BEIJING, Sep. 2, 2011 /PRNewswire-Asia/ -- ChinaEdu
Corporation (NASDAQ: CEDU) ("ChinaEdu" or the "Company"), a leading
online education services provider in China, today announced that it had awarded
scholarship funds to the two winners of the Company's nationwide
Super Student Competition.
The Super Student Competition included 3,300 high school
students from across China, and
representatives from leading U.S. colleges and universities were in
attendance during the competition. The two top students were
selected through a series of academic contests, including reviews
of academic achievement and experience, written testing and
face-to-face interviews. The winners hailed from China's southeastern seaboard provinces of
Hainan and Zhejiang, highlighting the national scale of
the competition.
"We are very proud of our Super Student Competition winners,"
said Julia Huang, ChinaEdu's
chairman and chief executive officer. "They were able to stand out
among a crowd of talented and capable students, taking full
advantage of this tremendous opportunity for Chinese students and
parents to gain exposure to the U.S. college application process.
Representatives from top U.S. institutions who attended the
competition commented that they were seeing more and more
applicants with strong English, international experience and a
sophisticated understanding of the world. Growing numbers of
Chinese students recognize investment in supplementary language
instruction and extracurricular activities, such as those provided
by ChinaEdu's international and elite programs, as a gateway to
U.S. colleges and universities. We anticipate even greater
participation in the competition next year and we are confident
that this annual event will further enhance our brand across
China."
The Super Student Competition began in May of 2011, lasting
three months. The contest was promoted primarily through education
seminars and cooperation with Netease.com, a leading Chinese news
website. Scholarship funds awarded to the two winners will be put
towards university education expenses. Other participating students
were given the opportunity to apply to top U.S. universities with
waived application fees and access to additional scholarship
opportunities provided by individual universities.
About ChinaEdu
ChinaEdu Corporation is an educational services provider in
China, incorporated as an exempted
limited liability company in the Cayman
Islands. Established in 1999, the Company's primary business
is to provide comprehensive services to the online degree programs
of leading Chinese universities. These services include academic
program development, technology services, enrollment marketing,
student support services and finance operations. The Company's
other lines of businesses include the operation of private primary
and secondary schools, online interactive tutoring services and
providing marketing, support for international curriculum programs
and online learning community for adult students.
The Company believes it is the largest service provider to
online degree programs in China in
terms of the number of higher education institutions that are
served and the number of student enrollments supported. The Company
currently has 17 long-term contracts that generally vary from 10 to
50 years in length. ChinaEdu also performs recruiting services for
21 universities through our nationwide learning center network.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in 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 quotations from management in this
press release contain forward-looking statements. Such statements
involve certain risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking
statements. Further information regarding these and other risks is
included in the Company's filings with the U.S. Securities and
Exchange Commission, including its registration statement on Form
F-1 and its annual report on Form 20-F. The Company does not
undertake any obligation to update any forward-looking statement as
a result of new information, future events or otherwise, except as
required under applicable law.
For investor and media inquiries, please contact:
Helen Plummer
Senior Investor Relations Coordinator
ChinaEdu Corporation
Phone: +86 13911672124
E-mail: helen@chinaedu.net
Jin Yu
Investor Relations Manager
ChinaEdu Corporation
Phone: +86 15711096022
E-mail: jinyu@chinaedu.net
SOURCE ChinaEdu Corporation