China Education Alliance To Open Six New Tutoring Centers in Beijing, China

2010-09-22 15:03 978

 HARBIN, China, Sept. 22 /PRNewswire-FirstCall/ -- China Education Alliance, Inc. (NYSE: CEU), a China-based education resource and services company, announced today that based on the success of its first tutoring service center in Beijing, the Company will open six new education centers in this area in the next six months.

Each of the six education centers will be able to provide tutoring services to about 300 students aged 6 to 18 simultaneously. Currently, Beijing is the largest after-school tutoring service market in mainland China, with approximately 1.8 million students between the ages of 6 and 18. The Company's pilot tutoring center which recently opened in Beijing has validated the robust demand for tutoring services. Entry into this large and growing market is a key component of the Company's strategy to build approximately twenty new tutoring centers in new markets by the end of 2011.

"Beijing is an attractive new market opportunity for China Education Alliance for several reasons. Our entry will not only help enhance the Company's brand, but it will also provide a solid foundation for the Company to build a nationwide tutoring service network over the next couple of years," said Mr. Xiqun Yu, Chairman and Chief Executive Officer of China Education Alliance, Inc.

Management expects to spend approximately $3 million over the next six months on facilities, instructors, advertising and administrative expenses to open these six new centers, and expects on average to break even during the first twelve months before turning profitable thereafter.

About China Education Alliance, Inc.

China Education Alliance, Inc. ( ) is a fast-growing, leading, China-based company offering high-quality education resources and services to students ages 6 to 18 and adults (university students and professionals) ages 18 and over. For students ages 6 to 18, China Education Alliance offers supplemental, online exam-oriented training materials and onsite, exam-oriented training and tutoring services. The company provides online, downloadable famous-teacher resources and onsite, personalized instruction. All resources and tutoring services are provided by famous teachers within mainland China. The purpose of online exam-orientated resources and onsite tutoring is to help Chinese students (ages 6 to 18) pass the two most important and highly competitive exams in their educational career: the senior high school entrance and college entrance exams. For graduates and professionals age 18 and over, China Education Alliance provides vocational training including IT and several professional training programs.


At the Company:

Zack Pan, CFO

China Education Alliance, Inc.

Tel:  1-405-315-9987




HC International, Inc.

Ted Haberfield, Executive VP

Tel:  1-760-755-2716


Source: China Education Alliance, Inc.
Related Stocks:
Keywords: Education