SHANGHAI,
July 23, 2021
/PRNewswire/ -- Zhangmen Education Inc. ("Zhangmen" or the
"Company") (NYSE: ZME), a leading online education company in
China focused on providing
personalized online courses to K-12 students, today noted that it
was reported in the press that the PRC regulators were expected to
publish new rules and regulations that are intended to, among other
things, tighten the regulation over after-school tutoring services.
As of the date of this press release, the Company has not received
any official notification of the new rules and regulations reported
in the press. The Company will closely monitor the regulatory
development in the PRC education industry.
About Zhangmen Education Inc.
Zhangmen Education Inc. (NYSE: ZME) is a leading online
education company in China focused on providing
personalized online courses to K-12 students. The Company's core
course offerings encompass one-on-one and small-class after-school
tutoring services covering all core K-12 academic subjects, with an
established portfolio of well-recognized online education brands
including Zhangmen One-on-One, Zhangmen Small
Class, Zhangmen Kids and Xiaoli.
Leveraging its high-quality teaching talents with localized
insights, data-driven localized educational content and powerful
technology infrastructure, the Company provides a personalized and
results-driven learning experience to students across different
regions. Over the years, the Company has successfully garnered wide
recognition in the industry and established "Zhangmen" as a trusted
online education brand. For more information, please
visit ir.zhangmenedu.com.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements which are made pursuant to 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," "aims,"
"future," "intends," "plans," "believes," "estimates," "likely to,"
and similar statements. Statements that are not historical facts,
including statements about the Company's beliefs, plans, and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding these and other risks is included in the
Company's filings with the SEC. All information provided in this
press release is as of the date of this press release, and the
Company does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
For investor and media inquiries, please contact:
In China:
Zhangmen Education Inc.
Investor Relations
E-mail: ir@zhangmen.com
The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: zhangmen@thepiacentegroup.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: zhangmen@thepiacentegroup.com
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SOURCE Zhangmen Education Inc.