Consumer Discretionary Jan 29, 2021 12:01 PM (GMT+8) · EqualOcean
Yiou announced on January 29 that it has recently acquired Isee Cinderella children's art center with a valuation of about 400 million yuan. The reason is that the basketball training class, which was founded in Harbin in 2011, has developed and expanded. Its physical education categories include basketball, tennis, badminton, etc. Isee Cinderella, the acquired party, is an educational institution focusing on the cultivation and improvement of children's comprehensive artistic quality. The course contents include ballet dance and creative painting. After the merger and integration, it is expected to become the largest company in the field of sports and art education, with nearly 200000 students, 700 teaching places and 4000 employees.