Regarding whether Dapeng Education has closed down, there is no clear official notice or announcement that it has completely closed down. However, according to relevant reports and market rumors, Dapeng Education seems to be in a bad situation of insolvency and bankruptcy liquidation.
Dapeng Education is a company focusing on Internet education, which was founded on 20 13 and headquartered in Beijing. The company's main business includes the development of online teaching and online education platform in primary and secondary schools, foreign languages, vocational education and other fields.
However, since 2020, there have been many problems in the operation of Dapeng Education. First of all, more than 50% employees were laid off and the company's business was hit hard.
Secondly, investors such as Oriental Fuhai and Yingke Live disclosed the repayment and cash flow of Dapeng Education in May 2020. The disclosure results show that Dapeng Education owes as much as 800 million yuan, and it is short of funds, so it can't fulfill the repayment and interest payment to investors in time.
In addition, at the end of March, 20021,Luckin Coffee was exposed to financial fraud, which caused the company's share price to plummet, and Pengcheng Education, the parent company of Dapeng Education, was also investigated for its alleged financial fraud in the acquisition of Ruixing. It is reported that Pengcheng Education may need to pay a fine of more than 1 100 million yuan for this.
With the deterioration of financial situation, Dapeng Education had to borrow 600 million dollars to continue its life in March 20021year. But even so, the business of Dapeng Education has not improved. According to industry sources, even with this huge financing, the company's cash flow is still problematic.
Therefore, from the above facts, Dapeng education has been in a very embarrassing state. Although the official has not announced the news of its bankruptcy and complete bankruptcy, its poor operating conditions have become more and more obvious. Coupled with media attention and market concerns, the future prospects of Dapeng Education are worrying. If the situation worsens further, the company may face the risk of bankruptcy liquidation.
Generally speaking, Dapeng Education used to be a promising internet education company, but due to problems in company management, finance and investment, it was insolvent and in trouble. Although there is no official notice to confirm that it has gone bankrupt or completely closed down, consumers and investors should remain vigilant to avoid further losses.