NASDAQ-NMS:CLEU

China Liberal Education Holdings Limited Reports Financial Results for Fiscal Year 2023

Retrieved on: 
Monday, April 15, 2024
Cloud, Transfer, Education, University, Beijing Foreign Studies University, Acquisition, Ministry, Marketing, Security (finance)

Gross profit was $1.65 million for fiscal year 2023, compared to $4.03 million for fiscal year 2022.

Key Points: 
  • Gross profit was $1.65 million for fiscal year 2023, compared to $4.03 million for fiscal year 2022.
  • Loss from operations was $0.93 million for fiscal year 2023, compared to $1.55 million for fiscal year 2022.
  • Revenue decreased by $2.33 million, or 44.7%, to $2.89 million for fiscal year 2023 from $5.22 million for fiscal year 2022.
  • Net cash provided by financing activities was $12.72 million for fiscal year 2023, compared to $12.90 million for fiscal year 2022.

China Liberal Education Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Monday, February 5, 2024
Letter, Calendar, Failure, Notification, Cryptocurrency

BEIJING, Feb. 5, 2024 /PRNewswire/ -- China Liberal Education Holdings Limited ("China Liberal" or the "Company") (Nasdaq: CLEU), a China-based company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on February 2, 2024,  informing the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.

Key Points: 
  • BEIJING, Feb. 5, 2024 /PRNewswire/ -- China Liberal Education Holdings Limited ("China Liberal" or the "Company") (Nasdaq: CLEU), a China-based company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on February 2, 2024,  informing the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.
  • On September 26, 2023, the Company was notified by Nasdaq of its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was provided 180 calendar days, or until March 25, 2024, to regain compliance.
  • The Notification Letter the Company received from Nasdaq on February 2, 2024 noted that the Company evidenced a closing bid price of its ordinary shares at or greater than the $1.00 per share minimum requirement for the last 10 consecutive business days, from January 19, 2024 to February 1, 2024.
  • Nasdaq stated that, accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2).

China Liberal Education Holdings Limited Announces Share Consolidation

Retrieved on: 
Wednesday, January 17, 2024
CUSIP

BEIJING, Jan. 17, 2024 /PRNewswire/ -- China Liberal Education Holdings Limited ("China Liberal" or the "Company") (NASDAQ: CLEU), a China-based company that provides smart campus solutions and other educational services, today announced that the Company plans to effect a share consolidation of fifteen (15) ordinary shares with par value of $0.001 per share each in the Company's issued and unissued share capital into one (1) ordinary share with par value of US$0.015 (the "Share Consolidation").

Key Points: 
  • BEIJING, Jan. 17, 2024 /PRNewswire/ -- China Liberal Education Holdings Limited ("China Liberal" or the "Company") (NASDAQ: CLEU), a China-based company that provides smart campus solutions and other educational services, today announced that the Company plans to effect a share consolidation of fifteen (15) ordinary shares with par value of $0.001 per share each in the Company's issued and unissued share capital into one (1) ordinary share with par value of US$0.015 (the "Share Consolidation").
  • As a result of the Share Consolidation, each fifteen (15) pre-consolidation ordinary shares outstanding will automatically combine and convert into one issued and outstanding ordinary share without any action on the part of the shareholders.
  • The Share Consolidation will be effective on January 19, 2024.
  • Immediately following the Share Consolidation, the authorized share capital of the Company will be US$7,500,000 divided into 500,000,000 ordinary shares of US$0.015 par value each.

China Liberal Education Holdings Limited to Hold 2023 Annual General Meeting on November 30, 2023

Retrieved on: 
Wednesday, November 8, 2023
Cayman, AGM, Bank statement, Republic, Proxy, Annual report, 7th Floor, AGM-159 JASSM, Cryptocurrency, Security (finance)

BEIJING, Nov. 7, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, announced today that it would hold its 2023 annual general meeting of shareholders (the "AGM") at 7th Floor, Building 5, No.

Key Points: 
  • BEIJING, Nov. 7, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, announced today that it would hold its 2023 annual general meeting of shareholders (the "AGM") at 7th Floor, Building 5, No.
  • The notice of the AGM and the form of proxy for the AGM are available on the Company's website at http://ir.chinaliberal.com/ .
  • If you own ordinary shares of the Company, you may vote by proxy or in person at the AGM.
  • The Company's Form 20-F can be accessed on its website at http://ir.chinaliberal.com/ , as well as on the SEC's website.

China Liberal Education Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2023

Retrieved on: 
Thursday, October 19, 2023
Cloud, Beijing Foreign Studies University, Government, Acquisition, Ministry, University, Student, FMP, Education, Nopadol Wanwang, Tutoring, Manufacturing, Life insurance, Rare-earth element, Cryptocurrency

Gross margins were 28.7% and 83.5% for the six months ended June 30, 2023 and 2022, respectively.

