SHANGHAI, Nov. 8, 2023 /PRNewswire/ — WuXi Biologics ("WuXi Bio") (2269.HK), a leading global Contract Research, Development and Manufacturing Organization (CRDMO), announced it has received an AAA rating from Morgan Stanley Capital International (MSCI) ESG Ratings, the highest rating for companies on MSCI’s letter scale from AAA (Leaders) to CCC (Laggards).

MSCI is a leading investment research firm that provides stock indexes and portfolio performance analytics to institutional investors. MSCI ESG ratings aim to measure a company’s overall management of financially relevant ESG issues. In receiving an AAA rating for outstanding performance in Key Issues of Climate Change, Corporate Governance, Talent Development, and Product Safety & Quality, MSCI designated WuXi Biologics as an industry leader in managing the most significant ESG opportunities.

Dr. Chris Chen, WuXi Biologics CEO and Chairman of the ESG Committee, commented, "We are very proud to achieve the highest rating from MSCI, which is a great recognition for our continued ESG progress. WuXi Biologics regards sustainability as the cornerstone of business development. AAA rating verifies the success of our comprehensive ESG strategy, in alignment with the company’s vision and mission, as well as the effective implementation of ESG approaches. Moving forward, we will continue to further enhance our sustainability capabilities, for the common good of the global community."

In 2023, notable achievements were made by WuXi Biologics on material ESG issues. This May, the company established a DEI Committee as the highest management body to oversee and advance DEI. In June, it signed the Science Based Targets initiative (SBTi) commitment letter, a new milestone towards Net-Zero. Additionally, in September, the company became a signatory of the United Nations Global Compact, demonstrating its commitment to robust sustainability.

About WuXi Biologics

WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.

With over 12,000 skilled employees in China, the United States, Ireland, Germany and Singapore, WuXi Biologics leverages its technologies and expertise to provide customers with efficient and cost-effective biologics discovery, development and manufacturing solutions. As of June 30, 2023, WuXi Biologics is supporting 621 integrated client projects, including 22 in commercial manufacturing.

WuXi Biologics views Environmental, Social, and Governance (ESG) responsibilities as an integral component of our ethos and business strategy, and we aim to become an ESG leader in the biologics CRDMO sector. Our facilities use next-generation biomanufacturing technologies and clean-energy sources. We have also established an ESG committee led by our CEO to steer the comprehensive ESG strategy and its implementation, enhancing our commitment to sustainability.

For more information about WuXi Biologics, please visit: www.wuxibiologics.com.

Contacts

Media
[email protected]

ESG
[email protected] 

Source : WuXi Biologics Receives AAA MSCI ESG Rating

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BEIJING, Nov. 8, 2023 /PRNewswire/ — China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, announced today that it would hold its 2023 annual general meeting of shareholders (the "AGM") at 7th Floor, Building 5, No. 2 Zhenxing Road, Changping District, Beijing 102299, People’s Republic of China on November 30, 2023, at 9:30 a.m. (China Standard Time) for the purposes of considering and, if thought fit, passing each of the proposed resolutions as defined and set forth in the notice of the AGM (the "Proposed Resolutions"). The notice of the AGM and the form of proxy for the AGM are available on the Company’s website at http://ir.chinaliberal.com/. The board of directors of the Company fully supports the Proposed Resolutions and recommends that shareholders and holders of ordinary shares vote in favor of the Proposed Resolutions.

Holders of record of shares at the close of business in the Cayman Islands on November 7, 2023 are entitled to notice of and to vote at the AGM. Holders of record of shares on the record date are entitled to one vote per share at the AGM on all proposals considered at the meeting. If you own ordinary shares of the Company, you may vote by proxy or in person at the AGM.

The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission (the "SEC"). The Company’s Form 20-F can be accessed on its website at http://ir.chinaliberal.com/, as well as on the SEC’s website.

About China Liberal Education Holdings Limited

China Liberal is an educational services provider headquartered in Beijing, China. Currently, China Liberal operates two colleges: Fuzhou Melbourne Polytechnic and Strait College of Minjiang University. It provides a wide range of services, including overseas study consulting and technological consulting for Chinese universities to improve their campus information and data management systems. These services are designed to enhance the teaching, operating, and management environment of the universities, thus establishing a "smart campus." Additionally, China Liberal offers tailored job readiness training for graduating students. For more information, please visit the Company’s website at http://ir.chinaliberal.com/.

