BEIJING, Jan. 25, 2022 /PRNewswire/ -- Ambow
Education Holding Ltd. ("Ambow" or the "Company") (NYSE American:
AMBO), a leading cross-border career educational and technology
service provider, today announced the official opening of its
Microelectronics Talent Cultivation Center (the "Center"). Founded
in cooperation with the North
China University of Technology ("NCUT"), the Center promotes
Ambow's long-standing strategy of integrating domestic and
international industry requirements into China's broader education system to improve
industry-academy cooperation and coordinated talent
development.
Dr. Jin Huang, Ambow's President
and CEO, commented, "The Microelectronics Talent Cultivation Center
is a bold step forward in Ambow's efforts to forge a new
enterprise-university cooperation model. We believe our deepening
collaboration with NCUT will inspire engagement and innovation
among business and academic leaders, advancing the industry as a
whole. As we build effective connections between universities and
enterprises and train high-quality talents with advanced skills and
practical experience, we will facilitate technology transformation
for our society."
Ambow and NCUT initially joined forces in October 2021 to cultivate a new Integrated
Circuit ("IC") Talent Ecosystem, establishing a strong foundation
for further collaboration. To expand on the partnership's success
and explore a new path for the future development of the
microelectronics industry, Ambow worked with NCUT's
highly-sophisticated Technology and Innovation Research Institute
to jointly create the Center. By providing top talent with core
microelectronics training, the Center aims to develop a sustainable
talent pipeline and technology support for the growing
microelectronics sector, while also relieving the domestic shortage
of application-focused talent and senior R&D professionals in
the IC industry.
About Ambow Education Holding Ltd.
Ambow Education Holding Ltd. is a leading cross-border
career educational and technology service provider,
offering high-quality, individualized services and products. With
its extensive network of regional service hubs complemented by a
dynamic proprietary learning platform and distributors, Ambow
provides its services and products to students
in China and United States of America.
Follow us on Twitter: @Ambow_Education
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Among other things,
the outlook and quotations from management in this announcement, as
well as Ambow's strategic and operational plans, contain
forward-looking statements. Ambow may also make written or oral
forward-looking statements in its reports filed or furnished to the
U.S. Securities and Exchange Commission, in its annual reports to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Forward-looking statements involve inherent risks
and uncertainties. A number of factors could cause actual results
to differ materially from those contained in any forward-looking
statements, including but not limited to the following: the
Company's goals and strategies, expansion plans, the expected
growth of the content and application delivery services market, the
Company's expectations regarding keeping and strengthening its
relationships with its customers, and the general economic and
business conditions in the regions where the Company provides its
solutions and services. Further information regarding these and
other risks is included in the Company's filings with the U.S.
Securities and Exchange Commission. All information provided in
this press release is as of the date of this press release, and
Ambow undertakes no duty to update such information, except as
required under applicable law.
For investor and media inquiries please contact:
Ambow Education Holding Ltd.
Tel: +86 10-6206-8000
The Piacente Group | Investor Relations
Tel: +1 212-481-2050 or +86 10-6508-0677
Email: ambow@tpg-ir.com
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SOURCE Ambow Education Holding Ltd.