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Four Seasons Education Reports Third Quarter Fiscal 2020 Unaudited Financial Results
SHANGHAI, Jan. 16, 2020 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leading Shanghai-based educational company dedicated to providing comprehensive after-school education services with a focus on high-quality math education, today announced its unaudited financial results for the third quarter fiscal year 2020, ended November 30, 2019. Third Quarter Fiscal Year 2020 Financial and Operational Highlights Revenue increased by 13.5% to RMB103.5 million (US$14.7 million) from RMB91.2 million in the same period of last year. Gross profit increased by 10.2% to RMB53.0 million (US$7.5 million) from RMB48.1 million in the same period of last year. Operating income increased by 41.5% to RMB10.9 million (US$1.5 million) from RMB7.7 million in the same period of last year. Adjusted operating income(1) (non-GAAP) increased by 1.5% to RMB17.0 million (US$2.4 million) from RMB16.7 million in the same period of last year. Net income increased by 321.6% to RMB11.3 million (US$1.6 million) from RMB2.7 million in the same period of last year. Adjusted net income(2) (non-GAAP) increased by 6.0% to RMB14.5 million (US$2.1 million) from RMB13.7 million in the same period of last year. Basic and diluted net income per American Depositary Share ("ADS") attributable to ordinary shareholders were RMB0.24 (US$0.03) and RMB0.23 (US$0.03), respectively, compared with RMB0.06 and RMB0.05, respectively, for the same period of last year. Each two ADSs represent one ordinary share. Adjusted basic and diluted net income per ADS attributable to ordinary shareholders(3) (non-GAAP) were RMB0.31 (US$0.04) and RMB0.30 (US$0.04), respectively, compared with RMB0.28 and RMB0.27, respectively, for the same period of last year. Number of learning centers was 55 as of November 30, 2019. Total student enrollment(4) reached 67,714, representing an increase of 47.7% from 45,857 during the same period of last year. (1) Adjusted operating income is defined as operating income excluding share-based compensation expenses. (2) Adjusted net income is defined as net income excluding share-based compensation expenses and fair value change of investments measured at fair value. (3) Adjusted basic/diluted net income per ADS attributable to ordinary shareholders is defined as basic/diluted net income per ADS attributable to ordinary shareholders excluding share-based compensation expenses per ADS attributable to ordinary shareholders and fair value change of investments measured at fair value per ADS attributable to ordinary shareholders. (4) Total student enrollment is defined as the cumulative number of courses enrolled in and paid for by the Company's students during the respective period, including multiple courses enrolled in and paid for by the same student. For more information on these adjusted financial measures, please see the section captioned under "About Non-GAAP Financial Measures" and the tables captioned "Reconciliation of GAAP and non-GAAP Results" set forth at the end of this release. "Our third quarter fiscal 2020 results demonstrate another quarter of solid operation," said Ms. Yi (Joanne) Zuo, Director and Chief Executive Officer of Four Seasons Education. "In this quarter, we continued to carry out our strategy of enriching and diversifying our course offerings to students across broader age groups. We remained diligent in constructing and optimizing our learning center network in addition to constant dedication to curriculum development and cultivating innovative educational products and services. The introduction of our math lab project to regular K-12 schools has also received positive feedback from our school partners. Inspired by the robust growth of our online presence, we are proactively exploring new opportunities in the online education market. We believe all these efforts will keep strengthening our reputation as the go-to brand in the industry for academic improvement and interest development." "We are pleased with our operating and financial performance in the third quarter. We maintained the profitable position and our growth momentum. With respect to our learning center network development, we opened two new learning centers in Jiangsu Province during the quarter. Operationally, we will remain prudent in our learning center network optimization as we explore better locations and more favorable rental terms. "In the third quarter of fiscal 2020, our total revenue increased by 13.5% year over year to RMB103.5 million. This healthy top-line growth was in line with our expectations and reflected the on-track ramp-up of our existing learning centers. Coupled with our cost control and operational optimization, we realized an operating profit growth of 41.5% year over year. Consequently, our bottom-line yielded a growth of 321.6% year over year with a net profit margin of 10.9% in the third quarter. Our stable financial performance boosts our confidence in our development strategy. With our strong educational capability and rich industry experience, we are ready to propel forward our growth trajectory in the K-12 after school education market," Ms. Zuo concluded. Third Quarter Fiscal Year 2020 Financial Results Revenue increased by 13.5% to RMB103.5 million (US$14.7 million) for the third quarter of fiscal year 2020 from RMB91.2 million in the same period of last year, primarily attributable to the healthy ramp-up of new learning centers the Company opened during fiscal year 2019. Cost of revenue increased by 17.2% to RMB50.5 million (US$7.2 million) for the third quarter of fiscal year 2020 from RMB43.1 million in the same period of last year, primarily attributable to the increase in faculty staff cost. Gross profit increased by 10.2% to RMB53.0 million (US$7.5 million) for the third quarter of fiscal year 2020 from RMB48.1 million in the same period of last year. General and administrative expenses increased by 4.1% to RMB33.4 million (US$4.8 million) for the third quarter of fiscal year 2020 from RMB32.1 million in the same period of last year. Sales and marketing expenses increased by 5.0% to RMB8.8 million (US$1.2 million) for the third quarter of fiscal year 2020 from RMB8.3 million in the same period of last year. Operating income increased by 41.5% to RMB10.9 million (US$1.5 million) for the third quarter of fiscal year 2020 from RMB7.7 million in the same period of last year. Adjusted operating income, which excludes share-based compensation expenses, increased by 1.5% to RMB17.0 million (US$2.4 million) for the third quarter of fiscal year 2020 from RMB16.7 million in the same period of last year. Interest income, net was RMB1.5 million (US$0.2 million) for the third quarter of fiscal year 2020, compared with RMB1.2 million in the same period of last year. Other income, net was RMB4.1 million (US$0.6 million) for the third quarter of fiscal year 2020, compared with other expenses of RMB2.6 million in the same period of last year, primarily due to investment fair value change and foreign exchange. Net income increased by 321.6% to RMB11.3 million (US$1.6 million) during the third quarter of fiscal year 2020, compared with RMB2.7 million in the same period of last year. Adjusted net income increased by 6.0% to RMB14.5 million (US$2.1 million), compared with RMB13.7 million in the same period of last year. Basic and diluted net income per ADS attributable to ordinary shareholders for the third quarter of fiscal year 2020 were RMB0.24 (US$0.03) and RMB0.23 (US$0.03), respectively, compared with RMB0.06 and RMB0.05, respectively, for the same period of last year. Non-GAAP basic and diluted net income per ADS attributable to ordinary shareholders for the third quarter of fiscal year 2020 were RMB0.31 (US$0.04) and RMB0.30 (US$0.04), respectively, compared with RMB0.28 and RMB0.27, respectively, for the same period of last year. Cash and cash equivalents. As of November 30, 2019, the Company had cash and cash equivalents of RMB564.6 million (US$80.3 million), an increase of 28.4% compared with RMB439.6 million as of February 28, 2019. First Nine Months Fiscal Year 2020 Financial Results Revenue increased by 17.4% to RMB318.0 million (US$45.2 million) for the first nine months of fiscal year 2020 from RM270.9 million in the same period of last