National Security Denies Kidnapping Rumours Of Kan-DapaahByrna Technologies (NASDAQ:BYRN) Trading 3.7% Higher – What’s Next?ego777 pragmatic 。

None

None

Best safety keychains for women in an emergencyThe right book can inspire the young readers in your life, from picture books to YA novelsMavericks vs. Nuggets prediction, odds: NBA picks, best betsMannatech Stock Soars to 52-Week High, Hits $10.6

Nick Kyrgios has hit out at “disgusting” doping scandals that have rocked tennis as a storm builds around Aussie doubles champ Max Purcell. Kyrgios on Saturday took another swipe at ATP Tour world No. 1 Jannik Sinner over the Italian’s doping rule breach — and the controversial three-month ban he was gifted. Kyrgios’ comments ahead of his return to tennis at the Brisbane International came after Aussie star Jordan Thompson earlier criticised tennis’ doping authorities for the ban his doubles partner, Purcell, received. Thompson on Saturday said Purcell’s provisional punishment was a “joke” after his Davis Cup teammate volunteered information which led to him accepting a ban earlier this month. Purcell was found to have breached the rules around “use of a Prohibited Method”. Watch every ball of Australia v India LIVE & ad-break free during play in 4K on Kayo | New to Kayo? Get your first month for just $1. Limited time offer . Specifically, the reigning US Open doubles champion “unknowingly received an IV infusion of vitamins above the allowable limit of 100ml”, according to his own social media post. Kyrgios, however, continued to argue against the short-term bans handed down in recent cases — headlined by the scandals surrounding Sinner and former women’s world number one Iga Swiatek. Sinner twice tested positive for the banned steroid clostebol in March. However, the International Tennis Integrity Agency (ITIA) accepted his argument that the steroid entered his system due to contamination from his physiotherapist and opted not to suspend him. The World Anti-Doping Agency (WADA) subsequently appealed the decision at the Court of Arbitration for Sport, with a verdict pending. Nick Kyrgios has come out swinging again. Kyrgios has been scathing about the ITIA decision in the past and didn’t hold back in a press conference ahead of his return to the game at the Brisbane International after an 18-month injury lay-off. “Tennis integrity right now, and everyone knows it, but no one wants to speak about it — it’s awful,” said the Australian. “It’s actually awful and it’s not okay. I know that people don’t like it when I just speak out about things, be honest about things. “For a kid that grew up playing tennis, I enjoyed the competition, I enjoyed playing. “I can get emotional, I can throw a racquet, but that’s nothing compared to cheating and taking performance-enhancing drugs.” Asked whether he was accusing Sinner of cheating, Kyrgios told journalists to look at the facts. “He did fail two doping tests at separate times, as well,” Kyrgios said. “It wasn’t one after the other — they were a different time frame, so I mean, if you think that that’s the way that it got in his system, if that’s how you think it’s happened, then. “But, I mean, if he didn’t do anything wrong, then why did they take his prize money and points away? Obviously they found something wrong with it.” Kyrgios said the sport’s image has been tarnished as a result of the Sinner and Swiatek suspension. Nick Kyrgios was not part of Australia’s 2024 Davis Cup campaign. Pictured: Matthew Ebden, Thanasi Kokkinakis, Alexei Popyrin, Captain Lleyton Hewitt, Jordan Thompson and Max Purcell. Photo by Angel Martinez/Getty Images for ITF. The ITIA accepted that Swiatek’s violation was not intentional and she received only a one-month ban. “I just think that it’s been handled horrifically in our sport,” he said. “Two world number ones both getting done for doping is disgusting for our sport. It’s a horrible look.” Kyrgios also showed some support for Purcell, noting the differences in the