BEIJING, May 28, 2021 /PRNewswire/ -- RISE Education
Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU), a leading
junior English Language Training ("ELT") provider in China, today announced two new aptitude
training products, WhySTEAM and Hiyeah, to further complete its
aptitude training ecosystem.
As a RISE brand focusing on STEAM-oriented aptitude development
for children, WhySTEAM aims to, through cognitive skills training
and development, which includes math logical thinking, science
literacy and science exploration. The courses are designed for
nurturing deep understanding of conceptual thinking and innovative
problem-solving. The Company believes that cognitive thinking
skills are a crucial part of child development and parents are
placing an increasingly high value on this. The Company has
received positive feedback on its STEAM courses, which were
introduced last year. Under this new branding, WhySTEAM, RISE
expects continue to improve the learning experience of students and
effectively enhance their comprehensive aptitude skills.
As a brand focusing on children's social interaction and
emotional development, growth mindset and family education support,
Hiyeah advocates the combination of abilities and practice. It is
designed to cultivate children's character, personality and social
skills in order to foster core strengths for future academic
achievements. It aims to develop a leading systematic training
program in China that focuses on
the social-emotional development of children.
The official announcement of WhySTEAM and Hiyeah represents an
acceleration of the development of RISE's aptitude training
ecosystem. With the two new products and its core ELT courses, RISE
will continue to provide its customers with comprehensive aptitude
training solutions based on an online-merge-offline model, and
seeks to build a better education ecosystem for children and
parents. It is expected that the new brands and products will help
RISE further diversify its product offerings and improve its brand
positioning, which will facilitate the future development of
RISE.
About RISE
RISE is a leading service provider in China's junior ELT market, which refers to
after-school English teaching and tutoring services provided by
private education institutions to students aged three to 18. We
pioneered the "subject-based learning" teaching philosophy in
China, whereby various subject
matters, such as language arts, math, natural science and social
science, are used to teach English. RISE courses use interactive
courseware to create an immersive English learning environment that
helps students learn to speak and think like a native speaker. For
more information, please visit http://ir.risecenter.com/.
Safe Harbor Statement
This press release contains statements of a forward-looking
nature. These statements, including the statements relating to the
Company's future financial and operating results, are made under
the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. You can identify these
forward-looking statements by terminology such as "will,"
"expects," "believes," "anticipates," "intends," "estimates" and
similar statements. Among other things, management's quotations and
the Business Outlook section contain forward-looking statements.
These forward-looking statements involve known and unknown risks
and uncertainties and are based on current expectations,
assumptions, estimates and projections about RISE and the industry.
Potential risks and uncertainties include, but are not limited to,
those relating to its ability to attract new students and retain
existing students, its ability to maintain or enhance its brand,
its ability to compete effectively against its competitors, its
ability to execute its growth strategy, its ability to introduce
new products or enhance existing products, its ability to obtain
required licenses, permits, filings or registrations, its ability
to grow or operate or effectively monitor its franchise business,
quarterly variations in its operating results caused by factors
beyond its control, macroeconomic conditions in China and government policies and regulations
relating to its corporate structure, business and industry and
their potential impact on its future business development,
financial condition and results of operations. All information
provided in this press release is as of the date hereof, and RISE
undertakes no obligation to update any forward-looking statements
to reflect subsequent occurring events or circumstances, or changes
in its expectations, except as may be required by law. Although
RISE believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that its expectations will turn out to be correct, and investors
are cautioned that actual results may differ materially from the
anticipated results. Further information regarding risks and
uncertainties faced by RISE is included in RISE's filings with the
U.S. Securities and Exchange Commission, including its annual
report on Form 20-F for the year ended December 31, 2020.
Investor Relations Contact
Aaron Li
RISE Education
Email: riseir@rdchina.net
Tel: +86 (10) 8559-9191
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SOURCE RISE Education Cayman Ltd