Technology, Consumer Discretionary Jul 25, 2021 05:41 PM (GMT+8) · EqualOcean
According to the announcement of doushen education, the "double reduction" policy strictly restricts and regulates the nature of discipline training institutions, school running licenses, employed teachers, teacher qualification certificates, training time, training contents, training forms, training venues, training prices, marketing methods, financing methods, etc, Considering that the proportion of the company's existing big language learning service business income in the company's operating income increases year by year, the "double reduction" policy will have a significant adverse impact on the company's operating income and profit. The company will carefully analyze and study the "double reduction" policy, make effective communication and feedback with regulators and government departments, and actively conduct self-examination and rectification according to policy requirements.

This text is a result of machine translation.

Related companies：