Annuncio • May 01
VisionSys AI Inc. announced delayed 20-F filing On 04/30/2026, VisionSys AI Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Annuncio • Apr 29
VisionSys AI Inc. announced that it expects to receive $90 million in funding VisionSys AI Inc. announced a private placement to issue 60,000,000 common share at an issue price of $1.5 for the proceeds of $90,000,000 on April 27, 2026. Annuncio • Apr 17
VisionSys AI Inc. has filed a Follow-on Equity Offering in the amount of $6 million. VisionSys AI Inc. has filed a Follow-on Equity Offering in the amount of $6 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 6,000,000
Price\Range: $1
Discount Per Security: $0.07 Annuncio • Apr 03
VisionSys AI Inc. has completed a Follow-on Equity Offering in the amount of $2.999725 million. VisionSys AI Inc. has completed a Follow-on Equity Offering in the amount of $2.999725 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 250,000
Price\Range: $1
Discount Per Security: $0.08
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 2,750,000
Price\Range: $0.9999
Discount Per Security: $0.069993
Transaction Features: Registered Direct Offering Annuncio • Mar 28
VisionSys AI Inc. has filed a Follow-on Equity Offering in the amount of $3 million. VisionSys AI Inc. has filed a Follow-on Equity Offering in the amount of $3 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 3,000,000
Price\Range: $1
Transaction Features: Registered Direct Offering Annuncio • Mar 12
VisionSys AI Inc. announced that it expects to receive $30.21 million in funding VisionSys AI Inc. announced that it has entered into a securities purchase agreement with certain U.S. and/or non-U.S. investors to issue 14,250,000,000 class A ordinary shares at an issue price of $0.00212 per share for gross proceeds of $30,210,000 on March 11, 2026. The offering is expected to close in the second quarter of 2026. Annuncio • Feb 13
VisionSys AI Inc. Announces Changes in Board and Committee Member VisionSys AI Inc. announced that Mr. Rojitkumar Singh Sorokhaibam resigned as an independent director, a member of the audit committee and the compensation committee, and the Chairman of the nominating and corporate governance committee of the board of director of the Company, effective on February 9, 2026. To fill the vacancy, the Board appointed Ms. Zunfeng Tang as an independent director, effective February 10, 2026. Ms. Zunfeng Tang will serve as a member of the Audit Committee and the Compensation Committee, and as the Chairman of the Nominating Committee of the Board. Ms. Zunfeng Tang has served as Senior Foreign Trade Specialist at Beijing Huamao Import & Export Co. Ltd. since March 2018, where she manages the North America and Europe markets and develops client relationships through online and offline channels. She has consistently generated new business opportunities and maintained stable annual sales exceeding US$3 million. In this role, she oversees key aspects of foreign trade operations, including client engagement, contract execution, production coordination, logistics arrangements and delivery management. Prior to this role, Ms. Tang worked at Beijing Jinglian Shangtong Trading Co. Ltd. from July 2012 to February 2018, where she served as Foreign Trade Assistant and later Foreign Trade Agent, supporting business development, managing trade documentation and independently developing clients in the Asian market. Ms. Tang received her Bachelor's degree in International Trade from Qingdao Qiushi Vocational College in 2011. Annuncio • Jan 08
VisionSys AI Inc Announces Resignation of Hakob Sirounian as Chief Strategy Officer, Effective December 31, 2025 VisionSys AI Inc. announced that Mr. Hakob Sirounian, the Chief Strategy Officer of the company resigned from his position as the Chief Strategy Officer of the Company, effective on December 31, 2025. His resignation was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. Annuncio • Dec 20
VisionSys AI Inc. Announces Board and Committee Changes, Effective December 19, 2025 Ms. Linjing Xu, a member of the board of directors (the “Board”) of VisionSys AI Inc, a Cayman Islands company (the “Company”), resigned from her positions as an Independent director of the Board, a member of the nominating and corporate governance committee (the “Nominating Committee”) and the audit committee (the “Audit Committee”), and the Chairperson of the compensation committee (the “Compensation Committee”) of the Board, for personal reasons, effective on December 19, 2025. To fill the vacancy created by Ms. Xu’s departure, on December 19, 2025, the Board appointed Xiaojing Ma as an independent director, effective immediately. The Company’s Board has determined that Ms. Ma is “independent” as that term is defined in the rules of the SEC and the applicable rules of the NASDAQ Capital Market. Ms. Ma will serve as a member of the Nominating Committee and the Audit Committee, and the Chairperson of the Compensation Committee of the Board. Ms. Ma has served as an independent consultant and educator at her personal education