Hartford Great Health Corp. (HFUS)

[pennypauly]

HF Int’l Education has its first early childhood education center in PuDong, Shanghai. The soft opening began on September 20, 2019, and the official grand opening was on October 28, 2019. The projected monthly revenue six months from now will be RMB800,000 per month for this education center and it will begin seeking profit.
· By the end of December, 2019, HF Int’l Education plans to acquire approximately 60% ownership of an existing, and operating childhood education center located in HongQiao, Shanghai. The acquisition price for this establishment will be evaluated prior to reaching an agreement.
· In January of 2020, HF Int’l Education will invest RMB1,200,000 to establish a third education center in HongKou, Shanghai, holding 55% ownership of the business. The HongKou center plans to have its opening in April of 2020.
· In February of 2020, HF Int’l Education will invest RMB1,500,000 to establish a fourth education center in JingAn, Shanghai, holding 60% ownership of this center. The JingAn center plans to have its opening in June of 2020.
· Beginning November of 2019, HF Int’l Education plans to use its current office and resources to collaborate with potential franchisees to establish a nationwide early childhood education faculty training institute based in Shanghai. The faculty training program is expected to start as early as December of 2019.
· HF Int’l Education plans to launch a nationwide early childhood education center franchise operation model in June of 2020. This model will utilize “Hartford” as its main brand and will incorporate existing market resources throughout other major cities and provinces in China. The promotion of HF Int’l Education franchise operation and management model is expected to attract other education centers to join the “Hartford” brand, and HF Int’l Education ex