Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors

NEEQ Welcomes Juesheng.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/21/2016 | 10:54pm EDT

BEIJING, March 21, 2016 /PRNewswire/ -- Beijing Jueshengwang Education Technology Co., LTD, (NEEQ: 836544) ("Juesheng.com"or the"Company"), the only Chinese online education company that provides pan-educational-institution-review and buying services online, is pleased to announce that Juesheng.com shares commence trading on the National Equities Exchange and Quotations (the "NEEQ") today. Jueshengwang becomes the first online education company that has been listed on the NEEQ through all recorded history.

According to the Company's press release, Juesheng.com is the only O2O platform that provides a broad range of pan-educational products and services in China. Juesheng.com has well over 250,000 merchants as their partners and has more than 20,000,000 registered users. Through the official website and subsidiary mobile applications, the Company offers whole-industry-chain educational services and products, including early education, K-12 synchronous counselling, Non-K-12 education and professional education to students aging from 3 to 22, as well as their parents and teachers.

Juesheng.com is a whole-education-industry-chain "Internet plus education" company, and has successfully entered into the "pan-education" market. Currently, one major source of revenue of Juesheng.com is charges and commission fees from an online platform which provides operation services to educational institutions - Jueshengyunshang SaaS. Based on information disclosed by Juesheng.com, as of December 31, 2015, Juesheng.com has turned losses into gains.

At the same time, Juesheng.com has appointed its former Vice President and company secretary, Mr. Long Ming, as the Chief Financial Officer ("CFO"). Mr. Long will be in charge of financing, investment and strategic finance of the Company. Mr. Long joined Juesheng.com at the end of 2012 and served as the Strategic Financial Director. During the past three years at Juesheng.com, Mr. Long had been responsible for financing, investment, strategic finance, as well as agent channel building, merchant supply chain management and other relevant works. Mr. Long obtained a bachelor's degree from Xi'An Jiaotong University and received a master's degree from the Department of Computer Science and Technology, Tsinghua University. Prior to joining Juesheng.com, Mr. Long was a Senior Consultant and a Consulting Manager of Ernst & Young and Value Partners successively.

About Juesheng.com

Juesheng.com was established on November 18, 2012 by Mr. Que Dengfeng, a renowned pioneering educator and his co-founder Mr. Dai Zheng. Juesheng.com completed the angel round investment from Ameba Capital in June 2013 and received the Series A financing investment from ChinaEquity Group Inc., New Oriental Education & Technology Group, Zhijing Capital and High Ground Capital in March 2014.

In March 2015, Juesheng.com raised funding in a series B financing round from China Equity Group, New Oriental Education & Technology Group and Liner Venture. In December 2015, Juesheng.com announced funding from Tangel Publishing Co., Ltd., the first Shenzhen-listed privately operated publisher in the series C financing round.

According to a public news release, with Tangel's entry, there will be four listed companies on the list of Juesheng.com's shareholders, respectively: New York Stock Exchange-listed educational services provider Oriental Education & Technology Group, NASDAQ-listed IT training firm Tarena International Inc, Shenzhen Stock Exchange-listed publisher Tangel Publishing Co., Ltd., and NEEQ-listed ChinaEquity Group Inc., which ranked No. 4 in terms of its market capitalization.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/neeq-welcomes-jueshengcom-300239365.html

SOURCE Beijing Jueshengwang Education Technology Co., LTD


© PRNewswire 2016
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Companies"
04:38aAVISTA : Washington utility Avista commits to 100% clean energy by 2045
AQ
04:37aBLACKROCK : No signs of global recession in next 12 months - BlackRock's Fink
RE
04:37aNEWMONT MINING : and Goldcorp Successfully Create Worlds Leading Gold Company
AQ
04:37aBEMETALS : Upsizes Previously Announced Non-Brokered Financing to $6.25 Million
AQ
04:36aHECLA MINING : Reports 2.9 Million Ounces of Silver and 60,021 Ounces of Gold Production in First Quarter 2019
AQ
04:36aSUPERIOR GOLD INC : . Announces First Quarter 2019 Production Results
AQ
04:35aGULFPORT ENERGY : Reports Production Drops 2%
AQ
04:35aTELEFONAKTIEBOLAGET LM ERICSSON : Swedish Ericsson and Swisscom launch Europe's first large scale 5G network
AQ
04:35aIBERDROLA : New Yorks VDER gets a few tweaks
AQ
04:35aENGIE : turns sod on 160MW Jumbo Hill
AQ
Latest news "Companies"