China Education Resources Inc. Soccer Program Update
January 22 2018 - 9:00AM
China Education Resources, Inc. ("CER") (TSX-V:CHN) (OTC:CHNUF), an
ed-tech company with leading technology of intelligent system and
contents to provide online/offline learning, training courses and
social media for teachers, students and education professionals,
today provides shareholders and investors with an update on its
soccer program.
Further to its press release of December 6, 2017, CER is working
on an indoor kids soccer training program. Building upon CER’s
existing soccer education products and contents, CER has rented a
2,900 square feet space in a shopping mall to start its indoor kids
soccer training program. The program will offer face to face soccer
training together with CER’s online soccer training platform with
video contents and online/offline interaction among students,
coaches and parents.
Shopping malls in big cities of China now house early-stage
educational institutes that offer classes covering every
conceivable subject, ranging from English language to arts.
According to research reports, the early-stage education market is
still nascent in China, with 2017 sales revenue expected to top $30
billion USD. "Asian parents spend seven times more money on their
kids' education than American parents do. Connecting users and
teachers through the internet is another way to solve the imbalance
in the educational resource distribution.” industry observers
said.
The Central Government of China is in the process of
implementing national soccer plan with the aim of popularizing
soccer knowledge and skills, developing soccer interests through
organizing soccer activities on campus in various forms, and
supporting family -oriented social soccer activities. The
Government also encourages in-depth integration of internet
technology with soccer education, with a focus on mobile internet,
e-commerce, data, new technology and new industry; supporting the
development of soccer mobile applications, internet and mobile
phone soccer games, soccer theme animation and film and television
works.
Without a doubt, there is a huge soccer market in China, and we
believe soccer education has a great potential. We are pleased to
have made progress on our soccer program and will continue to
update shareholders on CER’s future development.
In collaboration with China's education administrators and
experts, China Education Resources has been helping to transform
the curriculum of the world's largest educational system.
Recognizing the need to address education reform changes, China
Education Resources has created educational tools and curriculum
for China's entire kindergarten through twelfth grade system. The
Company is playing an integral part in transforming China's
educational system through helping to convert the existing
educational system from a memory-based learning system to a
creative thinking and interactive approach. Presently, China
Education Resources has over 1 million kindergartens through
twelfth grade teachers registered through its Web portal. For more
information, please visit www.chinaeducationresources.com or call
(604) 331-2388.
Safe Harbor Statement
Certain statements made herein, and other
statements relating to matters that are not historical facts and
statements of our beliefs, intentions and expectations about
developments, results and events which will or may occur in the
future, constitute "forward-looking information" within the meaning
of applicable securities legislation. Forward-looking information
and statements are typically identified by words such as
"anticipate", "could", "should", "expect", "seek", "may", "intend",
"likely", "plan", "estimate", "will", "believe" and similar
expressions suggesting future outcomes or statements regarding an
outlook. All such forward-looking information and statements are
based on certain assumptions and analysis made by China Education
Resources, Inc.'s management in light of their experience and
perception of historical trends, current conditions and expected
future developments, as well as other factors management believes
are appropriate in the circumstances. These statements, however,
are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ
materially from those projected in the forward-looking information
or statements. Important factors that could cause actual results to
differ from these forward-looking statements include those
described under the heading "Risks and Uncertainties" elsewhere in
the Company's MD&A filed at www.SEDAR.com. The reader is
cautioned not to place undue reliance on forward-looking
information or statements. Except as required by law the Company
does not assume the obligation to revise or update these
forward-looking statements after the date of this document or to
revise them to reflect the occurrence of future, unanticipated
events.
The TSX Venture Exchange has not reviewed, and
does not accept, responsibility for the adequacy or accuracy of the
contents of this press release. Contact China Education Resources
at: (604) 331-2388Email: admin@chinaeducationresources.com.Website:
http://www.chinaeducationresources.com
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