YQ 17 Education and Technology Group ADS (N Shares)

17 Education & Technology Group Inc. Files Its Annual Report on Form 20-F

17 Education & Technology Group Inc. Files Its Annual Report on Form 20-F

BEIJING, April 09, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced that it filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission (the “SEC”) on April 9, 2021. The annual report can be accessed on the Company’s investor relations website at as well as on the SEC’s website at

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to .

About 17 Education & Technology Group Inc.

17 Education & Technology Group Inc. is a leading education technology company in China with an “in-school + after-school” integrated model. The Company provides a smart in-school classroom solution that delivers data-driven teaching, learning and assessment products to teachers, students and parents, covering over 70,000 K-12 schools in 2020.

Leveraging the Company’s in-school leadership, 17EdTech offers online K-12 large-class after-school tutoring services that complement students’ in-school learning. Powered by its integrated model and technology, 17EdTech’s online K-12 large-class after-school tutoring courses stand out in terms of its unique approach to personalization, realized through a data-driven understanding of individual students’ in-school performance, as well as district-level localized insights.

For investor and media inquiries, please contact:

17 Education & Technology Group Inc.

Mr. Raymond Huang

E-mail:

Christensen

In China

Mr. Eric Yuan

Phone: 39

E-mail:

In US

Ms. Linda Bergkamp

Phone:

E-mail:



EN
09/04/2021

Underlying

Reports on 17 Education and Technology Group ADS (N Shares)

 PRESS RELEASE

17 Education & Technology Group Inc. Announces Fourth Quarter and Fisc...

17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results BEIJING, March 21, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2023. Fourth Quarter 2023 Highlights1 Net revenues were RMB47.3 million (US$6.7 million), compared with net revenues of RMB39.6 million in the fourth quarter of 2022.Gross margin was 43.4%, compared with 5...

 PRESS RELEASE

17 Education & Technology Group Inc. to Report Fourth Quarter and Fisc...

17 Education & Technology Group Inc. to Report Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results on March 20, 2024 BEIJING, March 15, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on March 20, 2024 after the close of U.S. markets. The Company’s management will hold an earnings conference call on Wednesday, March 20, 2024 at 9:00 p.m. U.S...

 PRESS RELEASE

17EdTech Has Regained Compliance with Nasdaq’s Minimum Bid Price Requi...

17EdTech Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated January 4, 2024, indicating that the Company has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) and the matter is closed. ...

 PRESS RELEASE

17 Education & Technology Group Inc. Announces Plan to Implement ADS R...

17 Education & Technology Group Inc. Announces Plan to Implement ADS Ratio Change BEIJING, Dec. 13, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio”), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to ten (10) Class A ordinary shares to a new ADS Ratio of one (1) ADS to fifty (50) Class A ordinary shares, effective on or...

 PRESS RELEASE

17 Education & Technology Group Inc. Announces Third Quarter 2023 Unau...

17 Education & Technology Group Inc. Announces Third Quarter 2023 Unaudited Financial Results BEIJING, Dec. 07, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2023. Third Quarter 2023 Highlights1 Net revenues were RMB45.1 million (US$6.2 million), compared with net revenues of RMB124.6 million in the third quarter of 2022.Gross margin was 54.1%, compared with 74.5% in the third quarter of 2022.Net los...

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