Lixiang Education and learning Acquired Youxi Software package For The Structure of On the net Education and learning

LISHUI, China, Feb. 4, 2021 /PRNewswire/ — Lixiang Education Keeping Co., Ltd. (the “Company” orNASDAQ: LXEH), a prestigious personal key and secondary education provider supplier in China, now introduced that it has concluded the acquisition of 100% of equity fascination in Hangzhou Youxi Details Technological innovation Co., Ltd. (“Youxi Software”) for the format of online schooling of the Business.

Youxi Software was founded in 2018 and has made five program with Laptop Software program Copyright, such as among many others dwell streaming supervision system, Android are living streaming system, and Apple stay streaming procedure, etcetera. The full thing to consider of the acquisition was RMB300,000 (about $46,500) in money.

“We are happy to announce the acquisition of Youxi Program. Youxi Software’s experience in the industry of reside streaming program will be a fantastic planning for the Firm to acquire on the web education and learning for the future stage. Through the epidemic time final year, we ongoing to provide our classes to our students via online methods, and achieved quite excellent benefits. After the acquisition of Youxi Application, we will be ready to establish a lot more custom-made software package and deliver much better on the net discovering practical experience for our college students. We will also additional investigate the likelihood of making our offline programs on the internet to variety an unbiased brand of Lixiang online training,” said Mr. Biao Wei, CEO of the Enterprise.

About Lixiang Education Keeping Co., Ltd.

Started in Lishui City, China, Lixiang Education Keeping Co., Ltd. is one particular of the top rated 10 personal primary and secondary instruction establishments in Zhejiang Province. The Company’s training philosophy is to guidebook the healthful enhancement of students and to set up a strong foundation for their lifelong progression and joy. For more information, make sure you visit: www.lixiangeh.com.

Safe and sound Harbor Statement 

This press release is made up of statements that might represent “ahead-hunting” statements pursuant to the “risk-free harbor” provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. These forward-searching statements can be discovered by terminology this sort of as “will,” “expects,” “anticipates,” “aims,” “foreseeable future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Enterprise may perhaps also make created or oral forward-looking statements in its periodic reviews to the U.S. Securities and Trade Fee (the “SEC”), in its yearly report to shareholders, in push releases and other written elements, and in oral statements created by its officers, administrators, or workforce to third functions. Statements that are not historic details, including statements about the Company’s beliefs, options, and expectations, are forward-on the lookout statements. Ahead-wanting statements contain inherent hazards and uncertainties. A quantity of components could bring about precise results to differ materially from all those contained in any ahead-hunting statement, such as but not confined to the pursuing: the Firm’s techniques, long run business development, and financial issue and effects of operations the envisioned expansion of the Chinese non-public instruction market Chinese governmental guidelines relating to personal educational expert services and suppliers of this sort of companies the Company’s potential to retain and greatly enhance its brand. Even further details about these and other challenges is involved in the Firm’s filings with the SEC. All facts offered in this push launch is as of the day of this press launch, and the Corporation does not undertake any obligation to update any ahead-searching assertion, except as required below relevant legislation.

For additional info, be sure to make contact with:

Siyi Ye
Tel: +86-578-2267142
Email: [email protected]  

Source Lixiang Instruction Holding Co., Ltd.