BEIJING, Nov. 29,
2022 /PRNewswire/ -- Tarena International, Inc.
(NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of
IT professional education and IT-focused supplementary STEAM
education services in China, today
announced that Ms. Mingjie Sun has
been appointed as an independent director of the board of directors
of the Company (the "Board") and Dr. Binshen Meng has been
appointed as a director of the Board. Ms. Sun has also been
appointed as the chairman of the compensation committee of the
Board, as well as a member of the audit committee and the
nominating and corporate governance committee of the Board. Mr.
Hon Sang Lee will no longer serve as
a director after the current term expires, which did not result
from any disagreement with the Company. These changes will be
effective on December 1, 2022.
Ms. Sun served as one of the six members in the Executive
Management Team of AsiaInfo Technologies (China) Inc. (01675.HK).
Ms. Sun joined AsiaInfo Technologies (China) Inc. in 1996, and
served as its vice president and senior vice president from
January 2014 to April 2022. With over two decades of operational
and leadership experience in the IT and telecommunication industry,
Ms. Sun was awarded Forbes China
50 Top Women in Tech in 2020. Ms. Sun received her bachelor
degree in automatic control engineering from Harbin Engineering
University and master degree in automatic control engineering from
Harbin Institute of Technology.
Dr. Binshen Meng currently serves as a board director of TCE
(Shenzhen) Technology Limited
("TCE Limited"). Dr. Meng is a seasoned technology entrepreneur
with extensive experience in the TMT industry. Dr. Meng served
senior technology and management roles in multiple world-renowned
technology companies in Silicon Valley, such as HP, Lucent, Altera
and Nvidia. Dr. Meng founded TCE Limited in 2013, in which he has
served as the Chairman of the board, CEO and/or CTO. Dr. Meng has
nearly 30 years of R&D and leadership experience in network and
telecommunications, consumer electronics, artificial intelligence,
big data, Internet of Things and green energy technologies. Dr.
Meng received both a bachelor degree and a master degree in
electronics technology from Peking University and served as a
professor teaching physics in Tsinghua University. Dr. Meng
received his master degree and PhD in computer and electrical
engineering from University of
Wisconsin-Madison.
About Tarena International, Inc.
Tarena is a leading provider of IT professional education and
IT-focused supplementary STEAM education services in China. Through its innovative education
platform combining live distance instruction, classroom-based
tutoring and online learning modules, Tarena offers professional
education courses in IT and non-IT subjects. Its professional
education courses provide students with practical skills to prepare
them for jobs in industries with significant growth potential and
strong hiring demand. Tarena also offers IT-focused supplementary
STEAM education programs, including computer coding and robotics
programming courses, etc., targeting students between three and
eighteen years of age. Aiming to encourage "code to learn," Tarena
embraces the latest trends in STEAM education and technology to
develop children's logical thinking and learning abilities while
allowing them to discover their interests and potential.
Safe Harbor Statement
This press release contains forward-looking statements made
under the "safe harbor" provisions of Section 21E of the Securities
Exchange Act of 1934, as amended, and the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "confident" and similar statements. Tarena may also
make written or oral forward-looking statements in its reports
filed with or furnished to the U.S. Securities and Exchange
Commission, in its annual report to shareholders, in press releases
and other written materials and in oral statements made by its
officers, directors or employees to third parties. Any statements
that are not historical facts, including any business outlook and
statements about Tarena's beliefs and expectations, are
forward-looking statements. Many factors, risks and uncertainties
could cause actual results to differ materially from those in the
forward-looking statements. Such factors and risks include, but not
limited to the following: the impact of the COVID-19 outbreak;
Tarena's goals and strategies; its future business development,
financial condition and results of operations; its ability to
continue to attract students to enroll in its courses; its ability
to continue to recruit, train and retain qualified instructors and
teaching assistants; its ability to continually tailor its
curriculum to market demand and enhance its courses to adequately
and promptly respond to developments in the professional job
market; its ability to maintain or enhance its brand recognition,
its ability to maintain high job placement rate for its students,
and its ability to maintain cooperative relationships with
financing service providers for student loans. Further information
regarding these and other risks, uncertainties or factors is
included in Tarena's filings with the U.S. Securities and Exchange
Commission. All information provided in this press release is
current as of the date of the press release, and Tarena does not
undertake any obligation to update such information, except as
required under applicable law.
For further information, please contact:
Investor Relations Contact:
Tarena International, Inc.
Investor Relations
E-mail: ir@tedu.cn
The Piacente Group, Inc.
In China
Yang Song
Tel: +86-10-6508-0677
E-mail: tedu@tpg-ir.com
In the U.S.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: tedu@tpg-ir.com
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SOURCE Tarena International, Inc.