RISE Education Cayman Ltd.
We operate in China’s junior ELT market, which refers to after-school English teaching and tutoring services provided by training institutions to students aged three to 18. We are a leader in China’s junior ELT market according to Frost & Sullivan, and we ranked second in 2016 with a market share of 10.7% in terms of gross billings in the premium segment. Furthermore, in 2016, we ranked first in the junior ELT market in Beijing with a market share of 11.4% and ranked second in the junior ELT market in tier-one cities with a market share of 5.9%, both in terms of gross billings according to Frost & Sullivan.
|Address||Room 101, Jia He Guo Xin Mansion, No.15 Baiqiao Street, Guangqumennei, Dongcheng District, Beijing 100062, People’s Republic of China|
|Phone Number||+86 10-8559-9000|
|View Prospectus:||RISE Education Cayman Ltd.|
|Revenues||$126.3 mil (last 12 months)|
|Net Income||$14.4 mil (last 12 months)|
|Price range||$14.50 - $14.50|
|Est. $ Volume||$159.5 mil|
|Manager / Joint Managers||Morgan Stanley/ Credit Suisse|
|CO-Managers||UBS Securities/ HSBC|
|Expected To Trade:||10/20/2017|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|