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Why China Liberal Education Holdings Limited (CLEU) stock Is Uprising During Premarket Trading?

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China Liberal Education Holdings Limited (CLEU) stock is experiencing an increase of 4.14% in the premarket on 15th September 2021. However, the last trading session closed at $2.9 with a downfall of 7.05%.

RMB25 Million Purchase and Sale Contract of All-in-one Machine AI-Space

China Liberal Signs RMB25 Million All-in-One Machine AI-Space Purchase and Sale Contract CLEU said that on September 9, 2021. The company inked a formal acquisition and sale agreement with Beijing Cloud Class Technology Co., Ltd. It’s a Chinese talent incubator for technical innovation and creative enterprises.

BCCT has agreed to buy 100 AI-Space devices from the company in order to build around 100 smart classrooms. In exchange, BCCT will pay RMB25 million with an RMB2 million down payment.

Internship and employment opportunities for graduates

CLEU announced that it has collaborated with a number of firms to provide graduates with internship and job possibilities.

In addition, Fuyao Glass Industry Group Co., Ltd. held an internship interview for over 200 students recommended by the company on August 24, 2021. The Fuyao Group is a multibillion-dollar worldwide conglomerate that specializes in automobile safety glass. The first round interview went well for 130 students out of 200. Later they will advance to the second round of interviews.

Strategic Cooperation Agreement by CLEU

CLEU stated that it has inked a strategic partnership deal with Boya Shoushan Kindergarten on August 11, 2021. Boya will be provided with complete smart kindergarten solutions, including data management and kindergarten facility refurbishment, according to the company.

Furthermore, the major areas of the Company’s smart kindergarten solutions include the kindergarten portal, attendance and much more. Last but not the least, the firm has created a single platform that collects basic data from all aspects of kindergarten administration.

Smart campus solutions to Minjiang University’s Straits Institute by CLEU

CLEU announced on August 4th, 2021, that it will provide SIMU with smart campus solutions under a deal inked in July 2021. The system installation and testing processes for smart campus solutions have been completed.

Moreover, SIMU for virtual online education employs China Liberal’s self-developed and patented all-in-one machine AI-Space, which provides students with integrated visualization solutions.

Lastly, Teachers can use Tencent conference, ZOOM, Feishu, Teams, and other technologies to teach remotely.

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