studio from 2012 to the present. In this role, she has overseen strategic positioning, curriculum design, and financial management, achieving sustained business growth by navigating complex regulatory environments and industry policy shifts. Earlier, she served as a Grade 9 Chinese Teacher and Homeroom Advisor at Xingtai Tao Xingzhi Middle School from 2007 to 2011, where she comprehensively managed class operations, served as the core liaison between stakeholders, and demonstrated exceptional organizational coordination and conflict resolution skills. She previously served as a Grade 9 Chinese Teacher at Nanhe Dongxing Middle School from 2005 to 2007. She received her Bachelor’s degree in Chinese Language and Literature from Xingtai College in 2004. Annuncio • Nov 13
VisionSys AI Inc. has filed a Follow-on Equity Offering in the amount of $11.999975 million. VisionSys AI Inc. has filed a Follow-on Equity Offering in the amount of $11.999975 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 9,230,750
Price\Range: $1.3
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 9,230,750
Transaction Features: Registered Direct Offering Annuncio • Oct 10
VisionSys AI Inc. Appoints Tom Trowbridge as Senior Advisor to Drive Digital Currency Treasure Strategy VisionSys AI Inc. announced the appointment of Tom Trowbridge as Senior Advisor to advance strategic initiatives in digital curreny treasury management and decentralized technologies while accelerating the Company's growth in AI-driven solutions. Tom Trowbridge has been appointed as Senior Advisor to the Company. A prominent entrepreneur and advocate for decentralized systems, Mr. Trowbridge is a co-founder of Fluence Labs and was President of Hedera Hashgraph (HBAR), from inception, leading the company to a mainnet launch. He hosts the DePIN Day conference series and the DePINed podcast and is an investor and advisor to multiple crypto projects and funds. He served as a board member of Stronghold Digital Mining (NASDAQ: SDIG) which was acquird by Bitfarms (BITF). Mr. Trowbridge holds a BA from Yale University and an MBA from Columbia University. In this consulting capacity, he will provide expert guidance on blockchain strategy, distributed ledger technologies, and fostering innovation in decentralized infrastructure. Annuncio • Oct 01
VisionSys AI Inc. Appoints Hakob Sirounian as Chief Strategy Officer, Effective from September 24, 2025 VisionSys AI Inc. announced the appointment of Hakob Sirounian as Chief Strategy Officer (CSO), effective September 24, 2025. This strategic hire is aimed at enhancing operational efficiency, advancing initiatives in blockchain and decentralized technologies, and accelerating the Company's growth in AI-driven solutions. Hakob Sirounian brings extensive expertise in decentralized finance (DeFi) within the Solana ecosystem. He has served as an automated market maker and liquidity provider on platforms including Meteora, Orca, and Raydium, and was an early-stage backer of Solana. His accomplishments include developing risk management protocols, building advanced tools for liquidity providers, and providing liquidity for over $20 billion in on-chain volume on Solana. From December 2017 to July 2025, he held the position of President and a member of the Board of Directors at TJ&S Enterprises, where he led strategic planning and promoted sustainable growth. Mr. Sirounian received a Bachelor of Science in Information Technology from California State University, Northridge in 2007. As CSO, he will guide VisionSys' long-term strategy, focusing on blockchain adoption and ecosystem partnerships. Annuncio • Aug 06
TCTM Kids IT Education Inc., Annual General Meeting, Aug 25, 2025 TCTM Kids IT Education Inc., Annual General Meeting, Aug 25, 2025. Location: 405 lexington avenue, 26th floor, new york city, 10174, new york city, United States Annuncio • Jul 10
TCTM Kids IT Education Regains Compliance with Nasdaq Minimum Bid Price Requirement TCTM Kids IT Education Inc. announced that it has received a written compliance notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated July 7, 2025, notifying the Company that it has regained compliance with the minimum bid price of USD 1.00 per share requirement set under the Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). As previously announced, on January 3, 2025, the Company was notified by Nasdaq that the Company was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company's American depositary shares ("ADSs") was below USD 1.00 per share for 30 consecutive business days. On July 7, 2025, Nasdaq determined that for the last 19 consecutive business days, from June 6, 2025 to July 3, 2025, the closing bid price of the Company's ADSs has been at USD 1.00 per share or greater. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and Nasdaq considers this matter now closed. Annuncio • Jun 17
TCTM Kids IT Education Inc. (NasdaqCM:VSA) signed a letter of intent to acquire HopeAI, Inc. TCTM Kids IT Education Inc. (NasdaqCM:VSA) signed a letter of intent to acquire HopeAI, Inc. on June 17, 2025.
