Ambow Educ Hldg Ltd (AMBOY) 0.1350 $AMBOY
Ambow Education Announces First Half 2015 Unaudited Financial Results
PR Newswire - Tue Sep 15, 6:00AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company"
, a leading national provider of educational and career enhancement services in China, today announced unaudited financial and operating results for the six months ended June 30, 2015.
Ambow Completes Reverse Stock Split
PR Newswire - Fri Sep 04, 6:00AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company" , a leading national provider of educational and career enhancement services in China, today announced that it has completed a one-for-thirty reverse stock split of its issued and outstanding Class A ordinary shares ("Class A Shares" and the American Depositary Shares ("ADS" . Beginning with the opening of trading on Friday, September 4, 2015, the Company's ADS will trade on a split-adjusted basis, with a new CUSIP of 02322P200. The ratio of ADS to Class A Shares will remain the same: one to two. As per FINRA regulations, the Company's ticker symbol will be changed to "AMBOD" for 20 business days, after which, the symbol will revert back to "AMBOY." Immediately after the reverse stock split becomes effective, the Company has 37,859,756 Class A Ordinary Shares, of which 37,780,846 Class A Ordinary Shares are issued and outstanding. Additionally, of the 37,859,756 Class A Ordinary Shares, 747,883 ADRs, representing 1,495,766 underlying ordinary shares, were held of record by DTC, the Depository Trust Company, under the nominee name of Cede & Co., on behalf of DTC participants.
Ambow's Application-Oriented Education System and Innovative Model Passes MOE Accreditation Review
PR Newswire - Thu Jun 11, 9:45AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company" , a leading national provider of educational and career enhancement services in China, today announced Ambow's Application-Oriented Education System and Innovative Model (the "Model" has passed an accreditation review led by China's Ministry of Education (MOE) following a series of achievements appraisals conducted to provide official recognition for Ambow's services. As of today, Ambow has offered its unique services to over 500,000 students in China.
Ambow Names Chiao-Ling Hsu as Chief Operating Officer
PR Newswire - Mon Jun 01, 6:00AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company" , a leading national provider of educational and career enhancement services in China, today announced that it has appointed Ms. Chiao-Ling Hsu as Chief Operating Officer, effective immediately.
Ambow Files its Annual Report on Form 20-F for Fiscal Year 2014
PR Newswire - Tue Apr 21, 3:17PM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company" (OTCBB: AMBOY), a leading national provider of educational and career enhancement services in China, today announced that it has filed its annual report on Form 20-F for the year ended December 31, 2014 with the Securities and Exchange Commission (the "SEC" on April 20, 2015.
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of American Depository Shares of Ambow Education Holding, Ltd.
GlobeNewswire - Fri Dec 12, 7:04AM CST
The Rosen Law Firm, P.A. announces that the United States District Court Central District of California Western Division has approved the following announcement of a proposed class action settlement that would benefit purchasers of American Depository Shares of Ambow Education Holding, Ltd. (OTCMKTS:AMBOY):
China Education and Training Industry Report 2014-2017
M2 - Fri Oct 24, 8:15AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rx2kj4/china_education) has announced the addition of the "China Education and Training Industry Report, 2014-2017" report to their offering. There are many education and training institutions but few large ones. As of the end of 2013, China had boasted a total of 112,300 education & training institutions but few of them could achieve annual revenue of more than RMB1 billion. The companies with higher proceeds consist of New Oriental Education & Technology Group, Inc., Xueda Education, TAL Education Group, etc., and the three's revenue in 2013 was respectively up to USD1.055 billion (RMB6.437 billion), USD347 million (RMB2.116 billion), and USD287 million (RMB1.764 billion). The overwhelm majority of companies sees their annual revenue of less than RMB1 billion. Competition pricks up, and the training institutions with weak comprehensive strength are merged or exited the market. During 2003-2013, the number of education & training institutions in China fell from 230,600 to 112,300, a sharp drop of 51.3%. Policy environment for private education gets better and further open. Chinese Government encourages and guides private capital into the education sector and continuously consummates relevant financial and tax policies. Vocational education rises as a national strategy. In June, 2014, the State issued the Decision of the State Council on Accelerating the Development of Modern Vocational Education and the Modern Vocational Education System Construction Planning (2014-2020). Traditional education and training institutions make more investment in online business. In 2013-2014, online education attracted the massive