SINGAPORE, Aug. 15, 2022 /PRNewswire/
-- China Online Education Group ("51Talk" or the "Company")
(NYSE: COE), a global online education platform with core expertise
in English education, today announced that the audit committee of
its board of directors and the board of directors have approved the
dismissal of PricewaterhouseCoopers Zhong Tian LLP ("PwC") as its
independent registered public accounting firm and the engagement of
Marcum Bernstein & Pinchuk LLP
("MBP") as the Company's independent registered public accounting
firm. MBP will be engaged to audit the annual consolidated
financial statements of the Company and its subsidiaries (the
"Group") filed with the U.S. Securities and Exchange Commission for
the fiscal year ending December 31,
2022.
This transition was not the result of any disagreements or
unresolved matters with PwC ,the incumbent auditor of the Company,
and there are no matters with respect to this transition that need
to be brought to the attention of the Company's shareholders.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements which are made pursuant to 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," "aims,"
"future," "intends," "plans," "believes," "estimates," "likely to,"
and similar statements. 51Talk may also make written or oral
forward-looking statements in its periodic reports to the
Securities and Exchange Commission ("SEC"), in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including
statements about 51Talk's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. Further information regarding
these and other risks is included in 51Talk's filings with the SEC.
All information provided in this press release is as of the date of
this press release, and 51Talk does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
About China Online Education Group
China Online Education Group (NYSE: COE) is a global online
education platform with core expertise in English education. The
Company's mission is to make quality education accessible and
affordable. The Company's online and mobile education platforms
enable students to take live interactive English lessons on demand.
The Company connects its students with a large pool of highly
qualified teachers that it assembled using a shared economy
approach, and employs student and teacher feedback and data
analytics to deliver a personalized learning experience to its
students.
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SOURCE China Online Education Group