Forward-Looking Statements

This document contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s expectations and projections about future events, which the Company derives from the information currently available to the Company. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those using terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. When evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as required by law. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can provide no assurance that these expectations will prove to be accurate, and it cautions investors that actual results may differ materially from the anticipated results. Investors are encouraged to review the risk factors that may affect future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

Investor Relations Contact

China Liberal Education Holdings Limited
Email: [email protected]

Ascent Investor Relations LLC
Tina Xiao
President
Phone: +1 646-932-7242
Email: [email protected]

Source : China Liberal Education Holdings Limited to Hold 2023 Annual General Meeting on November 30, 2023

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LONG CRENDON, United Kingdom, Nov. 8, 2023 /PRNewswire/ — Avidity Science is proud to announce the launch of the world’s first laboratory ultrapure water system with reusable plastic cartridges, the Avidity Science Solo™ S. Avidity Science showcased the Solo™ S at The Lab Innovations Trade Show in Birmingham, UK, November 1 -2.

Please insert image between first and second paragraph.

The Solo™ S is a benchtop Type 1 water purification system producing Ultrapure water directly from tap water, up to 10 liters per day. Unique to Avidity’s Solo™ S its novel system design enables plastic consumables to be reused, instead of disposed, as part of the AvRecycle™ plan, provides up to 90% reduction in carbon emissions relating to plastic production and eliminates customers’ plastic waste without compromising water quality.

AvRecycle™ provides the opportunity for researchers to return their spent cartridges to Avidity Science who will disassemble, empty and clean them before refilling and creating new cartridges reusing the plastic components and pretreatment media for the same purpose multiple times. 

Designed to meet the current needs of research laboratories, the Solo™ S is compact, simple to operate and maintain with a 5-inch intuitive, icon-based, touch screen and Near Field Communication (NFC) for cartridge identification and traceability. Paperless data logging and acquisition capability which meets regulatory compliance is easily accessible and supports critical research needs.

The Solo™ S platform, utilizing the proven water purification technologies of Reverse Osmosis (RO) and Deionization (DI) with differentiating non-carbon reusable pretreatment and mercury-free LED UV, is specifically designed to deliver ultrapure water with reduced water and energy consumption to minimize environmental footprint for the customer.

"We believe the Solo™ S sets a new standard for laboratory water system sustainability with its unique reusable cartridge design and AvRecycle™" said Tim McDougle, Executive Vice President, Global Life Sciences for Avidity Science. "For decades Avidity has focused on driving innovation to match customer needs and the Solo™ S is an excellent example of how we meet both our customers’ critical water quality and environmental impact needs."

About Avidity Science

Avidity Science is a worldwide leader in water purification and delivery, control and monitoring and service solutions for the life science and biomedical research communities. Since 1969, our mission has been to enable science to improve the quality of life. With operations in the United States, Europe, and Asia, we are a trusted partner to the global research community through differentiated technology and support. For more information about our company, please visit www.AvidityScience.com.

Source : Avidity Science® launches Solo™ S system, setting a new standard for laboratory water purification sustainability

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Digital App Store Cards will be available to purchase online for the first time in Taiwan

TAIPEI, Nov. 8, 2023 /PRNewswire/ — InComm Payments, a global payments technology provider, today announced it is expanding the distribution of App Store Cards to PChome, Taiwan’s premiere e-commerce platform. This expansion marks the first time that App Store Cards will be available to purchase on an e-commerce channel in the Taiwan market.

"This is an exciting opportunity to provide convenient, direct access to App Store Cards," said Michael Georgiadis, Senior Vice President of South Asia at InComm Payments. "Thanks to this new partnership with PChome, we can tap into a robust online platform that connects an extensive customer base with these popular gift card products."

App Store Card are now available for purchase on PChome as digital gift cards in seven denominations, including TW$50, TW$300, TW$500, TW$1000, TW$2000, TW$3000 and TW$6000.

Since entering the Taiwan market in 2013, InComm Payments has established itself as a market leader in prepaid products and point-of-sale activation (POSA) technology in the country. The company has established long-standing partnerships with Taiwan’s leading merchants to deliver valuable commerce experiences to shoppers across the country.

Taiwanese shoppers can purchase App Store Cards online by visiting PChome at https://24h.pchome.com.tw/store/DYCE06.

For more information about InComm Payments, visit www.InCommPayments.com.

