META DATA LIMITED

(AIU)
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Delayed Nyse  -  04:01 2022-08-05 pm EDT
1.170 USD   +2.63%
05/23Meta Data Limited Files Annual Report on Form 20-F
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Meta Data Limited Files Annual Report on Form 20-F

05/23/2022 | 11:28am EDT

Shanghai, China, May 23, 2022 (GLOBE NEWSWIRE) -- Meta Data Limited (formerly known as OneSmart International Education Group Limited) (the “Company”) (NYSE: AIU) announces that it has filed its annual report on Form 20-F for the fiscal year ended August 31, 2021 with the United States Securities and Exchange Commission (the “SEC”), which includes its audited financial statements.

Pursuant to Section 203.01 of the New York Stock Exchange ("NYSE") Listed Company Manual, the requirement for an NYSE-listed company to distribute a hard copy of the annual report to shareholders was eliminated. A listed company is required to file with the SEC its annual reports (which include the audited financial statements) and is required to simultaneously make the annual report available to its shareholders on or through the company's website.

Pursuant to the current rule, the Company's annual report on Form 20-F may be accessed through the SEC's website (www.sec.gov), or you may obtain a copy of our 2021 Annual Report by visiting the “Annual Reports” heading under the “Financials” section of the Company’s website at http://ir.onesmart.org/. If you want to receive a paper or email copy of the Company’s 2021 Annual Report, you must request one. There is no charge to you for requesting a copy. Please make your request for a copy to the Investor Relations department of the Company, at ir@onesmart.org.

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. The Company may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and the Company does not undertake any obligation to update such information, except as required under applicable law.

About Meta Data

Founded in 2008 and headquartered in Shanghai, Meta Data Limited (formerly known as OneSmart International Education Group Limited) historically provided non-subject based tutoring to students in China. Given the “Policy to Further Reducing the Burden of Homework and Off-campus Tutoring for Compulsory Education Students,” (the “Double Reduction Policy”), which basically requires suspension of all subject-based off-campus tutoring business targeting pre-school kids and K12 students, the Company plans to provide overseas education preparation and consulting services to students residing within China, “Smart ID Card” to campuses and develop and market smart training system incorporating virtual reality, artificial intelligence, blockchain and other technologies in order to facilitate the teaching and training process.

For more information, please contact:
Mr.  Chee Jiong Ng
E-mail: cj @onesmart.org



© GlobeNewswire 2022
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Financials
Sales 2021 3 423 M - -
Net income 2021 -4 988 M - -
Net Debt 2021 1 262 M - -
P/E ratio 2021 -0,11x
Yield 2021 -
Capitalization 17,1 M 17,1 M -
EV / Sales 2020 0,81x
EV / Sales 2021 0,39x
Nbr of Employees 13 497
Free-Float 65,4%
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Managers and Directors
Xiao Ming Li Chairman & Chief Executive Officer
Chee Jiong Ng Chief Financial Officer
Tuanwei Shi Chief Technology Officer
Sheng Cong Ma Chief Operating Officer
Robert L. Angell Independent Director