- All of Jinghan's operated centers are legally registered with the local Administration for Industry and Commerce and the relevant local tax bureaus.
- As required by local regulations, all of Jinghan's centers display the service price list openly and the staff is required to explain the prices clearly. The Company believes that Jinghan's ability to raise prices reflects Ambow's market leadership in tutoring and the premium its one-on-one brand commands in the market.
- It has never been Jinghan's policy to encourage staff to exaggerate training results and any such unprofessional behavior of staff is not tolerated.
Ambow Responses To Market Confusion
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