About InComm Payments 
InComm Payments is an innovative global payments technology provider. Leveraging dynamic technology and proven expertise, InComm Payments delivers enhanced end-to-end payment platforms and emerging financial technology solutions through a single integration, helping businesses grow across a wide range of industries including retail, healthcare, tolling & transit, incentives, mobile payments, digital currencies and financial services. By enabling omnichannel connections and alternative payment options to an ever-expanding consumer base in an increasingly digital ecosystem, InComm Payments creates seamless and valuable commerce experiences across the globe. With three decades of experience, over 525,000 points of retail and online distribution, 412 global patents and a presence in more than 40 countries, InComm Payments leads the payments industry from its headquarters in Atlanta, Ga. Learn more at www.InCommPayments.com. 

Media Contacts 
Anthony Popiel
Communications Manager
InComm Payments
+1-314-592-3149
[email protected] 

Shelly Mosley  
Dalton Agency (on behalf of InComm Payments) 
+1-931-797-1483 
[email protected] 

Source : InComm Payments Launches App Store Cards on PChome, Taiwan's Premier E-Commerce Platform

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High-quality teaching and workplace preparation top student priorities But quality of online learning ranked lowest for student satisfaction Teachers want more training and time to embed digital teaching tools

LONDON, Nov. 8, 2023 /PRNewswire/ — Universities need an urgent overhaul of their digital education practices and student experience to help their teaching staff better meet student expectations, according to a new EY report. The report took data from more than 3,000 undergraduate and post-graduate students across eleven countries (Australia, Canada, India, Ireland, Japan, New Zealand, Saudi Arabia, Singapore, United Arab Emirates, United Kingdom, and the US) as well as staff focus groups and interviews with university leaders. 

High-quality teaching was ranked as the top priority for students surveyed (83% selected it as a priority) and while the amount of in-person teaching versus online learning rated low on importance, the quality of online learning ranked lowest on student satisfaction.

Students said they’d like to see investment in training teachers to deliver online learning more effectively (45%), developing better online learning materials (41%) and providing students more support with effective digital learning (40%).

Catherine Friday, EY Global Education Leader, says:

"Investment in digital teaching technology has been on the to-do list of university leaders for years and the COVID-19 pandemic accelerated that need dramatically; implementation timelines had to shrink from years to weeks. No one expects us to go back to the way things were before, but our report shows that much more investment and training is needed in order to provide students and teachers with the tools they need to operate effectively in this new world. These systems and practices need to be designed with the people they’ll serve in mind, rather than fitting in around existing structures. It must focus on students first and foremost, but to be successful they also need to work for faculty, researchers, administrative and support staff. In some cases this might be a big change, but with one-third of students saying they feel negative or neutral about their experience of university and quality of teaching being the top student priority, it is clear that this needs prioritizing. As universities around the world are also facing financial challenges, losing students because of something that universities can readily address simply doesn’t make sense."  

New systems can help staff, but training and time required

The report shows that more needs to be done to help teaching staff focus more on their core mission of teaching, supporting students or leading research. Focus group participants want further training in blended (online and in-person) teaching best practices in terms of both developing curricula and content for effective digital or blended learning as well as delivering teaching and learning support.

Teaching faculty and support staff need more time to embed new tools and ways of working, saying that they are spending too much time currently dealing with myriad new systems and tools, which were unintuitive, difficult to use or duplicative.

Friday says: "Technology has the potential to make the jobs of teaching faculty, researchers and administrators much easier. Replacing mass in-person lectures with high-quality self-access learning content can free up faculty to focus more on smaller in-person teaching groups or applying analytics to find and help students that are struggling and design personal intervention plans. Greater automation of routine tasks – such as processing student applications, grading assessments or submitting research grant applications – could also free up time across the whole university workforce. However, it is vital that any new systems are designed with their users in mind and that comprehensive training is provided. Our research showed that some staff feel that poorly implemented digital systems can feel like an addition to workloads, rather than helping staff fulfill their most important goal: delivering for students and society."

The research report can be found here.

About EY

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About EY Government & Infrastructure

Around the world, governments and not-for-profit organizations are continually seeking innovative answers to complex challenges. They are striving to provide better services at lower costs and to create sustainable economic development, a safe environment, more transparency and increased accountability. EY combines private sector leading practices with an understanding of the public sector’s diverse needs, focusing on building organizations’ capabilities to deliver improved public services. Drawing on many years of experience, we can work with you to help strengthen your organization and achieve lasting improvements. Our Global Government & Infrastructure brings together teams of highly skilled professionals from our assurance, consulting, strategy, tax and transaction services. We are inspired by a deep commitment to help you meet your goals and enhance public value, for today and tomorrow.

