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Gaotu Techedu Inc. (GSX) Create: Alert

All | News | Filings
Date FiledTypeDescription
04/18/2023 6-K Quarterly results
02/28/2023 6-K Quarterly results
01/06/2023 6-K Quarterly results
11/22/2022 6-K Quarterly results
11/21/2022 6-K Quarterly results
09/08/2022 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "6-K",
"Gaotu Techedu Inc. Unaudited condensed consolidated balance sheets As of December 31, As of June 30, 2021 2022 2022 RMB RMB USD ASSETS Current assets Cash and cash equivalents 728,934 590,689 88,188 Restricted cash 168,189 764 114 Short-term investments 2,774,000 2,761,758 412,320 Inventory 15,595 24,759 3,696 Prepaid expenses and other current assets 250,068 312,887 46,713 Total current assets 3,936,786 3,690,857 551,031 Non-current assets Operating lease right-of-use assets 353,877 148,935 22,235 Property, equipment and software, net 680,009 583,133 87,059 Land use rights, net 28,178 27,775 4,147 Rental deposit 22,544 10,920 1,630 Other non-current assets 3,272 2,895 432 TOTAL ASSETS 5,024,666 4,464,515 666,534 LIABILITIES Current liabilities Accrued expenses and other current liabilitie..."
06/06/2022 6-K Quarterly results
03/09/2022 6-K Quarterly results
02/23/2022 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "6-K",
"Gaotu Techedu Announces Third Quarter of 2021 Unaudited Financial Results Beijing, February 22, 2022 —Gaotu Techedu Inc. , a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021. In July 2021, the General Office of the CPC Central Committee and the General Office of the State Council of the PRC published the “Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education.” Later in August 2021, the Beijing Municipal Committee of the Communist Party of China and the Beijing Municipality Government jointly issued the “Beijing Municipality’s Measures to Further Reduce the Burden of H..."
02/16/2022 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "6-K",
"Gaotu Techedu Provides Business Updates BEIJING, Feb. 16, 2022 /PRNewswire/ -- Gaotu Techedu Inc. , a technology-driven education company and online large-class tutoring service provider in China, today provided business updates following Beijing local government's updated regulatory requirements that after-school tutoring services for senior high school students need to strictly follow the "Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education" published in July 2021 by the General Office of the CPC Central Committee and the General Office of the State Council of the PRC. In compliance with the New Regulation, the Company will cease offering tutoring services related to academic subjects to students in senior high sch..."
11/15/2021 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"Gaotu Techedu Provides Business Updates Beijing, November 15, 2021 — Gaotu Techedu Inc. , a leading online large-class tutoring service provider in China, today provided business updates following the recent regulatory developments relating to after-school tutoring services, including the “Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education” published in July 2021 by the General Office of the CPC Central Committee and the General Office of the State Council of the PRC and the related implementation rules, regulations and measures promulgated by competent authorities . In compliance with the New Regulations, the Company will cease offering tutoring services related to academic subjects to students from kindergarten through gr..."
09/23/2021 6-K Quarterly results
08/19/2021 6-K Quarterly results
08/17/2021 6-K Quarterly results
07/26/2021 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"Gaotu Techedu Inc. Responds to Media Reports BEIJING, July 23, 2021 - Gaotu Techedu Inc. , a leading online large-class after-school tutoring service provider in China, today noted that certain English and Chinese language media outlets reported that the PRC regulators are considering a new set of regulations concerning after-school tutoring service related to school subjects taught in China's compulsory education system. The regulations have not been published, and the Company has not received official notification of the regulations. It is the Company's policy not to comment on market speculations. About Gaotu Techedu Inc. Gaotu is a technology-driven education company and online large-class after-school tutoring service provider in China. The Company offers foreign language, professiona...",
"Gaotu Techedu Inc. Provides Update on New Regulations BEIJING, July 25, 2021 - Gaotu Techedu Inc. , a leading online large-class after-school tutoring service provider in China, announced that, on July 24, 2021, China's official state media, including Xinhua News Agency and China Central Television, announced the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education , issued by the General Office of the CPC Central Committee and the General Office of the State Council. The Opinion contains high-level policy directives about requirements and restrictions related to online and offline after-school tutoring services, including, among others, institutions providing after-school tutoring services on academic subjects in China's com..."
06/07/2021 6-K Quarterly results
05/26/2021 6-K Quarterly results
05/10/2021 6-K Quarterly results
04/26/2021 6-K Quarterly results
03/31/2021 6-K Quarterly results
03/08/2021 6-K Quarterly results
12/07/2020 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Announces Private Placement Financing of US$ 870 Million BEIJING, China, December 7, 2020 — GSX Techedu Inc. , a leading online K-12 large-class after-school tutoring service provider in China, today announced that certain investors have agreed to purchase through a private placement a total of US$ 870 million of newly issued Class A ordinary shares of the Company, representing approximately 6.2% of the Company's total outstanding shares. The private placement is expected to be closed in December 2020. It is expected that the share issuances will be exempted from registration under the Securities Act of 1933, as amended, pursuant to Section 4 of the Securities Act regarding transactions not involving a public offering or Regulation S under the Securities Act. Safe Harbor Statement This..."
11/23/2020 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Announces Third Quarter 2020 Unaudited Financial Results Beijing, November 20, 2020 — GSX Techedu Inc. , a leading online K-12 large-class after-school tutoring service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2020. Third Quarter 2020 Highlights 1"
09/02/2020 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Announces Second Quarter 2020 Unaudited Financial Results"
05/07/2020 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Announces Financial Results for the First Quarter of 2020 and a Share Repurchase Program"
02/19/2020 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Announces Financial Results for the Fourth Quarter and Fiscal Year of 2019"
02/04/2020 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Purchases Commercial Real Estate in Zhengzhou, China Beijing, China, January 31, 2020 — GSX Techedu Inc. , a leading online K-12 large-class after-school tutoring service provider in China, today announced that it has recently closed the purchase of several plots of commercial real estate in the Economics Development Area of Zhengzhou, Henan Province, for a total consideration of RMB333.8 million. GSX has made the first installment payment of RMB69 million, and expect to complete the payment of the remaining installments within the next 3 years. Such commercial real estate includes two completed office buildings and one office building in construction. GSX plans to use these premises for business operating functions. They expect to begin business operations in these office buildings in..."
12/20/2019 6-K Quarterly results
11/22/2019 6-K Quarterly results
11/19/2019 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Techedu Inc. Announces Proposed Registered Secondary Public Offering of American Depositary Shares BEIJING, China, November 18, 2019 /PRNewswire/ — GSX Techedu Inc. , a leading online K-12 large-class after-school tutoring service provider in China, today announced the commencement of a proposed registered underwritten public offering by certain selling shareholders of American depositary shares , every three ADSs representing two Class A ordinary shares of the Company. The selling shareholders propose to offer an aggregate of 15,000,000 ADSs . The underwriters in the ADS Offering have a 30-day option to purchase up to 2,250,000 additional ADSs from the selling shareholders. The Company will not receive any proceeds from the sale of the ADSs by the selling shareholders. Credit Suisse S..."
11/07/2019 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Techedu Inc. Announces Unaudited Financial Results for the Third Quarter of 2019"
08/23/2019 6-K Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
Docs: "FORM 6-K",
"GSX Techedu Inc. Announces Unaudited Financial Results for the Second Quarter of 2019"

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