Puxin Limited, together with its subsidiaries, provides K-12 and study-abroad tutoring services in the People's Republic of China. Its K-12 tutoring services offer result-oriented educational services in various forms, such as classroom-based after-school tutoring, full-time tutoring for preparation of university entrance exams, and art college admission exams, as well as online courses in a large-class setting to help students enhance their academic results through group class and personalized tutoring courses; full-time tutoring services to high school students preparing for university entrance exams and art college admission exams; after-school tutoring services in group class settings and through personalized sessions; personalized K-12 tutoring courses to adapt to each student's learning pace, pattern, and approach; and extracurricular courses, such as painting, calligraphy, and science. The company's study-abroad tutoring services helps students to prepare for admission tests and applications for high schools, universities, and graduate programs primarily in English-speaking countries through study-abroad test preparation courses and study-abroad consulting services. It also provides web-based platforms and mobile apps for K-12 tutoring services; and cloud-based products and services for K-12 tutoring and study-abroad tutoring services. As of December 31, 2020, it operated 407 learning centers, which include 328 K-12 and 79 study-abroad learning centers. The company offers its products under the Puxin, Puxin-Lingxian, Puxin-YESSAT, Puxin-Fubusi, and ZMN Education brands, as well as operates franchised schools under the Global Education brand. Puxin Limited was founded in 2014 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2018
Exchange: NYSE
Website: pxjy.com
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6-K - Puxin Ltd (0001726189) (Filer)
6-K - Puxin Ltd (0001726189) (Filer)
6-K - Puxin Ltd (0001726189) (Filer)
6-K - Puxin Ltd (0001726189) (Filer)
F-6 POS - Puxin Ltd (0001726189) (Subject)
6-K - Puxin Ltd (0001726189) (Filer)
6-K - Puxin Ltd (0001726189) (Filer)
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BEIJING, April 28, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that the Company has appointed Mr. Liang Zeng as an independent director to the Company's board of directors (the "Board"), effective April 28, 2022. Mr. Liang Zeng will also serve as a member on the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board. Mr. Zeng is a well-known Internet entrepreneur and angel investor. He has extensive experience in strategic planning, business development and operation management in industries such as digital marketing, mobile Internet and artificial i
BEIJING, March 7, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that the Company appointed Marcum Bernstein & Pinchuk LLP ("MBP") as the Company's independent registered public accounting firm for its fiscal year ended December 31, 2021. At the same time, the Company and Deloitte Touche Tohmatsu Certified Public Accountants LLP ("Deloitte") have mutually agreed to terminate Deloitte's appointment as the Company's independent registered public accounting firm, effective immediately. The Company's decision to replace Deloitte with MBP was approved by the Audit Committee of the Company. Deloitte was pr
BEIJING, Feb. 21, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that based on a notification letter it received on February 18, 2022 from the New York Stock Exchange ("NYSE"), the Company has regained compliance with the NYSE's continued listing standard for share prices. On August 18, 2021, the Company was notified by the New York Stock Exchange ("NYSE") of its noncompliance with the NYSE's continued listing standards because the average closing price of its American depositary shares had fallen below $1.00 over a period of 30 consecutive trading days. In order to regain compliance with the minimum
BEIJING, Feb. 4, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that it is evaluating opportunities to expand its existing business by entering into the fast-food chain restaurants business in China. The Company possesses a strong integration capability and expects that its Puxin Business System, which covers 3,000 management modules, would allow it to optimize the operating system and business performance of existing restaurants. The Company also expects that its involvement will support the restaurants to improve customers traffic by opening new locations around or inside the Company's schools. No
BEIJING, Jan. 27, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), today announced that it will change the effective date of its change to the ratio of its American depositary shares ("ADSs"). On January 21, 2022, Puxin announced that it intended to change the ratio of its ADSs representing ordinary shares from one (1) ADS representing two (2) ordinary shares to one (1) ADS representing twenty (20) ordinary shares effective on or about February 1, 2022. In light of current market conditions, Puxin will instead change the ratio of its ADSs effective January 31, 2022. For Puxin's ADS holders, the change in the ADS ratio will have the same effect as a one-for-ten revers
BEIJING, Jan. 21, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), today announced that it will change the ratio of its American depositary shares ("ADSs") representing its ordinary shares from one (1) ADS representing two (2) ordinary shares to one (1) ADS representing twenty (20) ordinary shares. For Puxin's ADS holders, the change in the ADS ratio will have the same effect as a one-for-ten reverse ADS split. There will be no change to the Company's underlying ordinary shares, and no ordinary shares will be issued or cancelled in connection with the change in ADS ratio. The Company will file a post-effective amendment to its registration statement on Form F-6 with
BEIJING, Dec. 29, 2021 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Highlights for the Second Quarter Ended June 30, 2021 Net revenues were RMB674.1 million (US$104.4 million), an increase of 12.2% from RMB601.1 million in the second quarter of 2020. Operating loss was RMB1,362.0 million (US$211.0 million), compared to RMB29.9 million in the second quarter of 2020. Net loss attributable to Puxin Limited was RMB1,378.0 million (US$213.4 million), compared to net income attributable to Puxin Limited of RMB36.6 million in the same
BEIJING, Dec. 24, 2021 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today provided business updates following the recent regulatory developments relating to after-school tutoring services, including the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education, published in July 2021 by the General Office of the CPC Central Committee and the General Office of the State Council (the "Opinion") and the related implementation rules, regulations and measures promulgated by competent authorities. In compliance with the Opinion and applicable rules, regulations and
BEIJING, Dec. 22, 2021 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2021, before U.S. markets open on December 29, 2021. About Puxin Limited Puxin Limited (NYSE:NEW) ("Puxin" or the "Company") is a private educational services provider in China. Puxin has a strong acquisition and integration expertise to effectively improve education quality and operational performance of acquired schools. Puxin offers quality educational services to students, and has developed online and mobile applications to enhance students' learning exp
BEIJING, Nov. 24, 2021 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a consolidator of private educational services in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at Floor 5, Dingjun Building, No. 75 Suzhou Street, Haidian District, Beijing, People's Republic of China on December 20, 2021 at 9:00 a.m. – 11:00 a.m. (Beijing Time). No proposal will be submitted for shareholder approval at the AGM. Instead, the AGM will serve as an open forum for shareholders and beneficial owners of the Company's American Depositary Shares ("ADSs") to discuss Company affairs with management. The record date (the "Record Date") for deter
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BEIJING, Dec. 22, 2021 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2021, before U.S. markets open on December 29, 2021. About Puxin Limited Puxin Limited (NYSE:NEW) ("Puxin" or the "Company") is a private educational services provider in China. Puxin has a strong acquisition and integration expertise to effectively improve education quality and operational performance of acquired schools. Puxin offers quality educational services to students, and has developed online and mobile applications to enhance students' learning exp
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