year, primarily attributable to the healthy ramp-up of new learning centers the Company opened during fiscal year 2019, and the increase in student enrollment as a result of the expanded course offerings with higher diversification. Cost of revenue increased by 22.9% to RMB154.7 million (US$22.0 million) for the first nine months of fiscal year 2020 from RMB125.8 million in the same period of last year, primarily attributable to the increase in faculty staff. Gross profit increased by 12.6% to RMB163.3 million (US$23.2 million) for the first nine months of fiscal year 2020 from RMB145.1 million in the same period of last year. General and administrative expenses increased by 11.7% to RMB99.5 million (US$14.2 million) for the first nine months of fiscal year 2020 from RMB89.1 million in the same period of last year, primarily attributable to increased staff cost. Sales and marketing expenses increased by 7.8% to RMB26.7 million (US$3.8 million) for the first nine months of fiscal year 2020 from RMB24.7 million in the same period of last year. Operating income increased by 18.7% to RMB37.1 million (US$5.3 million) for the first nine months of fiscal year 2020 from RMB31.3 million in the same period of last year. Adjusted operating income, which excludes share-based compensation expenses, increased by 11.0% to RMB60.4 million (US$8.6 million) for the first nine months of fiscal year 2020 from RMB54.4 million in the same period of last year. Interest income, net decreased by 29.4% to RMB4.1 million (US$0.6 million) for the first nine months of fiscal year 2020 from RMB5.9 million in the same period of last year. Other income, net reached RMB6.2 million (US$0.9 million) for the first nine months of fiscal year 2020 from other expenses of RMB6.0 million in the same period of last year, primarily due to investment fair value change and foreign exchange. Income tax expenses increased by 9.3% to RMB19.9 million (US$2.8 million) for the first nine months of fiscal year 2020 from RMB18.2 million in the same period of last year. Net income was RMB35.8 million (US$5.1 million) during the first nine months of fiscal year 2020, up 110.1% from RMB17.0 million in the same period of last year. Adjusted net income, which excludes share-based compensation expenses and fair value change of the Company's investments measured at fair value, increased by 10.0% to RMB52.6 million (US$7.5 million) from RMB47.8 million in the same period of last year. Basic and diluted net income per ADS attributable to ordinary shareholders for the first nine months of fiscal year 2020 were RMB0.72 (US$0.10) and RMB0.70 (US$0.10), respectively, compared with RMB0.35 and RMB0.33, respectively, for the same period of last year. Non-GAAP basic and diluted net income per ADS attributable to ordinary shareholders for the first nine months of fiscal year 2020 were RMB1.07 (US$0.15) and RMB1.04 (US$0.15), respectively, compared with RMB0.99 and RMB0.94, respectively, for the same period of last year. Business Outlook For the fourth quarter of fiscal year 2020, the Company expects to generate revenue in the range of RMB80.9 million to RMB84.1 million, representing a year-over-year growth of approximately 25% to 30%. The above guidance reflects the Company's current and preliminary view, which is subject to change. Conference Call The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on January 16, 2020 (9:00 PM Beijing/Hong Kong time on January 16, 2020) Dial-in details for the earnings conference call are as follows: United States (toll free): 1-888-346-8982 International: 1-412-902-4272 Hong Kong, China (toll free): 800-905-945 Hong Kong, China: 852-3018-4992 Mainland China (toll free): 400-120-1203 Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for "Four Seasons Education." Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.sijiedu.com. A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until January 23, 2020, by dialing the following telephone numbers: United States (toll free): 1-877-344-7529 International: 1-412-317-0088 Replay Access Code: 10138241 About Four Seasons Education (Cayman) Inc. Four Seasons Education (Cayman) Inc. is a leading Shanghai-based educational company dedicated to providing comprehensive after-school education services with a focus on high-quality math education. The Company's vision is to unlock students' intellectual potential through high quality and effective education that can profoundly benefit students' academic, career and life prospects. The Company provides educational programs that are primarily focused on elementary-level math and have expanded in recent years to also include other subjects, including physics, chemistry, and languages, and other grade levels, including kindergarten-level and middle school-level programs. The Company's proprietary educational content is designed to cultivate students' interests and enhance their cognitive and logic abilities. The Company develops its educational content through a systematic development process and updates it regularly based on student performance and feedback. Such process allows the Company to effectively drive better learning outcomes and serve students of different ages, aptitude levels and learning objectives. The Company's faculty is led by a group of experienced senior educators, including recognized scholars, award-winning teachers. Over the years, the quality of the Company's education services has been demonstrated by its student outstanding academic performance. About Non-GAAP Financial Measures In evaluating the Company's business, the Company considers and use certain non-GAAP measures, including primarily adjusted operating income, adjusted net income, adjusted net margin and adjusted basic and diluted net income per ADS attributable to ordinary shareholders, as supplemental measures to review and assess the Company's operating performance. Adjusted operating income is defined as operating income excluding share-based compensation expenses. Adjusted net income is defined as net income excluding share-based compensation expenses and fair value change of investments measured at fair value. Adjusted net margin is defined as adjusted net income divided by revenue. Adjusted basic/ diluted net income per ADS attributable to ordinary shareholders is defined as basic/diluted net income per ADS attributable to ordinary shareholders excluding share-based compensation expenses per ADS attributable to ordinary shareholders and fair value change of investments measured at fair value per ADS attributable to ordinary shareholders. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based expenses and fair value change of investments measured at fair value (where applicable) that may not be indicative of the Company's operating performance from a cash perspective. The Company believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to the Company's historical performance and liquidity. The Company also believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in the Company's financial and operational decision making. A limitation of using non-GAAP measures is that these non-GAAP measures exclude share-based compensation charges and fair value change of investments measured at fair value (where applicable) that have been and will continue to be for the foreseeable future a significant recurring expense in the Company's business. The Company compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.0308 to US$1.00, the rate set forth in the H.10 statistical release of the U.S. Federal Reserve Board on November 29, 2019. Safe Harbor Statement This press release contains statements of a forward-looking nature. These statements, including the statements relating to the Company's future financial and operating results, are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as "will," "expects," "believes," "anticipates," "intends," "estimates" and similar statements. Among other things, management's quotations and the Business Outlook section contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Potential risks and uncertainties include, but are not limited to, those relating to its ability to attract new students and retain existing students, its ability to deliver a satisfactory learning experience and improving their academic performance, PRC regulations and policies relating to the education industry in China, general economic conditions in China, and the Company's ability to meet the standards necessary to maintain listing of its ADSs on the NYSE or other stock exchange, including its ability to cure any non-compliance with the NYSE's continued listing criteria. