BEIJING, Nov. 18, 2020 /PRNewswire/ -- Puxin Limited (NYSE: NEW) ("Puxin" or the "Company"), a successful consolidator of the after-school education industry in China, today announced that Mr. Yun Xiao has resigned as the Company's Chief Operating Officer due to personal reasons.
Mr. Yunlong Sha, Chairman and Chief Executive Officer, commented, "We greatly value Yun's contributions to Puxin during his journey with the Company and wish him success in all his future endeavors. Puxin will further implement our Online-Merge-Offline strategy nationwide to expand student outreach. We will dedicate ourselves to continued profitable growth."
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About Puxin Limited
Puxin Limited (NYSE: NEW, "Puxin" or the "Company") is a successful consolidator of the after-school education industry in China. Puxin has a strong acquisition and integration expertise to effectively improve education quality and operational performance of acquired schools. Puxin offers a full spectrum of K-12 and study-abroad tutoring programs designed to help students achieve academic excellence, as well as prepare for admission tests and applications for top schools, universities and graduate programs in China and other countries. The Company has developed a business model effectively combining strategic acquisitions and organic growth achieved through successful post-acquisition integration, which has differentiated the Company from other after-school education service providers in China. For more information, please visit http://www.pxjy.com/.
Institutional Capital Advisory (ICA)
Mr. Kevin Yang
SOURCE Puxin Limited