Recently, introduced by China Soft Capital, Mr. Xue Zhiyong, general manager of PowerChina Real Estate Group Ltd., and his group visited Kaiwen Academy, conducting discussions on the idea of cooperation in education and real estate fields.

Kaiwen Academy (002659) is a ‘A-share’ listed company in China whose main business is about international education and famous for its international schools and high-quality all-round education services. At present, Kaiwen Academy has Haidian Kaiwen Academy, Chaoyang Kaiwen Academy and other international schools. At the same time, Kaiwen Academy provides a variety of quality-oriented education services for students and families, and has Kaiwen Sports Academy, Kaiwen Arts Academy and other quality-oriented education brands.

Kaiwen Academy pays attention to the all-round development of students, and takes STEM education, sports and art education as an important means to practice quality-oriented education. Its subordinate schools have won the "2019 Cutting-edge International School Award", "2019 China Impact International School" and other well-known awards in the industry.

PowerChina Real Estate Group Ltd. (hereinafter referred to as " PowerChina Real Estate ") is a wholly-owned subsidiary of Power Construction Corporation of China (POWERCHINA). Its business scope covers a complete industrial chain from the first-level land consolidation to property management. The main sectors include residential real estate, commercial real estate, industrial real estate, property management, municipal gardens, etc. More than 110 projects have been developed in 27 major cities with sales reaching 40 billion in 2019. With the parent company's ability to integrate in planning, design, construction and manufacturing, PowerChina Real Estate has strong competitiveness in the fields of resource credit, engineering construction and development.

  With the rapid development of the national economy and the improvement of the living standard of the residents, the share of education expenditure in the total household expenditure is rising rapidly. With the expanding number of international schools, China's high-end education industry is developing rapidly. In July 2016, Huaxuan (Shanghai) Equity Investment Fund, a subsidiary of China Soft Capital, successfully participated in the targeted issue of Zhongtai Bridge Steel Structure Co.,Ltd (later changed to Kaiwen Academy), becoming the second largest shareholder of the company. This is an important layout for China Soft Capital to invest in education filed, aiming at following up the development trend of the international education industry, building a domestic high-end education brand with capital assistance, and providinga more effective "new supply" for the growing demand for high-end education.

At present, the PowerChina Real Estate is changing to the role of urban operators, based on the traditional commercial, industrial and residential real estate operations, there are new opportunities to expand to education and real estate fields. At the same time, on the basis of the investment experience and ability of PowerChina Real Estate, it is expected to work together with Kaiwen Academy and China Soft Capital to form synergy effects in the capital, education, science and technology industries, promote the circulation of resources, and jointly creat a new benchmark for the education and real estate industry.