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by the Company is included in the Company's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1 filed in connection with its initial public offering. For investor and media inquiries, please contact: In China:Four Seasons Education (Cayman) Inc.Olivia LiTel: +86 (21) 6317-6678E-mail: IR@fsesa.com The Piacente Group, Inc.Xi ZhangTel: +86 (10) 6508-0677E-mail: fourseasons@tpg-ir.com In the United States:The Piacente Group, Inc. Brandi PiacenteTel: +1-212-481-2050E-mail: fourseasons@tpg-ir.com FOUR SEASONS EDUCATION (CAYMAN) INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except share data and per share data) As of February 28, November 30, November 30, 2019 2019 2019 RMB RMB USD Current assets: Cash and cash equivalents 439,580 564,566 80,299 Accounts receivable and contract assets 811 1,945 277 Amounts due from related parties 119 908 129 Other receivables, deposits and other assets 22,517 24,118 3,430 Short-term investment under fair value 32,715 - - Long-term investment under fair value - current - 177,028 25,179 Total current assets 495,742 768,565 109,314 Restricted cash 31,655 37,680 5,359 Property and equipment, net 27,000 22,493 3,199 Operating lease right-of-use assets - 208,497 29,655 Intangible asset, net 43,897 40,651 5,782 Goodwill 149,775 149,775 21,303 Deferred tax assets 9,536 11,203 1,593 Equity method investments 219 1,317 187 Long-term investment under fair value 162,937 - - Rental deposits—non-current 11,293 12,279 1,746 Total non-current assets 436,312 483,895 68,824 TOTAL ASSETS 932,054 1,252,460 178,138 Current liabilities Amounts due to related parties 10,719 1,790 255 Accrued expenses and other current liabilities 56,566 59,093 8,403 Operating lease liabilities – current - 54,820 7,797 Income tax payable 9,065 21,325 3,033 Deferred revenue 87,870 131,944 18,767 Total current liabilities 164,220 268,972 38,255 FOUR SEASONS EDUCATION (CAYMAN) INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except share data and per share data) As of February 28, November 30, November 30, 2019 2019 2019 RMB RMB USD Non-current liabilities Deferred tax liability 10,903 10,103 1,437 Operating lease liabilities – non-current - 158,389 22,528 Total non-current liabilities 10,903 168,492 23,965 TOTAL LIABILITIES 175,123 437,464 62,220 EQUITY Total equity 756,931 814,996 115,918 TOTAL LIABILITIES AND EQUITY 932,054 1,252,460 178,138 FOUR SEASONS EDUCATION (CAYMAN) INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except share data and per share data) Three Months Ended November 30, Nine Months Ended November 30, 2018 2019 2019 2018 2019 2019 RMB RMB USD RMB RMB USD Revenue 91,167 103,505 14,722 270,942
Hello Kitty Land Tokyo celebrates My Melody's 45th anniversary and kicks off new activities in 2020
My Melody's 45th anniversary fair is only the first of new attractions and activities at Sanrio Puroland in 2020. Visitors to Hello Kitty Land Tokyo can enjoy the gentle and fun features of "My Melody's Pink Therapy" throughout the year.TOKYO, Jan. 16, 2020 /PRNewswire/ -- Hello Kitty Land Tokyo, also known as Sanrio Puroland (https://en.puroland.jp/) celebrates My Melody's 45th anniversary this year. The My Melody's birthday fair will open 17th of January and last until 31st December 2020. The fair's theme, "My Melody Pink Therapy", underlines the Sanrio character's warmth and kindness and conveys its spirit of making people feel happy and positive. My Melody 45th anniversary fair Main Visual The much-loved Sanrio character will be wearing two new original design birthday dresses. At character hug time My Melody will be wearing a pink gown with pearls and lavender coloured ribbons. The second outfit, adorned with bows and laces to resemble a cherry blossom, will be reserved for the special character greeting. In order to mark the birthday the "My Melody shop" reopens for the first time in five years in an entirely pink colour scheme. Visitors will find limited edition 45th anniversary merchandise as well as Sanrio Puroland original goods. At the back of the shop awaits a captivating new photo spot, the "My Melody Garden". Dotted with cherry blossom trees this photogenic place, kept all in pink, offers some quirky photo spots such as a My Melody-shaped giant flower and a romantic antique-style sofa. The popular ride "My Melody and Kuromi's My Meroad Drive" will get a new feel as My Melody's original anniversary scent will be added to the attraction. Visitors can now unwind with the scent of aromatic lavender and cherry blossoms derived from natural oils considered to be relaxing. Following the idea "Pink and Sakura (cherry blossom) with My Melody" the Puroland menu will incorporate My Melody-inspired dishes and drinks. Visitors can opt for example for a special My Melody curry with heart-shaped fried shrimp or a strawberry and almond boba pearl drink, and of course a delicious My Melody anniversary cake. "2020 will be an amazing year for Sanrio Puroland", says Yuya Makizato of Sanrio Entertainment Co. Ltd., the Hello Kitty Land Tokyo operator. "It marks the 45th anniversaries for My Melody and the Little Twin Stars and also the 30th anniversary of Sanrio Puroland itself. We are looking forward with excitement to share with our visitors the many new activities and attractions in the pipe for this year." Link to other images Main Visual (http://bluemoonmarketing.jp/wp/wp-content/uploads/2020/01/MM45-Main-Visual.jpg) Ribbon Dress (http://bluemoonmarketing.jp/wp/wp-content/uploads/2020/01/MM45-Ribbon-dress.jpg) Sakura Dress (http://bluemoonmarketing.jp/wp/wp-content/uploads/2020/01/MM45-Sakura-dress.jpg) My Melody shop (http://bluemoonmarketing.jp/wp/wp-content/uploads/2020/01/My-Melody-shop.jpg) My Melody Garden (http://bluemoonmarketing.jp/wp/wp-content/uploads/2020/01/My-Melody-Garden.jpg) My Meroad Drive (http://bluemoonmarketing.jp/wp/wp-content/uploads/2020/01/My-Meroad-Drive.jpg) Notes to the editors: About Sanrio Entertainment / Sanrio Puroland Sanrio Puroland, operated by Sanrio Entertainment Co. Ltd, is also known as 'Hello Kitty Land', a theme park to meet and experience its much-loved Sanrio characters including Hello Kitty which enjoys worldwide popularity. Considered the "Mecca of Sanrio characters", the park draws great numbers of fans from around the world. Located in the outer districts of Tokyo, Sanrio Puroland is an indoor theme park, visitors can enjoy regardless of the weather. Sanrio Entertainment Co. Ltd also runs an outdoor theme park, Harmonyland, located in Oita Prefecture in Kyushu. More information about Sanrio Puroland is available at http://en.puroland.jp/. News Release: http://bluemoonmarketing.jp/wp/wp-content/uploads/2020/01/20200116_SET_MM45_EN_FNL.pdf Fact Book: http://bluemoonmarketing.jp/wp/wp-content/uploads/2020/01/SET_Factbook_2020.1.pdf Photo - https://photos.prnasia.com/prnh/20200115/2693083-1?lang=0
"Australia Has Come To Britain's Aid in the Past. It is Time For Us To Reciprocate," Says Brighton College Head Master
BRIGHTON, England, Jan. 16, 2020 /PRNewswire/ -- Children at one of England's leading schools, Brighton College, have launched a fundraising campaign in aid of the bushfire emergency in Australia. This includes cycling 1250km in a sponsored ride and weekly school-wide events run by the children themselves. Brighton College are working with a former pupil based in Cobargo, Australia, in a whole-school initiative to offer support for the crisis. After hearing first-hand details about the devastation from their former classmate, pupils approached teachers and the Head Master to suggest a plan of action. Head Master Richard Cairns commented, "When the UK has been in trouble in the past, Australia has come to the rescue, notably in the two world wars. We are reminded of that each day as we sit in our memorial chapel which includes the names of four Australian young men who were educated here at Brighton College and subsequently died fighting alongside British troops on the Western Front. More than 50 of our former pupils fought in the two wars wearing the uniform of Australia. "Now it's our turn to give back."
