XJ International Expands Connected School Services Under 2026 Framework Agreement

The latest announcement is out from Hope Education Group Co., Ltd. ( (HK:1765) ).

Hope Education, a key subsidiary of XJ International Holdings Co., Ltd., has entered into a 2026 Framework Agreement with Tequ Education under which the company will provide campus land, buildings and ancillary facilities for Tequ to operate driving schools, school canteens and vocational training services for students. These services are positioned as necessary or beneficial to school operations and student skill development, and the cooperation fees generated will be recorded as other income from the group’s regular and usual business operations.

The board argues that maintaining Tequ Education as a connected service provider supports operational continuity, ensures stable quality in essential student services and avoids the cost and disruption of switching suppliers, aligning with common industry practice. Pricing for the cooperation fees, comprising rent, utilities and resource usage charges, will be settled monthly by bank transfer and is set with reference to comparable market rents from independent third parties, with vocational training rents kept above the average level for the same building, aiming to demonstrate fairness and regulatory compliance for stakeholders.

More about Hope Education Group Co., Ltd.

XJ International Holdings Co., Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates within the education sector through Hope Education, focusing on running schools and providing related educational services. The group leverages its campuses, including land, buildings and supporting facilities, to host ancillary services that support student life and skills development, such as canteens, driving schools and vocational training.

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