Key Points: 
  • Gross margins were 28.7% and 83.5% for the six months ended June 30, 2023 and 2022, respectively.
  • Net income was $0.38 million for the six months ended June 30, 2023, compared to $1.50 million for the same period last year.
  • Basic and diluted earnings per share were $0.01 for the six months ended June 30, 2023, compared to $0.09 for the same period last year.
  • Net income was $0.38 million for the six months ended June 30, 2023, compared to $1.50 million for the six months ended June 30, 2022.

China Liberal Education Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Retrieved on: 
Wednesday, September 27, 2023
Calendar, Letter, Failure, Face, Cryptocurrency, Auction

BEIJING, Sept. 27, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on September 26, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq.

Key Points: 
  • BEIJING, Sept. 27, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on September 26, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq.
  • Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.
  • Based on the closing bid price of the Company's ordinary shares for the 30 consecutive business days from August 14, 2023 to September 25, 2023, the Company no longer meets the minimum bid price requirement.
  • To regain compliance, the Company's ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days.

China Liberal Education Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Friday, July 7, 2023
Calendar, Letter, Failure, Notification, Cryptocurrency

BEIJING, July 7, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that operates two colleges and provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on July 7, 2023,  informing the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.

Key Points: 
  • BEIJING, July 7, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that operates two colleges and provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on July 7, 2023,  informing the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.
  • On February 15, 2023, the Company was notified by Nasdaq of its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was provided 180 calendar days, or until August 14, 2023, to regain compliance.
  • The Notification Letter the Company received from Nasdaq on July 7, 2023 noted that the Company evidenced a closing bid price of its ordinary shares at or greater than the $1.00 per share minimum requirement for the last 12 consecutive business days, from June 20, 2023 through July 6, 2023.
  • Nasdaq stated that, accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2).

China Liberal Education Holdings Limited Reports Financial Results for Fiscal Year 2022

Retrieved on: 
Monday, May 15, 2023
Travel, Tripura Merger Agreement, Education for Economic Security Act, Marketing, COVID-19, Nopadol Wanwang, University, Beijing Foreign Studies University, Government, Ministry, Mergers and acquisitions, Student, Acquisition, FMP, Transaction, Relaxation, Education, Cryptocurrency, Tutoring, Video game, Pharmaceutical industry

Gross profit increased by 117.6% to $6.01 million for fiscal year 2022, from $2.76 million for fiscal year 2021.

Key Points: 
  • Gross profit increased by 117.6% to $6.01 million for fiscal year 2022, from $2.76 million for fiscal year 2021.
  • Loss from operations was $1.38 million for fiscal year 2022, compared to $1.17 million for fiscal year 2021.
  • Basic and diluted loss per share were $0.07 for fiscal year 2022, compared to $0.12 for fiscal year 2021.
  • Revenue increased by 196.8% year-over-year to $11.60 million for fiscal year 2022 from $3.91 million for fiscal year 2021.

China Liberal Education Holdings Limited Announces the Termination of Merger Agreement with AIWAYS Holdings Limited

Retrieved on: 
Tuesday, May 2, 2023
Agreement, Growth, Plan, Tripura Merger Agreement, Eastern Time Zone, Management

BEIJING, May 2, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that effective April 30, 2023, it terminated its previously announced Agreement and Plan of Merger (the "Merger Agreement") with AIWAYS Holdings Limited ("AIWAYS"), a global new energy vehicle brand, by sending written notice to AIWAYS.

Key Points: 
  • BEIJING, May 2, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that effective April 30, 2023, it terminated its previously announced Agreement and Plan of Merger (the "Merger Agreement") with AIWAYS Holdings Limited ("AIWAYS"), a global new energy vehicle brand, by sending written notice to AIWAYS.
  • The board of directors of China Liberal held a meeting at 8:00 a.m. on April 26, 2023, Eastern Time, and unanimously approved the termination of the Merger Agreement.
  • Ms. Ngai Ngai Lam, Chairwoman and CEO of China Liberal, stated, "Although the proposed business combination with AIWAYS did not come to fruition, China Liberal's strength as a standalone business is indisputable.
  • Our focus has always been on creating shareholder value, and we remain committed to this vital objective as we move forward."

China Liberal Education Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Retrieved on: 
Friday, February 17, 2023
Face, Calendar, Failure, Letter, Cryptocurrency, Auction

BEIJING, Feb. 17, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on February 15, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq.

Key Points: 
  • BEIJING, Feb. 17, 2023 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on February 15, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq.
  • Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.
  • Based on the closing bid price of the Company's ordinary shares for the 30 consecutive business days from January 3, 2023 to February 14, 2023, the Company no longer meets the minimum bid price requirement.
  • To regain compliance, the Company's ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days.