Win-Win Experiences for Customers and Companies Highlighted by Executives from Microsoft, Johnson & Johnson and Amtrak
16th Annual Customer Contact East: A Frost & Sullivan Executive MindXchange will highlight effortless and efficient customer experiences SANTA CLARA, Calif., Jan. 15, 2020 /PRNewswire/ -- Frost & Sullivan is pleased to announce that leaders from across industries will share the latest customer-focused digital strategies and best practices at the 16th Annual Customer Contact East: A Frost & Sullivan Executive MindXchange, taking place at the Fort Lauderdale Marriott Harbor Beach Resort & Spa on April 26-29, 2020. Customer Support To register for the 16th Annual Customer Contact, East: A Frost & Sullivan Executive MindXchange or to view the event agenda, please visit: https://www.customercontactmindxchange.com/east20/ The event, themed Effortless and Efficient Experiences: A Win-Win for Customers and the Organization, will explore why, to succeed today, the customer must be the true North Star. Experts and thought leaders will explain why organizations that fail to focus on the customer do so at their own peril. The event will also provide solutions and strategies to keep pace in the digital age, including improving data-driven customer support initiatives. Highlights from the extensive agenda include the following sessions and notable headliners: Integrating the Contact Center into the Organization-Wide Digital Experience, led by Gabriele Masili, Global Chief Technology Officer, Customer Service and Support, Microsoft Meeting the Unique Challenges of the Enterprise Contact Center, led by Bassem Hanna, Associate Director, Call Center Technology, Johnson & Johnson Success Story: Nurturing Your Manager's Professional Development, led by Kevin Kvech, Director, Sales and Service, Amtrak This annual event provides solutions to meet the complex communication demands presented by today's multi-channel customer. A highly interactive program offers customer contact industry vice presidents, directors, managers and other senior-level executives the opportunity to benefit from: Current case studies and emerging best practices Dynamic industry collaboration zones Expert panel discussions Peer-to-peer networking opportunities For additional information about the 16th Annual Customer Contact, East: A Frost & Sullivan Executive MindXchange, please email events.us@frost.com About Frost & SullivanFrost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion Contact: Francesca ValenteCorporate Communications P: +1 210 348 1012E: francesca.valente@frost.comhttp://www.frost.com Photo - https://mma.prnewswire.com/media/1076534/Customer_Support.jpghttps://mma.prnewswire.com/media/1076534/Customer_Support.jpg Related Links :http://www.frost.com
HiWorld Won 2019 Influential International Education Brand at 2019 Echo China Tencent News Education Annual Event
BEIJING, Jan. 15, 2020 /PRNewswire/ -- On November 27, the 2019 Echo China Tencent News Education Annual Event was held in Beijing. HiWorld, the international education brand of TAL Education Group, won 2019 Influential International Education Brand. With the theme of "Smart Education, Looking into the Future", the Event attracted nearly 1,000 experts and scholars, industry leaders, professional research institutions, educational media and other relevant practitioners to discuss the future of education. Representative educational institutions and individuals were also honored in the Event. After online selection and comprehensive evaluation by industry experts and scholars, HiWorld brand influence was unanimously recognized as the "2019 Influential International Education Brand". A manager of HiWorld said: "HiWorld is an important strategic deployment of TAL in international education. It is based on 16 years of great efforts on K-12 education and 5 years of exploration in international education of HiWorld, starting from the early stage and focusing on international education for students aged 9-18 years. HiWorld values the early planning and competence cultivation of children. It is committed to cultivating children to be independent thinkers, lifelong learners and participants in world affairs with the education concept of 5CS (Communication, Collaboration, Creativity, Critical Thinking, Cultural Competence and Study Skills). Based on the 21st century skills framework and specific educational practices in the United States, Japan, Singapore and other countries, HiWorld has put forward creatively the concept of the 5CS core competence and skills, to cultivate the students' communication, collaboration, creative, critical thinking skills, cultural understanding and inheritance and learning skills. At present, based on the 5CS concept, HiWorld has established an Ivy League Preparation Program, with cultivation of language proficiency and academic ability as the core, and an American Standardized Testing System, which is aimed at scientific advancement of middle school students, dedicating to cultivate the core competence and skills of Chinese students at different stages. In addition, HiWorld has leveraged its high-quality global resources and set up a world classroom consisting of exploratory overseas camps, Model United Nations and other practical projects to develop the students' awareness, competence and confidence to participate in world topics and integrate into the globalization era. In 2018, HiWorld's students won the Best Diplomacy Award, the highest Award of the WIMUN (World Federation of United Nations Associations International Model United Nations). The 13 years old Wang Zeda was the youngest contestant in the competition and the only winner as a junior high school student in China. In the WIMUN this year, Han Jia, a 13-year-old student, fully demonstrated his excellent learning, creative, critical thinking and other comprehensive skills and academic level, and won the Best Position Paper Award, shining on the world stage once again. The tide of globalization is rolling in, with the guidance of the brand idea of Early Planning of Globalization-driven Learning for International Competitiveness, HiWorld will continue to work with high-quality international resources, explore suitable international growth paths for Chinese students, and help local outstanding students to embrace the world with more insights, strengths and easiness. View original content:http://www.prnewswire.com/news-releases/hiworld-won-2019-influential-international-education-brand-at-2019-echo-china-tencent-news-education-annual-event-300987163.html
Support for Growth, Gift for Children's Day, the Special Program of HiWorld "We are Speakers - I Want to Talk to the World" Goes Live
BEIJING, Jan. 15, 2020 /PRNewswire/ -- To celebrate the upcoming International Children's Day, HiWorld, the international education brand of TAL Education Group and Beijing Time of Beijing Media Network jointly recorded the We are Speakers - I Want to Talk to the World, a special program for Children's Day. The program featured the conversations between 11 eloquent and logical young speakers in English, along with the audience of invited educational, psychological experts as well as nearly 100 parents and their children listening to the inner world of the young speakers, interacting with and experiencing the fruitful moments. Being a K-12 international education brand, HiWorld aims to design the international education path for students aged 5-18 to enable them say hello to the world bravely and let the world hear their voice; and help students expand their international vision, develop international thinking, cultivate and enable them to embrace the world freely through various activities. With this program, HiWorld hopes to encourage students to think freely and speak bravely, combine their learning with their life practice, jump out of the box, develop the capabilities that can benefit them throughout their lifetime and take a solid step towards the world through their speeches. The road to growth and progress of We are Speakers Standing out from the 300 speakers, the 11 young speakers had expanded their visions and improved their capabilities following each step along the way. In the process, the comfort and guidance of HiWorld teachers were evidenced in respond to the stresses, anxieties, mistakes and shortcomings of the children. They meticulously inspired the confidence of the speakers and helped them speak bravely and go global. The performance was rich in content, with three topics of Focusing on Me, Seeing around Corners and Meeting the World. From self-focus to surrounding things then to the world, the speakers, parents and experts were discussing the route for growth and progress and the improvement of competence and skills through practice. In the topic of "Focusing on Me", four young speakers demonstrated their critical thinking skills by discussing hot topics including embracing stress, achieving focus and refusing delay. In the forum of "Focusing on Me", Hao Yuefei, manager of HiWorld, and Wu Yacong, the Youth Psychological Research Specialist, had an interaction with a young speaker and his parents, communicating and discussing the right direction for children's growth. In the topic of "Seeing around Corners", the young speakers chose to start with small changes, encouraging good deeds, advocating changes, exploring self-growth and discovering unknown joys in their speeches. In the session of "Curve Wrecker Dialogue", Qin Jiuge, a graduate of Harvard University, and Wang Xingyu, a graduate of Fudan University and New York University, shared their stories about how the details affected them, inspiring children to cultivate their own characters to lead to their growth. The performance also had a special gift across the ocean. Daniel L. Schwartz, an international consultant and Dean of the Stanford Graduate School of Education, spoke through remote connection with parents and children about how to cultivate creativity, and emphasized the importance of lifelong learning, encouraging children to explore the unknown and make continuous progress. Do children see the world differently than we do? In the topic of "Meeting the World", three young speakers told the new stories about the big world in small things, immigrants changing the world and seeing the world through the media. From Focusing on Me, to Seeing around Corners, and to Meeting the World, the parents and audience followed the speakers on a wonderful heart journey of the heart inside-out. After the speeches, Ms. Hao Yuefei presented the "We are Speakers" award to the 11 young speakers, then revealed the People's Choice award, encouraging them to continue to embrace the world freely. In this special program, the young speakers from HiWorld expressed their opinions bravely, the parents listened carefully with empathy, experts discussed deeply with inspiration and guidance, completing a wonderful intergenerational collision of ideas, and providing a platform for children to discover the world, enlightening their thoughts and breaking through their capabilities. View original content to download multimedia:http://www.prnewswire.com/news-releases/support-for-growth-gift-for-childrens-day-the-special-program-of-hiworld-we-are-speakers---i-want-to-talk-to-the-world-goes-live-300987162.html
