Wah Fu Education Group Limited, through its subsidiaries, provides online exam preparation services and related technology solutions in the People's Republic of China. The company operates through two segments, Online Education Services; and Technological Development and Operation Services. The Online Education Services segment offers online education platforms to institutions, such as universities and training institutions, and online course development service companies. This segment provides self-study examination, continuing education, and non-diploma training platforms that allow students to enroll in courses for college credit; vocational education 1+X and higher vocational enrollment expansion teaching and educational administration platform; Huafu e-school system and paperless examination platform; and online training and examination preparation services directly to students. The Technological Development and Operation Services segment develops and maintains online education platforms and online courses for its clients, including universities and government agencies, as well as private clients, such as publishers; and provides consulting, maintenance, and updating services related to online education programs. Wah Fu Education Group Limited was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2019
Exchange: NASDAQ
Website: edu-edu.com
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BEIJING, March 07, 2025 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2024. Financial Highlights for the Six Months Ended September 30, 2024 For the Six Months EndedSeptember 30, ($'000, except per share data) 2024 2023 % Change Revenue $2,799 $3,648 (23.3)%Gross profit $1,572 $2,063 (23.8)%Gross margin 56.1% 56.6% (0.5)pp(Loss) income from operations $(571) $273 (309.5)%Operating
BEIJING, China, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, announced that it planned to fully access a domestic large language model - DeepSeek, and to officially enter a new era of strategic AI-based education transformation through by intelligently upgrading the curriculum system. AI-driven Product Innovation: Optimization of Short-term Tactics Answer questions accurately and intelligently to improve learning efficiency. Wah Fu has introduced DeepSeek into i
Beijing, China, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Ltd. (NASDAQ: WAFU, the "Company") today announced that it will hold its Annual General Meeting ("AGM"), which will be held at L207b, Hesheng Fortune Plaza, No.13 Deshengmenwai Street Xicheng District, Beijing, China 100088, at 10:30 AM, Beijing Time, on January 10, 2025. Holders of record of the Company's ordinary shares of par value US $0.01 each on the close of business on December 12, 2024, Eastern Standard Time (the "Record Date") or their proxy holders are entitled to vote at the AGM or any adjournment or postponements thereof. Each holder of ordinary shares has one (1) vote for each ordinary share held as of t
Beijing, China, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Ltd. (NASDAQ:WAFU, the "Company"), the "Company") today announced corrections to its press release sent out on December 2, 2024. Holders of record of the Company's ordinary shares of par value US $0.01 each on the close of business on November 21, 2024, Eastern Standard Time (the "Record Date") or their proxy holders are entitled to vote at the AGM or any adjournment or postponements thereof. Each holder of ordinary shares has one (1) vote for each ordinary share held as of the close of business on the Record Date. Under the existing memorandum and articles of association of the Company, a resolution of shareholder
Beijing, China, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Ltd. (NASDAQ: WAFU, the "Company") today announced that it will hold its Annual General Meeting ("AGM"), which will be held at L207b, Hesheng Fortune Plaza, No.13 Deshengmenwai Street Xicheng District, Beijing, China 100088, at 10:30 AM, Beijing Time, on December 20, 2024. Holders of record of the Company's ordinary shares of par value US $0.01 each on the close of business on November 21, 2024, Eastern Standard Time (the "Record Date") or their proxy holders are entitled to vote at the AGM or any adjournment or postponements thereof. Each holder of ordinary shares has one (1) vote for each ordinary share held as of
BEIJING, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, announcing its entry into the fields of educational AI and informatization. Recently, Wah Fu's subsidiary, Beijing Huaxia Dadi Distance Learning Services Co., Ltd, reached business agreements with four higher vocational colleges, namely Xi'an Railway Vocational & Technical Institute, Guizhou Education University, University of Jinan and Chengdu Technological University. With its years of experience
BEIJING, China, July 24, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, announcing its entry into the fields of educational AI and informatization. Recently, Wah Fu's subsidiary, Beijing Huaxia Dadi Distance Learning Services Co., Ltd established a wholly-owned subsidiary to venture into cutting-edge fields such as smart education, smart psychology, and digital learning, leveraging its reserve of patented technologies and AI research and development team, and explore new mod
BEIJING, April 01, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2023. Financial Highlights for the Six Months Ended September 30, 2023 For the Six Months EndedSeptember 30, ($'000, except per share data) 2023 2022 % Change Revenue $3,648 $5,453 (33.1)%Gross profit $2,063 $2,788 (26.0)%Gross margin 56.6% 51.1% (5.4)ppIncome (loss) from operations $273 $1,117 (75.6)%Operating pro
BEIJING, China, May 01, 2023 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced that it entered into an agreement with Nanjing Agricultural University' School of Continuing Education to co-operate on the launch of a "comprehensive evaluation system of online education" for self-taught examinations. In the future, the two parties will work together to reshape the education for self-taught examinations. Wah Fu will be responsible for the development, techni
BEIJING, March 30, 2023 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2022. Financial Highlights for the Six Months Ended September 30, 2022 For the Six Months EndedSeptember 30, ($'000, except per share data) 2022 2021 % Change Revenue $5,453 $5,805 (6.1)%Gross profit $2,788 $3,406 (18.1)%Gross margin 51.1% 58.7% (7.6)ppIncome (loss) from operations $1,117 $688 62.4%Operating pr
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BEIJING, March 07, 2025 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2024. Financial Highlights for the Six Months Ended September 30, 2024 For the Six Months EndedSeptember 30, ($'000, except per share data) 2024 2023 % Change Revenue $2,799 $3,648 (23.3)%Gross profit $1,572 $2,063 (23.8)%Gross margin 56.1% 56.6% (0.5)pp(Loss) income from operations $(571) $273 (309.5)%Operating
BEIJING, March 30, 2023 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited ("Wah Fu" or the "Company") (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2022. Financial Highlights for the Six Months Ended September 30, 2022 For the Six Months EndedSeptember 30, ($'000, except per share data) 2022 2021 % Change Revenue $5,453 $5,805 (6.1)%Gross profit $2,788 $3,406 (18.1)%Gross margin 51.1% 58.7% (7.6)ppIncome (loss) from operations $1,117 $688 62.4%Operating pr