 China Distance Education Holdings Limited NYSE: DL CDEL, or the Company, a leading provider of online education and value-added services for professionals and corporate clients in China, today announced that the special committee the Special Committee of the board of directors of the Company the Board formed to review and evaluate the previously-announced non-binding going private proposal the Proposal that the Board received on June 8, 2020 from Mr. Zhengdong Zhu, the Companys chairman of the Board and chief executive officer; Ms. Baohong Yin, the Companys deputy chairman of the Board and the spouse of Mr. Zhu; and their affiliated entity collectively, the Buyer Group has retained Duff Phelps, LLC as the Special Committees financial advisor in connection with its review and evaluation of the Proposal. 