Noticia

China/ January 23, 2018/Source: http://www.otcmarkets.com

China Education Resources, Inc. («CER») (TSX-V:CHN) (OTC:CHNUF), an ed-tech company with leading technology of 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 with an update on its soccer program.

Further to its press release of December 6, 2017, CER is working on an indoor kids soccer training program. Building upon CER’s existing soccer education products and contents, CER has rented a 2,900 square feet space in a shopping mall to start its indoor kids soccer training program. The program will offer face to face soccer training together with CER’s online soccer training platform with video contents and online/offline interaction among students, coaches and parents.

Shopping malls in big cities of China now house early-stage educational institutes that offer classes covering every conceivable subject, ranging from English language to arts. According to research reports, the early-stage education market is still nascent in China, with 2017 sales revenue expected to top $30 billion USD. «Asian parents spend seven times more money on their kids’ education than American parents do. Connecting users and teachers through the internet is another way to solve the imbalance in the educational resource distribution.” industry observers said.

The Central Government of China is in the process of implementing national soccer plan with the aim of popularizing soccer knowledge and skills, developing soccer interests through organizing soccer activities on campus in various forms, and supporting family -oriented social soccer activities. The Government also encourages in-depth integration of internet technology with soccer education, with a focus on mobile internet, e-commerce, data, new technology and new industry; supporting the development of soccer mobile applications, internet and mobile phone soccer games, soccer theme animation and film and television works.

Without a doubt, there is a huge soccer market in China, and we believe soccer education has a great potential. We are pleased to have made progress on our soccer program and will continue to update shareholders on CER’s future development.

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 kindergartens through twelfth grade teachers registered through its Web portal. For more information, please visit www.chinaeducationresources.com or call (604) 331-2388.

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.
Contact China Education Resources at: (604) 331-2388
Email: admin@chinaeducationresources.com.
Website: http://www.chinaeducationresources.com

Source:

http://www.otcmarkets.com/stock/CHNUF/news?id=181025