Baijiayun Contributes to the "Urban and Rural School Community" Project, Empowering an Infinite Future for Smart Education

Rhea-AI Summary

Baijiayun Group (NASDAQ: RTC), an AI video solution provider, supported the 'Urban and Rural School Community' project through its 'Three Classrooms' digital platform. The platform enabled real-time interaction between education experts, teachers, and students from various regions including Beijing, Hebei, and Shanxi provinces. Teachers collaborated on Chinese open classes and participated in post-class discussions through the cloud platform. The company has deployed thousands of integrated smart classrooms nationwide, facilitating resource sharing and breaking geographical barriers in education.

Positive

• Successfully deployed thousands of integrated smart classrooms nationwide
• Demonstrated practical implementation of digital education platform across multiple regions

Negative

• None.

Insights

Tech Expert

The announcement of Baijiayun's contribution to the "Urban and Rural School Community" project represents a minor operational update without significant financial implications. While the company's digital platform deployment demonstrates market presence in the education sector, the news lacks concrete metrics about revenue impact, contract values, or material business outcomes.

The deployment of "thousands of integrated smart classrooms" is mentioned without specific timeframes or financial details, making it difficult to assess the actual business impact. This appears to be more of a PR announcement highlighting ongoing operations rather than market-moving news that would significantly affect investor decisions or company valuation.

BEIJING, Nov. 19, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, recently made contributions to the " Urban and Rural School Community " project.

On November 11th, the training work for the "Urban and Rural School Community" project was held at the Fangzhuang Campus of the Beijing No.18 Middle School.

Baijiayun provided service support for the "Three Classrooms" digital platform for this urban and rural community project. Relevant principals, teachers, and student representatives from Fengning County in Hebei Province and Wenxi County in Shanxi Province participated in the launching ceremony online through this platform.

At the project site, through the interactive connection via the cloud, relevant education experts interacted in real time and had cordial exchanges with teachers and student representatives, breaking through the limitations of space and sharing the great achievements of education and teaching.

Based on the "Three Classrooms" digital platform provided by Baijiayun, teachers from schools in Fengtai District of Beijing, Fengning County of Chengde City, and Wenxi County of Yuncheng City actively participated in Chinese open classes, observed teaching activities together, and jointly carried out exchanges on listening, evaluating, and commenting on classes through the cloud of the "Three Classrooms" digital platform after class.

The platform not only helped teachers from different regions and schools deepen their understanding of teaching materials and teaching methods, but also enabled them to enhance complementary advantages and exchange experiences with the help of various tools provided by the platform, further optimizing teaching concepts and broadening the ideas for classroom teaching design.

In the past few years, Baijiayun has successfully met various demands under the background of new opportunities and provided abundant audio and video technology support and services for smart education. Up to now, Baijiayun has deployed thousands of integrated smart classrooms with both software and hardware across the country, providing in-depth services and  helping education break through the limitations of time and space and realize resource sharing.

About Baijiayun Group Ltd 

Baijiayun is a one-stop AI video solution provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering reliable, high-quality video experiences across devices and localities and has grown rapidly since its inception in 2017. Premised on its industry-leading video-centric technologies, Baijiayun offers a wealth of video-centric technology solutions, including Video SaaS/PaaS, Video Cloud and Software, and Video AI and System Solutions. Baijiayun caters to the evolving communications and collaboration needs of enterprises of all sizes and industries. For more information, please visit ir.baijiayun.com.

Safe Harbor Statement

This press release contains certain "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," and "plan" and similar expressions indicate forward-looking statements.

Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company's estimates to change.

The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

For investor and media enquiries, please contact:

Company Contact:
Ms. Fangfei Liu 
Chief Financial Officer, Baijiayun Group Ltd
Phone: +86 25 8222 1596
Email: ir@baijiayun.com 

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SOURCE Baijiayun Group Ltd

FAQ

What is Baijiayun's role in the Urban and Rural School Community project?

Baijiayun (RTC) provided the 'Three Classrooms' digital platform, enabling real-time interaction and collaboration between teachers and students from different regions, including Beijing, Hebei, and Shanxi provinces.

How many smart classrooms has Baijiayun (RTC) deployed?

Baijiayun has deployed thousands of integrated smart classrooms with both software and hardware across China.

Which regions participated in Baijiayun's (RTC) educational platform launch?

Representatives from Fengning County in Hebei Province, Wenxi County in Shanxi Province, and Beijing's Fengtai District participated in the platform launch and educational activities.