BEIJING, July 18,
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 that its succeeded in winning two
tenders. The first successful tender concerns a project to upgrade
the intelligent classroom solutions at Hulunbuir College, and the
second involves the procurement of a new recording system for the
Inner Mongolia University of Science and Technology, Baotou Medical
College. Delivering its one-stop integrated intelligent education
solutions, the Company will advance the institutions' intelligent
education development.
Supported by an array of patented technologies and responding to
dynamic market demand and new innovation, Ambow's one-stop
intelligent education solution, combining teaching, learning and
management, provides high-quality, cross-device and
multi-situational live and recorded services. While meeting the
diverse needs of different educational environments, the Company
expanded its remote applications, facilitating users' effective
response to crises, including the epidemic. In addition, it
assisted colleges and universities in extending and developing
their learning resources and space, promoted innovative lecture
models, and optimized the teaching environment. Ambow solutions'
continuous improvement will support its deeper integration within
higher education and ensure its technology keeps driving important
advances in the sector.
Dr. Jin Huang, President and
Chief Executive Officer of Ambow, commented, "Colleges and
universities are key venues for applying and developing intelligent
education products. With substantial recognition from progressively
more colleges and universities, we are more determined than ever to
follow the path of technological innovation. Leveraging our
experience accumulated over the past 20 years in the vocational
education sector as well as our proprietary technologies, we'll
further expand our business capabilities and share educational
outcomes, deepening our commitment to provide educators and
students across the nation with world-class educational resources
and services."
About Ambow Education Holding Ltd.
Ambow Education Holding Ltd. is a leading national provider of
educational and career enhancement services in China, 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 15 out of the 34 provinces and autonomous regions
within China.
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.