Xueda Education Acquires Dalian Tongcai Secondary Vocational Technical School, Starting a New Vocational Education Operation Journey
10/27/2022
On October 25, Xueda Education announced that Xueda Vocational Education (Beijing) Technology Co., Ltd. (hereinafter referred to as "Xueda Vocational Education"), a fully-owned subsidiary of the company, intends to hold 100% of the equity of Dalian Tongcaihui International Education Holdings Co., Ltd. (hereinafter referred to as "Dalian Tongcaihui International Education") with its capital. It also intended to indirectly hold 100% of the interests of the organizers of Dalian Tongcai Secondary Vocational Technical School and Dalian Tongcai Computer Specialized School for a consideration of 13.86 million yuan....