Zhonggong Education Group was established in 1999. After a period of painstaking development, Zhonggong Education has developed from an information technology and education service institution with independent graduates from Peking University as the main body to a comprehensive enterprise group in the education service industry.
It has become a large-scale knowledge industry entity integrating face-to-face teaching and training, online school distance education, publishing and distributing books, teaching materials and audio-visual products. Zhonggong Education Group is a modern vocational education institution covering a wide city, with many full-time teachers and large-scale public vocational training.
Public education in China is caught in a storm of fee refund.
Behind this is the capital chain problem caused by the continuous loss of the company's performance. Since last June 1 1, the actual controller of the company, Lu He, has been busy transferring shares and raising funds to support the development of public education in China.
On February 6th, faced with the storm of investors' consultation and fee refund, Zhonggong Education said that with the relief of the epidemic, the company's business resumed rapidly, and the company was actively raising funds to solve the problem of fee refund as soon as possible.
On April 29th, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting to analyze and study the current economic situation and work, and review the national talent development plan during the Tenth Five-Year Plan period.
The meeting pointed out that the preparation of the national talent development plan during the Tenth Five-Year Plan is an important task deployed by the CPC Central Committee, a concrete measure to implement the spirit of the Central Talent Work Conference, and an important special plan of the National Tenth Five-Year Plan.
On May 1 day, the new vocational education law came into effect. The new "Vocational Education Law" emphasizes that vocational education is an education type with the same important position as general education, and mentions that the state gives financial, fiscal and land support and tax incentives to enterprises deeply involved in the integration of production and education and school-enterprise cooperation.
The policy logic is very clear, and encouragement is the mainstay, which means that the development of the sector is welcoming the opportunities of the times. According to Jost Sullivan's data, the market size of non-academic vocational education and training industry in China has increased from120.5 billion yuan in 20 16 years to 202.6 billion yuan in 2020, with a compound annual growth rate of 13.9%, and it is expected to reach 344.5 billion yuan in 2026, with a compound annual growth rate of 9.3%.