Meten EdtechX Education Group Ltd. Provides Update of its Junior English Business
22 October 2020 - 12:00AM
Meten EdtechX Education Group Ltd. (NASDAQ: METX) (“Meten EdtechX”
or the “Company”), a leading English language training (“ELT”)
service provider in China, today provided the update of its junior
ELT business.
Meten Junior ELT (“Junior ELT”) is committed to
providing high-quality ELT services to children and teenagers from
three to 18 years of age in China. Junior ELT’s service
comprehensively covers all stages of English language learning,
including interest cultivation in the enlightenment stage of
English learning, the close-loop learning of input to output in
systematic English learning, and improvement of concentration and
test scores, all of which make Junior ELT the first choice for an
increasing number of urban elite families.
During the enlightenment stage of English
learning, Junior ELT selects the most suitable textbooks published
by Oxford University Press for non-English-speaking children. The
story theme of each unit is close to real life, which helps
students understand the language and use it daily. The curriculum
at this stage adheres to the concept of holistic education, and
uses language as the carrier to fully advance the comprehensive
development of students in multiple dimensions, such as sports and
emotions. Meanwhile, Junior ELT provides ELT services in
small-class mode, which only consists of six to 12 students. With
such class sizes that are rarely adopted in offline junior English
training institutions, every students can fully interact with their
teachers and classmates, which enables him/her to learn English
more effectively.
Junior ELT has a Meten Children course for the
students in the middle and lower grades of China’s public
elementary schools. This course uses the original “English as a
second language” (“ESL”) textbooks published by Cambridge
University Press to teach students both English and different ways
of thinking. Most teachers of this course are full-time foreign
teachers from European and North American countries. These foreign
teachers will teach leadership, presentation, and reading lessons
to cultivate children’s leadership. All courses are designed to
achieve a close-loop from input to output. We believe students will
benefit enormously from the course and be able to express
themselves confidently in English.
Junior ELT also has a Meten Teens course for
students from grades four to nine in China’s public schools. Like
many top private schools in China, Junior ELT uses the original
international ESL textbooks published by Cambridge University Press
and most of teachers hold both the Teaching Knowledge Test (TKT)
certificate and the Certificate in English Language Teaching to
Adults (CELTA) certificate. The course focuses not only on the
improvement of the students' comprehensive ability, but also on
their ability to meet the requirements of public schools at all
stages of English language learning.
Since the COVID-19 outbreak in January 2020,
Junior ELT has moved offline classes online to ensure students can
continue their study without interruption. In the meantime, Junior
ELT has provided three series of “learning courses” for more than
20,000 students across China, and successfully experimented with
paid online courses for the first time. During the epidemic,
students enjoyed various learning check-in and online course
services, which also laid a good foundation for business recovery
after China successfully contained the epidemic.
At the beginning of May 2020, Junior ELT first
resumed offline courses in Nantong and Changsha successively, and
the remaining offline learning centers of Junior ELT began to
resume operation gradually. The Junior ELT business in each city
has thus gradually recovered, and the actual business performance
has returned to the same level compared to the same period last
year. Effective curriculum product design, high-quality Chinese and
foreign teachers, and good pre- and after-school services enable
Junior ELT to recover or even beat its performance during the same
period last year.
About Meten EdtechX
Meten EdtechX is a leading ELT service provider
in China, delivering English language and future skills training
for Chinese students and professionals. Through a sophisticated
digital platform and 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). It offers superior teaching
quality and student satisfaction, which are underpinned 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 and competitiveness 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.
For investor and media enquiries, please
contact:
Meten EdtechX Stanley
Yang +86 1851-8513-075 stanley_yts@meten.com
Ascent Investor Relations LLC Tina Xiao +1
917-609-0333 tina.xiao@ascent-ir.com
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