BEIJING, Sept. 28, 2020 /PRNewswire/ -- Ambow Education
Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a
leading national provider of educational and career enhancement
services in China, today announced
that it has expanded its strategic partnership with Amazon built on
its online-to-offline education SaaS platform, Huanyujun Education
Hub ("Huanyujun").
In 2018, Ambow and Amazon signed an international cooperation
agreement related to Amazon Web Services (AWS) training and
certification, agreeing to jointly build a cloud skills training
base. The AWS Global Cloud Infrastructure is the most secure,
extensive, and reliable cloud platform, offering over 175 fully
featured services from data centers globally, spanning 245
countries and territories. The expanded cooperation between
Ambow and AWS will not only include both AWS digital and
classroom training courses as well as certification services
provided by Huanyujun, but also integrate enterprise recruiting
programs and training offerings. In summary, Ambow can provide AWS
training for cloud skills, specific and catered to various
enterprise hiring needs. Registered students at Huanyujun will have
first access to sign-up for the joint program.
Leveraging its long-term proven track record in curriculum
development, professional training, job placement services, etc.,
Ambow is well positioned to tap into wider career enhancement
service offerings, including career planning, certification
training, and job placement consultancy. With a strategic focus on
integrating Ambow's digital educational resources with
brick-and-motor education assets, Ambow recently launched a new
enterprise partnership program which is backed by the cooperation
with AWS and will combine the AWS cloud training and certification
system into Ambow Panorama Digital Teaching System and Ambow Cloud
Platform, making it accessible at the Huanyujun Education Hub. This
new enterprise partnership program is designed to attract more
talented students to Huanyujun, help well-established enterprises
enhance recruiting efficiency, and enable students to gain career
certificates through digital education, ultimately strengthening
their competitive advantage when it comes to their careers.
Dr. Jin Huang, President and
Chief Executive Officer of Ambow, commented, "Our expanded
strategic cooperation with Amazon is an acknowledgment of our
successful professional education, training and certification
system. With this partnership program, the influence of Ambow
online education platform will be further enhanced and benefit more
people and institutions through Huanyujun Education Hub. Looking
ahead, we plan to continuously expand our overall collaboratory
efforts with even more global partners to further promote our
career planning, certification training, and employment services,
as well as match career enhancement and certification training
needs with online education platform services. Our goal is to
provide comprehensive and multi-level services for college
students' career development, especially for Chinese students who
intended to study abroad but are travel-restricted due to
COVID-19."
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.