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Meten EdtechX to Report Second Quarter of Fiscal Year 2021 Financial Results on Wednesday, August 18, 2021

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Meten EdtechX Education Group Ltd. (Nasdaq: METX) will announce its second quarter fiscal year 2021 financial results on August 18, 2021, before U.S. markets open. A conference call will follow at 8:00 am U.S. Eastern Time to discuss the results. Meten EdtechX is recognized as a leading omnichannel English language training service provider in China, offering services through multiple platforms. The company is committed to enhancing English language competence in China with advanced technology and an extensive learning network.

Positive
  • Positioned as a leading ELT service provider in China.
  • Utilizes advanced AI-driven technology for teaching and management.
  • Plans to expand its digital platform and learning centers.
Negative
  • None.

SHENZHEN, China, Aug. 11, 2021 /PRNewswire/ -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) ("Meten EdtechX" or the "Company"), one of the leading omnichannel English language training ("ELT") service providers in China, today announced that it will report its second quarter of fiscal year 2021 financial results on Wednesday, August 18, 2021, before the U.S. markets open. The Company's management will host an earnings conference call at 8:00 am U.S. Eastern Time on August 18, 2021 (5:00 am Pacific Time/8:00 pm Beijing Time) to discuss the financial results. To attend this earnings conference call, please use the information below for dial-in access.

Dial-in details for the conference call are as follows:

Mainland China:

400 810 8228

Hong Kong:

+852 3005 1355

USA:

+1 646 254 3594

UK:

+44 20 7660 0166

Other countries:

+86 10 5808 4166

Participant PIN:

458676

Please dial in at least 15 minutes before the commencement of the call to ensure timely participation.

About Meten EdtechX

Meten EdtechX is one of the leading ELT service providers in China, delivering English language and skills training for Chinese students and professionals. Through a sophisticated digital platform and a nationwide network of learning centers, the Company provides its services under three industry-leading brands: Meten (adult and junior ELT services), ABC (primarily junior ELT services) and Likeshuo (online ELT). The Company offers superior teaching quality and student satisfaction, served by cutting edge technology deployed across its business, including AI-driven centralized teaching and management systems that record and analyze learning processes in real time.

The Company is committed to improving the overall English language competence of the Chinese population to keep abreast of the rapid development of globalization. Its experienced management is focused on further developing its digital platform and expanding its network of learning centers to deliver a continually evolving service offerings to a growing number of students across China.

For more information, please visit: https://investor.metenedu-edtechx.com.

Safe Harbor Statement

This announcement contains forward-looking statements that involve risks and uncertainties. These statements are made under the "safe harbor" provisions of 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" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the timely launch of our online adult overseas higher education services, the effects of the COVID-19 pandemic and the impact of any new variant, our ability to attract students without a significant decrease in course fees; our ability to continue to hire, train and retain qualified teachers; our ability to maintain and enhance our brands; our ability to effectively and efficiently manage the expansion of our school network and successfully execute our growth strategy; the outcome of ongoing, or any future, litigation or arbitration, including those relating to copyright and other intellectual property rights; competition in the English language training sector in China; changes in our revenues and certain cost or expense items as a percentage of our revenues; the expected growth of the Chinese English language training and private education market; Chinese governmental policies relating to private educational services and providers of such services; health epidemics and other outbreaks in China; and general economic conditions in China. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

Ascent Investor Relations LLC
Tina Xiao
+1 917-609-0333
tina.xiao@ascent-ir.com

Cision View original content:https://www.prnewswire.com/news-releases/meten-edtechx-to-report-second-quarter-of-fiscal-year-2021-financial-results-on-wednesday-august-18-2021-301353493.html

SOURCE Meten EdtechX Education Group Ltd.

FAQ

When will Meten EdtechX report its financial results?

Meten EdtechX will report its financial results on August 18, 2021.

What time is the Meten EdtechX earnings call?

The earnings call is scheduled for 8:00 am U.S. Eastern Time on August 18, 2021.

What market does Meten EdtechX operate in?

Meten EdtechX operates in the English language training market in China.

What is the focus of Meten EdtechX?

The focus of Meten EdtechX is to enhance the English language competence of the Chinese population.

What technology does Meten EdtechX use?

Meten EdtechX uses AI-driven centralized teaching and management systems.

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