Tarena Has Regained Compliance With Nasdaq's Minimum Bid Price Requirement
BEIJING, Jan. 15, 2020 /PRNewswire/ -- Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company") today announced that it recently received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market Inc., notifying the Company that it has regained compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules. About Tarena International, Inc. Tarena is a leading provider of professional 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. Tarena also offers kid education programs. Its professional education courses provide students with practical skills to prepare them for jobs in industries with significant growth potential and strong hiring demand. For further information, please contact: Amanda Wang Investor Relations Contact Tarena International, Inc. Email: ir@tedu.cn View original content:http://www.prnewswire.com/news-releases/tarena-has-regained-compliance-with-nasdaqs-minimum-bid-price-requirement-300987345.html
Led by International Curator Fram Kitagawa, the Upgraded and Newly Launched East Lake Ecological and Life Art Project Introduces New Curatorial Concep
WUHAN, China, Jan. 15, 2020 /PRNewswire/ -- Following the successful holding of the 1st East Lake International Ecological Sculpture Biennale in November, 2017, East Lake Ecological and Life Art Project was launched in Shimenfeng Memorial Park with the aim of commencing a brand new artistic exploration after an intense and rewarding preparation of more than one year. This upgraded new art project, on the basis of its regionality and growth potential, will be implemented in a long-term and step-by-step manner. The project encompasses three sections, namely, "Ecological Installation," "Ecological Architecture," and "Ecological Garden," of which Japanese curator Fram Kitagawa, Director of Echigo-Tsumari Art Triennale and Setouchi Triennale, is the Chief Curator. This project takes the initiative to interpret life aesthetics, to explore and reconstruct the connections and meanings of art and life, and to embark on the way of innovation in life industry. It will lay a new foundation for the upgrade of ecological culture in Shimenfeng Memorial Park and the promotion of the overall development in art and culture in Wuhan. Poster Led by Fram Kitagawa, East Lake Ecological and Life Art Project will invite internationally renowned artists and architects to launch site-specific projects and works on the strength of local resources. By means of frontier practice of contemporary art, the project will delve into the unique cultural value of Shimenfeng and manifest the ecological and life charm in light of art. After its completion, works of the project will become the permanent collection in Shimenfeng Memorial Park and will be open to the public. At the launching ceremony on Dec. 15th, Chief Curator Mr. Fram Kitagawa elaborated in depth on the long-term plan and the primary curatorial scheme of the art project. The official launching of East Lake Ecological and Life Art Project initiated the first contact of Wuhan, a land of rich artistic and cultural origins, with international pioneer curators, and its smooth collaboration with world-class artistic resources. A new chapter of development in public art in Wuhan and central China is thus written. More details will be announced soon. Photo - https://photos.prnasia.com/prnh/20200115/2693095-1?lang=0
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PageUp Launches Recruitment Marketing Software
MELBOURNE, Australia, Jan. 15, 2020 /PRNewswire/ -- PageUp today announced the launch of PageUp Recruitment Marketing, a new software solution designed to support recruiters and hiring managers to automate an exceptional candidate experience and build high-quality talent pipelines. The competition for top talent is increasing, with 67% of large global companies reporting talent shortages in 2018. As a result, recruiters who lack the right tools often end up spending significant time searching and hiring for each vacant role. In addition to declining unemployment rates, how people find new roles is also changing. In the United States, the majority of people who took a new job in 2018 weren't looking for one. This calls for recruiters to strategically adapt and enhance the way they find and attract candidates to their organisation. PageUp Recruitment Marketing reduces the significant time and costs involved in recruitment with sophisticated content management, marketing automation and candidate relationship management tools. The new capability allows hiring teams to automate unique and personalised candidate experiences at-scale, while intuitive candidate pipelining promotes proactive recruitment strategies. Key features include: Content management : to create, update and leverage website content that engages the right candidate at the right time Analytics: to increase careers site conversion and ensure recruiters are capturing the best candidates Marketing automation : to craft exceptional candidate experiences, informed by actionable insights Candidate relationship management : to nurture candidates and build strong talent pipelines PageUp CEO, Mark Rice, said: "Organisations are feeling the impact of the talent shortage, and are investing heavily in technology to understand the most effective recruitment channels. The ways jobseekers look for roles is evolving, and in response businesses must adapt and redefine how they recruit. "PageUp Recruitment Marketing will allow our customers to automate a great candidate experience and build high-quality talent pipelines, all supported by deep analytics." Employer branding expert Brie Mason and PageUp Head of Customer Insights and Market Research Rebecca Skilbeck will discuss recruitment marketing strategies to attract and recruit top talent in an upcoming free webinar on 25 February, 2020. Anyone interested can register here. For more information on PageUp Recruitment Marketing, visit: https://www.pageuppeople.com/products/recruitment-marketing/ About PageUp The powerful PageUp platform optimises each step of the talent management lifecycle - so everyone can reach their full potential. PageUp Talent Management software enhances HR processes with technology that HR professionals, people leaders and employees love to use. From Recruitment Marketing - including sophisticated content management, marketing automation and candidate relationship management tools - through to Recruitment Management, Onboarding, Learning, Performance, and Succession - all underpinned by Analytics. Customers love PageUp for its deep functionality and ability to be configured for a range of workflows and industries, all accompanied by outstanding customer service. Used in over 190 countries, PageUp is a truly global solution. PageUp has offices in Melbourne, Sydney, New York, London, Dublin and Singapore. Related Links :https://www.pageuppeople.com/
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PageUp Launches Recruitment Marketing Software
MELBOURNE, Australia, Jan. 15, 2020 /PRNewswire/ -- PageUp today announced the launch of PageUp Recruitment Marketing, a new software solution designed to support recruiters and hiring managers to automate an exceptional candidate experience and build high-quality talent pipelines. The competition for top talent is increasing, with 67% of large global companies reporting talent shortages in 2018. As a result, recruiters who lack the right tools often end up spending significant time searching and hiring for each vacant role. In addition to declining unemployment rates, how people find new roles is also changing. In the United States, the majority of people who took a new job in 2018 weren't looking for one. This calls for recruiters to strategically adapt and enhance the way they find and attract candidates to their organisation. PageUp Recruitment Marketing reduces the significant time and costs involved in recruitment with sophisticated content management, marketing automation and candidate relationship management tools. The new capability allows hiring teams to automate unique and personalised candidate experiences at-scale, while intuitive candidate pipelining promotes proactive recruitment strategies. Key features include: Content management: to create, update and leverage website content that engages the right candidate at the right time Analytics: to increase careers site conversion and ensure recruiters are capturing the best candidates Marketing automation: to craft exceptional candidate experiences, informed by actionable insights Candidate relationship management: to nurture candidates and build strong talent pipelines PageUp CEO, Mark Rice, said: "Organisations are feeling the impact of the talent shortage, and are investing heavily in technology to understand the most effective recruitment channels. The ways jobseekers look for roles is evolving, and in response businesses must adapt and redefine how they recruit. "PageUp Recruitment Marketing will allow our customers to automate a great candidate experience and build high-quality talent pipelines, all supported by deep analytics." Employer branding expert Brie Mason and PageUp Head of Customer Insights and Market Research Rebecca Skilbeck will discuss recruitment marketing strategies to attract and recruit top talent in an upcoming free webinar on 25 February, 2020. Anyone interested can register here. For more information on PageUp Recruitment Marketing, visit: https://www.pageuppeople.com/products/recruitment-marketing/ About PageUp The powerful PageUp platform optimises each step of the talent management lifecycle - so everyone can reach their full potential. PageUp Talent Management software enhances HR processes with technology that HR professionals, people leaders and employees love to use. From Recruitment Marketing - including sophisticated content management, marketing automation and candidate relationship management tools - through to Recruitment Management, Onboarding, Learning, Performance, and Succession - all underpinned by Analytics. Customers love PageUp for its deep functionality and ability to be configured for a range of workflows and industries, all accompanied by outstanding customer service. Used in over 190 countries, PageUp is a truly global solution. PageUp has offices in Melbourne, Sydney, New York, London, Dublin and Singapore.