Wimbledon doubles champions’ case. “There’s not fair treatment for every single player,” Kyrgios said, as reported by Code Sports . “We’ve seen that with Max Purcell. The reason that’s different is because he went to the authorities first, he admitted he had done something that was on the prohibited (method) list. “That’s how it should be, rather than all this sweeping under the rug, not knowing, question marks.” Purcell is expected to miss the Australian summer swing with Thompson, who is on track to be seeded in singles for the Australian Open, lashing out ahead of a lead-up tournament in Brisbane. “It wasn’t great news for me and Maxy – and especially Max. I think it’s a bit of a joke, but there’s not a lot I can do about it,” Thompson said on Saturday. “I don’t think he’s quite happy, and neither am I, to be honest. “Obviously, he took too much in an IV bag, but to get suspended for that, when there are other people who are doing far worse and sometimes just get a slap on the wrist, a bit of a joke, I think. Thompson (right) has slammed the ruling. (Photo by TIMOTHY A. CLARY / AFP) “But it’s not up to me to decide what happens. “When you look at guys testing positive, then you have Max taking too much in an IV bag, it’s a head-scratcher.” Thompson further explained: “It’s a stitch-up. I mean, the guy took too much saltwater in an IV bag in Bali. “He was unwell, that’s why he went there. He went to the hospital. “I have no good words for it. It’s a joke. I mean, guys are testing positive (for) performance enhancers and he’s (Purcell) gone out and taken too much saltwater (and) they’ve suspended him. “Take of that what you will. Anyone looking at it goes, ‘it’s so unfair’.” Purcell said last week he was devastated by the development. “I was fully convinced that I had done everything to ensure that I had followed the WADA regulations and methods,” he shared on Instagram. “But the records show that the IV was over that 100ml limit, even though I told the medical clinic that I was a professional athlete and needed the IV to be below 100ml. “This news was devastating to me because I pride myself on being an athlete who always makes sure that everything is WADA safe. “I volunteered this information to the ITIA and have been as transparent as possible in trying to put this whole situation behind me. I look forward to being back on the court soon.” Thompson will begin his Brisbane International campaign against Italian Matteo Berrettini, with Kyrgios returning to the court against big-serving Frenchman Giovanni Mpetschi Perricard. Kyrgios has been out of the sport since suffering knee and wrist injuries at the 2022 US Open. Kyrgios has had wrist reconstruction and said while it was a success, he was unsure how the wrist would cope with tournament play. “I’m just not going to take anything for granted,” he said. “I’m going to go out there and play. It’s literally going to be a day-by-day symptomatic injury moving forward. “If I play a long match, jam it the right way, who knows how it’s going to pull up the next day. That’s the type of injury it is.” — with AFP More Coverage ‘Unacceptable’: Aussie greats trade TV sledges Fox Cricket ‘You’re kidding me’: Mad incident rocks BBL Originally published as ‘Disgusting’: Storm erupts over ‘joke’ ban handed to Aussie Tennis Don't miss out on the headlines from Tennis. Followed categories will be added to My News. More related stories Tennis Fit again Demon a scary sight for rivals The hip injury that ruined his Wimbledon dreams appears long gone after Alex de Minaur dominated his singles match, only for Australia to lose their United Cup tie to Argentina. Read more Tennis Kyrgios: Why I won’t be silenced about ‘disrespectful’ Sinner Nick Kyrgios has lit the fuse for an explosive return to tennis, taking aim at Jannik Sinner and declaring he will “not shut up” about the world No.1 dodging a ban after twice testing positive to a banned substance. Read more"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.

