Tianli Education International Holdings Limited (“Tianli Education” or “Company”, Stock Code: 1773.HK) successfully listed its stocks on the Main Board of HKEx on July 12th, 2018. The offering size was HKD 1,330 million pre-greenshoe (about USD 169 million) and HKD 1,530 million post-greenshoe (about USD 195 million). Tianli Education’s listing has brought a leading K-12 education service provider to the capital market.

Tianli Education is a leading private education service provider in Western China that primarily engages in the provision of K-12 educational services, supplemented by tutoring services for K-12 students and pre-kindergarten children. In terms of student enrollment, the Company is the second largest private K-12 school operator in Western China, with over 20,000 students enrolled in the K-12 schools in its school network as of the end of the 2017 fall semester. The company’s “Six Establishments and One Accomplishment” educational philosophy and curriculum system is designed to help students finish development and life-long goals including “sound health, morality, wisdom, behavior, mind, creativity and self-realization”, encourage our students to achieve all-round development. As of the signing date of the prospectus, the company’s network consisted of 13 K-12 schools in operation, including four high school programs, six middle school programs, eight elementary school programs and six kindergarten programs, 11 tutorial centers and four early childhood education centers across eight cities in China.

With excellent professional skills and a high degree of enthusiasm for customers, CICC has been accompanying and serving Tianli Education throughout its development, creating opportunities, overcoming difficulties and finally successfully assisting the company in listing on the Main Board of HKEx. Tianli Education’s first presence on the capital market has received passionate feedbacks.

The completion of Tianli Education’s IPO is another successful example of which CICC provided high-quality capital market service to growth enterprises. As the sole sponsor, sole global coordinator, joint bookrunner and joint lead manager, CICC, with rich experience in project implementation and strong comprehensive service ability, was leading and involving in important phases of this IPO including but not limited to discovering investment highlights, arranging sales roadshows and selecting proper issuing window. CICC effectively ensured this IPO’s success, and won high praise from the customer and full recognition from the market.

CICC has always been fulfilling its core value of “Chinese Roots and International Reach” and provided to clients with high quality financial value-adding services as a world-class investment bank. On the basis of its unparalleled capital market experience and close interaction of domestic and overseas business, CICC will continuously contribute to the capitalization development of Chinese enterprises.