Bright Scholar Updates 2021 University Admission Results

Rhea-AI Summary

Bright Scholar Education Holdings Limited (NYSE: BEDU) announced that approximately 62.66% of its 2021 graduating class from international schools received over 400 offers from top global institutions. This includes 6 offers from the University of Oxford and 6 from the University of Cambridge. CEO Wanmei Li praised the performance as a testament to the company's brand strength and commitment to quality education, forecasting more offers in the ongoing admission cycle. As of November 30, 2020, Bright Scholar operated 94 schools in China and 8 internationally.

Positive

• 62.66% of graduates received offers from global top 50 institutions.
• 6 offers from the University of Oxford and University of Cambridge each.
• Strong brand reputation evidenced by successful student admissions.

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• None.

FOSHAN, China, Jan. 26, 2021 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced its latest result of top university admission for 2021 graduating class.

As of January 25, approximately 62.66% of students in the 2021 graduating class of our international schools have received over 400 offers from global top 50 institutions with 6 conditional offers from University of Oxford, 6 from University of Cambridge, 2 unconditional offers from University of Chicago, 2 from Cornell University, 4 from New York University, and 1 from Northwestern University.

Ms. Wanmei Li, Chief Executive Officer of Domestic K-12, commented, "The remarkable performance reflects the strength of our brand, and a steadfast commitment to quality education." Ms. Li continued, "We expect many more students will receive offers from these elite institutions as the admission cycle continues."

About Bright Scholar Education Holdings Limited

Bright Scholar is a global premier education service company, dedicated to providing quality international education to global students and equipping them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. Bright Scholar also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China. As of November 30, 2020, Bright Scholar operated 94 schools across twelve provinces in China and eight schools overseas, covering the breadth of K-12 academic needs of its students.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company's business plans and development, which can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

IR Contact:
GCM Strategic Communications 
Email: BEDU.IR@gcm.international

Media Contact:
Email: media@brightscholar.com
Phone: +86-757-6683-2507

View original content:http://www.prnewswire.com/news-releases/bright-scholar-updates-2021-university-admission-results-301214698.html

SOURCE Bright Scholar Education Holdings Ltd.

FAQ

What percentage of Bright Scholar students received university offers in 2021?

Approximately 62.66% of Bright Scholar's 2021 graduating class received university offers.

Which prestigious universities made offers to Bright Scholar students?

Bright Scholar students received offers from institutions including the University of Oxford, University of Cambridge, and University of Chicago.

How many schools does Bright Scholar operate as of November 30, 2020?

Bright Scholar operated a total of 94 schools in China and 8 schools internationally.

What does Bright Scholar attribute its admissions success to?

Bright Scholar attributes its admissions success to its strong brand and commitment to quality education.

When was the press release about Bright Scholar's admission results published?

The press release was published on January 26, 2021.