China New Higher Education Group Limited (NEW HIGHER EDU) reported interim results for the six months ended 28 February 2026, highlighting modest profit growth, resilient enrolment momentum, and a landmark upgrade of its Guizhou campus.

Financial Performance • Revenue rose 2.6% year on year to RMB 1.45 billion, driven by steady tuition and boarding-fee income. • Gross profit slipped 1.0% to RMB 539.0 million, with gross margin contracting to 37.2% from 38.5%, reflecting higher teaching-related expenses. • Net profit edged up 0.6% to RMB 472.33 million; adjusted net profit (excluding FX effects) increased 0.8% to RMB 459.60 million. • Finance costs fell 15.2% to RMB 50.42 million after the group diversified its loan portfolio to cut average interest rates. • Total capital stood at RMB 1.90 billion, while cash and cash equivalents were RMB 464.55 million. Interest-bearing debt reached RMB 3.03 billion, lifting the gearing ratio to 56.0%.

Operational Highlights • Guizhou Technology and Business Institute was formally upgraded to Guizhou Vocational University of Industry and Commerce, becoming the province’s only private vocational undergraduate university and the first nationwide to implement full small-class teaching. • The 2025 graduating cohort achieved a high-quality employment rate of 54.35%, up 16 percentage points year on year; overall employment has stayed above 95% for six consecutive years. • New undergraduate enrolments increased 3.9% versus the prior academic year, lifting the undergraduate share of total enrolment by 4.5 percentage points. • Capital expenditure totalled RMB 322.4 million, focused on campus upgrades, teaching facilities, and laboratory equipment.

Strategic and ESG Developments • The group reaffirmed its “high-quality development” strategy, prioritising teaching reform, campus environment upgrades, and sustained high employment outcomes. • Continuous ESG progress earned inclusion in the S&P Global Sustainability Yearbook (China Edition) for a third year and the “Industry Mover Award”.

Dividend The board retained earnings to support future growth and did not declare an interim dividend for the period.

Corporate Events • On 28 April 2026, Ms. Lam Wai Yee Sophie succeeded Ms. Wong Wai Ling as company secretary. • No significant post-period events were reported.

NEW HIGHER EDU stated that it will keep leveraging policy support for vocational education, advance applications for additional undergraduate and master’s programmes, and maintain focus on student-centred initiatives while pursuing long-term, sustainable growth.