BEIJING, July 23, 2021 / PRNewswire / – Rise Education Cayman Ltd (“RISE” or “the Company”) (NASDAQ: REDU), a leading educational services provider focused on developing cognitive training and skills for young children in China, today noted that some English and Chinese language media reported that regulators in the PRC are considering a new set of regulations regarding the extracurricular tutoring service related to the school subjects taught from China compulsory education system. The reported settlements have not been published and the Company has not received formal notification of the settlements. The Company’s policy is not to comment on market speculation.
RISE Education Cayman Ltd. (“RISE” or the “Company”) (NASDAQ: REDU) is a leading educational services provider focused on the development of cognitive training and skills for young children facilitated by a integrated online-merge-offline (OMO) model of pedagogical approach. Since its inception in 2007, RISE has focused on building a holistic education system that helps children develop comprehensive skills and cultivate their talents with vision, motivation and innovation.
The company’s mission is to create a skills education ecosystem specializing in early childhood development, cognitive thinking and skills training. Through digital transformation and continuous upgrading of its business and operations, RISE consists of five brands – RISE English, a brand of skills training for students over six years of age; Hiyeah, a brand focused on social interaction and emotional development for children aged three to eight; WhySTEAM, a brand focused on building STEAM-focused skills for children under eight; RISE Study Tour, a brand for the comprehensive development of students’ practical skills; and The Edge, a premium brand for academic tutoring, test preparation and admission counseling services, please visit http://ir.risecenter.com/.
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SOURCE RISE Education Cayman Ltd