BEIJING, CHINA – June 9, 2010 – ChinaEdu Corporation (NASDAQ: CEDU) ("ChinaEdu" or "the Company"), a leading educational services provider in China, today announced that it has signed a recruiting and support cooperation agreement with South China University of Technology.
South China University of Technology is one of the 68 universities that are currently licensed to offer online degree education by the Ministry of Education in China. Under the agreement, the Company’s nationwide learning center network will provide recruiting and support services to South China University of Technology’s online college for a period of five years.
ChinaEdu is currently providing recruiting and support services to the online colleges of 18 universities which includes: Nanjing University, Chongqing University, Dongbei University of Finance and Economics, Dongbei Normal University, Jilin University, Fujian Normal University, University of Electronic Science and Technology of China, Southwest Jiaotong University, Beijing Jiaotong University, China Agricultural University, China University of Geoscience (Wuhan), Beijing Foreign Studies University, Jiangnan University, Xiamen University, South China Normal University, Beijing Language and Culture University, Sichuan Agricultural University and South China University of Technology.
About South China University of Technology
South China University of Technology is one of China’s key universities operating under the direct leadership of the State Ministry of Education. The university, which has a total area of 294 hectares, is situated in Guangzhou, China. The university has two campuses which have over 73,000 students from undergraduate to doctoral programs. The university has approximately 5,500 faculty members with over 2,000 teachers.
About ChinaEdu
ChinaEdu Corporation is an educational services provider in China, incorporated as an exempted limited liability company in the Cayman Islands. Established in 1999, the Company’s primary business is to provide comprehensive services to the online degree programs of leading Chinese universities. These services include academic program development, technology services, enrollment marketing, student support services and finance operations. The Company’s other lines of businesses include the operation of private primary and secondary schools, online interactive tutoring services and providing marketing and support for international curriculum programs.
The Company believes it is the largest service provider to online degree programs in China in terms of the number of higher education institutions that are served and the number of student enrollments supported. The Company currently has 16 long-term contracts that generally vary from 10 to 50 years in length. ChinaEdu also performs recruiting services for 18 universities through our nationwide learning center network.
For investor and media inquiries, please contact:
Helen Plummer
Senior Investor Relations Coordinator
ChinaEdu Corporation
Phone: +1 908-442-9395
E-mail: helen@chinaedu.net
Simon Mei
Chief Financial Officer
ChinaEdu Corporation
Phone: +86(10)84187301
E-mail: simon@chinaedu.net