The internet made a stink over her ‘politics of smell’ PhD thesisATLANTA (AP) — President-elect Donald Trump is trying to get the Georgia election interference case against him dismissed, asserting that the state's courts will not have jurisdiction over him once he returns to the White House next month. The Georgia case against Trump and others is mostly on hold pending a pretrial appeal of an order allowing prosecutor Fani Willis to remain on the case despite what defense attorneys say is a conflict of interest. Trump's attorneys on Wednesday filed a notice with the Georgia Court of Appeals saying a sitting president is “completely immune from indictment or any criminal process, state or federal.” The filing asks the appeals court to consider before he becomes president next month whether it has jurisdiction to continue to hear the case. It says the court should conclude that it and the trial court lack jurisdiction “as the continued indictment and prosecution of President Trump by the State of Georgia are unconstitutional.” Trump's lawyers ask that the appeals court dismiss his appeal for lack of jurisdiction and instruct the trial court to immediately dismiss the indictment against him. Also Wednesday, former Trump campaign lawyer Kenneth Chesebro, who pleaded guilty to a conspiracy charge in the case, asked the trial court judge to invalidate that plea. Chesebro was one of four people to plead guilty in the case in the months following the indictment. Representatives for Fulton County District Attorney Fani Willis declined to comment on Trump's and Chesebro's requests. The Georgia case, which originally included 19 defendants and dozens of charges, was the most sprawling of four criminal cases against the once-and-future president. U.S. Department of Justice special counsel Jack Smith last week told judges he was withdrawing both federal cases against Trump, citing longstanding Justice Department policy that shields a president from indictment while in office. One of those cases charged him with hoarding classified documents at his Florida estate. The other accused him of scheming to overturn the 2020 presidential election he lost. Trump on Monday asked a Manhattan judge to throw out his conviction in his hush money case , saying that continuing to pursue it would present unconstitutional “disruptions to the institution of the Presidency.“ The New York case was the only one of Trump’s four criminal indictments to go to trial, resulting in a historic verdict that made him the first former president to be convicted of a crime. In the Georgia case, Trump and some of the other remaining defendants, who have pleaded not guilty, were already seeking to have Willis removed from the prosecution or to have the indictment dismissed. They cited a romantic relationship she had with Nathan Wade , a special prosecutor she appointed to lead the case. Willis and Wade have acknowledged that they had a relationship but have said it began after he was hired and ended before the indictment against Trump was filed. Trump and other defendants argued that the relationship created a conflict of interest that should disqualify Willis and her office from continuing with her prosecution of the case. Fulton County Superior Court Judge Scott McAfee ruled in March that Willis’ actions showed a “tremendous lapse in judgment,” but he did not find a conflict of interest that would disqualify Willis. He said she could continue her prosecution as long as Wade stepped aside, which he did. The appeal of that ruling remains pending but must be decided by March. Chesebro was charged in August 2023, alongside Trump and 17 others , in the sprawling indictment accusing them of participating in a wide-ranging scheme to overturn Trump's loss in the 2020 presidential election in Georgia. He pleaded guilty to a single conspiracy count a few months later after reaching a deal with prosecutors just before he was to go to trial. His lawyer on Wednesday asked Fulton County Superior Court Judge Scott McAfee to invalidate the plea after McAfee in September tossed out the charge to which he had pleaded guilty. “In Georgia, a defendant cannot plead guilty to a charge that does not constitute a crime,” defense attorney Manny Arora wrote, adding that a failure to invalidate his plea would violate Chesebro's constitutional right to due process. Prosecutors have said Chesebro was part of a plot to have a group of 16 Georgia Republicans sign a certificate falsely saying that Trump had won Georgia and declaring themselves the state’s “duly elected and qualified” electors. He pleaded guilty in October 2023 to one felony charge of conspiracy to commit filing false documents related to the the filing of that document with the federal court in Atlanta. In a September ruling, McAfee wrote that punishing someone for filing certain documents with a federal court would “enable a state to constrict the scope of materials assessed by a federal court and impair the administration of justice in that tribunal to police its own proceedings.” He concluded that the count must be quashed “as beyond the jurisdiction of this State.” Kate Brumback, The Associated Press