Source : Universities failing to deliver as 1/3 of students say they feel negative or neutral about their choice of university – EY survey

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André Andonian Joins Flagship to Lead APAC Region

SINGAPORE, Nov. 8, 2023 /PRNewswire/ — Flagship Pioneering, the bioplatform innovation company, today announced its expansion into the Asia-Pacific region, with the opening of a regional hub in Singapore. This follows the company’s expansion into the UK earlier this year. André Andonian has joined Flagship as Chair of Asia Pacific and Senior Advisor to lead Flagship’s presence in the region with a focus on furthering the global reach and impact of Flagship and its companies. He will also serve as an advisor on broader global strategy, regional investor engagement, and institutional development. 

André Andonian

Flagship Pioneering creates and builds platform companies designed to generate multiple products that secure a healthier and more sustainable future. For more than 20 years, Flagship has originated and fostered more than 100 scientific ventures, resulting in more than $90 billion (USD) in aggregate value. The current Flagship ecosystem comprises 43 impactful companies spanning human therapeutics, agriculture, and nutrition. 

The global expansion of Flagship’s presence into the Asia Pacific region follows the opening of the company’s office in London earlier this year. Later this month, Flagship will co-host an event in partnership with the UK Government’s Office for Life Sciences, bringing together top leaders from industry, government, and academia, with a focus on breakthrough innovation.

"For more than two decades Flagship has systematically created breakthrough companies that push scientific boundaries and build enduring value, while ensuring a healthier and more sustainable future," said Noubar Afeyan, Ph.D., Founder and CEO of Flagship Pioneering. "Flagship’s expansion into APAC through our new hub in Singapore, will allow us to accelerate the growth and scaling of our companies and enable us to broaden their impact on human health and the health of our planet through strategic partnerships across industry, academia, and healthcare systems in the region."

"Singapore has a thriving biomedical ecosystem built over more than two decades. Here, global and local life sciences and biotech companies can accelerate game-changing innovation and scale transformative solutions to meet the rising demand for healthcare in Asia. The presence of Flagship Pioneering in Singapore will boost new collaborations in our growing region, driving healthcare and sustainability impact," said Jacqueline Poh, Managing Director, Singapore Economic Development Board (EDB) and Director, EDBI.

Afeyan continued, "I am delighted to welcome André to Flagship. André’s deep and longstanding experience working throughout Asia with companies, investors, governments, and other stakeholders will be instrumental in identifying and building meaningful relationships between this vibrant regional ecosystem, Flagship, and our first-in-category platform companies."

"It is an honor to join Flagship Pioneering and its leadership team to help introduce the company and its unique approach to innovation, impact, and value creation to the APAC region," said André Andonian, Chair of Asia Pacific and Strategic Advisor, Flagship Pioneering. "I look forward to leveraging the many opportunities that exist across Asia to build relationships and partnerships that help Flagship and its bioplatform companies as they grow and scale in pursuit of maximum impact for patients and the planet."

About André Andonian
André Andonian has over three decades of experience advising companies around the globe on a broad range of strategic, operational, and organizational topics, with a longstanding presence in the APAC region.

Andonian is Senior Partner Emeritus at McKinsey & Company, where he worked for 34 years, including as Senior Partner, Chairman of Japan, and Managing Partner of Korea. He also led Client Impact & Experience across Asia and was a member of McKinsey’s leadership teams in Asia, Europe, and the United States, advising clients in the high-tech, industrial, automotive & assembly, aerospace, basic materials, biotech, and private equity sectors. He was a long-term member of the firm’s global board and held extensive additional senior leadership roles in support of growth, people, and overall knowledge development. Prior to joining McKinsey, Andonian worked at Masco Corporation in the US and at IBM in Austria, Spain, and the Middle East.

Andonian also serves as an Independent Director of the Board of ADI, Chair of the Board of Cognaize in the US, and NC Chair of AEM Holdings in Singapore. He is a member of the Advisory Board of the Sports & Health Sciences Department of the Technical University of Munich, chairs the Foundation for Armenian Science and Technology, and is a Governor of the American Chamber of Commerce in Korea.

As a Fulbright Scholar, Andonian received an MBA at the Wharton School of the University of Pennsylvania, an MA and BA in Social & Economic Sciences as well as a BSc in Engineering, all with highest distinction, from institutions in his hometown of Vienna, Austria.

