 NEW YORK, March 18, 2021 PRNewswire -- China Distance Education Holdings Limited NYSE: DL the Company, a leading provider of online education and value-added services for professionals and corporate clients in China, today announced the completion of its merger the Merger with China Distance Learning Investments Limited Merger Sub, a wholly-owned subsidiary of Champion Distance Education Investments Limited Parent, pursuant to the agreement and plan of merger the Merger Agreement, dated as of December 1, 2020, by and among the Company, Parent and Merger Sub. As a result of the Merger, the Company ceased to be a publicly-traded company and became a wholly-owned subsidiary of Parent. 