BEIJING, Jan. 14, 2011 /PRNewswire-Asia/ -- ChinaEdu Corporation (Nasdaq: CEDU) ("ChinaEdu" or "the Company"), a leading educational services provider in China, today announced that the Company received the 2010 Leading Chinese Education Institution award at the 2010 Sina China Education Ceremony, held on January 12th in Beijing. At the same event, ChinaEdu's chairman and chief executive officer, Julia Huang, was named Chinese Education Industry Leader of 2010 and ChinaEdu's 101 Online School was named as a Top Ten Online Education Institution.
The Sina China Education Ceremony is one of the most prestigious annual events in China's education industry. As a leading web portal in China, Sina hosted the event in cooperation with over 40 mainstream media outlets across 30 provinces. Well respected education professionals, hundreds of Chinese education institutions, government officials and millions of internet users participated in the event. The award winners were selected by internet users, industry experts and the media.
Julia Huang, chairman and chief executive officer of ChinaEdu commented, "As always, we were pleased to attend the Sina Education Ceremony in Beijing. In addition to the Company winning the Leading Chinese Education Institution Award for 2010, having our 101 Online School named as a top ten education institution in China is evidence of our success in expanding our business beyond our core online degree services to other segments of the education industry. The annual Sina event not only gives us the opportunity to be judged by industry experts and media, but more importantly the opportunity to be judged by internet users. Their approval and endorsement was a highlight of the event."
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, support for international curriculum programs and online learning community for adult students.
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 17 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.
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