inrush of capital, and internet firms, venture companies, startups and otherwise all have made arrangements in online education. Also, traditional offline education & training institutions (New Oriental Education & Technology Group, Inc., TAL Education Group, Xueda Education, Juren Education, Longwen Education, Huatu Education, etc.) made more efforts in online business and mainly built O2O model by dint of their offline business. For example, New Oriental Education & Technology Group, Inc. has established a blended learning platform by depending on XDF.cn, an intelligent recorded online learning platform by relying on koolearn.com, and an open live online education platform by dint of Koo.cn. Besides, Weixue Mingri, which is co-funded by New Oriental Education & Technology Group and Tencent is exploring mobile learning field. Key Topics Covered: 1. Schools, Students and Training Institutions 2. Education & Training Development Environment 3. Development of Vocational Education 4. Development of Non-Government Funded Education 5. Overall and Segmental Market of Education Training Industry 6. Key Enterprises in Education and Training Industry - ATA Inc. - Ambow Education Holding Ltd. - China Distance Education Holdings Ltd. - China Education Alliance Inc. - ChinaEdu Corporation - K-12 Education - New Oriental Education & Technology Group, Inc. - Pearson Group - Shenzhen Kingsun Science & Technology - TAL Education Group - Tarena International - Xueda Education For more information visit http://www.researchandmarkets.com/research/rx..._education
DL: 13.65 (+0.09), TEDU: 9.78 (+0.13), XRS: 34.07 (+0.24)
Ambow Education Holding Ltd. Creditors Convert US$35 million of Loans into Class A Ordinary Shares
PR Newswire - Tue Sep 09, 6:00AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company" AMBOY), a leading national provider of educational and career enhancement services in The People's Republic of China, today announced that China Education Investment Holding Limited ("CEIHL" and SummitView Investment Fund I, L.P. ("SummitView" converted a total of US$35 million of loans made to the Company into Class A ordinary shares.
Ambow Education Announces First Half 2015 Unaudited Financial Results
PR Newswire - Tue Sep 15, 6:00AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company"
, a leading national provider of educational and career enhancement services in China, today announced unaudited financial and operating results for the six months ended June 30, 2015. Ambow Completes Reverse Stock Split
PR Newswire - Fri Sep 04, 6:00AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company"
, a leading national provider of educational and career enhancement services in China, today announced that it has completed a one-for-thirty reverse stock split of its issued and outstanding Class A ordinary shares ("Class A Shares" and the American Depositary Shares ("ADS" . Beginning with the opening of trading on Friday, September 4, 2015, the Company's ADS will trade on a split-adjusted basis, with a new CUSIP of 02322P200. The ratio of ADS to Class A Shares will remain the same: one to two. As per FINRA regulations, the Company's ticker symbol will be changed to "AMBOD" for 20 business days, after which, the symbol will revert back to "AMBOY." Immediately after the reverse stock split becomes effective, the Company has 37,859,756 Class A Ordinary Shares, of which 37,780,846 Class A Ordinary Shares are issued and outstanding. Additionally, of the 37,859,756 Class A Ordinary Shares, 747,883 ADRs, representing 1,495,766 underlying ordinary shares, were held of record by DTC, the Depository Trust Company, under the nominee name of Cede & Co., on behalf of DTC participants. Ambow's Application-Oriented Education System and Innovative Model Passes MOE Accreditation Review
PR Newswire - Thu Jun 11, 9:45AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company"
, a leading national provider of educational and career enhancement services in China, today announced Ambow's Application-Oriented Education System and Innovative Model (the "Model" has passed an accreditation review led by China's Ministry of Education (MOE) following a series of achievements appraisals conducted to provide official recognition for Ambow's services. As of today, Ambow has offered its unique services to over 500,000 students in China. Ambow Names Chiao-Ling Hsu as Chief Operating Officer
PR Newswire - Mon Jun 01, 6:00AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company"
, a leading national provider of educational and career enhancement services in China, today announced that it has appointed Ms. Chiao-Ling Hsu as Chief Operating Officer, effective immediately. Ambow Files its Annual Report on Form 20-F for Fiscal Year 2014
PR Newswire - Tue Apr 21, 3:17PM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company"
(OTCBB: AMBOY), a leading national provider of educational and career enhancement services in China, today announced that it has filed its annual report on Form 20-F for the year ended December 31, 2014 with the Securities and Exchange Commission (the "SEC" on April 20, 2015. The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of American Depository Shares of Ambow Education Holding, Ltd.
