Enrollment in Peking University's premier program is expected to increase by more than 300% and be eight times higher than last year's enrollment September 2024
middletown ohio, April 16, 2024 /PRNewswire/ — EpicQuest Education Group International Limited (NASDAQ: EEIQ) (“EpicQuest Education,” “EEIQ,” or the “Company”) provides higher education to students in the United States and abroad. Canada The UK today announced enhancements to metrics related to the foundational programs of EpicQuest Education's Davis University (“Davis”) and EduGlobal College (“EduGlobal”) programs. As a course of study for students to acquire the skills needed for the program, the Foundation Program also leads to increased international student enrollment at both Davis and EduGlobal.
Jumbo Chan“We are pleased to have developed a foundational program that is essential to ensure academic success for many international students,” said CEO of EpicQuest Education. Chinese It is a leading institution of higher education, consistent with standards of excellence and a globalized learning experience in both the United States and the United States. Canada. ”
“Our foundational program aligns with our mission to internationalize, which is a critical element of our strategic growth plan. “These are also an additional source of income for the company, while also contributing to attracting students to Davis and EduGlobal.'' says the person in charge. Wu Zhenyu.
Our main foundation program is based at Peking University, and we currently have over 50 students enrolled and aim to enroll at least 100 students for admission into our foundation program in fall 2024. I have a goal. September 2024. In comparison, only 12 students enrolled in our foundation program in 2016. September 2023However, recruitment for this new corporate program only began in 2014. August 2023. This means he's up more than 300% in the middle of the recruiting season, and is expected to increase by 8x by 2018. September 2024 compared to the same period last year.
We operate a separate foundational program. Beijing Over the past two years, we are planning to launch two foundation programs in collaboration with top universities. Shanghai start from August 2024. We believe the new program will significantly increase the number of students enrolling in Davis and his EduGlobal. Tuition fees for our foundation programs have increased by 30% compared to the same period last year, and our two-year foundation programs may result in additional fees. 5 million dollars It contributes to the company's revenue each year, while also encouraging foundation program students to complete academic research at Davis and EduGlobal.
EpicQuest Education's international mission
We believe that internationalization is a key element of our strategic growth plan. EpicQuest Education's growth plans include an increased focus on international recruitment and enhancing student global learning and paths to a college degree at its colleges Davis and EduGlobal College is to put Our strategic growth plan is to achieve international expansion and establish EEIQ as a truly international higher education service provider.
About EpicQuest Education Group International Limited
EpicQuest Education Group International Limited (“EpicQuest Education” or the “Company”) provides comprehensive educational solutions for domestic and international students pursuing U.S. college and university degrees. Canada And England. We own and operate his EduGlobal University based in: british columbia, canadafocuses on English language proficiency programs for degree-seeking students. The Company operates the Career Training College located at Davis College and is a 70% owner of it. toledo, ohio. Additionally, our company has the following personnel recruitment relationships. University of Miami Regional campuses maintain residential facilities, full-service cafeterias, recreational facilities, shuttle buses, and regional campus offices that provide study abroad and post-study services to students. We do not own, maintain, operate, or be a part of these facilities. University of Miami. We are also a recruitment agent for Western European universities. Scotland (Through the Education Group (London) Ltd) and coventry Both universities are located in the UK. EpicQuest Education recently established a wholly owned subsidiary, Gilmore Inv LLC, in the United States. Ohio, offers international educational programs related to kinesiology and recreation education. We also Ohio, South Gilmore LLC, which was formed to organize sports-related entertainment projects and is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com/.
Safe Harbor Statement
Certain statements made in this press release are “forward-looking statements” within the meaning and protection of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. is. Forward-looking statements in this press release include, but are not limited to, our ability to increase enrollment in our underlying programs and anticipated revenue increases from such programs. Forward-looking statements include statements regarding our beliefs, plans, objectives, goals, expectations, forecasts, assumptions, estimates, intentions and future performance and are subject to known and unknown risks, uncertainties and other factors. may be beyond our control. This may also cause our actual results, performance, equity, ownership or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact may be forward-looking statements. These forward-looking statements include statements such as “may,” “will,” “expected,” “assumed,” “should,” “suggest,” “will,” or “believe.” can be identified by the use of words such as ”, “contemplate”, etc. “expect,'' “estimate,'' “continue,'' “plan,'' “indicate,'' “project,'' “may,'' “intend,'' “target,'' and Other similar words and expressions regarding the future.
All written and oral forward-looking statements attributable to us are subject to the risks and uncertainties described in our most recent Form 20-F and our SEC reports and filings. , is expressly qualified in its entirety by this cautionary notice. Such reports are available upon request from us or the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. The Company undertakes no obligation, and undertakes no obligation, to update, revise or revise any forward-looking statements after the date of this document or the respective dates on which such statements are otherwise made.
contact address:
EpicQuest Education Group International Limited
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david rudnick
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Source: EpicQuest Education Group International Limited
SOURCE EpicQuest Education Group International Limited
