2022-04-14 | NYSEAM:AMBO | Press release


BEIJING, April 14, 2022 /PRNewswire/ — Ambow Education Holding Ltd. (“Ambow” or the “Company”) (NYSE American: AMBO), a leading cross-border provider of career education and technology services, today announced that 174 of its academic collaboration projects are listed in the Notice of Approved Projects of the Education Program to Connect Talent Supply and Demand to Promote Employment (Phase I), recently released by the Department of Student Affairs, Ministry of Education (MoE). Ambow has cooperated with 146 universities to produce these projects, which advance Ambow’s strategy of integrating domestic and international industry requirements into China broader education system to facilitate industry-academy cooperation and talent development.

dr. Jin HuangChairman and CEO of Ambow, said, “Given our society’s rapid technological development and higher levels of specialization, demands on the quantity and quality of talent are increasing across all industries. Building on the MoE’s education program to connect talent supply and demand to promote employment, Ambow will focus on unique and innovative talent development strategies and work with universities to cultivate endowed talent. versatile, practical and in-demand skills, enabling more university graduates to become future leaders of our society and our country’s development. “

Like China As a leading provider of education and career development services, Ambow has first-class cooperation resources both at home and abroad, as well as a strong talent pool of scientific research professionals. In terms of professional education, Ambow has leveraged its cloud service platform and university service system to design and implement a wide range of collaborative projects with hundreds of universities in China, including the joint creation of academic specialties, the development of laboratories and the training of teachers. Universities, educational centers and field training camps directly affiliated with the Company on the East and West Coasts of the United States and throughout the beijingTianjinHebei region, eastern China, southwest china and northeast china offer comprehensive services to its university partners and help university graduates obtain better jobs. Ambow’s projects approved by the Ministry of Education include 143 basic internship projects and 31 human resource improvement projects.

About Ambow Education Holding Ltd.

Ambow Education Holding Ltd. is a leading cross-border provider of career education and technology services, offering high-quality personalized services and products. With its extensive network of regional service centers complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in China and the United States of America.

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Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “will”, “expect”, “anticipate” , “future”, “intends”, “plans”, “believes”, “estimates” and similar statements. Among other things, the outlook and management quotes in this announcement, as well as Ambow’s strategic and operating plans, contain forward-looking statements. Ambow may also make written or oral forward-looking statements in its reports filed with or provided to the United States 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 the forward-looking statements, including, but not limited to, the following: the Company’s objectives and strategies, expansion plans , the expected growth of the content and application delivery services market, the Company’s expectations regarding maintaining and strengthening its relationships with its customers, and 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 United States Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Ambow assumes no obligation to update such information except as required by applicable law.

For investor and media inquiries, please contact:

Ambow Education Holding Ltd.

Tel: +86 10-6206-8000

Piacente Group | Investor Relations

Tel: +1 212-481-2050 or +86 10-6508-0677

E-mail: ambow@tpg-ir.com

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SOURCEAmbow Education Holding Ltd.


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