Baijiayun was honored with the title of "Exclusive Member Unit" by the Beijing Educational Informationization Industry Alliance.

Rhea-AI Summary

Baijiayun Group (NASDAQ: RTC), an AI video solution provider, has been awarded the title of 'Exclusive Member Unit' by the Beijing Educational Informationization Industry Alliance. The recognition came during the First Council of the Artificial Intelligence Education Professional Committee and the 2024 Symposium on AI Empowering Innovative Development of Primary and Secondary Schools. The event, held at the Affiliated Experimental School of Beijing Institute of Technology, gathered approximately 200 education experts and professionals from various regions.

Baijiayun plans to collaborate with the Alliance to advance educational informationization research and technology across China, focusing on cross-disciplinary cooperation and the development of educational platforms for industrial resource integration, application services, and technology transformation.

Positive

• Recognition as 'Exclusive Member Unit' in Beijing's educational technology sector
• Strategic partnership with Beijing Educational Informationization Industry Alliance
• Expansion opportunity in China's educational technology market

Negative

• None.

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BEIJING, Dec. 14, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced it was honored with the title of "Exclusive Member Unit".

In recent days, the First Council of the Artificial Intelligence Education Professional Committee of the Beijing Educational Informationization Industry Alliance and the 2024 Symposium on Artificial Intelligence Empowering the Innovative Development of Primary and Secondary Schools were successfully held at the Affiliated Experimental School of Beijing Institute of Technology. Nearly 200 renowned experts, leaders of education bureaus, principals of primary and secondary schools, front-line educators, and representatives of artificial intelligence technical support units from Beijing, Tianjin, Hebei, Liaoning and other places attended the conference.

This conference was hosted by the Beijing Educational Informationization Industry Alliance, Baijiayun was also invited to participate in the conference and, together with many well-known enterprises in the industry, and won the honor of "Exclusive Member Unit" of the Beijing Educational Informationization Industry Alliance.

In the future, Baijiayun will work with the Beijing Educational Informationization Industry Alliance to continue to carry out research and promotion on educational informationization industry technologies across China, promote in-depth cooperation across disciplines, departments, and industries, jointly build an educational informationization development platform, create an industrial resource integration platform, an application service platform, and a technology transformation platform, share the fruits of development, give play to the supporting and leading role of educational informationization in educational modernization, and further promote the innovative development of the national education cause.

About Baijiayun Group Ltd 

Baijiayun is a one-stop AI video solution provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering reliable, high-quality video experiences across devices and localities and has grown rapidly since its inception in 2017. Premised on its industry-leading video-centric technologies, Baijiayun offers a wealth of video-centric technology solutions, including Video SaaS/PaaS, Video Cloud and Software, and Video AI and System Solutions. Baijiayun caters to the evolving communications and collaboration needs of enterprises of all sizes and industries. For more information, please visit ir.baijiayun.com.

Safe Harbor Statement

This press release contains certain "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," and "plan" and similar expressions indicate forward-looking statements.

Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company's estimates to change.

The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

For investor and media enquiries, please contact:

Company Contact:
Ms. Fangfei Liu 
Chief Financial Officer, Baijiayun Group Ltd
Phone: +86 25 8222 1596
Email: ir@baijiayun.com 

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SOURCE Baijiayun Group Ltd

FAQ

What recognition did Baijiayun (RTC) receive from the Beijing Educational Informationization Industry Alliance?

Baijiayun (RTC) received the title of 'Exclusive Member Unit' from the Beijing Educational Informationization Industry Alliance during their 2024 symposium.

What are Baijiayun's (RTC) plans for educational technology development in China?

Baijiayun plans to conduct educational informationization research, promote cross-disciplinary cooperation, and develop platforms for industrial resource integration, application services, and technology transformation.

Where was the 2024 AI Education Symposium held where Baijiayun (RTC) was recognized?

The symposium was held at the Affiliated Experimental School of Beijing Institute of Technology.

How many attendees were present at the 2024 symposium where Baijiayun (RTC) was honored?

Nearly 200 experts, education bureau leaders, school principals, educators, and AI technical support representatives from Beijing, Tianjin, Hebei, Liaoning, and other regions attended the conference.