 China Customer Relations Centers, Inc. NASDAQ: CCRC CCRC or the Company, a leading call center business process outsourcing BPO service provider in China, today announced that the Companys board of directors the Board received a letter dated May 25, 2020 from Guangzhou Cornerstone Asset Management Co., Ltd. Cornerstone, a company incorporated under the laws of the PRC, withdrawing, with immediate effect, the preliminary non-binding going private proposal that Cornerstone, along with Mr. Zhili Wang, Chairman and Chief Executive Officer of CCRC Mr. Wang, together with Cornerstone, the Consortium, submitted to the Board on November 10, 2018. Subsequently, on May 29, 2020, the Board received a letter from Mr. Wang confirming his withdrawal. 