Legal analysis: discipline training institutions are not allowed to go public for financing, and capitalization operation is strictly prohibited; A listed company may not invest in discipline training institutions through stock market financing, nor may it purchase the assets of discipline training institutions through issuing shares or paying cash. Foreign capital may not hold or participate in discipline training institutions through mergers and acquisitions, entrusted operations, joining chains or using variable interest entities. Those who have violated the rules should be cleaned up and rectified. In addition, we should vigorously rectify off-campus training institutions. The goal of rectifying off-campus training institutions is to reduce the burden on students and families, liberate students from off-campus subject tutoring, and liberate parents from sending them to school to accompany them.

Legal basis: Education Law of the People's Republic of China

Article 26 The State formulates educational development plans and establishes schools and other educational institutions.

The State encourages enterprises, institutions, social organizations, other social organizations and individual citizens to establish schools and other educational institutions according to law.

Schools and other educational institutions established by the state shall adhere to the principle of thrift.

Schools and other educational institutions organized or participated in by financial funds or donated assets shall not be established as profit-making organizations.

Article 27 The establishment of schools and other educational institutions must meet the following basic conditions:

(1) Having an organizational structure and articles of association;

(2) Having qualified teachers;

(3) Having teaching places, facilities and equipment that meet the prescribed standards;

(four) there are necessary funds for running schools and stable sources of funds.

Article 28 The establishment, alteration and termination of schools and other educational institutions shall go through the formalities of examination and approval, registration or filing in accordance with the relevant provisions of the state.