Rise education responds to media reports

Beijing, july 23, 2021 /prnewswire/ -- rise education cayman ltd ("rise" or "the company") (nasdaq: redu), a leading education service provider that focuses on the development of cognitive and aptitude training for young children in china, today noted that certain english and chinese language media outlets reported that the prc regulators are considering a new set of regulations concerning after-school tutoring service related to school subjects taught in china's compulsory education system. the reported regulations have not been published, and the company has not received official notification of the regulations.
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