ye, Mr. Ken He, Mr. Xiaohua Gu, and Mr. Xiaofeng Cheng as a director of the Company, each to hold office until the next annual general meeting; Authorized the Board of Directors to fix the remuneration of the direc
HANGZHOU, China, May 6, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (NASDAQ:HLG) ("Hailiang Education", the "Company" or "we"), an education and management services provider of primary, middle, and high schools in the PRC, today announced it will hold its 2021 Annual General Meeting of Shareholders (the "Meeting") on June 9, 2021, at Hailiang Education Group Inc., Zhejiang, China. Date: June 9, 2021 Time: 10 a.m. local time Location: Hailiang Education Park, No.199, the West 3rd Ring Road, Zhuji City, Shaoxing City, Zhejiang, China At the Meeting, the shareholders of re
HANGZHOU, China, Feb. 2, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education", the "Company" or "we"), an education and management service provider of primary, middle, and high schools in China, announced that Ms. Weixin Xie (aka Deborah Lee) has been appointed as the Company's Chief Financial Officer, succeeding Mr. Jianguo Yu, effective March 1, 2021. Mr. Jianguo Yu will remain available and work in the Company, and assist the new CFO during the transition. (PRNewsfoto/Hailiang Education Group Inc.) Deborah Lee has served as Chief Tax Officer of Hailiang Group (an affiliate of Hailiang Education) since 2019. Previously, Deborah was
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What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the consumer defensive sector: Tyson Foods (NYSE:TSN) - P/E: 7.79 Hailiang Education Gr (NASDAQ:HLG) - P/E: 4.79 Alico (NASDAQ:ALCO) - P/E: 4.28 Lifevantage (NASDAQ:LFVN) - P/E: 5.81 Gravitas Education (NYSE:GEHI) - P/E: 2.56 T
Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education", the "Company" or "We"), an education and management services provider in China, today announced that on July 11, 2022, the Company received two notices of deficiency (each, a "Notice", and collectively, the "Notices") from the Listing Qualifications Department of The Nasdaq Stock Market (the "Nasdaq"), stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(2) and Nasdaq Listing Rules 5620(a) and 5810(c)(2)(G) for continued listing, because the Company failed to timely file its semi-annual financial information for the half year ended December 31, 2021 on Form 6-K (the "1H 2022 6-K") with the U.S. Secu
What Defines a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the consumer defensive sector: Hailiang Education Gr (NASDAQ:HLG) - P/E: 4.85 Gravitas Education (NYSE:GEHI) - P/E: 2.96 Lifevantage (NASDAQ:LFVN) - P/E: 6.45 Natural Alternatives Intl (NASDAQ:NAII) - P/E: 5.
Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the consumer defensive sector: United Natural Foods (NYSE:UNFI) - P/E: 9.63 DAVIDsTEA (NASDAQ:DTEA) - P/E: 0.85 Mannatech (NASDAQ:MTEX) - P/E: 4.42 Hailiang Education Gr (NASDAQ:HLG) - P/E: 4.7 Lifevantage (NASDAQ:LFVN) - P/E: 6.3
Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education" or the "Company" or "We"), an education and management services provider in China, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Hailiang Education International Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands ("Parent") and HE Merger Sub Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands and a wholly-owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement and subject to the terms and conditions thereof, Merger Sub will merge with and into
What is a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the consumer defensive sector: Graham Hldgs (NYSE:GHC) - P/E: 8.9 Amcon Distributing (AMEX:DIT) - P/E: 6.08 Hailiang Education Gr (NASDAQ:HLG) - P/E: 4.42 Acme United (AMEX:ACU) - P/E: 9.79 Seneca Foods (NASDAQ:SE
What is a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the consumer defensive sector that may be worth watching: Seneca Foods (NASDAQ:SENEA) - P/E: 7.68 Tyson Foods (NYSE:TSN) - P/E: 8.52 Hailiang Education Gr (NASDAQ:HLG) - P/E: 4.64 Graham Hldgs (NYSE:GHC) - P/E: 8.6 Alico (
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