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82% of Employees Would Quit Their Jobs Because of No Progression, CareerAddict Study Reveals
A new study conducted by CareerAddict.com, a leading online career resource, revealed that progression is considered more important than pay, with an astonishingly high number of survey participants (82.39%) saying that a lack of progression would influence their decision to leave their jobs. DUBLIN, Jan. 14, 2020 /PRNewswire/ -- Nearly 1,000 career-driven individuals were surveyed at the end of 2019 in order to discover the hidden trends of employee turnover and help companies retain their top talent. Woman leaving her work Survey respondents were asked to rate different reasons that would affect their decision to quit based on a scale of importance. A lack of career advancement opportunities, followed by low pay and the absence of a salary raise, were the three main contributing factors to their decision to leave. Meanwhile, among those who had already quit their jobs, 35% also revealed they would consider returning if they were offered a better salary or a higher position. "We wanted to truly uncover what exactly pushed workers over the edge," said Christopher Thoma, Project Manager of CareerAddict. "Our findings were quite fascinating, showing that the modern workforce is more complex than ever, with job satisfaction and progression proving vitally important." While the majority of participants were Millennial and Gen Z workers, making up nearly 67% of the respondent pool, the survey found that there was a common sentiment across all participating age groups. Indeed, the opportunity for job progression was a priority to the overwhelming majority, regardless of age. The study not only revealed invaluable insights regarding employee turnover, but it also uncovered disconcerting realities that are prevalent in today's workplace: 53% of survey takers said they felt discriminated against by their superior, 61% of which were women. Meanwhile, 1 in 4 people said they felt discriminated against because of their gender, 76% of which were women. With merely 18% of participants saying they regret leaving their previous job, there is much to be said about high employee turnover rates. While most workers are driven by their professional aspirations, their development is not only halted by limited opportunities but also workplace discrimination. For many employers, then, the task of keeping their workforce positively engaged might prove to be a greater challenge. About CareerAddict CareerAddict is one of the world's leading online career resources, offering expert advice and industry knowledge to its ever-growing global audience of career-enthused individuals. Since launching in 2013, CareerAddict is focused on providing job seekers, students, workers and employers all over the world with all the necessary tools, information and resources they need to achieve all their professional aspirations. For any additional information or media inquiries, contact Stavros Triseliotis at outreach@careeraddict.com or on +353 1 539 7977. Related Images why-people-quit-their-jobs.jpg Why People Quit Their Jobs - CareerAddict Study Woman leaving her work Related Links Study - Why People Quit Their Jobs Contact CareerAddict Related Links :https://www.careeraddict.com
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Bill McKibben joins the Keeling Curve Prize organization's board
The Global Warming Mitigation Project runs the annual competition that awards $250,000 to promising global warming solutions Application deadline for this year's competition is February 10 ASPEN, Colorado, Jan. 14, 2020 /PRNewswire/ -- One of the world's most influential environmentalists, Bill McKibben, has joined the board of the Global Warming Mitigation Project, which runs the annual Keeling Curve Prize competition. The prize awards $25,000 apiece to 10 projects around the world with significant potential to reduce greenhouse gas emissions or increase carbon uptake. The application deadline for this year's competition is February 10. The Keeling Curve Prize is named after scientist Charles David Keeling's iconic graph showing an increase in carbon dioxide levels in the Earth's atmosphere since the 1950s. Last year, the graph showed carbon dioxide emissions topping 415 parts per million (ppm) – the highest levels ever recorded. McKibben co-founded the international environmental organization 350.org, which is named after a Keeling Curve measurement of 350 ppm. Scientists consider 350 ppm the recommended upper limit for carbon dioxide in the atmosphere. "I am pleased to join the board of the Global Warming Mitigation Project," McKibben said. "The project's signature initiative, the Keeling Curve Prize, shares the same mission as 350.org, which is to bend the Keeling Curve to safer levels of atmospheric carbon dioxide for humans and current ecosystems to survive." The 2020 Keeling Curve Prize will award $25,000 to each of two projects in the categories of: Capture & Utilization Energy Finance Social & Cultural Pathways Transport & Mobility "Bill McKibben is joining the board as we begin to grow. The foundation of the Keeling Curve Prize has been established, and now is the time to rapidly scale the organization and further boost the winners' profiles. Bill is the perfect person to help us take this important step," said Jacquelyn Francis, director of the Global Warming Mitigation Project and executive director of the Keeling Curve Prize. Keeling Curve Prize applications are screened by analysts, and winners are chosen by a panel of esteemed climate scientists and policy experts, including Achala Abeysinghe, Ph.D., of the International Institute for Environment and Development; Brenda Ekwurzel, Ph.D., of the Union of Concerned Scientists; Lucas Joppa, Ph.D., of Microsoft; George Polk of Tulum Trust; and Jonathan Silver of Tax Equity Advisors, LLC. The straightforward application for the 2020 Keeling Curve Prize can be found here. The deadline is February 10, 2020 or upon the receipt of 300 applications, whichever comes first. Finalists will be named at the Earth Optimism Summit in Washington in April. Winners will be announced at a ceremony this summer. McKibben is the winner of environmental prizes himself, including the Gandhi Prize, the Thomas Merton Prize, and the Right Livelihood Prize, which is sometimes called the "Alternative Nobel." He wrote The End of Nature, which is considered the first book on climate change for a general audience and has appeared in 24 languages. McKibben is the Schumann Distinguished Scholar in Environmental Studies at Middlebury College and a fellow of the American Academy of Arts and Sciences, and holds honorary degrees from 18 colleges and universities. Media Contact: Carina Danielscarina@storyandreach.com510-847-1617Related Links :https://www.kcurveprize.org
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Sungrow Bolsters Position in the MENA Market with 200MW of Distribution Agreements
ABU AHABI, United Arab Emirates, Jan. 14, 2020 /PRNewswire/ -- Sungrow, the global leading inverter solution supplier for renewables, presented standout PV and energy storage portfolios at the Tenth World Future Energy Summit (WFES) in Abu Dhabi, United Arab Emirates. The Company signed two distribution agreements totalling 200 MW to supply C&I and residential inverter solutions to the Middle East and North Africa (MENA) in 2020, cementing its position in this rapidly burgeoning solar hub. Agreement Signing The first phase of the agreement of 100MW was signed with a Dubai based firm Power n Sun, and the other 100MW distribution partnership is with a renowned Egyptian group ACO. "This agreement marks a milestone for our fruitful cooperation in the MENA region. We are satisfied with the solid performance and comprehensive offerings from Sungrow and look forward to our continued cooperation to build a more sustainable UAE," said Mr. L. K. Verma, Managing Director of Power n Sun. Solar power is poised for future growth in the MENA region, driven by booming economies and population. According to the International Energy Agency, by 2021 renewable capacity in the MENA region will grow by 78%. Sungrow keeps pioneering cutting-edge innovations tailored to this region. At WFES, the Company garnered wide attention given the innovations. Optimized for the large utility-scale segment, Sungrow unveiled the 1500V turnkey station SG6250HV-MV, which integrates central inverters, MV transformer and more in a 40-ft container, significantly minimizing the initial investment for its clients. With an optimal protection level, the solution is the ideal match given the high temperature and severe sandstorm in the region. Another flagship product - SG250HX, the world's most powerful 1500 Vdc string inverter, was also introduced, which enables designs with 6.75MW blocks, celebrated for its ability to minimize the LCOE of utility-scale plants. A wide range of C&I and residential product lineups were on display as well, including SG5K-D, featuring