Bright Scholar Officially Listed on NYSE in USA


At EST 9:30 AM, on May 18th, 2017, Bright Scholar EducationHoldings Limited (NYSE: BEDU) announced the pricing of its initial publicoffering of 15 million American Depositary Shares ('ADSs') atan IPO price of $10.50 per ADS for a total offering size of approximately US$157.5million. Each ADS represents one Class A ordinary share of the company.


The ADSsbegan trading on the New York Stock Exchange on May 18th at anopening price of $11.00. The underwriters andco-managers for the IPO included: Morgan Stanley, Deutsche Bank, ChinaMerchants Securities and BNP Paribas.

Tencent Finance: "Bright Scholar, another education companyjoins the US stock market, and the price increased 27% on the first day oftrading. Marc Iyeki, the NYSE listing business director, remarked that themajor difference between the Chinese and American stock markets relates tobrand image improvements when the company is listed in the US."

Various domesticand international mainstream media were reporting the IPO of Bright Scholar.

Further Information

About Bright Scholar

Founded in December 2016, Bright Scholar Holdings, one ofthe largest operator of international and bilingual schools in China, consistsof more than 6,000 employees and operated 51 schools as of February 28, 2017.Headquartered in Foshan, China, Bright Scholar established one of the firstprivate schools in China in 1994 and has since expanded its networkto operate 34 kindergartens, 11 bilingual schools and 6 international schoolsin seven provinces. with several more currently under construction. The companyalso runs 16 learning centers in Beijing, Shanghai, Shenzhen and Foshan, China.In the first half of the 2017 school year, the company indicated an average of29,230 total students enrolled at its institutions.

Thecompany's mission is to deliver world-class education to students in China andacross the globe and to prepare students for education overseas.

Bright Scholarmanagement team

Students in Bright Scholar

Academic success can only be achieved by qualityeducation. Our schools effectively enhance our students' academicperformance. Around 68% of the 2016 graduating class enrolled in our DiplomaProgramme or A-Level curricula that applied for overseas universities wereadmitted into global top 50 institutions (according to QS World UniversityRankings or U.S. News), including the University of Oxford, University ofCambridge, Cornell University and University of Virginia. As of the date of theprospectus, students in our 2017 graduating class have received over 400conditional offers in total from global top 50 institutions, such as Universityof Chicago, University of California, Los Angeles, and University of Cambridge,with over 40 of such offers being from U.S. institutions.

Students at our bilingual schools have also achieved impressiveacademic performance. Approximately 77% of the 2016 graduating class from ourtwo largest bilingual schools, Huanan Country Garden School and Phoenix CityBilingual School, were admitted into the top local high schools. Students fromour 2016 graduating class performed well in the national 'Gaokao', theuniversity entrance examinations administered in China, and some of our beststudents were accepted into the top universities in China, including TsinghuaUniversity.

Teachers in Bright Scholar

Recruiting and retaining qualified teachers is key to ensuringquality education. We have recruited 3,142 teachers in the first half ofthe 2017 school year, under stringent requirements to ensure that we maintainhigh teaching quality. We also employ more than 200 international teachers toprovide an immersive English-learning environment and global perspectives toour students.

We are committed to investing in our teachers and principals andoffer them opportunities to grow with us. We provide ongoing professionaldevelopment to our teachers and principals, in the form of online, on-campus orone-on-one training and support sessions. From time to time, we organize seminarson professional training in cooperation with prestigious institutions, such asthe Institute of Education of University College London. Many of our schoolprincipals have grown with us and have acted in several capacities within ourschool network, often starting as teachers. For example, Mr. Jinsheng Cheng,who is currently the principal of our flagship Guangdong Country Garden School,has been with us since 1994 and has worked in a number of roles in our schoolnetwork over the years.


On August 20,2017 7

Bright Scholar Hosts China Liberal Arts College Tour

Admissions officers from 17 American top liberal arts colleges gathered in Guangdong Country Garden ...

On July 14,2017 9

Fettes College announces plans for a 'transformational' new school in China

On Thursday 13th July, Fettes College will sign a Memorandum of Understanding (MoU) with...

On June 10,2017 9

Release of 2017 college placement results & Press Conference for Bright Scholar Education Group...

Foshan, June 10, 2017(PRNewswire)– Bright Scholar Education HoldingsLimited (NYSE: BEDU) (...