The transaction is subject to approval by regulatory board, approval of merger agreement by target board, approval of offer by acquirer shareholders, approval of offer by acquirer board, approval of offer by target shareholders, consummation of due diligence investigation and definitive agreement. Annuncio • Jun 11
TCTM Kids IT Education Inc. Announces Resignation of Board Members TCTM Kids IT Education Inc. announced that Ms. Mingjie Sun and Mr. Jianguang Li have resigned from their respective roles as independent directors of the board of directors, effective on June 9, 2025, and June 10, 2025, respectively. The resignations do not result from any dispute or disagreement with the Company. Following the change, the Board is comprised of five members, including Mr. Shaoyun Han, Mr. Heng Wang, Ms. Linjing Xu, Mr. Zhe Sun, and Mr. He Huang, with a majority of the members being independent directors. Annuncio • Apr 29
TCTM Kids IT Education Inc. announced delayed 20-F filing On 04/28/2025, TCTM Kids IT Education Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Annuncio • Jan 23
TCTM Kids IT Education Inc Announces Resignation of Hongyu Zhang as Independent Director TCTM Kids IT Education Inc. announced that Ms. Hongyu Zhang, a former member of the Company’s board of directors, resigned from her duties as an independent director due to personal reasons, effective January 21, 2025. The resignation of Ms. Zhang did not result from any disagreement with the Company. Annuncio • Dec 14
TCTM Kids IT Education Inc. Announces Board and Committee Changes TCTM Kids IT Education Inc. announced that Mr. Shengwen Rong, a former member of the Company’s Board of Directors and respective committees of the Board, resigned from his duties as a member of the Board and the Board Committees due to personal reasons, effective December 12, 2024. The resignation of Mr. Rong did not result from any dispute with the Board or the Company. The Board has appointed each of Ms. Hongyu Zhang, Ms. Gaiyan Guo and Ms. Yan Meng as an independent director, and Mr. Wei Zheng as a director, effective December 12, 2024. Ms. Hongyu Zhang has been serving as Director of Human Resources and Administration of the Gujia (Beijing) Technology Co. Ltd. since May 2018. She served as Human Resources Manager in the HR office of Beijing Haozai Technology Co. Ltd. from August 2016 to April 2018. Ms. Zhang joined HeYouBoMan Management Consulting (Beijing) Co. Ltd. in November 2013 as a project manager in Recruitment Dept. Ms. Zhang received her bachelor degree in computer science and technology from Huaihai Technology Institute and master degree in sociology from Renmin University of China. Ms. Gaiyan Guo has been serving as Senior Financial Accountant of the Perfect World Co. Ltd. since October 2021. She served as Accounting Supervisor in the financial department of Visual (China) Cultural Development Co. Ltd. from June 2020 to April 2021. Ms. Guo joined Beijing Mifenghuijin Technology Co. Ltd. in July 2016 and served as an accountant to May 2020. Ms. Guo has over eight years of accounting and finance experience. Ms. Guo received her bachelor degree in finance from Minzu University of China. She holds PRC CPA, Legal Professional Qualification Certificate, Certified Tax Agents and Intermediate Accountant Qualification.
Ms. Yan Meng joined Baihe Jiayuan Network Group Co. Ltd. in February 2023 and served as General Manager until January 2024. She served as City General Manager of Xinyang Technology Co. Ltd. from July 2020 to March 2022. Ms. Meng joined in Marriage and Love Department of Beijing Baihe Jiayuan Network Group Co. Ltd. in September 2012, and served as General Manager in Beijing Baihe Ailv International Tourism Co. Ltd., which is an affiliate of Baihe Jiayuan Group, and she also served as the Business Director in Baihe Jiayuan Group from December 2016 to December 2019. Ms. Meng received her bachelor degree in marketing from Dongbei University of Finance and Economics. Mr. Wei Zheng has been serving as Vice Chairman and CIO of HC Securities (HK) Limited since 2021. And he served as CEO in Yiyi Tianshi Asset Management Co. Ltd. from 2015 to 2021. Mr. Zheng received his bachelor degree from Southeast University. The Board also resolved to make certain adjustments to the Board Committees. Effective December 12, 2024, the audit committee of the Board consists of Ms. Gaiyan Guo, Mr. Jianguang Li and Ms. Yan Meng, and is chaired by Ms. Gaiyan Guo, the compensation committee consists of Mr. Jianguang Li, Ms. Gaiyan Guo and Ms. Yan Meng, and is chaired by Mr. Jianguang Li, and the nominating and corporate governance committee consists of Ms. Yan Meng, Ms. Gaiyan Guo and Mr. Jianguang Li, and is chaired by Ms. Yan Meng. Annuncio • Dec 04
TCTM Kids IT Education Inc. Announces Retirement of Binshen Meng as Member of Board of Directors TCTM Kids IT Education Inc. announced that Mr. Binshen Meng, who served as a member of the Board of Directors of the Company since December 2022, did not seek re-appointment upon the expiration of his term of service on December 1, 2024. Mr. Meng’s decision was not a result of any dispute or disagreement with the Company or the Board. The Board has no current plan to fill the vacancy left by Mr. Meng’s retirement. Annuncio • Apr 19
