Puxin Education

Puxin Education Technology Group (NYSE: NEW) was founded in 2014, co-founded by a number of senior executives who have been engaged in the education and training industry for more than 15 years. Based on the industry pattern of "small, scattered, chaotic, and weak" and the market situation of "high fragmentation, high competition" in education and training, Puxin seizes the opportunity by adopting investment and mergers and acquisitions as well as post-investment management as its development model, and driven by both endogenous growth and exogenous mergers and acquisitions. Within five years, it selected more than 50 high-quality brands from over 1,000 domestic and international training brands for integration. With K12 tutoring and overseas study as its core businesses, it operates multiple business systems including training, consulting, basic education, cultural communication, and system management. Currently, it has strategic layouts in more than 30 cities across China, operating over 400 teaching centers, employing more than 10,000 faculty and staff, and serving over one million student enrollments annually.