BEIJING, Sept. 23,
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 Ambow's Genesis Career Enhancement ("Genesis")
subsidiary recently held a grand signing ceremony celebrating its
new cooperation with Guangzhou Wanda Sports Development Co. Ltd.
("Wanda Sports") and Wanda Training
Center in Wanda Plaza, Chaoyang District, Beijing.
As a professional organization focusing on experiential training
services for the past 27 years, Genesis brings to the collaboration
its deep experience and extensive customer resources in the
experiential training field. According to the cooperation service
agreement, Genesis will provide professional outward bound training
services, teachers and a teacher training team, training course
content and customer resources. Wanda
Sports is one of the largest sports companies in
China in terms of both business
scale and resources, with rich event resources, content operation
experience and brand customer assets, and will provide event
resources, advertising campaigns and brand customers. Furthermore,
Wanda Training Center offers high reception capacity as well as
broad service experience and field resources, which it will
contribute to the partnership for logistic support purpose.
Dr. Jin Huang, President and CEO
of Ambow, commented, "This strategic cooperation marks an important
step in our efforts to collaboratively expand our outward bound
training services. As we integrate the three parties' business
resources, we will better satisfy each company's business demands
while laying a solid foundation for future development. Looking
ahead, Genesis will remain dedicated to experiential training and
focus on upgrading its experiential training services, continuously
exploring and developing training solutions and quality courses to
fulfill our partners' requirements and ultimately provide them with
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
Follow us on Twitter: @Ambow_Education
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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
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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
SOURCE Ambow Education Holding Ltd.