| ChinaCast Education Corporation, together with its subsidiaries, provides post-secondary education and e-learning services in China. The company operates in two segments, E-learning and Training Service Group, and Traditional University Group. The E-learning and Training Service Group offers post secondary education distance learning services that enable universities and other higher learning institutions to provide nationwide real-time distance learning services. Its turn-key packages include the hardware, software, and broadband satellite network services that allow university students located at remote classrooms around the country to interactively participate in live lectures broadcast from a main campus. This segment also offers K-12 educational services, such as broadcast multimedia educational content services to primary, middle, and high schools; and vocational/career training services to recent graduates, employees of state-owned enterprises, and corporate employees. The Traditional University Group segment operates private residential universities that offer four-year bachelor's degree and three-year diploma programs in finance, economics, trade, tourism, advertising, IT, music, foreign languages, tourism, hospitality, computer engineering, law, and art fields. The company also provides education consulting services. ChinaCast Education Corporation offers its products and services through direct sales force, distributors, resellers, Internet marketing, and joint marketing with strategic allies. The company was founded in 1999 and is headquartered in Central, Hong Kong. |
