China 21st Century Education : VOLUNTARY ANNOUNCEMENT COOPERATION INTENTION WITH GAOYI COUNTY GOVERNMENT

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China 21st Century Education Group Limited

中國21世紀教育集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1598)

VOLUNTARY ANNOUNCEMENT

COOPERATION INTENTION WITH GAOYI COUNTY GOVERNMENT

This announcement is made by China 21st Century Education Group Limited (the "Company", and together with its subsidiaries, the "Group") on a voluntary basis.

The board (the "Board") of directors (the "Directors") of the Company is pleased to announce that, on 17 April 2021, Hebei Zerui Education Technology Co., Ltd., a domestic operating entity of the Company, and the People's Government of Gaoyi County of Shijiazhuang City of Hebei Province (the "Gaoyi Country Government") have agreed on the cooperation intention with respect to the industry-education integration and synergetic development in Gaoyi County. Accordingly, the Gaoyi County Government plans to provide a site with a planned area of not less than 1,000 acres for integrated higher education development, where a new campus of Shijiazhuang Institute of Technology will be established. The Goayi County Government also plans to further provide a site with a planned area of approximately 200 acres as the industry-education integration campus, where local high-tech industries and scientific research institutes would be invited to participate and build a local campus that integrates high-tech industries and education for cultivating high calibre and skilled talents.

Possessing rich resources of science education and industries, Gaoyi County is an important transport hub in southern Shijiazhuang city. The said cooperation intent, once materialised, would further enlarge the teaching scale of the Company's vocational education, bring positive influence to the sustainable development of the Group in the future, and is in the interests of the Group and the shareholders of the Company as a whole. At the same time, through consolidating the resources of local science education and industries, the Company will continually explore and optimize the vocational education and training system for the industry-education integration to facilitate the modernization and industrialization development of local education business.

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If a definitive agreement is entered into pursuant to the said cooperation intention, it is expected that the relevant cooperation and/or transactions thereunder may constitute a notifiable transaction for the Company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). Further announcement(s) will be made by the Company in accordance with the applicable requirements of the Listing Rules as and when appropriate.

By order of the Board

China 21st Century Education Group Limited

Li Yunong

Chairman

Hong Kong, 18 April 2021

As at the date of this announcement, executive Directors are Mr. Li Yunong, Ms. Liu Hongwei, Mr. Ren Caiyin, Ms. Yang Li and Mr. Li Yasheng; and independent non-executive Directors are Mr. Guo Litian, Mr. Yao Zhijun and Mr. Wan Joseph Jason.

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