the compact design and innovative friendly end-user interface; multi-MPPT commercial inverter SG110CX, embedded with IP66 and C5 protection capability. The energy storage demand in the MENA region is on an upward trajectory. Sungrow fully integrated turnkey energy storage system (ESS) solution comprising storage inverters, batteries and an energy management system, is another attraction at the show with the presence of 1 Hour, 2 Hours and 4 Hours systems. Given the cutting-edge technology, the Company remarked it can supply both NCM lithium battery and LFP lithium battery solutions as per varied demands. With its regional hub located in Dubai, Sungrow is poised to supply more future-proofed product portfolios together with a comprehensive local team covering sales, technical support, after-sales service in the Middle East. "We are continuing to expand the commitment to this dynamic market. What helps as well is the alliance with more distributors to extend opportunities to power more communities," said Alvin Shi, Regional Director of Sungrow Middle East. Shi highlighted Sungrow's success in supplying an 18MW commercial rooftop plant in the UAE and a 106MW solar plant in Oman which is about to be online in the near future. About Sungrow Sungrow Power Supply Co., Ltd ("Sungrow") is the world's most bankable inverter brand with over 100 GW installed worldwide as of December 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com. Photo - https://photos.prnasia.com/prnh/20200114/2691846-1?lang=0 Related Links :www.sungrowpower.com
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HiWorld's Young Reporter Team Interviewed Leading International Figures at GES 2019
BEIJING, Jan. 14, 2020 /PRNewswire/ -- The Global Education Summit 2019 was successfully concluded in Beijing on November 26. In this annual gathering of well-known education leaders at home and abroad, the excellent performance of HiWorld's young reporter team impressed the guests a lot. HiWorld, the international education brand of TAL Education Group. During the two-day Summit, the young reporters had wonderful conversations with the Dean of the Stanford Graduate School of Education, the Nobel laureate in physics, the former President of the Hebrew University of Jerusalem and other international figures. The young reporters were praised for their excellent English skills and broad international vision. The young reporter team interviewed with international figures on global hot issues "Amazing!" Dzingai Mutumbuka, the first Minister of Education and Culture of Zimbabwe was surprised when he learned that the young reporters as young as 10 would interview with him in English. The young reporter team asked Dzingai Mutumbuka a sharp question, "How can education be guaranteed in war-torn areas?" Dzingai Mutumbuka answered: "Education can create social cohesion by teaching people how to get along with people from other cultures and countries. Education should help people understand that diversity is a strength, not a weakness." The young reporter team spoke to Dzingai Mutumbuka, the first Minister of Education and Culture of Zimbabwe The arrival of Carl Wieman, a Nobel laureate in physics, excited the young reporters, who were curious about "how to be a good scientist". "In fact, it is not difficult at all to win a Nobel Prize," smiled Carl Wieman, "But winning a prize is like the cream on the cake, while the cake itself means your persistence and efforts." On the topic of "Similarities and Differences in Education between Israel and China", young reporters had a heated discussion with Hanoch Gutfreund, former President of the Hebrew University of Jerusalem. Hanoch Gutfreund believes that the education systems of most countries, including China and Israel, need to encourage young students more to speak bravely, without being afraid of making mistakes. In addition, the young reporters talked with Bob Block, Vice President of Corporate Development of ACT, and Esther Wojcicki, author of How to Raise Successful People, about the topics including "Pros and cons of AI in education", "The importance of teamwork", and "How to overcome the fear of failure". Daniel Schwartz, Dean of Stanford Graduate School of Education, said he was quite happy to see that Chinese students have unique thinking about global issues and can express themselves so confidently. Bill, the young reporter said after speaking to the big figures: "I was very nervous before the interview, but I was so excited during the exchange that I completely forgot about the tension." Behind the praise the concept of 5CS that created the international talent This is the second time for HiWorld's young reporter team to attend the GES. At GES 2018 last year, the young reporters surprised leading figures including Steve Wozniak, the co-founder of Apple Inc., and Arne Duncan, former U.S. Secretary of Education, with their insights into international affairs. Behind this is the valuing of HiWorld on cultivating the international competence and skills of the students. Based on the 21st century skills framework and specific educational practices in the United States, Japan, Singapore and other countries. HiWorld has put forward creatively the concept of the cultivation of the students' core competence and skills, namely 5CS (Communication, Collaboration, Creativity, Critical Thinking, Cultural Competence and Study Skills), and further established an Ivy League Preparation Program and an American Standardized Testing System, which, while improving the children's language skills, have effectively cultivated their communication, collaboration, creative, critical thinking skills, cultural understanding and inheritance and learning skills, and helped them grow into international talents. Moreover, HiWorld is dedicated to provide students with a platform of and opportunities for a diversified conversation world. In the past year, HiWorld had organized students to participate in the International Model United Nations General Assembly, MIT Programming Study Camp, Stanford University Summer Program and other practical activities to improve students' comprehensive capabilities and expand their international vision. As an international education brand, HiWorld is committed to building a high-quality international education resource ecology, providing students with a broader international stage, and giving them the ability to embrace the world freely. In the future, HiWorld will continue to help more excellent Chinese children to go global through various teaching practices, and cultivate them to be independent thinkers, lifelong learners and participants in world affairs. View original content to download multimedia:http://www.prnewswire.com/news-releases/hiworlds-young-reporter-team-interviewed-leading-international-figures-at-ges-2019-300986411.htmlRelated Links :www.100tal.com
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New Upgrade for HiWorld, an International Education Brand of TAL
BEIJING, Jan. 14, 2020 /PRNewswire/ -- At the Global Education Summit 2019 (GES 2019) on November 26, HiWorld, the international education brand of TAL Education Group, announced its new upgrade along with a new brand idea - Early Planning of Globalization-driven Learning for International Competitiveness. At the Summit, HiWorld announced a strategic cooperation with ACT (American College Testing), and awarded a Letter of Appointment of HiWorld International Academic Advisor to Daniel Schwartz, Dean of Stanford Graduate School of Education. New Upgrade of HiWorld, the International Education Brand of TAL According to Sun Chenhao, manager of HiWorld, the brand idea "Early Planning of Globalization-driven Learning for International Competitiveness" was put forward based on the profound understanding of K-12 education reached via years of great efforts. With the five core driving forces of "attaching importance to ideas, teaching and research, planning, abilities, and output", HiWorld has established an Ivy League Preparation Program, with cultivation of language proficiency and academic ability as the core, and an American Standardized Testing System, which is aimed at scientific advancement of middle school students. This is exactly how HiWorld comprehensively motivates globalization-oriented growth of Chinese students. HiWorld's Ivy League Preparation Program is tailored for students of Grade 3-6. This program features teaching around children's core competence and skills, namely 5CS (short for Communication, Collaboration, Creativity, Critical Thinking, Cultural Competence and Study Skills) for the purpose that children really can acquire knowledge, analyze problems, and express opinions in English. HiWorld's American Standardized Testing System is oriented to students of grades 7-12, which is equivalent to TOEFL, SAT, ACT. Under this system, HiWorld provides long-term progressive tutorship concerning specific courses and public international classes. When it comes to cultivation of international talents expected by the world in the future, Sun