Wednesday, May 12, 2021

China Liberal Education Holdings Ltd (CLEU) Stock Price Poised to Benefit from Acquisition of WEIM

China Liberal Education Holdings Ltd (CLEU) stock prices were up marginally by 0.29% as of market close on April 20th, 2021, bringing the price per share up to USD$3.43. CLEU stock share price was up 7.00% to $3.67 in after-hours trading.


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Acquisition of WEIM

CLEU announced on January 4th, 2021 that it had entered into a non-binding letter of intent in regard to the acquisition of Wanzhong Education Investment Management Co., Limited (WEIM). The LOI was established on December 28th, 2020 with the sole shareholder of WEIM.

About WEIM


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The three-year and four-year colleges operated as private schools by WEIM, despite being formed by a public school. Together, the two colleges span roughly 81 hectares with approximately 355,209 square feet of gross floor space. The combined total assets of these colleges comes out to almost USD$30.7 million, with annual revenues of almost USD$15.3 million being generated from the 4000+ students currently enrolled.

Detail of Acquisition

As per the pending agreement, CLEU will acquire 100% of WEIM’s shares from its single shareholder. Following upcoming due diligence by CLEU on WEIM, the cost of the acquisition is yet to be determined but will be paid in cash and the company’s ordinary shares. As the transaction proceeds, CEU will be disclosing legally required information through press releases and/or sec filings, as deemed appropriate.

CLEU’s Existing Operations

Of the two major business system established by CLEU, the first is comprised of education services. Their educational service system spans academic programs that are jointly managed by Sino-foreign parties, as well the provision of vocational education and enterprise integration. This system deals with the functioning of enrollment, research, teaching and teaching materials, internships, and vocational training and employment.

Integration of IT

CLEU’s other major business system consists of information technology application. Seeing how the education services business system operates as online and data-based operations, the two business systems go hand in hand. This system focuses on system integration and its data platform, with AI-Space and data campus SAAS platform being situated at the core of this system.

Competitive Advantages

With the synchronization of these two systems, CLEU strives to form its own product advantage. They do this by integrating software, hardware and content, and the combination of both online and offline teaching practices. Interactive group teaching, synchronized and dual-teacher classrooms, and personalized teaching are further initiatives that set CLEU apart from its competitors.

Future Outlook of CLEU

With the CEO reporting anticipated enrollment of up to 7000 students over the next few years, the income generated through tuition and other fees is expected to be in the ballpark of USD$28 million. Investors are hopeful that the acquisition comes to fruition, seeing how it has the potential to add significant shareholder value in the long run.

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