TCTM Kids IT Education Inc. Appoints Xiaolan Tang as Senior Vice President TCTM Kids IT Education Inc. announced below appointment to the Company’s management team, effective immediately: Xiaolan Tang has been appointed as Senior Vice President. Mr. Tang joined the Company in 2007, and served as the head of sales and marketing, deputy general manager of the northern region, general manager of the midwestern region. Between 2015 and 2019, Mr. Tang took part in founding Dajiangtai.com, an online IT professional education company, and VIPCODE, an online coding education company for children and teenagers, and served as the vice president of operations. In April 2020, Mr. Tang rejoined the Company and served as vice president of sales and marketing. Mr. Tang has over 20 years of experience in the sales and marketing for the education industry, the business operations and management of corporate matters. Mr. Tang received a bachelor’s degree in management from Jilin University in 2001. Annuncio • Nov 17
Tarena International Receives Approval to Transfer to Nasdaq Capital Market Tarena International, Inc. announced that on November 15, 2023, the Listing Qualifications department of the Nasdaq Stock Market LLC ("Nasdaq") approved the Company's request to transfer the listing of the Company's American Depositary Shares (the "ADSs") from the Nasdaq Global Select Market to the Nasdaq Capital Market. The transfer is expected to take effect at the opening of business on November 17, 2023. As previously disclosed, on July 28, 2023, the Company received a written notification from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company no longer meets the continued listing requirement of minimum Market Value of Publicly Held Shares ("MVPHS") for the Nasdaq Global Select Market, as set forth in the Nasdaq Listing Rule 5450(b)(2)(C), because the Company's MVPHS for the last 30 consecutive business days was below the minimum MVPHS requirement of $15,000,000. Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 calendar days, or until January 24, 2024. The Company expects to meet all of the continued listing requirements for the Nasdaq Capital Market, including the requirement on minimum MVPHS as set forth in Nasdaq Listing Rule 5550(a)(5) upon the transfer. The transfer of the Company's listing to the Nasdaq Capital Market is not expected to have any impact on trading in the Company's ADSs. The Company's ADSs will continue to trade uninterruptedly. The Nasdaq Capital Market operates in substantially the same manner as the Nasdaq Global Select Market, and companies on the Nasdaq Capital Market must meet certain financial and corporate governance requirements to qualify for continued listing. Annuncio • Oct 05
The Rosen Law Firm, P.A. Announces Propose Class Action Settlement on Behalf of Purchasers of Tarena International, Inc. American Depositary Shares The Rosen Law Firm, P.A. announced that the United States District Court for the Eastern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of Tarena International, Inc. American Depositary Shares: TO: all persons who purchased the American depositary shares of Tarena International, Inc. (TARENA) from August 16, 2016 through November 1, 2019, inclusive. Pursuant to an Order of the United States District Court for the Eastern District of New York, that a hearing will be held on January 18, 2024 at 10:00 a.m. before the Honorable Pamela K. Chen, United States District Judge of the Eastern District of New York, 225 Cadman Plaza East, Courtroom 4F North, Brooklyn, NY 11201 for the purpose of determining: (1) whether the proposed Settlement of the claims in the above-captioned Action for consideration including the sum of $3,500,000 should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the Settlement proceeds is fair, reasonable, and adequate; (3) whether the application of Lead Counsel for an award of attorneys’ fees of up to one-third plus interest of the Settlement Amount, reimbursement of expenses of not more than $40,000 and a service payment of no more than $15,000 in total to Plaintiffs, should be approved; and (4) whether this Action should be dismissed with prejudice as set forth in the Second Amended Stipulation of Settlement, dated August 18, 2023 (the Settlement Stipulation). The Court reserves the right to hold the Settlement Hearing telephonically or by other virtual means. Purchased Tarena’s American Depositary Shares (ADSs) during the period from August 16, 2016 through November 1, 2019, both dates inclusive, rights may be affected by this Settlement, including the release and extinguishment of claims may possess relating to ownership interest in Tarena ADSs. Reported Earnings • Aug 29
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: CN¥545.0m (down 16% from 2Q 2022). Net income: CN¥7.53m (down 84% from 2Q 2022). Profit margin: 1.4% (down from 7.4% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annuncio • Aug 16
Tarena International, Inc. to Report Q2, 2023 Results on Aug 28, 2023 Tarena International, Inc. announced that they will report Q2, 2023 results After-Market on Aug 28, 2023 Annuncio • Jul 30