None

The Who legend Sir Roger Daltrey is adding to his £50m fortune by recording £400-a-time ‘happy birthday’ messages to fans. Rock legend Roger, 80, has joined a video-sharing platform in time for Xmas and devotees are scrambling to get shout-outs from the Mod god. He sings happy birthday to one fan while strumming a guitar in his home office and tells another: "I hear you are a big Who fan. I really, really appreciate it. Keep your chin up and get off your iPhone. Look up, not down - that’s where life is." So far he’s had 10 five-star reviews on the Cameo website after joining just over a week ago. Fans are told: "Whether it’s a milestone birthday, an anniversary, or a long-awaited reunion, make it unforgettable with a one-of-a-kind Cameo video from Roger Daltrey. You’ll have the chance to customize your request for Roger Daltrey, like asking them to mention inside jokes, share words of wisdom, or work in their signature catchphrases. "Don’t be afraid to get creative with your request, especially for celebrations like weddings, retirements, or bachelor and bachelorette parties that call for a good laugh. No matter the occasion, the video will be yours to keep - share the fun and relive the moment for years to come." It’s the latest side hustle for the star. He recently proved he’s a whizz with fizz after his fledgling beer brand was valued at one million quid. The My Generation and Pinball Wizard legend is making a tasty profit from his beer. Sir Roger runs the Lakedown Brewing Company and the firm’s annual accounts make happy reading for the icon. The outfit has cash in its coffers of more than £330,000 and it is worth close to £1m with other assets after two years of trading. The brewery is based at the star’s Lakedown trout fishery in East Sussex. The family-run, independent brewery was founded by the singer, his son Jamie and two sons-in-law, Christopher Rule and Des Murphy. The beer varieties that the brewery makes are all vegan with the Pilsner, English Pale, Pale Ale, and Best Bitter also gluten-free. "They have turned me into a beer drinking convert because their beers are so easy-drinking," said Roger Daltrey. "Lakedown has been a passion of mine since I designed it in the 1980s, as a rural sanctuary away from the mania of touring." The ales come in can, bottle, keg and cask. Come and join The Daily Star on , the social media site set up by ex-Twitter boss Jack Dorsey. It's now the new go-to place for content after a mass exodus of the Elon Musk-owned Twitter/X. Fear not, we're not leaving , but we are jumping on the bandwagon. So come find our new account on , and see us social better than the rest. You can also learn more about The Daily Star team in what Bluesky calls a . So what are you waiting for?! Let'sCelebrity pairings have always fascinated the public, fueling hopes for fairy-tale endings. Yet, reality often takes a different turn. This year began with Jericho Rosales and Kim Jones confirming the end of their 10-year marriage. Ricco Ocampo, the couple's close friend and godfather, revealed that their separation happened way back in 2019. Despite parting ways, the two have maintained a supportive and amicable relationship. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.

Making Money From Crowd Stampede – Palantir Becomes Largest Defense Contractor In Blink Of An Eye

BEIJING, Dec. 12, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) ("17EdTech” or the "Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Highlights 1 Mr. Andy Liu, Founder, Chairman and Chief Executive Officer of the Company commented, "In the third quarter of 2024, we have continued our business progress and have seen consistent growth in school subscribing to our teaching and learning SaaS offerings under subscription model. This is a strong testimony in the value of our offerings and creates a clear growth path into the future.” "We continue to evolve our teaching and learning SaaS solutions and expand customer base to improve efficiency through digital means, ensuring high-quality development and fostering growth in the school-based procurement,” he added. Mr. Michael Du, Director and Chief Financial Officer of the Company commented, "During the quarter, our teaching and learning SaaS business saw revenue growth compared to the same quarter last year. As we enhance operating efficiency, net loss on a GAAP basis continued to narrow for the past three consecutive quarters. As our SaaS billing model is maturing, we achieved significant progress with a remarkable growth rate that outpaces the overall revenue growth.” Third Quarter 2024 Unaudited Financial Results Net Revenues Net revenues for the third quarter of 2024 were RMB59.6 million (US$8.5 million), representing a year-over-year increase of 32.2% from RMB 45.1 million in the third