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Is Reese English affected by double reduction?
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The main business of Ruisi Education is children's English, which belongs to the subject training category. According to the "double reduction" policy, discipline training institutions are not allowed to go public for financing, and capitalization operation is strictly prohibited. A person related to Ruisi Education said: "The state has a clear policy and educational institutions cannot be capitalized. Reith actively responded to the call of the state and did not interfere with the stock price. I also hope to discuss compliance measures in the future to meet national requirements and return to the essence of education. "

relevant information

After the implementation of the "double reduction" policy, elite education immediately upgraded its quality education brands "Zhihui Children" and "Little Earth" and established a brand-new quality education system for elite children. The upgraded "Zhihui Children" and "Little Earth" will feature a one-stop modern quality education complex to create borderless classrooms for students.

Its courses mainly include scientific and technological literacy, language training, artistic literacy and comprehensive practice, and set up courses such as science, logic, eloquence, drama, camp research, music and art.

However, like Reith education, elite education still has not got rid of the risk of delisting. In the past two months, the share price of elite education not only failed to reach $65,438+0, but also continued to fall. As of the close of 65438+10.8 EDT, the share price of elite education fell to 0.38 USD.

It can be seen that once China's education concept stocks in the field of teaching and training are separated from the just-needed needs of discipline training, even if they successfully transform quality education, the capital market will not buy it.