In view of the growing demand for human capital management and development in mainland China, China Human Capital Management Company Limited ( "China HCM " ) has been set up as a joint venture between the Group and the University of International Business and Economics ("UIBE"). With the aim of becoming one of the leading professional training companies in the PRC, China HCM is committed to providing custom-made educational and vocational training to PRC enterprises and individuals to help them increase their international competitiveness.