China Education Alliance to Hold Annual Meeting of Stockholders on December 24, 2013
HARBIN, China, Nov. 13, 2013 /PRNewswire/ -- China Education Alliance, Inc. ("China Education Alliance" or the "Company", OTCQX: CEAI), a China-based education resource and services company today announced the Company will hold its annual meeting of stockholders (the "Annual Meeting") on Tuesday, December 24, 2013, at 9:00 a.m. local time in Beijing, China.
The time and location of China Education Alliance's Annual Meeting are as follows:
Date: Tuesday, December 24, 2013
Time: 9:00 a.m. local time
Location: 6/F Middle Tower, China Overseas Plaza
No. 8 Guanghua Dong Li, Chaoyang District
Beijing 100020, People's Republic of China
At the Annual Meeting, the following proposals will be submitted for stockholder approval and are fully described in the Proxy Statement filed with the Securities and Exchange Commission on November 5, 2013. The Company's proxy and annual report are also available for download on the Company's corporate website: http://www.chinaeducationalliance.com/investor.jsp?type=1
- To elect three directors to serve until the next annual meeting of stockholders and until their respective successors have been duly elected and qualified, or until such director's earlier resignation, removal or death;
- To ratify the appointment of Albert Wong & Co. as our independent registered public accounting firm for the fiscal year ending December 31, 2013;
- To vote on a non-binding advisory resolution to approve executive compensation; and
- To act on such other matters as may properly come before the meeting or any adjournment or adjournments thereof.
It would be helpful to the Company for shareholders who expect to attend the Annual Meeting to respond by Monday, December 16, 2013, by contacting Ms. Cloris Li, Chief Financial Officer at firstname.lastname@example.org or Mr. Christian Arnell from Christensen via email email@example.com.
About China Education Alliance, Inc.
China Education Alliance, Inc. (http://www.chinaeducationalliance.com) is a leading educational services company offering high-quality instructors and online education materials for students between the ages of 6 to 18 and adults (university students and professionals) aged 18 and over. Divided into two segments, students and graduate professionals, our business model delivers the skills and knowledge necessary to excel in a rapidly growing and highly competitive China. The Company provides students in the first segment with online education materials sourced from top tier schools and famous instructors for download, as well as online training and tutoring services. With teaching centers located across China, the Company also offers hands on training and tutoring to aid Chinese students pass the two most important tests they will face in their educational careers: the senior high school entrance and college entrance exams. In the second segment for graduates and professionals, China Education Alliance provides vocational training courses in subjects including IT, administration, multimedia, as well as several professional training programs.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release, constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding our ability to prepare the company for growth, the Company's planned expansion in 2009 and predictions and guidance relating to the Company's future financial performance. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs and are not a guarantee of future performance but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the education industry, pricing and demand trends for the Company's products, changes to government regulations, risk associated with operation of the Company's new facilities, risk associated with large scale implementation of the company's business plan, the ability to attract new customers, ability to increase its product's applications, cost of raw materials, downturns in the Chinese economy, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. Investors are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release, readers are cautioned not to place undue reliance on any of them and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
For more information, please contact:
China Education Alliance, Inc.
Ms. Cloris Li
Chief Financial Officer
Mr. Christian Arnell
Telephone: +86 10 5826 4939
SOURCE China Education Alliance, Inc.