VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 24, 2017) – China Education Resources Inc. (“CER”) (TSX VENTURE:CHN)(OTCQX:CHNUF), an ed-tech company with leading technology in intelligent system and contents to provide online/offline learning, training courses and social media for teachers, students and education professionals, today provides shareholders and investors an update on its business performance.
China Education Resources Inc. has recently been selected by OTC Markets and added to the OTCQX Composite Index; OTCQX International Index and OTCQX Canada Index. The OTCQX Composite Index is designed as a benchmark for tracking the overall performance of the OTCQX marketplace and serves primarily as a performance benchmark for investors on OTCQX securities. The index highlights the most transparent, investor focused companies trading on the OTC marketplaces.
In the StockReport+ of Thomson Reuters dated July 14, 2017, Thomson Reuters rated CER with a score of 9 and placed CER within the top 15% of stocks scored.
“We are very pleased that “CHNUF” has been added to form part of the OTCQX Composite Index.” said Chengfeng Zhou, CEO, China Education Resources. “The great rating of CER by Thomson Reuters is a positive confirmation to the progress made by CER and its business plans together with the understanding that the share price of CER is still well below that calculated with common valuation methods used by the market.”
The business of the Company has been doing well and is continually growing. Our new products, such as soccer education program, are making progress. The Company will update the shareholders and the market in more details on our soccer education program.
For more information, please visit our website www.chinaeducationresources.com or send e-mail to [email protected].
In collaboration with China’s education administrators and experts, China Education Resources has been helping to transform the curriculum of the world’s largest educational system. Recognizing the need to address education reform changes, China Education Resources has created educational tools and curriculum for China’s entire kindergarten through twelfth grade system. The Company is playing an integral part in transforming China’s educational system through helping to convert the existing educational system from a memory-based learning system to a creative thinking and interactive approach. Presently, China Education Resources has over 1 million kindergarten through twelfth grade teachers registered through its Web portal.
Safe Harbor Statement
Certain statements made herein, and other statements relating to matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-looking information and statements are typically identified by words such as “anticipate”, “could”, “should”, “expect”, “seek”, “may”, “intend”, “likely”, “plan”, “estimate”, “will”, “believe” and similar expressions suggesting future outcomes or statements regarding an outlook. All such forward-looking information and statements are based on certain assumptions and analysis made by China Education Resources, Inc.’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading “Risks and Uncertainties” elsewhere in the Company’s MD&A filed at www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Company does not assume the obligation to revise or update these forward looking statements after the date of this document or to revise them to reflect the occurrence of future, unanticipated events.
The TSX Venture Exchange has not reviewed, and does not accept, responsibility for the adequacy or accuracy of the contents of this press release.