Tarena International Announces Receipt of Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares Tarena International, Inc. announced that it received a written notification from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (‘Nasdaq’) dated July 28, 2023, indicating that the Company no longer meets the continued listing requirement of minimum Market Value of Publicly Held Shares (‘MVPHS’) for the Nasdaq Global Select Market, as set forth in the Nasdaq Listing Rule 5450(b)(2)(C), because the Company's MVPHS for the last 30 consecutive business days was below the minimum MVPHS requirement of USD 15,000,000. Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 calendar days, or until January 24, 2024. The Company can cure this deficiency if its MVPHS closes at USD 15,000,000 or more for a minimum of ten consecutive business days during the compliance period. The Company's management is looking into various options available to regain compliance and maintain its continued listing on The Nasdaq Global Select Market. In the event the Company does not regain compliance prior to the expiration of the compliance period, it will receive written notification that its securities are subject to delisting. Alternatively, the Company may apply to transfer the Company's securities to The Nasdaq Capital Market, subject to the Nasdaq Capital Market's continued listing requirements. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €2.74, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 16x in the Consumer Services industry in Europe. Total loss to shareholders of 62% over the past three years. Reported Earnings • Jun 13
First quarter 2023 earnings released: CN¥4.67 loss per share (vs CN¥2.39 profit in 1Q 2022) First quarter 2023 results: CN¥4.67 loss per share (down from CN¥2.39 profit in 1Q 2022). Revenue: CN¥385.1m (down 38% from 1Q 2022). Net loss: CN¥50.2m (down 289% from profit in 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Annuncio • Jun 13
Tarena International, Inc. Provides Earnings Guidance for the Second Quarter of 2023 Tarena International, Inc. provided earnings guidance for the second quarter of 2023. Based on the Company's current estimates, net revenues for the second quarter of 2023 are expected to be in the range of RMB 520 million and RMB 550 million, which represents a decrease of 15% to 20% as compared to the net revenues in the second quarter of 2022, as the disposal of certain college-collaboration related business and the adverse macro environment at the beginning of this year will have some impact on net revenues in the second quarter. Annuncio • Jun 03
Tarena International, Inc. to Report Q1, 2023 Results on Jun 12, 2023 Tarena International, Inc. announced that they will report Q1, 2023 results After-Market on Jun 12, 2023 Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €2.94, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 14x in the Consumer Services industry in Europe. Total loss to shareholders of 81% over the past three years. Reported Earnings • May 03
Full year 2022 earnings released: EPS: CN¥7.64 (vs CN¥42.17 loss in FY 2021) Full year 2022 results: EPS: CN¥7.64 (up from CN¥42.17 loss in FY 2021). Revenue: CN¥2.47b (up 3.4% from FY 2021). Net income: CN¥83.5m (up CN¥558.1m from FY 2021). Profit margin: 3.4% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Annuncio • Dec 01
Tarena International, Inc. Provides Revenue Guidance for the Fourth Quarter of 2022 Tarena International, Inc. provided revenue guidance for the fourth quarter of 2022. The company’s total net revenues for the fourth quarter of 2022 are expected to be between RMB 560 million and RMB 590 million with representing a decrease of 10% to 50% from the fourth quarter of 2021. Annuncio • Nov 18
Tarena International, Inc. to Report Q3, 2022 Results on Nov 29, 2022 Tarena International, Inc. announced that they will report Q3, 2022 results After-Market on Nov 29, 2022 Annuncio • Oct 12
Tarena International, Inc. Announces Resignation of Yongji Sun as Director On October 11, 2022, Tarena International, Inc. announced that Mr. Yongji Sun (“Mr. Sun”) has tendered his resignation as director of the Company due to the expiration of his current term, effective October 31, 2022. Mr. Sun has confirmed that his resignation does not involve any disagreement with the Company. Annuncio • Aug 16
Tarena International, Inc. Appoints Ping Wei as Chief Financial Officer The board of directors of Tarena International, Inc. has appointed Ms. Ping Wei as its chief financial officer, effective August 16, 2022. Ms. Ping Wei has extensive experience in capital markets and the education industry. Prior to joining Tarena, Ms. Wei served as a partner and the chief financial officer of a private venture-backed company focusing on community group buying. Prior to that, Ms. Wei served as the chief financial officer of Gravitas Education Holdings, Inc. from May 2017 to May 2019. Ms. Wei also served as the chief financial officer of various education and e-commerce companies including Lazada South East Asia Pte. Ltd., Meilishuo Technology Ltd. and China Distance Education Holdings Ltd., a then New York Stock Exchange-listed company since 2008. Prior to that, Ms. Wei held several positions in New Oriental Education & Technology Group Inc., Lorus Therapeutics Inc., Deloitte Touche Tohmatsu Limited and Arthur Andersen Huaqiang from October 1994 to March 2008. Ms. Wei is a US CPA from Illinois. Annuncio • Aug 04
