Ambow among the First Companies Approved for MoE’s 2021 Education Program for Connecting Talent Supply and Demand to Promote Employment

BEIJING, Dec. 16, 2021 /PRNewswire/ — Ambow Education Keeping Ltd. (“Ambow” or the “Business”) (NYSE American: AMBO), a main cross-border vocation instructional and technological innovation provider provider, nowadays introduced that Beijing Ambow Dacheng Schooling and Engineering Co., Ltd., a subsidiary of Ambow, has been authorized for its proposed jobs submitted to the 2021 Instruction Software for Connecting Expertise Source and Demand from customers to Promote Work (the “Method”), as not long ago released by the Division of College Learners Affairs of the Ministry of Training (MoE).

Based mostly on the CPC Central Committee and State Council’s recommendations for preserving work stability, this Method aims to attain efficient connections among expertise offer and demand from customers, deepen university–industry integration and amplify college-company cooperation. As one of the first relevant organizations, Ambow will undertake the following initiatives: the progress of exercise centers giving trainings and internships for graduates, and the institution of a human resources improvement initiative to assistance quick-monitor recruitment cooperation involving enterprises and universities.

Dr. Jin Huang, President and Chief Government Officer of Ambow, commented, “Amid rapid technological innovation advancement and larger amounts of specialization, the prerequisites for quantity and excellent of expertise are rising throughout all industries. Reflecting these transformational needs, Ambow has been actively aiding enterprises to aid the upgrading of their expertise. Because 2017, Ambow has received multiple approvals for the MoE’s Business-College Cooperation and Collaborative Instruction Task. Searching in advance, we will persist in leveraging our strengths and sources gathered over the previous 20 yrs, promoting the productive connection concerning academia and small business, and fostering the harmony in the source and demand for expertise.”

About Ambow Education Holding Ltd.

Ambow Instruction Holding Ltd. is a foremost cross-border job educational and engineering company provider, featuring superior-excellent, individualized services and solutions. With its extensive community of regional company hubs complemented by a dynamic proprietary studying system and distributors, Ambow presents its products and services and merchandise to learners in China and United States of America.

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Secure Harbor Assertion

This announcement contains forward-looking statements. These statements are produced underneath the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These ahead-searching statements can be recognized by terminology these kinds of as “will,” “expects,” “anticipates,” “foreseeable future,” “intends,” “strategies,” “believes,” “estimates” and very similar statements. Among the other matters, the outlook and quotations from administration in this announcement, as properly as Ambow’s strategic and operational plans, have ahead-looking statements. Ambow may perhaps also make created or oral forward-on the lookout statements in its studies submitted or furnished to the U.S. Securities and Trade Commission, in its yearly stories to shareholders, in press releases and other created products and in oral statements produced by its officers, directors or staff to third functions. Ahead-searching statements entail inherent pitfalls and uncertainties. A number of elements could result in genuine final results to vary materially from people contained in any ahead-looking statements, together with but not minimal to the adhering to: the Company’s ambitions and strategies, expansion designs, the predicted development of the information and software shipping products and services industry, the Firm’s anticipations pertaining to trying to keep and strengthening its relationships with its shoppers, and the common financial and organization situations in the regions exactly where the Business delivers its answers and solutions. Even further details with regards to these and other challenges is provided in the Company’s filings with the U.S. Securities and Trade Commission. All details offered in this push launch is as of the date of this press launch, and Ambow undertakes no responsibility to update such details, except as demanded less than applicable regulation.

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