EpicQuest Education Launches New Foundational Program in Partnership with South China University
EpicQuest Education Enters Strategic Partnership for Foundational Program
EpicQuest Education Group International Limited, publicly traded on NASDAQ under the ticker EEIQ, has entered a significant agreement with the esteemed South China University of Technology (SCUT). This partnership aims to establish a new foundational program at SCUT's University Town Campus, expanding educational pathways for students while boosting revenue streams for EpicQuest. This visionary initiative is indicative of EpicQuest’s commitment to a global educational presence, particularly in the burgeoning market of China.
The newly formed agreement, effective through January 2027, marks a pivotal step in EpicQuest’s strategic growth plan, which seeks to increase international student enrollment and diversify revenue sources. The foundational program will be designed to accommodate approximately 120 students in each incoming class, with classes set to commence in the Fall of 2025. With this initiative, students will have the opportunity to pursue a two-year foundational course in China, followed by two additional years of studies at Davis University in Toledo, Ohio. This seamless transition facilitates the attainment of a four-year bachelor’s degree, while also opening doors to prestigious pathway programs leading to further academic opportunities at top U.S. universities.
Jianbo Zhang, CEO of EpicQuest Education, emphasized the necessity of such foundational programs in today's education landscape. “These programs create essential revenue streams and provide abilities for students to shape their academic futures. This partnership with SCUT reinforces our belief that offering students various educational options is crucial to their success.” He further articulated the company’s aspiration to enhance internationalization as a key facet of its growth strategy.
EpicQuest Education differentiates itself with diversified revenue streams, comprising international students who are enrolled at Davis University and EduGlobal College, as well as those participating in foundational programs in their home countries. This multi-faceted approach allows the company to leverage its resources and expertise effectively, ensuring a robust platform for student services, such as residential and other on-campus fees. The introduction of new foundational programs aligns with the company's dedication to fostering an environment where both domestic and international students can thrive.
The SCUT partnership complements existing foundational programs that have successfully been established at other reputable institutions, including Peking University and Shanghai Jiao Tong University. These relationships build a strong network and infrastructure that supports a significant influx of students who aspire to receive superior education tailored to global industry demands.
Moreover, the collaboration with SCUT highlights EpicQuest's ultimate mission: promoting educational internationalization and enhancing enriched global learning experiences. With over 39,000 students currently enrolled, including numerous international attendees, SCUT is recognized as one of China’s premier institutions, particularly in engineering and technology disciplines. It boasts a rich array of academic programs including Computer Science and Civil Engineering. This partnership not only elevates EpicQuest's educational offerings but also strengthens SCUT's footprint in global academia, promoting joint research and student exchange opportunities.
The launch of the foundational program at SCUT is timely, positioned for accelerated enrollment following China’s national higher education entrance examination slated for early June 2025. This strategic timing is set to maximize student interest and participation in the program, further contributing to the diversification of educational opportunities available to aspiring students.
EpicQuest Education remains optimistic about its future as it continues to innovate and expand into international markets. This latest venture with South China University of Technology is a telling reflection of its commitment to shaping educational landscapes, empowering students and fostering global connections in higher education. As the demand for quality education continues to grow globally, EpicQuest is poised to cater to these emerging needs through dynamic programs and partnerships.