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HLG - School Operator Hailiang Expands Franchise Model With Private Sector Tie-Up
Hailiang Education Group Inc.
Hailiang has expanded its franchise-style business model with a new agreement to take over two privately owned schools in Shandong province.
The company is unlikely to be affected by the crackdown on private educators due to its focus on primary rather than extracurricular learning.
Hailiang announced last September that its total enrollment in the current school year was 72,839 students, up 9.5% from the previous year, which included the addition of three new schools.