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Can renaming "Jingda" solve the listing dilemma? The problem of cash flow of IPO in Jingda education is prominent.
In recent years, China's private higher education industry has developed rapidly. According to the Frost Sullivan report, the total income of China's private higher education industry has increased from 92.5 billion yuan in 2015 to 135.6 billion yuan in 2019, with a compound annual growth rate of 10%.
東方財富網Sep 16, 2021 15:18
Is the atypical education unit here? Private University "Jingda Education" touches China University of Science and Technology in Hong Kong by the name of China University of Science and Technology | IPO
On August 2, China Jingda Education Group Holdings Co., Ltd. (hereinafter referred to as Jingda Education) from Guangzhou, Guangdong Province submitted a prospectus to the Stock Exchange and applied for listing on the main board of Hong Kong stocks. Macquarie is the exclusive sponsor of the company. It is reported that Jingda Education applied for listing on the main board of the Hong Kong Stock Exchange on January 26 this year under the name of China University of Science and Technology Education Group Co., Ltd. Later, the University of Science and Technology of China stated that Guangzhou University of Science and Technology and "China University of Science and Technology Education Group Co., Ltd." did not have any factual or legal connection with China University of Science and Technology. The school has never authorized "China University of Science and Technology Education Group Co., Ltd." to use the word "China University of Science and Technology".
華爾街見聞Aug 10, 2021 21:40
China Jingda Education Group Holdings Co., Ltd. submitted an application for listing to the HKEx, according to HKEx documents.
China Jingda Education Group Holdings Co., Ltd. submitted an application for listing to the HKEx, according to HKEx documents.
新浪財經Aug 2, 2021 23:49
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