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Stock impact report

Ambow Education Enters into Strategic Collaboration with Beijing Qiyu Technology to Establish World-Class AI and Humanoid Robotics Teaching Platform

Ambow Education Holding Ltd. American Depository Shares (each representing twenty (20) Class A Ordinary Shares) (AMBO) 
US:NYSE Investor Relations: mzcan.com/us/ambo/irwebsite
Company Research Source: PR Newswire
BEIING, April 30, 2019 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading national provider of educational and career enhancement services in China, has entered into a strategic agreement with Beijing Qiyu Technology Company Limited ("Qiyu"). The collaboration with Qiyu, a technology-driven company, will focus on research and development, manufacturing and education in the field of AI and humanoid robotics.Under the agreement, the parties intend to develop a practical training platform to teach AI and humanoid robotics principles. This platform will include an application-oriented AI teaching system, a cloud-based learning management system, and comprehensive set of humanoid robotics source code. All related teaching systems, curriculum, courses, textbooks and a case library will be developed jointly by both parties. When completed, the platform will give students a hands-on opportunity to learn AI and humanoid robotics technical s Show less Read more
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