"Hongying Education" is a wholly-owned subsidiary of Vtron Technologies (stock code: 002308). It currently owns two major brands, "HOING" and "Yojo", with more than 4,000 kindergartens across the country, covering all provinces in mainland China, benefiting 80,000 preschool teachers, 800,000 young children, and 1.5 million parents. "Hongying Education" provides comprehensive one-stop solutions for kindergartens, including but not limited to kindergarten bidding, decoration design, procurement of facilities and equipment, kindergarten enrollment, kindergarten teacher recruitment and training, kindergarten management, kindergarten teaching, kindergarten parent work, etc. "Hongying Education" is one of the few early childhood education institutions in China integrating industry, academia, and research. It not only has its own directly-operated kindergartens, but also has the Hongying Research Institute, which brings together first-class experts at home and abroad. On this basis, a large number of early childhood education products and solutions developed by Hongying are all based on repeated practical verification at the frontline of kindergartens. "Hongying Education" is the vice-chairman unit of the Preschool Education Professional Committee of the China Association for Non-Government Education, and the executive vice-chairman unit of the Education Branch of the China Future Research Association.
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