China Education Resources Inc. Soccer Program Update
February 27 2018 - 8:00AM
China Education Resources, Inc. ("CER") (TSXV:CHN) (OTC:CHNUF), an
ed-tech company with leading technology of intelligent system and
contents to provide online/offline learning, training courses and
social media for teachers, students and education professionals,
today provides shareholders and investors with an update on its
soccer program.
Further to its press release of January 22, 2018, CER has
launched its indoor cage football (soccer) program in a shopping
mall. The indoor cage soccer program is designed for kids from 5
years to 12 years old. Kids will have face to face coaching for
soccer drills as well as cage soccer competition games. The program
also provides an online training platform to enrich the learning
experience of all participants. Users can watch soccer training
video contents on their computers or smartphones and interact with
coaches and parents. Each kid will be provided with a personal
online studio for their learning convenience, which includes
training materials, learning tools and social network. CER will
also take advantage of its existing education programs and tailor
them to integrate into each kid’s studio.
Shopping malls in big cities of China now house educational
institutes that offer classes covering every conceivable subject,
ranging from English language to arts. CER’s indoor soccer program
will provide facility and training for kids from local communities
to learn soccer skills and to play cage soccer games; it also
allows parents to drop off their kids at the soccer activities
while they go off shopping at the mall.
Asian parents spend seven times more money on their kids'
education than American parents do. China’s education market is
vast and set for further expansion in upcoming years as Chinese
families prepare their children to compete in an economy incredibly
different from the one they grew up in. The education market is
projected to be US$450 billion by 2020. Education is the number one
priority for parents desperate to help their Children get ahead in
competitive, modern China.
The Central Government of China is in the process of
implementing national soccer plan with the aim of popularizing
soccer knowledge and skills, developing soccer interests through
organizing soccer activities on campus in various forms, and
supporting family-oriented social soccer activities. With the
government plan, soccer education is blossoming in China. The
current China soccer market is estimated to be $200 billion. By
2025, the China sports industry is forecasted to reach $859.9
billion, with soccer as the biggest segment.
Without a doubt, there is a huge soccer market in China, and we
believe soccer education has a great potential. We are pleased to
have made progress on our soccer program and will continue to
update shareholders on CER’s future development.
In collaboration with China's education administrators and
experts, China Education Resources has been helping to transform
the curriculum of the world's largest educational system.
Recognizing the need to address education reform changes, China
Education Resources has created educational tools and curriculum
for China's entire kindergarten through twelfth grade system. The
Company is playing an integral part in transforming China's
educational system through helping to convert the existing
educational system from a memory-based learning system to a
creative thinking and interactive approach. Presently, China
Education Resources has over 1 million kindergartens through
twelfth grade teachers registered through its Web portal. For more
information, please visit www.chinaeducationresources.com or call
(604) 331-2388.
Safe Harbor Statement
Certain statements made herein, and other
statements relating to matters that are not historical facts and
statements of our beliefs, intentions and expectations about
developments, results and events which will or may occur in the
future, constitute "forward-looking information" within the meaning
of applicable securities legislation. Forward-looking information
and statements are typically identified by words such as
"anticipate", "could", "should", "expect", "seek", "may", "intend",
"likely", "plan", "estimate", "will", "believe" and similar
expressions suggesting future outcomes or statements regarding an
outlook. All such forward-looking information and statements are
based on certain assumptions and analysis made by China Education
Resources, Inc.'s management in light of their experience and
perception of historical trends, current conditions and expected
future developments, as well as other factors management believes
are appropriate in the circumstances. These statements, however,
are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ
materially from those projected in the forward-looking information
or statements. Important factors that could cause actual results to
differ from these forward-looking statements include those
described under the heading "Risks and Uncertainties" elsewhere in
the Company's MD&A filed at www.SEDAR.com. The reader is
cautioned not to place undue reliance on forward-looking
information or statements. Except as required by law the Company
does not assume the obligation to revise or update these
forward-looking statements after the date of this document or to
revise them to reflect the occurrence of future, unanticipated
events.
The TSX Venture Exchange has not reviewed, and
does not accept, responsibility for the adequacy or accuracy of the
contents of this press release. Contact China Education Resources
at: (604) 331-2388Email: admin@chinaeducationresources.com.Website:
http://www.chinaeducationresources.com
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