Tarena International, Inc. to Report Q2, 2022 Results on Aug 16, 2022 Tarena International, Inc. announced that they will report Q2, 2022 results Pre-Market on Aug 16, 2022 Annuncio • Jul 01
Tarena International, Inc. Announces Resignation of Kelvin Wing Kee Lau as the Chief Financial Officer, Effective July 31, 2022 Tarena International, Inc. announced that Mr. Kelvin Wing Kee Lau, the chief financial officer of the Company, has decided to resign from the CFO position for personal reasons, effective July 31, 2022. Mr. Lau’s resignation is not due to any disagreement with the Company. The Company is in discussion with possible candidates for the position, and Ms. Ying Sun, the chief executive officer of the Company, will serve as the acting CFO until a permanent replacement is found. Annuncio • Jun 03
Tarena Regains Compliance with Nasdaq Listing Rules Tarena International, Inc. announced that it received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market Inc. (the "Nasdaq") dated June 1, 2022, indicating that the Company has regained compliance with the minimum market value of publicly held shares requirement set forth in Rule 5450(b)(2)(C) of the Nasdaq Listing Rules for which the Company received a notification letter from the Nasdaq on January 20, 2022 for failure to meet such rule. The Company also previously received a notification letter from the Listing Qualification Department of the Nasdaq indicating that the Company has regained compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules for which the Company received a notification letter from the Nasdaq on December 10, 2021 for failure to meet such rule. Both matters have been closed. Annuncio • May 18
Tarena International, Inc. Provides Revenue Guidance for the Second Quarter of 2022 Tarena International, Inc. provided revenue guidance for the second quarter of 2022. For the quarter, the company expects total net revenues expected to be in the range of RMB 600 million and RMB 630 million, which represent an increase of 3.1% to 8.2% as compared to the net revenues in the second quarter of 2021. Annuncio • May 13
Tarena International, Inc. to Report Q1, 2022 Results on May 17, 2022 Tarena International, Inc. announced that they will report Q1, 2022 results Pre-Market on May 17, 2022 Annuncio • Feb 24
Tarena International, Inc. Announces Changes to Board Composition, Effective on March 1, 2022 Tarena International, Inc. announced that Mr. Shengwen (Roy) Rong has been appointed as an independent director of the board of directors of the Company (the "Board"). Mr. Rong has also been appointed as the chairman of the audit committee of the Board, as well as a member of the compensation committee and the nominating and corporate governance committee. Mr. Arthur Lap Tat Wong will no longer serve as a director after the current term expires, which did not result from any disagreement with the Company. These changes will be effective on March 1, 2022. Mr. Rong currently serves as an independent director and chairperson of the audit committees of the following public companies: China Online Education Group, BlueCity Holdings Limited, MOGU Inc., and X Financial, and as an independent director of Qudian Inc. Annuncio • Jan 26
Tarena Announces Receipt of Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares Tarena International, Inc. announced that it received a written notification from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated January 20, 2022, indicating that the Company no longer meets the continued listing requirement of minimum Market Value of Publicly Held Shares ("MVPHS") for the Nasdaq Global Select Market, as set forth in the Nasdaq Listing Rule 5450(b)(2)(C), because the Company's MVPHS for the last 30 consecutive business days was below the minimum MVPHS requirement of $15,000,000. Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 calendar days, or until July 19, 2022. The Company can cure this deficiency if its MVPHS closes at $15,000,000 or more for a minimum of ten consecutive business days during the compliance period. The Company's management is looking into various options available to regain compliance and maintain its continued listing on The Nasdaq Global Select Market. In the event the Company does not regain compliance prior to the expiration of the compliance period, it will receive written notification that its securities are subject to delisting. Alternatively, the Company may apply to transfer the Company's securities to The Nasdaq Capital Market, subject to the Nasdaq Capital Market's continued listing requirements. Annuncio • Jan 04
Tarena International, Inc. (NasdaqGS:TEDU) announces an Equity Buyback for $2.5 million worth of its shares. Tarena International, Inc. (NasdaqGS:TEDU) announces a share repurchase program. Under the program, the company will repurchase up to $2.5 million worth of its common stock. The company expects to fund repurchases from its existing cash balance. The program will run for a period of 6 months. Annuncio • Dec 15
