INVESTORS
ARE BETTING BIG ON CHINA'S $36 BILLION ONLINE EDUCATION MARKET AS
COVID19 CREATES SURGE IN NEW USERS
June 23, 2020 --
InvestorsHub NewsWire -- via INS Digital Media -- One company
poised for considerable growth is China Liberal Education Holdings
Limited (NASDAQ:CLEU).
China Liberal is located in Beijing and reported $5,000,000 in
revenues in 2019, as an educational service provider. There are 135
million paying users of online education services in China, a
number which is expected to more than double to 296 million by the
end of 2020. By then, the market is expected to be worth as much as
433 billion yuan (62 billion U.S. dollars).
China Liberal
Holdings mission is to provide China's students, including online
students, with the tools to excel in a global environment.
CLEU is currently poised to add new online services to service the
almost 300 million online students in China that are expected this
year as a result of Covid-19. Smart companies in this space are
expected to capitalize on the change in lifestyle that accompanies
a viral threat of this magnitude. China Liberal and several other
companies like Sunlands and Qtone strive to meet the needs of the
ever growing number of online students but the question is; If
covid. CLEU provides a wide variety of educational services and
products which aim to address the needs of partnering schools and
students. These students require services provided under
Sino-foreign jointly managed academic programs. This makes China
Liberal unique in that they also provide overseas study consulting
services and technological consulting services provided to targeted
Chinese universities. This improves their campus information and
data management system to optimize their teaching, operating, and
management environment they are calling a "smart campus"
("Technological Consulting Services for Smart Campus Solutions").
They also provide tailored job readiness training to graduating
students ("Integration of Enterprises and Vocational Education"),
acting as the key bridge between their partner schools and
employers.
CLEU
develops and provides textbooks, online resources, and other course
materials to students enrolled under the Sino-foreign Jointly
Managed Academic Programs to ensure the quality of students
learning outcomes. Globally educational providers are reinventing
the way students learn and in China the demand is massive. China
has the largest education system in the world, with almost 260
million students, over 15 million teachers, in about 514,000
schools (National Bureau of Statistics of China 2014). This is
excluding graduate, education institutions. China's education
system is not only immense but diverse. Education
in China/Report
China Liberal
priced its initial public offering ("IPO") of 1,333,333 ordinary
shares at $6.00 per ordinary share, before underwriting discounts
and offering expenses, resulting in gross proceeds of $8,000,000
back in May 2020. Since then the stock has hit a new 52 week high
of $6.50 before settling back down around $5.00. Recently the stock
has broken the price channel that it has been trading in and closed
at $5.22 yesterday, June 22nd. Due to the companies small share
structure, the stock has seen major moves with higher
volume.
China Liberal Education Holdings in the Market:
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