お知らせ • Aug 21
NYSE to Commence Delisting Proceedings Against Meta Data Limited The New York Stock Exchange (“NYSE”, the “Exchange”) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the American depositary shares (“ADSs”), each ADS representing ten Class A ordinary shares, of Meta Data Limited (the “Company”) — ticker symbol AIU — from the NYSE. Trading in the Company’s ADSs will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to NYSE Listed Company Manual Section 802.01D, after the Company’s August 19, 2024 press release disclosure regarding the fact that the Company was ordered to be wound up by the Grand Court of the Cayman Islands on August 7, 2024, with the liquidation representing a formal insolvency process. Additionally, NYSE Regulation noted that acquisitions and disposals of the Company’s shares subject to this winding up from August 7, 2024 are only permissible subject to the provision of a validation order from the Cayman Islands Court, on request of the Company’s liquidators. In reaching its delisting determination, NYSE Regulation noted the uncertainty as to the ultimate effect of this process and these trading restrictions on the Company’s ADSs. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the ADSs upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision. Buy Or Sell Opportunity • Aug 05
Now 44% undervalued The stock has been flat over the last 90 days, currently trading at €2.55. The fair value is estimated to be €4.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Meanwhile, the company has become profitable. Board Change • Aug 02
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Mengchu Zhou is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jan 01
Full year 2022 earnings released: CN¥34.37 loss per share (vs CN¥754 loss in FY 2021) Full year 2022 results: CN¥34.37 loss per share (improved from CN¥754 loss in FY 2021). Net loss: CN¥380.9m (loss narrowed 92% from FY 2021). Board Change • Nov 17
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Mengchu Zhou is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 24
First half 2022 earnings released: EPS: CN¥0 (vs CN¥51.33 loss in 1H 2021) First half 2022 results: EPS: CN¥0 (up from CN¥51.33 loss in 1H 2021). Net loss: CN¥326.0m (loss narrowed 1.7% from 1H 2021). Reported Earnings • May 25
Full year 2021 earnings released Full year 2021 results: Revenue: CN¥3.42b (flat on FY 2020). Net loss: CN¥4.99b (loss widened CN¥4.26b from FY 2020). Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Mengchu Zhou is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. お知らせ • Mar 31
OneSmart International Education Group Limited, Annual General Meeting, Apr 28, 2022 OneSmart International Education Group Limited, Annual General Meeting, Apr 28, 2022, at 22:00 China Standard Time. Location: Company’s headquarters located at 2161 North Zhongshan Road Putuo District, Shanghai 200333, People’s Republic of China Shanghai China Agenda: To consider the reelection of directors; to approve and adopt an amendment and restatement of the company's Fifth Amended and Restated Memorandum of Association, including the change of the company's name from OneSmart International Education Group Ltd to Meta Data Limited; and to transact any such other business that may properly come before the meeting. Board Change • Feb 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Mengchu Zhou is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jan 26
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Founder, Chairman & CEO Steve Zhang is the most experienced director on the board, commencing their role in 2008. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.