Ambow Education Wins Bid for Asian Development Bank-Backed Project

BEIJING, Sept. 30, 2020 /PRNewswire/ — Ambow Education Holding Ltd. (“Ambow” or the “Company”) (NYSE American: AMBO), a leading national provider of educational and career enhancement services in China, is pleased to announce today, that one of its wholly-owned subsidiaries in China, Beijing Ambow Shengying Education and Technology Co., Ltd (“Ambow Shengying“), received notification from Instrimpex International Tendering Co., Ltd., which is responsible for facilitating Asian Development Bank (“ADB”) loan projects, that Ambow Shengying won the bid for a ADB-backed project in Ziyang, Sichuan Province of China. ADB focuses on projects that help promote private investments in the region that will have significant development impact and will lead to accelerated, sustainable, and inclusive growth.

This project is designed to provide Ziyang Technical and Vocational Education and Training (“TVET”) Center with curriculum design and technological aid for teaching capacity expansion and is a part of the

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TGR Foundation launches Bid with Purpose, Giving Challenge fundraisers to further expand online learning resources

The unprecedented pandemic of COVID-19 has challenged the way educators teach and how students learn.

With a shift to remote learning, there have been newly-presented limits of access to quality educational resources, especially in under-resourced schools and high-needs communities. Recognizing this need, the TGR Foundation has substantially expanded its free online learning resources to these communities and has continuously introduced new lessons online each month.

To support this initiative, two new fundraisers – TGR EXP: Bid with Purpose and the Giving Challenge – have been created to help serve youth through education, as funds are critical for the foundation to provide free programs.

The first fundraiser, Bid with Purpose, is an online auction which includes authentic Tiger Woods signed memorabilia and dynamic golf experiences. The auction is currently live and ends at 3 p.m. ET on Friday, Sept. 25th.

A few of the auction items for golf lovers include a

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