Tarena Weishang

Tarena Times Technology Group Co., Ltd. "NASDAQ:TEDU" (hereinafter referred to as "Tarena Group") successfully went public on the NASDAQ in the United States on April 3, 2014, raising USD 100 million, becoming the first vocational education company in China to go public and also the largest vocational education company in China.

The Tarena Group was established in September 2002. Currently, it has established more than one hundred training centers in 33 large and medium-sized cities including Beijing, Shanghai, Guangzhou, Shenzhen, Dalian, Nanjing, Wuhan, Hangzhou, Xi'an, Suzhou, Chengdu, and Shenyang, with a total floor area exceeding 94,000 square meters. It employs over 3,000 staff and trains up to 50,000 people annually. With excellent teaching quality, Tarena Group provides students with strong career competitiveness, has established a good reputation among employing enterprises, and has grown rapidly with an annual growth rate exceeding 60% for three consecutive years through its pioneering business model.

The Tarena Group's business areas cover IT education, non-IT education, and talent services. The company, closely aligned with the actual needs of Chinese enterprises, attracts senior technical experts and elite engineers to form its core team. It offers 11 major curriculum systems including Java, C++, C#/.Net, 3G-Android, 3G-IOS, PHP, Embedded, Testing Technology, UID Digital Art, Network Engineering, and Network Marketing, providing comprehensive talent services for high-end IT enterprises and advanced application-oriented talents for the entire industry. Tarena Group has cumulatively trained and supplied over 130,000 intermediate and senior talents to more than 35,000 well-known Chinese and foreign enterprises, including IBM, Microsoft, Huawei, Chinasoft, UFIDA, Yahoo, Alibaba, TOM, Sina, Sohu, Baidu, Lenovo, Digital China, Datang Telecom, and AsiaInfo, and has established long-term cooperative relationships with over 500 universities in China.

Tarena is an innovation-driven company; it is the first to provide vocational education training for university students, the first vocational education company to receive international venture capital, the first to practice the O2O (Online 2 Offline) teaching model and achieve success, and also the first vocational education company in China to successfully go public. It has been selected for five consecutive years for Deloitte's "China High-Tech High Growth 50 Companies" and "Asia Pacific High-Tech High Growth 500 Companies", was twice rated by PricewaterhouseCoopers and the High-Tech Enterprise Association as one of the "Zhongguancun Top 100 High-Tech, High-Growth Enterprises", was awarded the "Take-off Award" China Top 50 by the Western Returned Scholars Association for overseas returnee entrepreneurs, and received multiple awards such as "Excellent Enterprise" in China's education industry selected by CCTV. In 2013, Tarena won the "China Annual Best Employer" Beijing Top 30 awarded by Zhaopin.

"Yingcai Tianyi" is a high-end vocational education brand launched by Tarena Times Technology Group in response to national policies to promote deepening reform of vocational education and to meet the needs of universities and college students for in-depth professional quality training and professional re-engineering. Targeting universities nationwide, it provides "one-stop school-enterprise cooperation solutions" from four dimensions: teaching systems, comprehensive internships and practical training, graduate employment, and enterprise-level faculty cultivation. Through cooperation models with universities across the country, such as "employment training, joint specialty programs (special classes), and joint innovation schools," it achieves the integration and alignment of high-quality vocational education resources between schools and enterprises, promotes the rapid development of China's vocational education reform, and provides one-stop solutions for it.

Yingcai Tianyi, closely aligned with the actual needs of Chinese enterprises, attracts senior technical experts and elite engineers to form a core team, serving the employment of Chinese university students with higher quality. Currently, Yingcai Tianyi has established close cooperation with 586 universities nationwide. Its cooperation with universities is employment-oriented, optimizing and reforming professional training plans through higher education institutions, restructuring professional course systems, introducing internationally renowned corporate resources, utilizing rich teaching methods and approaches, and highlighting practical training features closely linked to specialties, helping universities establish vocational talents that adapt to social and industry development in areas such as training positioning, specialty setting, engineering practice, and student employment.

Yingcai Tianyi has a talent service team of over 500 people, providing integrated talent demand solutions for enterprises and comprehensive career quality guidance and employment recommendation services for university students. As of December 2014, Yingcai Tianyi had nearly 50,000 partner enterprises. That year, it signed 3,226 integrated talent cooperation agreements and 995 customized agreements. A total of over 10,000 on-site recruitment fairs were held cumulatively. To date, it has cultivated and supplied over 200,000 intermediate and senior professional talents for well-known enterprises such as IBM, INFOSYS, Huawei, UFIDA, Baidu, Sina, Lenovo, Beyondsoft, Founder International, PCCW, and AsiaInfo-Linkage, becoming an important platform for enterprises to select talents and for talents to enter prestigious companies.

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