Ambow Education Holding Ltd. (Ticker symbol: AMBO) is a leading national provider of educational and career enhancement services in China. Ambow business addresses three critical demands in China’s education market: the desire for students to be admitted into top secondary and post-secondary schools, the desire for graduates of those schools to obtain more attractive jobs and the need of schools and corporate clients in optimizing their teaching and operating environment. We offer high quality, individualized services and products through our integrated online and offline delivery model powered by our proprietary technologies and infrastructure.

Ambow has two reportable segments, which are K-12 Schools, and CP&CE Programs. Our tutoring centers, training offices, career enhancement centers and college are within the CP&CE Programs segment. As of December 31, 2019, Ambow had a total of 60 learning centers and schools, comprised of 3 directly-operated K-12 schools, 25 tutoring centers, 26 training offices, 5 career enhancement centers and 1 career enhancement campus, which are located in 30 provinces and autonomous regions within China.

Ambow Education was founded in Silicon Valley and started developing its business in China in 2000. The company is dedicated to building standardized, digitalized and globalized education service platforms, and effectively distributing high quality education resources.

Ambow refers to K-12 education programs with standards-based curriculum that enable students to improve their academic results and educational opportunities as “Better Schools”. Ambow provides results-oriented services and products customized to regional curriculum requirements and individual student needs to help students enhance academic results, including scores on ZhongKao and GaoKao admission tests, the results of which are of primary importance in determining admission into top secondary and post-secondary schools. Ambow also offer international education programs, which provide curricula mandated by the PRC regulatory authorities and in addition, curricula with a focus on preparing students to study abroad. Its international education programs have been designed to specifically address the study needs of students in terms of both language and academics. Ambow Education owns multiple directly operated schools in China and overseas. Through its directly operated K-12 schools, Ambow established a comprehensive K-12 education system featured by education research, international cooperation, educational resource consolidation and innovation of technologies and services. The education system helps Ambow tightly cooperate with dozens of domestic primary and secondary schools to enhance their education services, as well as share educational resource with hundreds of domestic schools every year.

Ambow refers to its career education programs that facilitate post-secondary students obtaining more attractive employment as “Better Jobs”. By utilizing Ambow Cloud Service Platform and Application-Oriented Education System and Innovative Model, Ambow Education partners with dozens of universities and forms joint colleges and academic programs. Ambow’s Better Jobs programs are mainly offered through our career enhancement service network, which are strategically located in key economic centers across China such as the Northern East Area (Bohai Rim Area), the Central South Area (Changsha, Zhuzhou and Xiangtan) and the Southern East Area (Yangtze River Delta). Within our career enhancement training centers, we partner with leading international career training content providers, corporations and universities to provide practical project-based training, “hands-on training” and simulations of professional skills to enhance students’ overall competitiveness for better employment opportunities after graduation.

Ambow owns more than 50 intellectual property rights and 9 inventions authorized by the Chinese government. The company has also been awarded by the United States Patent and Trademark Office a patent for its innovative Adaptive Computer-Assisted Learning System and Method (platform for enhancing learning outcomes.