Tian Yuan Law Firm has represented Offcn Education Technology, a private training firm with a market value of over $10 billion (70 billion RMB), on its $ 2.7 billion (18.5 billion RMB) Shenzhen initial public offering.
Offcn provides online and offline training for applicants of China’s annual civil service, accounting, and postgraduate entrance exams, among others.
Tian Yuan has advised many clients in private education sector on their IPOs, investment & financing, and merger & acquisition, including New Oriental Educations & Technology Group, China’s first Nasdaq IPO in private education sector; Maple Leaf Education Systems, China’s first Hong Kong IPO in private education sector, and TAL Education Group, China’s private education IPO with the highest market value so far.
Offcn, which was merged into a listed company Yaxia Automobile, is China’s first backdoor listing for Chinese private education firms on China’s A-Share market and promised a total profit of 3.88 billion RMB in the 2018-2020 period.
The team was led by Beijing partners Quanxiong Wu and Yan Zhang.
天元助力中公教育圆满完成27亿美元借壳上市并登陆资本市场
天元律师事务所助力北京中公教育科技股份有限公司登陆A股,本次交易金额约为27亿美元(185亿元)。目前该公司市值突破100亿美元(700亿元)。
中公教育是国内最早从事非学历职业就业培训的企业之一,目前在全国拥有600多家分子公司,已经成为规模最大、全国领先的非学历职业就业培训企业。
天元协助众多优秀的民办教育客户完成IPO、投融资和并购项目,其中成就了教育行业美股第一股新东方、港股第一股枫叶教育、迄今最高市值的好未来,等等。
中公教育借壳亚夏汽车股,成为国内A股第一个通过借壳上市的教育企业。中公教育2018-2020年承诺利润合计达到38.8亿元。
天元担任中公教育重组上市的专项法律顾问,团队由合伙人吴冠雄、张剡主导。
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