BEIJING, Feb. 20, 2024 /PRNewswire/ -- TCTM Kids IT
Education Inc., formerly known as Tarena International, Inc.
(NASDAQ: TCTM) ("TCTM" or the "Company"), a leading provider of
IT-focused supplementary STEM
education services in China, today
announced the results of its Extraordinary General Meeting of
Shareholders held on February 20,
2024, in Beijing, where it
adopted a special resolution to approve its name change from
"Tarena International, Inc." to "TCTM Kids IT Education Inc.".
As previously announced, the Company has also changed the ticker
symbol of its American depositary shares listed on the Nasdaq
Capital Market from "TEDU" to "TCTM". The corporate name and ticker
symbol changes will not affect shareholders' rights, the Company's
operations, or its financial position. The Company does not intend
to change its financial strategy or financial reporting as a result
of this announcement.
About TCTM Kids IT Education Inc. (formerly known as Tarena
International, Inc.)
TCTM is a leading provider of IT-focused supplementary STEM education services in China. Through its innovative education
platform combining live distance instruction, classroom-based
tutoring and online learning modules, TCTM offers IT-focused
supplementary STEM education
programs, including computer coding and robotics programming
courses, etc., targeting students between three and eighteen years
of age. Aiming to encourage "code to learn," TCTM embraces the
latest trends in STEM
education and technology to develop children's logical thinking and
learning abilities while allowing them to discover their interests
and potential.
Safe Harbor Statement
This press release contains forward-looking statements made
under the "safe harbor" provisions of Section 21E of the Securities
Exchange Act of 1934, as amended, and 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," "confident" and similar statements. TCTM may also make
written or oral forward-looking statements in its reports filed
with or furnished to the U.S. Securities and Exchange Commission,
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. Any statements that are
not historical facts, including any business outlook and statements
about TCTM's beliefs and expectations, are forward-looking
statements. Many factors, risks and uncertainties could cause
actual results to differ materially from those in the
forward-looking statements. Such factors and risks include, but not
limited to the following: TCTM's goals and strategies; its future
business development, financial condition and results of
operations; its ability to continue to attract students to enroll
in its courses; its ability to continue to recruit, train and
retain qualified instructors and teaching assistants; its ability
to maintain or enhance its brand recognition.
Further information regarding these and other risks,
uncertainties or factors is included in TCTM's filings with the
U.S. Securities and Exchange Commission. All information provided
in this press release is current as of the date of the press
release, and TCTM does not undertake any obligation to update such
information, except as required under applicable law.
For further information, please contact:
Investor Relations Contact
TCTM Kids IT Education Inc. (formerly known as Tarena
International, Inc.)
Email: ir@tedu.cn
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SOURCE TCTM Kids IT Education Inc.