Ambow Announces Release of Co-Produced "China Integrated Circuit Industry Talent Development Report 2020-2021"

BEIJING, Oct. 28, 2021 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading cross-border career educational and technology service provider, today announced that the "China Integrated Circuit Industry Talent Development Report 2020-2021" (the "Report"), formerly known as "White Paper on Talents in China's Integrated Circuit Industry," was officially released at the Fourth Semiconductor Intelligence Conference 2021 in Zhuji, Zhejiang. As one of the Report's primary contributors, Ambow has participated in its research and compilation for five consecutive years.

Ambow collaborates with a distinguished group of industry leaders including the China Center for Information Industry Development (CCID) and the China Semiconductor Industry Association (CSIA) to research and assemble the Report, which examines talent demand trends in China's semiconductor industry and supplies data support for relevant policy and industry research. Ambow's core team of leading integrated circuit experts from Silicon Valley provides research and analysis of talent supply and demand as well as talent structure. For the past four years, Ambow has also assisted in the organization of the Semiconductor Intelligence Conference, leveraging its strengths and resources to promote the development of a positive environment for talent cultivation in the integrated circuits industry.

Dr. Jin Huang, President and Chief Executive Officer of Ambow, commented, "As a pioneer of new technologies and new models in education, Ambow is dedicated to refining and perfecting the talent cultivation model for the integrated circuits industry. Looking ahead, we will actively adapt to the industry's upgrade requirements, build a talent cultivation ecosystem and public service platform based on key links in the industry chain, and facilitate comprehensive industry development."

About Ambow Education Holding Ltd.

Ambow Education Holding Ltd. is a leading cross-border career educational and technology service provider, offering high-quality, individualized services and products. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in China and United States of America.

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