Puxin Limited
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Yunlong Sha
- Full Time Employees
- 9,650
- Sector
- Consumer Defensive
- Industry
- Education & Training Services
- Address
- Floor 16, Chuangfu Mansion, No. 18 Danling Street Beijing People's Republic of China 100080
- IPO Date
- Jun 15, 2018
- CIK
- 0001726189
- Website
- pxjy.com
- Similar Companies
- Business
- Puxin Limited (NYSE: NEW) operates as a leading provider of after-school education services in China, offering K-12 tutoring programs and study-abroad preparation services through classroom-based tutoring, online platforms, and mobile applications; its core offerings include group classes, personalized tutoring, English language courses for kindergarten children, extra-curricular programs in painting, calligraphy, music, debate, and science, as well as web-based and cloud-based products for K-12 and study-abroad tutoring, sold under brands such as Puxin, Puxin-Lingxian, Puxin-YESSAT, Puxin-Fubusi, ZMN Education, and franchised Global Education schools. The company targets students from kindergarten through twelfth grade and those preparing for admissions to high schools, universities, and graduate programs in English-speaking countries, with operations spanning multiple cities across China including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, and others, conducted via 407 learning centers as of late 2020 comprising 328 K-12 centers and 79 study-abroad centers. Founded in 2014 and headquartered at Floor 16, Chuangfu Mansion, No. 18 Danling Street, Haidian District, Beijing, China, Puxin has historically pursued growth through acquisitions and internal expansion, implementing its proprietary Puxin Business System for operational integration and quality enhancement. In recent years, the company faced significant challenges including a 2021 plan to discontinue K-12 academic subject tutoring services amid regulatory pressures in China's education sector, followed by a Cayman Islands court-ordered winding up in April 2022, NYSE trading suspension in May 2022, and delisting proceedings, rendering its American Depositary Shares no longer actively traded on the exchange.
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