RISE Education Cayman (REDU) has not received official notification of new China regulations
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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. It is the Company's policy not to comment on market speculations.
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