EpicQuest Education Enters into Agreement for a Fourth Foundational Program
MWN-AI** Summary
EpicQuest Education Group International Limited (NASDAQ: EEIQ) has announced a significant partnership to establish its fourth foundational program, which will be operated through its Davis University on the Shenzhen campus of the Chinese University of Hong Kong in collaboration with Jishi Holdings (Guangdong) Co. Ltd. This agreement is effective until August 31, 2027, and is part of the company's ongoing strategy to provide educational opportunities for domestic and international students, helping them prepare for higher education in countries like the U.S., Canada, and the UK.
Since the program's launch earlier this month, 20 students have already been admitted, with expectations to reach up to 60 enrollments. CEO Jianbo Zhang highlighted the foundational programs as a key revenue stream for EpicQuest, emphasizing their role in equipping students with the necessary skills to pursue degrees at Davis University and other institutions. The company's strategy capitalizes on the rising demand for quality education within students' home countries, offering pathways to global academic opportunities.
EpicQuest's mission is centered on internationalization and the expansion of its educational services, looking to enhance its presence in the global market while building robust programs in cooperation with prestigious universities. The Chinese University of Hong Kong, Shenzhen is recognized for its bilingual education and interdisciplinary approach, focusing on areas such as computer science and artificial intelligence.
In addition to the agreement in Shenzhen, EpicQuest operates other foundational programs at elite institutions in China, contributing to its growth as a provider of higher learning. This move aligns with EpicQuest’s broader plan to fuel international recruitment and offer pathways to success for its students. For more information on EpicQuest Education, visit their official website.
MWN-AI** Analysis
EpicQuest Education Group International Limited (NASDAQ: EEIQ) has recently expanded its educational offerings by entering into a strategic agreement with Jishi Holdings to establish a fourth foundational program at the Chinese University of Hong Kong, Shenzhen. This initiative aligns with EpicQuest's growth strategy, emphasizing internationalization and enhancing student pathways into higher education. Given that the foundational programs serve as distinctive revenue streams, the early enrollment of 20 students with a target of 60 signifies promising demand.
From an investment perspective, this move indicates a strong potential for revenue diversification and growth in the international education sector. The foundational programs not only facilitate education in students’ home countries but also help them transition into higher degree programs at Davis University and other U.S. institutions. As the global demand for education continues to rise, particularly in markets like China, EEIQ is well-positioned to capitalize on this trend.
Moreover, EpicQuest has a history of partnerships with prestigious institutions, enhancing its credibility and appeal. Investors should note the company's focus on globalized learning and international recruiting, which could lead to a significant increase in student enrollment and revenue over the next few years. The effective date of this agreement until August 31, 2027, provides a long-term horizon for assessing its impact on the company's financials.
However, potential investors should exercise caution. Forward-looking statements indicate that actual results may differ due to various factors, including regulatory challenges and market competition. Therefore, while EEIQ showcases growth potential, it is prudent to conduct thorough due diligence and consider market conditions before investing. In summary, with its strategic developments and international outlook, EEIQ presents a compelling opportunity for investors interested in the educational sector.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
EEIQ's Foundational Programs in Students' Home Countries Constitute a Distinct Revenue Stream for the Company
TOLEDO, Ohio , Aug. 28, 2025 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of higher education for domestic and international students in the US, Canada and the UK, today announced that its owned and operated Davis University ("Davis") entered into an agreement with Jishi Holdings ( Guangdong ) Co. Ltd., established by the School of Artificial Intelligence, the Chinese University of Hong Kong , Shenzhen , for the Company to establish a foundational program on the Shenzhen campus of the Chinese University of Hong Kong . The Agreement is effective until August 31, 2027 .
Jianbo Zhang , Chief Executive Officer of EpicQuest Education, commented, "Although the program commenced just this month, we have already admitted 20 students with plans to enroll up to 60 students in this new program. Our foundational programs represent a distinct revenue stream for the Company, and they enable students to study in their home countries to gain the skills needed for study abroad. The agreement represents our fourth foundational program, and all of our programs are with first-class and internationally renowned universities."
EEIQ's Davis University foundational programs constitute a course of study for students to acquire the skills needed for Davis University's bachelor's degree programs as well as pathways for admission to other US universities. The Company also has foundational programs at other elite universities in China .
EpicQuest Education's Mission of Internationalization
The Company believes that internationalization is a key element of its strategic growth plan. EpicQuest Education's growth plan is to have its operated colleges, Davis University and EduGlobal College, become increasingly focused on international recruiting and enhanced globalized learning to its students as well as pathways to achieve university degrees. The Company's strategic growth plan is to achieve international expansion and establish EpicQuest Education as a truly international service provider of higher learning.
About the Chinese University of Hong Kong , Shenzhen
The Chinese University of Hong Kong , Shenzhen (CHUK-Shenzhen) offers bilingual education in Chinese and English. The university offers a diverse range of disciplines across eight colleges and a graduate school. The school aims to build an interdisciplinary and innovative world-class platform for teaching and research. CHUK-Shenzhen focuses on cultivating core competencies in fields such as computer science and mathematics, encourages interdisciplinary exploration, and promotes the application of artificial intelligence technologies across a wide range of domains.
About EpicQuest Education Group International Limited
EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company") provides comprehensive education solutions for domestic and international students seeking university and University degrees in the US, Canada and the UK. The Company owns and operates EduGlobal University, based in British Columbia, Canada , which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis University, a career training University located in Toledo, Ohio . In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University . The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group ( London ) Ltd) and Coventry University, both of which are located in the UK. EpicQuest Education recently established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio , that will offer international educational programs related to kinesiology and recreation education. The Company also established a company in Ohio , SouthGilmore LLC that has been formed to organize sports-related entertainment projects, which is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com/ .
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this press release include, without limitation, the expected enrollment in its foundational programs, and the increased revenue expected from such programs. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov . We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1 513-649-8350
info@epicquesteducation.com
Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International Limited
SOURCE EpicQuest Education Group International Limited
FAQ**
How does Elite Education Group International Ltd. (EEIQ) plan to leverage its fourth foundational program at the Chinese University of Hong Kong, Shenzhen, to enhance revenue and attract more students?
What specific skills will the foundational programs developed by Elite Education Group International Ltd. (EEIQ) focus on to better prepare students for admission to bachelor’s degree programs and other U.S. universities?
Can Elite Education Group International Ltd. (EEIQ) provide insights into the expected growth in student enrollment at its foundational programs, and how this aligns with the company’s international expansion strategy?
What measures is Elite Education Group International Ltd. (EEIQ) implementing to mitigate the risks associated with its forward-looking statements concerning revenue growth and student admissions for its foundational programs?
**MWN-AI FAQ is based on asking OpenAI questions about Elite Education Group International Ltd. (NASDAQ: EEIQ).
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