China Liberal Education Holdings Ltd. (NASDAQ: CLEU) stock gained by 22.71% at last close whereas the CLEU stock price declines by 11.42% in the after-hours trading session. China Liberal, based in Beijing, is a Chinese educational services company. It offers a variety of services, including Sino-foreign jointly managed academic programs, an international education consulting services, technical business solutions for Chinese universities to enhance their campus information and data control plan and maximize their teaching, functioning, and management environment, resulting in a “smart campus,” and customized job readiness training.
CLEU stock’ Recent Development
On August 11, 2021, China Liberal Education signed a strategic collaboration agreement with Boya Shoushan Kindergarten which is a high-quality outstanding kindergarten in Fuzhou City’s Cangshan District. The Company promises to offer Boya full smart kindergarten solutions, including data processing and kindergarten facility renovation, under the terms of the agreement.
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Kindergarten portal, attendance and temperature measurement management, faculty control, teaching maintenance, kindergarten operation, and home-school connection are the six key areas of the Company’s smart kindergarten solutions.
The company uses cutting-edge technology to create a single platform that collects fundamental data from all elements of kindergarten administration, including children’s attendance, class management, material usage, fee collection and refund, faculty management, and kindergarten management. To decrease management errors in the kindergarten, the kindergarten employs the Company’s solutions to perform actual data monitoring, information collecting, intelligent analysis, and visual display.
Ms. Ngai Ngai Lam, Chairwoman, and CEO of China Liberal stated,
The preschool education sector has a significant addressable market. The relaxation of China’s population policy and increasing urbanization have created a significant market opportunity for preschool education, but the industry’s informatization is still in its early stages. As a result, the use of education modernization in the field of preschool education has a big future. In the long term, they want to develop their preschool education company by creating a smart system that integrates software, hardware, platforms, and services, as well as continue to encourage preschool education sector innovation and transformation.