Leader education was forced to be delisted: Softbank CMC suffered heavy losses only one year after listing

RedI network Lei Jianping 6 month 11 Reported Wednesday

It has been on the market for only one year , Leader education （ Stock code ：ZME） Was forced to delist , After speaking fluently , Another education stock enterprise forced to delist by the New York Stock Exchange .

A week ago , The New York Stock Exchange announced , New York Stock Exchange regulators have decided to start the delisting process for head education . Master education's ADR dated 2022 year 6 month 2 Trading was suspended on the New York Stock Exchange on the th .

Before , The New York Stock Exchange also started the delisting procedure for touch treasure , The reason is that the market value is too low , Does not meet the listing requirements .

The delisting speed is faster than that of Ruixing due to financial fraud

Leader education is 2021 year 6 Listed on NYSE in May , The issue price was 11.5 dollar , issue 362.3 Thousands of stocks , The total amount raised is 4170 Thousands of dollars .

The opening price of headmaster education on the first day is 16.13 dollar , Higher than issue price 40.26%; The closing price is 16.99 dollar , Higher than issue price 47.74%; At the closing price , The market value of headmaster education is about 26.79 Billion dollars .

however ,2021 year 3 Since the month , The education sector continues to make substantial adjustments , Especially when 7 month 24 The policy of "double reduction" applies to the business types of after-school tutorial institutions 、 Make systematic specifications for business time, etc .

thereafter , Including New Oriental 、 Good future 、 The market value of many enterprises, such as gaotu education, has fallen sharply , In particular, tal's market value fell by more than 500 Billion dollars .

The leader's education is 2021 year 7 In June, the company also began to lay off employees and save themselves . at that time , Zhang Yi, the founder of the leader education, once made clear to the employees the company's next plan ,“ The company will follow the guidance of the new national education policy , Make business adjustments , I have to send off some business partners , There will be pain . At the same time, it will also increase the investment in quality education , Seek more talents in quality education to join , To meet the expectations of society .”

since 2021 year 3 Since the month , China concept stock market continued to callback , The market fell , It also further caused the delisting crisis of leader education . From listing to delisting , The leader's education lasted only one year , Its delisting speed even exceeded that of Ruixing coffee, which was forced to delist due to financial fraud .

Secure many well-known funds

The predecessor of leader education is 2005 The champion club was founded in Shenzhen in , since 2014 In, it officially transformed online education . The head education business covers the whole subject guidance in the field of online education in primary and secondary schools , And form “ representative or leader in a certain field 1 Yes 1”、“ Headmaster's excellent course ”、“ Headmaster, children ” and “ Little beaver enlightenment ” And other sub brands .

Leader education 2019 year 、2020 year 、2021 The annual revenue is 26.69 One hundred million yuan 、40.18 One hundred million yuan 、44 One hundred million yuan ; Net losses are 15 One hundred million yuan 、10 Billion 、11.77 Billion （ about 1.84 Billion dollars ）.

By 2021 year 12 month 31 Japan , Headmaster education still holds cash 、 Cash equivalents 、 Restricted cash 21.38 One hundred million yuan （ about 3.35 Billion dollars ）.

however , Before the leader education stops , The share price is only 0.6 dollar , Market value 1200 Thousands of dollars , It is far from the beginning of listing .

By 2022 year 3 month 31 Japan , Zhang Yi's shareholding is 13.5%, Yes 82.4% The right to vote ;Teng Yu The shareholding is 5.9%, Yes 1.2% The right to vote .

Besides ,Genesis Capital Entities（ Yuansheng capital ） The shareholding is 15.5%, Yes 3.1% The right to vote ; Under Huaping banner Demantoid Gem Holdings Limited The shareholding is 10.1%, Yes 2% The right to vote ; Shun is under the banner Wenwei The shareholding is 6.1%, Yes 1.2% The right to vote .

By 2022 year 3 month 31 Japan , The ownership structure of headmaster education

CMCEntities The shareholding is 6%, Yes 1.2% The right to vote ; Under Softbank SVF II ZEAL SUBCO (DE) PTE The shareholding is 5.9%, Yes 1.2% The right to vote .Shanghai Huasheng Lingfei Equity Investment The shareholding is 5.3%, Yes 1.1% The right to vote .

It has been popular since then , Until now, it has withdrawn from the market , The fate of the leader's education makes people sigh . And many well-known funds are locked up , Exit without door , Heavy losses , No tears to cry .

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Lei Di was founded by Lei Jianping, a senior media person , If reproduced, please indicate the source .