Tarena Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price and Expects to Regain Compliance After the ADS Ratio Change Tarena International, Inc. announced on December 14, 2021 that it received a written notification from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated December 10, 2021, indicating that because the closing bid price of the Company's American Depositary Shares ("ADSs") for the last 30 consecutive business days was below $1.00 per share, the Company no longer meets the minimum bid price requirement for the Nasdaq Global Select Market, set forth in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 calendar days, or until June 8, 2022. The Company can cure this deficiency if the closing bid price of its ADS is $1.00 per share or higher for at least ten consecutive business days during the grace period. As previously announced on December 1, 2021, the Company is in the process of changing the ratio of its ADSs to its Class A ordinary shares (the "ADS Ratio") from the current ADS Ratio of one (1) ADS to one (1) Class A ordinary share to a new ADS Ratio of one (1) ADS to five (5) Class A ordinary shares, which is expected to become effective on or about December 23, 2021, subject to the SEC having declared the post-effective amendment to the ADS Registration Statement on Form F-6 to be effective. As a result of the change in the ADS Ratio, the ADS trading price is expected to increase proportionally. The Company believes that the change in the ADS ratio will help the Company to regain compliance with the minimum bid price requirement. However, the Company can give no assurance that this goal will be achieved. Annuncio • Nov 24
Tarena International, Inc. Provides Earnings Guidance for the Fourth Quarter of 2021 Tarena International, Inc. provided earnings guidance for the fourth quarter of 2021. Based on the Company's current estimates, total net revenues for the fourth quarter of 2021 are expected to be in the range of RMB 610 million and RMB 640 million. Annuncio • Sep 25
Tarena International, Inc. Announces Revenue Guidance for the Third Quarter of 2021 Tarena International, Inc. announced revenue guidance for the third quarter of 2021. For the quarter, the total net revenues are expected to be in the range of RMB 600 million and RMB 630 million. Annuncio • Aug 04
Tarena International, Inc. Announces Class Action Lawsuit by Bronstein, Gewirtz & Grossman, LLC Tarena International, Inc. announced that the Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) certain employees were interfering with external audits of Tarena’s financial statements for certain periods; (2) Tarena suffered from revenue and expense inaccuracies; (3) Tarena engaged in business transactions with organizations owned, invested in or controlled by Tarena employees or their family members, which in some instances were not properly disclosed by Tarena; (4) as a result of the foregoing, Tarena’s financial statements from 2014 through the end of Class Period were not accurate; and (5) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. Class Period:August 16, 2016 - November 1, 2019. Annuncio • Jun 23
Rosen Law Firm Files Securities Class Action Lawsuit Against Tarena International, Inc Rosen Law Firm filed class action lawsuit on behalf of purchasers of the securities of Tarena International, Inc. between August 16, 2016 and November 1, 2019, inclusive. The lawsuit seeks to recover damages for Tarena investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: certain employees were interfering with external audits of Tarena’s financial statements for certain periods; Tarena suffered from revenue and expense inaccuracies; Tarena engaged in business transactions with organizations owned, invested in or controlled by Tarena employees or their family members, which in some instances were not properly disclosed by Tarena; as a result of the foregoing, Tarena’s financial statements from 2014 through the end of Class Period were not accurate; and as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. Annuncio • May 26
Tarena International, Inc. Provides Revenue Guidance or the Second Quarter of 2021 Tarena International, Inc. provided revenue guidance or the second quarter of 2021. Based on the Company's current estimates, total net revenues for the second quarter of 2021 are expected to be in the range of RMB 570.0 million and RMB600.0 million, after taking into consideration the seasonal fluctuation factor and the likely continued impact of the COVID-19. Annuncio • May 01
Tarena to Become A Privately Held Company Post Merger in Third Quarter and Its ADSs No Longer Be Listed on the Nasdaq Global Select Market Tarena International, Inc. announced that it has entered into an Agreement and Plan of Merger with Kidedu Holdings Limited ("Parent") and Kidarena Merger Sub, a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent (the "Merger"), in a transaction implying an equity value of the Company of approximately $230.6 million. The Merger is currently expected to close during the third quarter of 2021 and is subject to customary closing conditions, including the approval of the Merger Agreement by the affirmative vote of shareholders representing at least two-thirds of the voting power of the outstanding Shares present and voting in person or by proxy at a meeting of the Company's shareholders. The Rollover Shareholders have agreed to vote all Shares they beneficially own, which represent approximately 74.8% of the voting rights attached to the outstanding Shares as of April 30, 2021, in favor of the authorization and approval of the Merger Agreement and the Merger. If completed, the Merger will result in the Company becoming a privately held company and its ADSs will no longer be listed on the NASDAQ Global Select Market. Reported Earnings • Apr 17