Chenhao believes that competence calls for a long-term endeavor, and early planning is crucial for the future growth of children. "In the long-term cultivation, HiWorld not only helps children master a foreign language, but also encourages them to be independent thinkers, lifelong learners, and active participants in world affairs to embrace the world freely." The successful cooperation between the two major international education institutions boosts the integration of global competences On the same day, HiWorld announced the formal strategic cooperation with ACT (American College Testing), and the two sides will help Chinese children build globalization-oriented academic competitiveness, independent thinking and judgment abilities. The cooperation with ACT is another cooperation on global scholastic assessment system of HiWorld after its cooperation with the full line products of ETS TOEFL family, marking a more comprehensive series of assessment system of HiWorld corresponding to the Scholastic Assessment Test (SAT) in the U.S. The ACT, also known as the National College Entrance Examination of the U.S., is one of the main criteria for admission to American universities and the distribution of scholarships, as well as the main measure of the comprehensive capacities of the students in the U.S. Bob Block, Vice President of Corporate Development of ACT, said that ACT has maintained a strong relationship with HiWorld. In addition to the traditional assessment of subject scores, ACT is also exploring the assessment indicators and methods for non-academic skills, including leadership, curiosity and teamwork. ACT hopes to work with HiWorld to explore global competency standards and help more students go global. At the Summit, HiWorld also awarded a Letter of Appointment of HiWorld International Academic Advisor to Daniel Schwartz, Dean of Stanford Graduate School of Education. Being an expert in the science of human learning, Daniel Schwartz has long focused on the research of learning style innovation and teaching assessment. In the future, he will work with the elite experts of HiWorld Academic Advisory Committee to explore the international education path suitable for China. In an age calling for globalization talents, HiWorld, after its brand upgrade, will continue to focus on the core competence and skills of 5CS, rely on high-quality international education resources, cultivate the core competence and skills of the children at each stage, help them expand their international vision, develop their comprehensive capabilities and support their future globalization-oriented growth. View original content to download multimedia:http://www.prnewswire.com/news-releases/new-upgrade-for-hiworld-an-international-education-brand-of-tal-300986415.htmlRelated Links :www.100tal.com
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Building World-Class Travel Destinations, Jababeka Morotai of PT Jababeka Tbk. Invites Foreign Investors
JAKARTA, Indonesia, Jan. 14, 2020 /PRNewswire/ -- Special Economic Zone (SEZ) Morotai is in North Maluku-Indonesia, described in one word as paradise. From its beautiful white sandy beach to its clear blue waters, an array of color and underwater life, plus 28 diving spots around the island. It's no wonder SEZ Morotai brings so many local and international tourists to its shores. Dodola Island located in the District of Morotai Island, North Maluku. Morotai SEZ has grown from the initial development in 2014. The initial stage of the area which has 1,101.76 hectares is to build 300 hectares in which 100 factories will be inhabited, 1000 units of landed residential, 200 units of houses or home stays, commercial areas, street mall, business center, sports stadium that will be developed by Morotai Regional Government, 10 Tower Loft Studio with integrated entertainment, education and health facilities to become an independent city that encourages Morotai's economic growth. "Now 41 home stays have been established, 6 units of shop houses, the SEZ Morotai administrator building and the main gate with 14 pillars and regional infrastructure, and 1 tower Loft studio totaling 81 units from the 10 Tower plan," said Basuri Tjahaja Purnama, President Director of PT Jababeka Morotai as manager and developer of the SEZ Morotai, in Menara Batavia, 25th floor, Jakarta Pusat-Indonesia, . From these facilities and infrastructure, this has made many foreign investors invest their business in the SEZ Morotai. Some time ago there were investors for fish processing plants, then green energy such as solar cells, electric cars and water treatment. Jababeka Morotai, a member of PT Jababeka Tbk. as city developer, is still open if there are foreign investors who want joint venture world-class tourist destinations. Because the natural beauty offered is of international standard and can be compared with other countries' marine tourism, such as Maldives-Maldives, Puerto Galera-Philippines or Great Barrier Reef-Australia. "We have a master plan on the prospects of land that can be built, whether business, residential, and commercial," explained Basuri. In addition, there are many benefits foreign investors can obtain that when investing in the Morotai SEZ. Starting from getting a Permanent Stay Permit, land on its behalf, various incentives ranging from tax, fiscal and customs, and assisted with business and company licensing in one stop service. For tax incentives, foreign investors will get a tax holiday of up to 100 percent. The time for granting a tax holiday depends on the value of the investment invested in the Morotai SEZ. For more details, please visit https://www.jababekamorotai.com/invest/ Media Contact: Susan WijayaManager MarketingPT. Jababeka MorotaiSusan@jababeka.com / +62-818-739-412 Photo - https://photos.prnasia.com/prnh/20200114/2691727-1?lang=0
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New YPO Global Pulse Survey on Trust Finds Young Business Leaders View Trust as Critical But Lack Plans on How to Build it With Employees
Close to 3,000 Chief Executives from 115 countries weighed in on this essential to business topic NEW YORK, Jan. 14, 2020 /PRNewswire/ -- YPO, the global leadership community of more than 28,000 chief executives in 135 countries, conducted a member survey designed to provide the chief executive perspective on the importance of stakeholder trust, the extent to which they are taking action and succeeding at building cultures of trust within their organizations, and their views on the role of societal impact in building trust with stakeholders. YPO's 2020 Global Pulse Survey on Trust, conducted 1-18 November 2019 with 2,960 respondents, found it is a key matter for business leaders around the world, but there are significant gaps between business leaders' thoughts and actions. Key findings include: 96 percent of chief executives rate building and maintaining trust with stakeholders as a high priority, with close to half (42 percent) saying that the importance of building trust with stakeholders has increased in the past five years. Only 40 percent of chief executives find it easy to build trust with employees, and they find it even more challenging to do so with their customers (36 percent). Even though most global business leaders agree this is high priority issue in which they feel increasing urgency around, over 60 percent have yet to measure employee trust within their business and only a third (34 percent) have defined specific plans within their business for building/maintaining employee trust. Most chief executives understand the weight of their role, with 89 percent agreeing that they as business leaders are under pressure to embody their organizations' values through their actions. 77 percent of business leaders agree that they are under pressure to take the lead on change, rather than waiting on government to impose it. Most business leaders (71 percent) agree that their business can have a positive societal impact; fewer business leaders agree that taking action on societal issues improves employee (56 percent) or public trust (57 percent). YPO's 2020 Global Pulse Survey on Trust Methodology: The 2020 Global Pulse Survey on Trust was conducted by YPO from 1-18 November 2019 via an online questionnaire. A total of 2,960 YPO members responded to the survey. The sample included members in 115 countries. The margin of sampling error is plus or minus 1.84 percentage points at the 95 percent confidence level. About YPO: YPO is the global leadership community of more than 28,000 chief executives in 135 countries who are driven by the belief that the world needs better leaders. Each of our members have achieved significant leadership success at a young age. Combined, they lead businesses and organizations contributing USD 9 trillion in annual revenue. YPO members inspire and support each other through peer learning and exceptional experiences in an inclusive community of open sharing and trust. For more information, visit ypo.org. Logo - https://mma.prnewswire.com/media/1065220/YPO_Logo.jpg