quarter of 2023. This was mainly due to the increased number of teaching and learning SaaS contracts and the recurring revenue generated from on-going projects. Cost of Revenues Cost of revenues for the third quarter of 2024 was RMB23.3 million (US$3.3 million), representing a year-over-year increase of 12.5% from RMB20.7 million in the third quarter of 2023, which was mainly due to the increase in project deliveries for our teaching and learning SaaS offerings during the quarter. Gross Profit and Gross Margin Gross profit for the third quarter of 2024 was RMB36.3 million (US$5.2 million), compared with RMB24.4 million in the third quarter of 2023. Gross margin for the third quarter of 2024 was 60.9%, compared with 54.1% in the third quarter of 2023. Total Operating Expenses The following table sets forth a breakdown of operating expenses by amounts and percentages of revenue during the periods indicated (in thousands, except for percentages): Total operating expenses for the third quarter of 2024 were RMB58.0 million (US$8.3 million), including RMB11.7 million (US$1.7 million) of share-based compensation expenses, representing a year-over-year decrease of 43.7% from RMB103.1 million in the third quarter of 2023. Sales and marketing expenses for the third quarter of 2024 were RMB20.2 million (US$2.9 million), including RMB1.9 million (US$0.3 million) of share-based compensation expenses, representing a year-over-year decrease of 27.6% from RMB27.9 million in the third quarter of 2023. This was mainly due to the decrease in the share-based compensation and efficiency improvements in marketing and sales work force and expenses compared with the same period last year. Research and development expenses for the third quarter of 2024 were RMB12.8 million (US$1.8 million), including RMB3.5 million (US$0.5 million) of share-based compensation expenses, representing a year-over-year decrease of 72.2% from RMB45.9 million in the third quarter of 2023. The decrease was primarily due to the decrease in the share-based compensation and efficiency improvements in our research and development work force and expenses. General and administrative expenses for the third quarter of 2024 were RMB25.0 million (US$3.6 million), including RMB6.4 million (US$0.9 million) of share-based compensation expenses, compared with RMB29.2 million in the third quarter of 2023. This was mainly due to the decrease in the office and professional service fees compared with the same period last year. Loss from Operations Loss from operations for the third quarter of 2024 was RMB21.6 million (US$3.1 million), compared with RMB78.7 million in the third quarter of 2023. Loss from operations as a percentage of net revenues for the third quarter of 2024 was negative 36.3%, compared with negative 174.4% in the third quarter of 2023. Net Loss Net loss for the third quarter of 2024 was RMB17.4 million (US$2.5 million), compared with net loss of RMB72.9 million in the third quarter of 2023. Net loss as a percentage of net revenues was negative 29.2% in the third quarter of 2024, compared with negative 161.6% in the third quarter of 2023. Adjusted Net Loss (non-GAAP) Adjusted net loss (non-GAAP) for the third quarter of 2024 was RMB5.7 million (US$0.8 million), compared with adjusted net loss (non-GAAP) of RMB53.7 million in the third quarter of 2023. Adjusted net loss (non-GAAP) as a percentage of net revenues was negative 9.5% in the third quarter of 2024, compared with negative 119.1% of adjusted net loss (non-GAAP) as a percentage of net revenues in the third quarter of 2023. Please refer to the table captioned "Reconciliations of non-GAAP measures to the most comparable GAAP measures” at the end of this press release for a reconciliation of net loss under U.S. GAAP to adjusted net loss (non-GAAP). Cash and Cash Equivalents and Term Deposit Cash and cash equivalents and term deposit were RMB339.7 million (US$48.4 million) as of September 30, 2024, compared with RMB476.7 million as of December 31, 2023. Conference Call Information The Company will hold a conference call on Wednesday, December 11, 2024 at 8:00 p.m. U.S. Eastern Time (Thursday, December 12, 2024 at 9:00 a.m. Beijing time) to discuss the financial results for the third quarter of 2024. Please note that all participants will need to preregister for the conference call participation by navigating to https://register.vevent.com/register/BIcb0cb8cc902d426b9cbd52d075f15685 . Upon registration, you will receive an email containing participant dial-in numbers, and PIN number. To join the conference call, please dial the number you receive, enter the PIN number, and you will be joined to the conference call instantly. Additionally, a live and archived webcast of this conference call will be available at https://ir.17zuoye.com/ . Non-GAAP Financial Measures 17EdTech's management uses adjusted net income (loss) as a non-GAAP financial measure to gain an understanding of 17EdTech's comparative operating performance and future prospects. Adjusted net income (loss) represents net loss excluding share-based compensation expenses and such adjustment has no impact on income tax. Adjusted net income (loss) is used by 17EdTech's management in their financial and operating decision-making as a non-GAAP financial measure; because management believes it reflects 17EdTech's ongoing business and operating performance in a manner that allows meaningful period-to-period comparisons. 