Introduction: On February 27th, 2004, the Ministry of Education approved the establishment of Huaxia College of Wuhan University of Technology with document No.2003687. Our company invested 40 million yuan in the first phase as the start-up capital of Huaxia College of Wuhan University of Technology. The first batch of enrollment work officially started in September this year. Huaxia College of Wuhan University of Technology is an independent college jointly founded by Renfu (600079) and Wuhan University of Technology with the approval of the Ministry of Education, and operates with a new mechanism. College is located in Luoshi Road, Hongshan District, Wuhan; The registered capital is 40 million yuan. The college is mainly engaged in general full-time undergraduate education, which is included in the national enrollment plan of ordinary colleges and universities, and recruits students for the whole country. On the same day, Renfu and Wuhan University of Technology signed the Supplementary Agreement on Building Huaxia College of Wuhan University of Technology. The agreement stipulates that the Agreement on College of Arts and Sciences of Wuhan University of Technology in joint bid signed by the company and Wuhan University of Technology on February 6, 2003 will continue to be implemented. Our company invested an additional 60.8 million yuan; The profit sharing ratio agreed in the original agreement remains unchanged. As of April 15, 2006, Huaxia University has 4,608 students, including undergraduates 19 18 and junior college students 165438 who enrolled in 2005. According to the enrollment plan and college development plan issued by the Provincial Department of Education, the college will enroll 2,500-3,000 students each year in the next few years, and the number of students will reach 1 10,000 after September 2007.

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