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SHANGHAI, June 18, 2020 /PRNewswire/ — OneSmart International Apprenticeship Group Bound (NYSE: ONE) (“OneSmart” or the “Company”), the arch exceptional K-12 apprenticeship aggregation in China, today appear that it has active a cardinal cooperation acceding with Shanghai Pudong Development Bank (“SPD Bank”) (SSE: 600000).
Under the agreement, in accession to acceptable banking services, OneSmart and SPD Bank will assignment carefully to analyze opportunities such as cross-selling OneSmart’s exceptional educational articles to SPD Bank’s high-net account audience and booty advantage of the astronomic business opportunities that China’s apprenticeship area continues to generate.
Mr. Steve Zhang, Chairman and Chief Executive Officer of OneSmart, commented, “As a arch exceptional and online apprenticeship belvedere in China, we are aflame to accomplice with a nationally accustomed and admired banking academy like SPD Bank. This cardinal cooperation acceding will actualize the foundation for a abiding accord which will booty advantage of our aggressive advantages to drive advance activity forward.”
Founded in 2008 and headquartered in Shanghai, OneSmart International Apprenticeship Group Bound is a arch exceptional K-12 apprenticeship aggregation in China. Our eyes is to be the best trusted and heartful high-tech apprenticeship aggregation and our mission is POWER LEARNING changes the approaching with technology advancement. Our aggregation adeptness is centered on the amount ethics of chump focus, excellence, integrity, and technology and innovation.
The Aggregation has congenital a absolute exceptional K-12 apprenticeship belvedere that encompasses OneSmart VIP business (the arch exceptional K-12 1-on-1 apprenticeship business in China), HappyMath (the arch exceptional adolescent accouchement algebraic apprenticeship business in China), and FasTrack English (the additional better exceptional English apprenticeship business in East China), and OneSmart Online (the arch exceptional online apprenticeship belvedere in China). As of November 30, 2019, OneSmart operates a civic arrangement of 430 acquirements centers beyond 35 cities in China.
For added advice on OneSmart, amuse appointment http://www.onesmart.investorroom.com.
Safe Harbor Statement
This columnist absolution contains advanced statements fabricated beneath the “safe harbor” accoutrement of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These advanced statements can be articular by analogue such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and agnate statements. OneSmart may additionally accomplish accounting or articulate advanced statements in its letters filed with or furnished to the U.S. Securities and Exchange Commission, in its anniversary abode to shareholders, in columnist releases and added accounting abstracts and in articulate statements fabricated by its officers, admiral or advisers to third parties. Any statements that are not absolute facts, including statements about OneSmart’s behavior and expectations, are advanced statements that absorb factors, risks and uncertainties that could account absolute after-effects to alter materially from those in the advanced statements. Such factors and risks include, but not bound to the following: OneSmart’s goals and strategies; its approaching business development, banking action and after-effects of operations; its adeptness to abide to access exceptional K-12 after-school apprenticeship casework market; alter and adorn our apprenticeship offerings; enhance the development and administration of our abecedary aggregation and teaching materials; antagonism in our industry in China; its adeptness to advance and aggrandize online apprenticeship presence; accordant government behavior and regulations apropos to the accumulated structure, business and industry; and its adeptness to assure our students’ advice and abundantly abode aloofness concerns. Further advice apropos these and added risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All advice provided in this columnist absolution is accepted as of the date of the columnist release, and OneSmart does not undertake any obligation to amend such information, except as appropriate beneath applicative law.
For added information, amuse contact:OneSmartMs. Rebecca Shen 86-21-2250-5826E-mail: [email protected]
In ChinaMr. Christian ArnellPhone: 86-10-5900-1548E-mail: [email protected]
In the USMs. Linda BergkampPhone: 1-480-614-3004Email: [email protected]
SOURCE OneSmart International Apprenticeship Group Limited
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