Grand Fortune High Grade Limited Memorandum of Understanding Signed (1805R)
September 19 2017 - 8:30AM
UK Regulatory
TIDMGFHG
RNS Number : 1805R
Grand Fortune High Grade Limited
19 September 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA
OR JAPAN.
GRAND FORTUNE HIGH GRADE LIMITED (LSE: GFHG)
GFHG and CEUET sign memorandum of understanding for
cooperation
London, United Kingdom, Sep 19, 2017 - Grand Fortune High Grade
Limited ("GFHG") and China Education Union Educational Technology
Limited Company ("CEUET") today announced that after a series of
discussions, they have agreed to enter into a non-binding
memorandum of understanding ("MOU") that confirms their intent to
cooperate in the fields of financial education and professional
training in China.
The parties see great business opportunities in the Chinese
professional education training sector, and mutually agree that
both parties will benefit from this cooperation. Details of this
cooperation will be discussed in the near future which the parties
believe will ultimately believe the execution of a binding
agreement.
"Over the last decade, China's financial service sector has
grown rapidly along with the demand for financial personnel" said
Mr. Alex Chan, Chairman of CEUET. "Both GFHG and CEUET are leading
financial training companies and by bringing the two companies
together, I believe both parties will benefit both professionally
and financially."
"We all know China will likely become the largest economy in the
world," said Mr. Honglin Cao, CEO of GFHG. "This cooperation will
be a successful step which will accelerate GFHG's business
development in China."
Negotiations between the parties are still underway and more
details about the potential agreement will be released in due
course.
About Grand Fortune High Grade Limited:
Grand Fortune High Grade Limited is a London Stock Exchange
listed company that specializes in providing financial training
services. GFHG is positioned to capitalize on the financial
training market in mainland China with the aim of integrating
overseas financial training courses with Chinese culture and
providing one-stop comprehensive financial education programs.
About China Education Union Educational Technology Limited
Company:
China Education Union Educational Technology Limited Company is
a privately-owned company with strong professional training
background in China. It focuses on providing professional training
and certification, educational services and academic exchange.
Contact GFHG:
Grand Fortune High Grade Limited
Willow House, Cricket Square, PO Box 709, Grand Cayman
KY1-1107, Cayman Islands
http://www.gf-hg.com/
Email: CS-gfhg@outlook.com
Contact Cornhill Capital (Broker):
Nick Bealer
Phone: 020 3700 2500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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