Full year 2020 earnings released: CN¥14.11 loss per share (vs CN¥19.41 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.90b (down 7.5% from FY 2019). Net loss: CN¥766.6m (loss narrowed 26% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Annuncio • Mar 21
Tarena International, Inc. Provides Revenue Guidance for the First Quarter of 2021 Tarena International, Inc. provided revenue guidance for the first quarter of 2021. For the quarter, the company expects total net revenues to be in the range of RMB 470 million and RMB 500 million. Reported Earnings • Mar 20
Full year 2020 earnings released: CN¥14.11 loss per share (vs CN¥19.41 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.90b (down 7.5% from FY 2019). Net loss: CN¥766.6m (loss narrowed 26% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Annuncio • Mar 06
Tarena International, Inc. to Report Q4, 2020 Results on Mar 19, 2021 Tarena International, Inc. announced that they will report Q4, 2020 results Pre-Market on Mar 19, 2021 Annuncio • Dec 12
Tarena Announces Formation of Special Committee Tarena International, Inc. announced that its board of directors has formed a special committee consisting of two independent directors, Mr. Arthur Lap Tat Wong, who will serve as the chairman of the Special Committee, and Mr. Hon Sang Lee, to evaluate and consider the previously announced preliminary non-binding acquisition proposal letter dated December 8, 2020. Annuncio • Dec 11
Tarena International, Inc. Announces Resignation of Yongji Sun as Chief Executive Officer, Effective on April 8, 2021 Tarena International, Inc. announced that Mr. Yongji Sun, director and chief executive officer of the Company, has resigned from the chief executive officer position for personal reasons, effective on April 8, 2021. Mr. Sun will remain as a director of the Company. Ms. Ying Sun, vice president of the Company, will succeed Mr. Sun as the new chief executive officer on April 8, 2021. Ms. Ying Sun has served as the vice president of the Company since December 2009. Ms. Sun joined the Company in June 2005 as the general manager of Tarena'sBeijing learning centers. Between 2007 and 2009, she was the general manager of the Company's northern region. From 1999 to 2005, Ms. Sun worked in Gloria Hotels and Resorts, serving in various sales and human resources-related roles. Ms. Sun received a bachelor's degree in tourism economics management from Dongbei University of Finance and Economics in China. Annuncio • Dec 10
Shaoyun Han made a proposal to acquire an additional 69.3% stake in Tarena International, Inc. (NasdaqGS:TEDU) from KKR China Growth Fund, L.P., fund of KKR & Co. Inc. (NYSE:KKR), and others for approximately $150 million. Shaoyun Han made a proposal to acquire an additional 69.3% stake in Tarena International, Inc. (NasdaqGS:TEDU) from KKR China Growth Fund, L.P., fund of KKR & Co. Inc. (NYSE:KKR), and others for approximately $150 million on December 8, 2020. Under the terms, Shaoyun Han will acquire all of the outstanding class A ordinary shares of Tarena International, Inc. that are not already owned by Shaoyun Han and his affiliates for a purchase price of $4 per American Depositary Share or $4 per class A ordinary share, in cash. Shaoyun Han intends to finance the acquisition with a combination of debt and equity capital. Equity financing is expected to be provided in the form of rollover equity in Tarena International and cash contributions from Shaoyun Han and third party sponsors. The proposal is subject to the execution of the definitive agreements. Tarena International expects to form a special committee of the Board, composed solely of independent and disinterested directors to consider the transaction. Is New 90 Day High Low • Dec 10
New 90-day high: €2.92 The company is up 126% from its price of €1.29 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 7.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: CN¥1.16 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: CN¥620.8m (down 5.8% from 3Q 2019). Net loss: CN¥63.0m (loss narrowed 42% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 74% per year but the company’s share price has only fallen by 48% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 13
New 90-day high: €1.82 The company is up 22% from its price of €1.49 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 17% over the same period. Annuncio • Oct 31
Tarena International, Inc. to Report Q3, 2020 Results on Nov 13, 2020 Tarena International, Inc. announced that they will report Q3, 2020 results at 9:00 AM, China Standard Time on Nov 13, 2020 Is New 90 Day High Low • Oct 26
New 90-day high: €1.78 The company is up 37% from its price of €1.30 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 19% over the same period. Annuncio • Jul 31
Tarena International, Inc. to Report Q2, 2020 Results on Aug 12, 2020 Tarena International, Inc. announced that they will report Q2, 2020 results at 9:00 AM, China Standard Time on Aug 12, 2020