GlobeNewswire - Fri Dec 12, 7:04AM CST
The Rosen Law Firm, P.A. announces that the United States District Court Central District of California Western Division has approved the following announcement of a proposed class action settlement that would benefit purchasers of American Depository Shares of Ambow Education Holding, Ltd. (OTCMKTS:AMBOY):
China Education and Training Industry Report 2014-2017
M2 - Fri Oct 24, 8:15AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rx2kj4/china_education) has announced the addition of the "China Education and Training Industry Report, 2014-2017" report to their offering. There are many education and training institutions but few large ones. As of the end of 2013, China had boasted a total of 112,300 education & training institutions but few of them could achieve annual revenue of more than RMB1 billion. The companies with higher proceeds consist of New Oriental Education & Technology Group, Inc., Xueda Education, TAL Education Group, etc., and the three's revenue in 2013 was respectively up to USD1.055 billion (RMB6.437 billion), USD347 million (RMB2.116 billion), and USD287 million (RMB1.764 billion). The overwhelm majority of companies sees their annual revenue of less than RMB1 billion. Competition pricks up, and the training institutions with weak comprehensive strength are merged or exited the market. During 2003-2013, the number of education & training institutions in China fell from 230,600 to 112,300, a sharp drop of 51.3%. Policy environment for private education gets better and further open. Chinese Government encourages and guides private capital into the education sector and continuously consummates relevant financial and tax policies. Vocational education rises as a national strategy. In June, 2014, the State issued the Decision of the State Council on Accelerating the Development of Modern Vocational Education and the Modern Vocational Education System Construction Planning (2014-2020). Traditional education and training institutions make more investment in online business. In 2013-2014, online education attracted the massive inrush of capital, and internet firms, venture companies, startups and otherwise all have made arrangements in online education. Also, traditional offline education & training institutions (New Oriental Education & Technology Group, Inc., TAL Education Group, Xueda Education, Juren Education, Longwen Education, Huatu Education, etc.) made more efforts in online business and mainly built O2O model by dint of their offline business. For example, New Oriental Education & Technology Group, Inc. has established a blended learning platform by depending on XDF.cn, an intelligent recorded online learning platform by relying on koolearn.com, and an open live online education platform by dint of Koo.cn. Besides, Weixue Mingri, which is co-funded by New Oriental Education & Technology Group and Tencent is exploring mobile learning field. Key Topics Covered: 1. Schools, Students and Training Institutions 2. Education & Training Development Environment 3. Development of Vocational Education 4. Development of Non-Government Funded Education 5. Overall and Segmental Market of Education Training Industry 6. Key Enterprises in Education and Training Industry - ATA Inc. - Ambow Education Holding Ltd. - China Distance Education Holdings Ltd. - China Education Alliance Inc. - ChinaEdu Corporation - K-12 Education - New Oriental Education & Technology Group, Inc. - Pearson Group - Shenzhen Kingsun Science & Technology - TAL Education Group - Tarena International - Xueda Education For more information visit http://www.researchandmarkets.com/research/rx..._education
DL: 13.65 (+0.09), TEDU: 9.78 (+0.13), XRS: 34.07 (+0.24)
Ambow Education Holding Ltd. Creditors Convert US$35 million of Loans into Class A Ordinary Shares
PR Newswire - Tue Sep 09, 6:00AM CDT
Ambow Education Holding Ltd. ("Ambow" or the "Company" AMBOY), a leading national provider of educational and career enhancement services in The People's Republic of China, today announced that China Education Investment Holding Limited ("CEIHL"
and SummitView Investment Fund I, L.P. ("SummitView" converted a total of US$35 million of loans made to the Company into Class A ordinary shares. 
