Shares of ChinaEdu Corp. (CEDU: News ), an educational services provider in China, have registered a decent gain for the year-to-date period -- appreciating nearly 43% and currently trade around $7. At the 2009 ROTH China Conference to be held between October 12 and 14 at the Fontainebleau Miami Beach in Florida, Shawn Ding, President and COO of ChinaEdu will make a presentation on Tuesday, October 13th.

For readers who are new to ChinaEdu, here is a brief overview of the company. Established in 1999, ChinaEdu Corp. is a provider of online degree programs of Chinese Universities. The company also offers recruiting and technology support services to the Universities, online interactive tutoring services and international curriculum programs. The company also operates private primary and secondary schools.

ChinaEdu listed its American Depositary Shares on the Nasdaq Global Market on December 11, 2007, pricing its IPO at $10 per ADS, raising $68.2 million. The company generates revenue from service fees and tuition payments derived from students who are enrolled in, or served by, its businesses.

As of June 30, 2009, the company had strategic relationships with 24 universities throughout China, 13 of which are under long-term, exclusive contracts with an additional four awaiting approval from Ministry of Education. The term of the contracts varies from 10 years to 50 years.

On July 22, ChinaEdu inked an agreement to provide exclusive technology and support services to Jiangsu University's adult education college. Jiangsu University has applied for approval to provide online degree education by the Ministry of Education in China. Currently ChinaEdu will be providing Jiangsu University with exclusive technology and support services for the next six years and once online degree approval is granted, the company's services will further be extended.

The agreement with Jiangsu University calls for a minimal amount of a technology service fee to be earned by ChinaEdu at the current stage and post approval, the company will receive approximately 8% of total growth tuition revenue for its service fees.

ChinaEdu also recently signed a 20-year collaborative alliance agreement with Fujian Radio and TV University in Fujian province. Under the agreement, the company holds a 51% equity interest and will provide the development and delivery of online education services to Fujian's K-12 (Kindergarten through grade 12) and adult students.

According to the company, online degree programs contribute to over 80% of its total revenue, followed by international curriculum program's 7%, private school's 7% and online school program's 5%.

Source: rttnews.com