17EdTech's management believes that such non-GAAP measure provides useful information to investors and others in understanding and evaluating 17EdTech's operating performance in the same manner as management does, if they so choose. Specifically, 17EdTech believes the non-GAAP measure provides useful information to both management and investors by excluding certain charges that the Company believes are not indicative of its core operating results. The non-GAAP financial measure has limitations. It does not include all items of income and expense that affect 17EdTech's income from operations. Specifically, the non-GAAP financial measure is not prepared in accordance with GAAP, may not be comparable to non-GAAP financial measures used by other companies and, with respect to the non-GAAP financial measure that excludes certain items under GAAP, does not reflect any benefit that such items may confer to 17EdTech. Management compensates for these limitations by also considering 17EdTech's financial results as determined in accordance with GAAP. The presentation of this additional information is not meant to be considered superior to, in isolation from or as a substitute for results prepared in accordance with US GAAP. Exchange Rate Information The Company's business is primarily conducted in China and all of the revenues are denominated in Renminbi ("RMB”). However, periodic reports made to shareholders will include current period amounts translated into U.S. dollars ("USD” or "US$”) using the exchange rate as of balance sheet date, for the convenience of the readers. Translations of balances in the consolidated balance sheets and the related consolidated statements of operations, comprehensive loss, change in shareholders' deficit and cash flows from RMB into USD as of and for the three months ended September 30, 2024 are solely for the convenience of the readers and were calculated at the rate of US$1.00=RMB7.0176 representing the noon buying rate set forth in the H.10 statistical release of the U.S. Federal Reserve Board on September 30, 2024. No representation is made that the RMB amounts could have been, or could be, converted, realized or settled into US$ at that rate on September 30, 2024, or at any other rate. About 17 Education & Technology Group Inc. 17 Education & Technology Group Inc. is a leading education technology company in China, offering smart in-school classroom solution that delivers data-driven teaching, learning and assessment products to teachers, students and parents. Leveraging its extensive knowledge and expertise obtained from in-school business over the past decade, the Company provides teaching and learning SaaS offerings to facilitate the digital transformation and upgrade at Chinese schools, with a focus on improving the efficiency and effectiveness of core teaching and learning scenarios such as homework assignments and in-class teaching. The product utilizes the Company's technology and data insights to provide personalized and targeted learning and exercise content that is aimed at improving students' learning efficiency. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will,” "expects,” "anticipates,” "future,” "intends,” "plans,” "believes,” "estimates” and similar statements. Statements that are not historical facts, including statements about 17EdTech's beliefs and expectations, are forward-looking statements. 17EdTech may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. 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: 17EdTech's growth strategies; its future business development, financial condition and results of operations; its ability to continue to attract and retain users; its ability to carry out its business and organization transformation, its ability to implement and grow its new business initiatives; the trends in, and size of, China's online education market; competition in and relevant government policies and regulations relating to China's online education market; its expectations regarding demand for, and market acceptance of, its products and services; its expectations regarding its relationships with business partners; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in 17EdTech's filings with the SEC. All information provided in this press release is as of the date of this press release, and 17EdTech does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: 17 Education & Technology Group Inc. Ms. Lara Zhao Investor Relations Manager E-mail: [email protected] December 31, December 31,