admin Elite Education Group International Limited, a provider of comprehensive, one-stop education solutions for Chinese university students interested in study abroad programs in the US and other countries, today announced that it plans to upgrade, expand and modernize its residential facilities to accommodate what it expects to be an influx of students for its English Language Center program at the regional campuses of Miami University of Ohio (the “MU Regional Campuses”) beginning in the Fall 2022 semester.
Details on the New Endeavor
“We are pleased that our strong recruiting efforts are expected to lead to improved enrollment at the regional campuses of Miami University of Ohio in the semesters ahead. We are committed to providing Chinese students who want to study abroad the best possible living accommodations, security and support services to help them to be successful in their academic studies and career pursuits,” said Jianbo Zhang, Chairman and Chief Executive Officer.
The Company has divested of its existing residential properties adjacent to the Hamilton and Middletown campuses of the Miami University of Ohio at a sales price of approximately 150% of its initial purchase price and plans to use these proceeds to develop modernized and improved facilities for its students. Students who are currently taking in-person classes in the U.S. are residing in housing owned by the Company on Roosevelt Blvd. in Middletown, Ohio, as well as a rental property which was recently renovated in Hamilton, Ohio.
The Company is seeking opportunities to (1) purchase or rent and renovate existing buildings in Hamilton, Ohio, and/or (2) build residential buildings in Hamilton or Middletown, Ohio, to provide students with close proximity to classes and libraries as well as the full range of campus activities.
Benefits of this Endeavor
The upgrading and expansion of the Company’s residential facilities will enable it to provide more modern and spacious living conditions as well as better security for its students. The Company has embarked on a plan to improve its residential facilities in order to accommodate what it expects will be sustained growth in the number of students whom it expects to enroll in its English Language Center program at the MU Regional Campuses. The Company believes that its recruitment metrics are both sound and highly competitive with individual universities and other entities engaged in this space.
Magazine 
