RYB Education, Inc. provides early childhood education service in the People's Republic of China. The company offers kindergarten services to 2-6-year-old children; and play-and-learn centers services for the joint participation of 0-6-year-old children and their adult family members to promote children's development, foster bonding with family, and prepare them for their entry into kindergartens and primary schools. It also develops and sells educational products and services, such as teaching aids, educational toys, at-home educational products, and school uniforms through franchisees and other business partners, as well as directly to a market of families. As of December 31, 2020, it operated 98 directly operated and 246 franchise kindergartens; and 5 play-and-learn centers. The company was formerly known as Top Margin Limited and changed its name to RYB Education, Inc. in June 2017. RYB Education, Inc. was founded in 1998 and is based in Beijing, China.
IPO Year: 2017
Exchange: NYSE
Website: rybbaby.com
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BEIJING, May 13, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced that it has changed its name "RYB Education, Inc." to "Gravitas Education Holdings, Inc." with the approval by its shareholders at the extraordinary general meeting held on March 13, 2022. The American Depositary Shares, each representing one Class A ordinary share of the Company, par value US$0.001 per share, of the Company, are expected to begin trading under the new corporate name on or about May 24, 2022. The Company's ticker will change from "RYB" to "GEHI" on or about May 24, 2022. About RYB Education, Inc. Founded
BEIJING, May 12, 2022 /PRNewswire/ -- RYB Education, Inc. (the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission on May 11, 2022. The annual report is available on the Company's investor relations website at http://ir.rybbaby.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to [email protected]. About RYB Education, Inc. Founded on the core values of
BEIJING, May 11, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Operational and Financial Summary Number of students enrolled at directly operated facilities was 33,890 as of December 31, 2021, compared with 34,011 as of December 31, 2020.Net revenues increased by 0.7% to $47.4 million, compared with $47.1 million for the fourth quarter of 2020.Gross profit decreased by 14.9% to $10.2 million, compared with $11.9 million for the fourth quarter of 2020.Net income attribut
BEIJING, April 20, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced that, it has received a letter from the New York Stock Exchange (the "NYSE") dated April 19, 2022, notifying RYB that it is below compliance criteria in connection with the performance of trading price of RYB's American depositary shares (the "ADSs"). Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance criteria if the average closing price of a security as reported on the consolidated tape is less than US$1.00 over a consecutive 30 trading-day period. Following receipt of the notification
BEIJING, March 3, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB) announces that its subsidiaries have entered into termination agreements with certain variable interest entities, a decision made after careful consideration of the regulatory landscape and the Company's development needs. By entering into those termination agreements, RYB will no longer have contractual control over its directly operated kindergarten business (the "Divesture"). The Divesture aims to fully address compliance requirements with regard to relevant laws and regulations (including the Opinions of the State Council on Deepening Reform and Standardized Development of Preschool Education,
BEIJING, March 3, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 4/F, No. 28 Building, Fangguyuan Section 1, Fangzhuang Fengtai District, Beijing 100078, People's Republic of China, at 10:00 am (Beijing Time) on May 13, 2022. The purpose of the EGM is for the Company's shareholders to consider, and if thought fit, approve the change of the Company's legal name from "RYB Education, Inc." to "Gravitas Education Holdings, Inc." The proposed name change will not affect any rights of shareholders or the Com
BEIJING, Dec. 12, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the third quarter of 2021. Third Quarter 2021 Operational and Financial Summary Number of students enrolled at directly operated facilities was 36,513 as of September 30, 2021, compared with 33,760 as of September 30, 2020. Net revenues were $42.8 million, compared with $32.6 million for the third quarter of 2020. Gross profit was $3.1 million, compared with $2.0 million for the third quarter of 2020. Net loss attributable to ordinary shareholders of RYB for the third quarter of 2021
BEIJING, Dec. 12, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced that, effective as of December 10, 2021, the Company engaged Friedman LLP ("Friedman") as the Company's independent registered public accounting firm, to replace KPMG Huazhen LLP ("KPMG"). The change of the Company's independent registered public accounting firm was approved by the audit committee of the board of directors of the Company on December 10, 2021. Friedman is engaged to audit and report on the consolidated financial statements of the Company as of and for the year ending December 31, 2021. During the Company
BEIJING, Nov. 9, 2021 /PRNewswire/ -- RYB Education, Inc. (NYSE:RYB) ("RYB" or the "Company"), a leading early childhood education service provider in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 4/F, No. 28 Building, Fangguyuan Section 1, Fangzhuang, Fengtai District, Beijing, People's Republic of China on December 10, 2021 at 10:00 a.m. (Beijing time). No proposal will be submitted to shareholders for approval at the AGM. Instead, the AGM will serve as an open forum for shareholders and holders of the Company's American depositary shares ("ADSs") to discuss Company affairs with management. The Board of Directors of the Company has fixed
BEIJING, Sept. 17, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the second quarter of 2021. Second Quarter 2021 Operational and Financial Summary Number of students enrolled at directly operated facilities was 37,166 as of June 30, 2021, compared with 31,023[1] as of June 30, 2020. Net revenues were $53.4 million, compared with $12.8 million for the second quarter of 2020. Gross profit was $14.5 million, compared with gross loss of $9.5 million for the second quarter of 2020. Net income attributable to ordinary shareholders of RYB for the second
6-K - Gravitas Education Holdings, Inc. (0001708441) (Filer)
6-K - Gravitas Education Holdings, Inc. (0001708441) (Filer)
F-6 POS - Gravitas Education Holdings, Inc. (0001708441) (Subject)
6-K - Gravitas Education Holdings, Inc. (0001708441) (Filer)
424B3 - RYB Education, Inc. (0001708441) (Filer)
6-K - RYB Education, Inc. (0001708441) (Filer)
6-K - RYB Education, Inc. (0001708441) (Filer)
20-F - RYB Education, Inc. (0001708441) (Filer)
NT 20-F - RYB Education, Inc. (0001708441) (Filer)
6-K - RYB Education, Inc. (0001708441) (Filer)
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BEIJING, Sept. 17, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE:RYB), a leading early childhood education service provider in China, today announced the resignation of Mr. Chimin Cao as the chairman of the board of directors (the "Board") of the Company and the re-designation of him as the honorary chairman of the Board, the resignation of Mr. Cen Shi as a director of the Board and the re-designation of him as an observer of the Board, and the appointment of the Mr. Gang Chen as the chairman of the Board, effective September 17, 2021. Mr. Cao will remain as a director of the Board. Mr. Cao and Mr. Shi resigned from their current positions for personal reasons and n
BEIJING, Dec. 24, 2020 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced the appointment of a new director to its board of directors (the "Board"), Mr. Cen Shi, effective December 31, 2020. The Company also announced the resignation of Mr. Liang Meng from his positions as a director of the Company, effective December 31, 2020. Mr. Meng resigned for personal reasons and not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Shi is a partner of Ascendent Capital Partners, a China-based private equity firm. Prior to joini
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SC 13G/A - RYB Education, Inc. (0001708441) (Subject)
SC 13G/A - RYB Education, Inc. (0001708441) (Subject)
SC 13G/A - RYB Education, Inc. (0001708441) (Subject)
SC 13G/A - RYB Education, Inc. (0001708441) (Subject)