The risk factor of Leibo Leibo is cross-border education. A few years ago, with the economic transformation of China, the situation of the education industry was hot, and many listed companies began to break through the limitations of their original businesses and do cross-border education. Capital-funded mergers and acquisitions are the tactics chosen by many listed companies when they enter the field of education. Nowadays, in the past few years, some listed companies have been stumbling to run dual main businesses, and they are still on the way to expand their education business. Some listed companies declare cross-border failure and return to the original road, and few can really become pure education companies.