We are a premium private education service provider located in the Yangtze River Delta, China and a leading provider of Spanish tutorial services in China according to the Industry Report. Established in 1997 and headquartered in Shanghai, China, we have over 23 years of experience in providing educational services that focus on the development of each of our student’s strengths and potential, and promotion of his or her life-long skills and interests in learning. Through our subsidiaries and VIEs, we operate one premium primary private school, one premium secondary private school, three tutorial centers for children and adults, one educational company that partners with high schools to offer their students language classes, and one logistics company that provides logistic services to our schools and tutorial centers.
For the years ended September 30, 2019 and 2020, 45% and 46% of our total revenue was generated from our premium primary and secondary private schools, Ouhai Art School and Chongwen Middle school, respectively. Premium private schools in China, including our primary and secondary schools, offer higher quality education, more advanced educational facilities and a generally more satisfying learning environment to students through higher tuition fees than non-premium or mass market private schools. Ouhai Art School has been offering quality primary school education to our students since 1997. Besides academic courses, we place great emphasis on cultivating students’ artistic quality, believing that students benefit greatly from early exposure to art and music. Chongwen Middle School offers middle school program to students. Chongwen Middle School covers approximately 3 acres of land with garden-like design, and is equipped with advanced facilities, including designated classrooms for extracurricular courses such as calligraphy, art, dance and Chinese classics, and cafeteria with self-ordering system for students and teachers. The curricula offered at these two premium primary and secondary private schools are based on courses mandated by the PRC regulatory authorities, but are further optimized through our own research and development efforts to suit the learning ability and needs of our students. In 2016, we were recognized as one of the Top 10 Renowned Education Brands in Private Education, an award issued every five years by the China Private Educationist Association.
For the years ended September 30, 2019 and 2020, 52% and 49% of our total revenue was generated from our tutorial centers, respectively. Each of our three tutorial centers focuses on different groups of targeted students by offering different tutorial programs. Yangfushan Tutorial offers Gaokao repeater tutorial program to high school students who retake Gaokao. Yangfushan Tutorial, by contract, is also entrusted to offer high school program education to students of Central Radio & Television Secondary Specialized School. Hongkou Tutorial offer various English and other foreign language tutorial programs and Gaokao and Zhongkao repeater tutorial programs to individual students as well as companies and other organizations. Jicai Tutorial offers non-English foreign language tutorial programs to individual students, companies and other organizations. Our courses offered to repeaters are specifically designed and exam-oriented to ensure their success in the upcoming Gaokao or Zhongkao. As for foreign language tutoring, we offer English, Spanish, German, French and Japanese courses for our students who intend to study abroad for higher education, for individuals seeking jobs that require certain proficiency in these languages, or for companies or organizations whose workers need to have certain proficiency in these languages.
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We are a premium private education service provider located in the Yangtze River Delta, China and a leading provider of Spanish tutorial services in China according to the Industry Report. Established in 1997 and headquartered in Shanghai, China, we have over 23 years of experience in providing educational services that focus on the development of each of our student’s strengths and potential, and promotion of his or her life-long skills and interests in learning. Through o More