About Flagship Pioneering

Flagship Pioneering is a biotechnology company that invents and builds platform companies, each with the potential for multiple products that transform human health or sustainability. Since its launch in 2000, Flagship has originated and fostered more than 100 scientific ventures, resulting in more than $90 billion in aggregate value. To date, Flagship has deployed over $3.4 billion in capital toward the founding and growth of its pioneering companies alongside more than $26 billion of follow-on investments from other institutions. The current Flagship ecosystem comprises 43 companies, including Denali Therapeutics (NASDAQ: DNLI), Foghorn Therapeutics (NASDAQ: FHTX), Generate:Biomedicines, Inari, Indigo Agriculture, Moderna (NASDAQ: MRNA), Omega Therapeutics (NASDAQ: OMGA), Sana Biotechnology (NASDAQ: SANA), Seres Therapeutics (NASDAQ: MCRB) and Tessera Therapeutics.

Media Inquiries

[email protected]

Source : Flagship Pioneering Expands into Asia-Pacific Region, with Regional Hub in Singapore

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Earnings Call Scheduled for 7:30 a.m. ET on November 20, 2023

BEIJING, Nov. 7, 2023 /PRNewswire/ — Zepp Health Corporation ("Zepp Health" or the "Company") (NYSE: ZEPP), a cloud-based healthcare services provider with world-leading smart wearable technology, today announced that it will report its third quarter 2023 unaudited financial results before the market open on Monday, November 20, 2023.

Management will hold a conference call at 7:30 a.m. Eastern Time on Monday, November 20, 2023 (8:30 p.m. Beijing Time on November 20, 2023). Listeners may access the call by dialing:

US (Toll Free):

+1-888-346-8982

International:

+1-412-902-4272

Mainland China (Toll Free):

400-120-1203

Hong Kong (Toll Free):

800-905-945

Hong Kong:

+852-3018-4992

Participants should dial in at least 10 minutes before the scheduled start time and ask to be connected to the call for "Zepp Health Corporation."

Additionally, a live and archived webcast of the conference call will be available at http://ir.zepp.com.

A telephone replay will be available one hour after the end of the conference until November 27, 2023 by dialing the following telephone numbers:

US (Toll Free):

+1-877-344-7529

International:

+1-412-317-0088

Replay Passcode:

3369346

About Zepp Health Corporation

Zepp Health (NYSE: ZEPP) is a global smart wearable and health technology leader, empowering users to live their healthiest lives by optimizing their health, fitness, and wellness journeys through its leading consumer brands, Amazfit, Zepp Clarity, and Zepp Aura. Powered by its proprietary Zepp Digital Management Platform, which includes the Zepp OS, AI chips, biometric sensors, and data algorithms, Zepp delivers cloud-based 24/7 actionable insights and guidance to help users attain their wellness goals. To date, Zepp has shipped over 200 million units, and its products are available in 90+ countries. Founded in 2013 as Huami Corp., the company became Zepp Health Corporation in February 2021. Zepp has 1,300+ team members and offices across North America, EMEA, and APAC regions.

For investor and media inquiries, please contact: 

Zepp Health Corporation
Grace Zhang
E-mail: [email protected]

Piacente Financial Communications
Tel: +86-10-6508-0677
E-mail: [email protected]

Source : Zepp Health Corporation to Report Third Quarter 2023 Financial Results on November 20, 2023

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LISHUI, China, Nov. 7, 2023 /PRNewswire/ — Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a letter dated November 2, 2023 from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") notifying the Company that since its listed securities did not have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days during the 180 calendar days ended October 30, 2023, the Company has not regained compliance with Nasdaq Listing Rule 5450(a)(1) (the "Rule"), which requires listed securities to maintain a minimum bid price of US$1.00 per share. Previously, Nasdaq granted the Company an extension until October 30, 2023 to regain compliance with the Rule. As described in the letter, the Company’s listed securities are now subject to delisting from The Nasdaq Global Market unless the Company timely submit an application to transfer its securities to The Nasdaq Capital Market, or requests a hearing before a Nasdaq Hearings Panel ("Panel").

The Company intends to timely request a hearing before the Panel to present its plan for regaining compliance with the Rule and request continued listing pending its return to compliance. A hearing request will stay the suspension of the Company’s securities and the filing of the Form 25-NSE pending the Panel’s decision. 

About Lixiang Education Holding Co., Ltd.

Founded in Lishui City, China, Lixiang Education Holding Co., Ltd. is a prestigious private education service provider in Zhejiang Province. The Company’s education philosophy is to guide the healthy development of students and to establish a solid foundation for their lifelong advancement and happiness. For more information, please visit: www.lixiangeh.com.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the Chinese private education market; Chinese governmental policies relating to private educational services and providers of such services; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Source : Lixiang Education Announces Receipt of Nasdaq Staff Determination Letter and Intent to Request Hearing

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