First High-School Education Group Co., Ltd.

General Information
Business:

We are the largest operator of private high schools in Western China and the third-largest operator in all of China in terms of student enrollment as of Dec. 31, 2019, according to the CIC report. We experienced the fastest growth rate with a CAGR of 77.3% in terms of high school student enrollment and with a CAGR of 41.4% in terms of the number of high schools from Dec. 31, 2015, to Dec. 31, 2019, among the top 20 operators of private high schools in China, according to the CIC report.

We believe we are well-positioned to seize the enormous and sustainable demand for high-quality high schools in China.

(Note: Revenue and net income figures are in U.S. dollars for the nine months ended Sept. 30, 2020, according to the prospectus.)

Industry: EDUCATIONAL SERVICES
Employees: 2413
Founded: 2012
Contact Information
Address No. 1, Tiyuan Road, Xishan District, Kunming, Yunnan Province 650228, The People’s Republic of China
Phone Number (86) 871-6515-5502
Web Address http://www.longspringedu.com/
View Prospectus: First High-School Education Group Co., Ltd.
Financial Information
Market Cap $868.4mil
Revenues $41.57 mil (last 12 months)
Net Income $5.78 mil (last 12 months)
IPO Profile
Symbol FHS
Exchange NYSE
Shares (millions): 7.5
Price range $10.00 - $10.00
Est. $ Volume $75.0 mil
Manager / Joint Managers The Benchmark Company/AMTD/Valuable Capital/TF International/Maxim Group
CO-Managers Tiger Brokers/Boustead Securities/FUTU/Fosun Hani
Expected To Trade: 3/11/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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