Wah Fu Education Group Ltd. Announces Cooperation with Sichuan University of International Studies … | New

BEIJING, China, July 11. 28, 2022 (GLOBE NEWSWIRE) — Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (NASDAQ: WAFU), a provider of online education and exam preparation services, as well as training and technology solutions for institutions and individuals, today announced that its wholly-owned subsidiary, Beijing Huaxia Dadi Distance Learning Services Co., Ltd., has entered into a cooperation agreement with the University of International Studies of Sichuan (“SISU”) for the development of the Online and Continuing Education College online course platform. In addition, the Company’s majority-owned subsidiary, Huafu Wanrun (Guangzhou) Education Technology Co., Ltd, has also entered into a cooperation agreement with Dotease Information Technology Co., Ltd. (“Dotease Information”) for professional skill level development. Assessment exam training and exam platform. In accordance with the two cooperation agreements, the Company will be responsible for the development of online platforms, the provision of online education information solutions and the support of course resources, platform maintenance, technical consulting and other hardware and software necessary for the operation of the online platforms.

“We are delighted with our cooperation with SISU and Dotease Information for the development of online education platforms. SISU is one of the full-time state-run foreign language universities in China, and Dotease Information is one of the leading providers of IT operation and maintenance services for the education sector,” said commented Mr. Yang Yu, president of Wah Fu. “We believe that with our vast experiences and technology resources in developing online platforms, we could bring better user experience and upgrade for online education while reducing operation cost and by increasing the competitiveness of our partners. We are committed to providing advanced and personalized information solutions to meet the growing demand for online teaching and study for educators and students. In the meantime, we will continue to explore more cooperation opportunities with leading universities and enterprises to enhance our reputation and bring more values ​​to our shareholders.

About Wah Fu Education Group Limited

Based in Beijing, China, Wah Fu Education Group Limited provides online training and exam preparation services, as well as training materials and related technology solutions for both institutions, such as universities and training institutes , and students. For more information about Wah Fu, please visit www.edu-edu.cn.

About Sichuan University of International Studies

Sichuan University of International Studies, founded in 1950 and located in Chongqing, China, is one of the full-time state-run foreign language universities in China. Pursuing the founding spirit of “unity, diligence, rigorous attitude and realistic approach” and adhering to the motto of “global vision, academic excellence”, the university is distinguished by an international outlook, a concentration on the foreign language teaching and a commitment to diversifying disciplines. The university has developed a qualitative development strategy that prioritizes academic excellence and emphasizes international exchanges and the balanced development of all disciplines. For more information, please visit: http://en.sisu.edu.cn/

About Dotease Information Technology Co., Ltd.

Dotease Information Technology Co., Ltd. founded in 2004 and based in Guangzhou China, is a leading provider of IT operation and maintenance services for the education sector. It is mainly engaged in call center services, operation and maintenance of network, data center, information and equipment. For more information, please visit: http://www.dotease.cn/

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding future plans, objectives, goals, strategies, events or performance, as well as underlying assumptions and other statements that are not statements. of historical facts. Where the Company uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate” or similar expressions that do not relate solely to matters, it makes forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company’s expectations described in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the following: the Company’s objectives and strategies; the future business development of the Company; requesting and accepting products and services; changes in technology; economic conditions; the growth of the online education industry in China and other markets that the Company serves or plans to serve; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and other markets that the Company serves or expects to serve and assumptions underlying or relating to any of the aforementioned risks and other risks contained in the reports filed by Company with the Securities and Exchange Commission (the “SEC”). For these and other reasons, investors are cautioned not to place undue reliance on any forward-looking statements contained in this press release. Other factors are discussed in the Company’s filings with the SEC, which may be viewed at www.sec.gov. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances occurring after the date hereof.

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