Meten Holding Group Ltd. will launch housekeeping training courses in September 2022

Shenzhen, China, June 16, 2022 /PRNewswire/ — Meten Holding Group Ltd. (“Meten Holding Group” or the “Company”) (NASDAQ: METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today announced that the company plans to launch housekeeping training courses (the “Courses”) in September 2022 to address the shortage of qualified personnel in the housekeeping services industry of China.

Courses will be developed by professional teaching and research teams from universities The Philippines and training establishments Japan and well-known domestic teachers. Classes will cover a variety of topics, such as career development, housekeeping, cooking, common illnesses, dietary guidelines, job storage training, and health care training. The company will use a learning system applied to intelligent AI technology to improve its closed-loop learning system. Unlike traditional courses, the learning system provides students with an interactive learning experience to stimulate their interest in learning and allows visualization of their learning outcomes.

Additionally, the courses are employment-focused and designed to serve individuals who plan to become professional cleaners of residential apartments, aged care facilities, hotels, and resorts. Through strategic cooperation with domestic housekeeping service providers, senior care companies, and leading hotels and resorts, the company plans to provide employment opportunities for students with partners cooperatives.

Mr. Alan PengChairman and CEO of Meten Holding Group, said, “Given the shortage situation of approximately 17 million workers in the housekeeping services industry in China, we have high expectations for the course based on market factors. First, the aging of the population and the low birth rate in China led to the disappearance of the demographic dividend, and the situation of insufficient labor supply in the housekeeping industry will remain the same. Secondly, we believe that AI and cutting-edge technologies in the nursing industry have wide development space, leading to a significant increase in the demand for competent and competent housekeepers who can control and operate nursing establishments. smart medical care. Finally, companies have strict requirements for the credit ratings of housekeeping employees, and the system standardization process in the housekeeping industry is changing rapidly. In the future, we will continue to make our own contribution to adult vocational training and build the future of the housekeeping training industry with our school-enterprise partners and shareholders together. »

About Meten Holding Group Ltd.

Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel education company headquartered in China offering language and workplace training services. In addition to its training services, Meten Holding Group is actively developing metaverse, blockchain and cryptocurrency mining businesses to align with its future business development strategy. Meten Holding Group is committed to developing blockchain-related business in North America, including mining cryptocurrency, building mining farms, and operating a mining pool and data center. Meten Holding Group is actively exploring metaverse business such as Metaverse professional training courses with its competitive advantages and technology.

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Safe Harbor Statement

This announcement contains forward-looking statements that involve risks and uncertainties. These statements are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “will”, “expect”, “anticipate” , “future”, “intends”, “plans”, “believes”, “estimates” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including, but not limited to, the following: the company’s future development and ability to succeed in its new line of business in the cryptocurrency and blockchain industry; the continued impact of the COVID-19 pandemic and the emergence of new variants; our ability to attract students without significantly lowering tuition fees; our ability to continue to hire, train and retain qualified teachers; our ability to maintain and improve our brands; our ability to effectively and efficiently manage the expansion of our network of schools and successfully execute our growth strategy; the outcome of any pending or future litigation or arbitration, including those relating to copyright and other intellectual property rights; competition in the English language training industry in China; changes in our revenues and certain cost or expense items as a percentage of our revenues; the expected growth of the Chinese English training and private education market; Chinese government policies relating to private educational services and providers of such services; health epidemics and other epidemics in China; and general economic conditions in China. The Company undertakes no obligation to update any forward-looking statement, except as required by applicable law. All information provided in this press release and in the attachments speaks as of the date of this press release, and the Company assumes no obligation to update such information except as required by applicable law.

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