Four seasons education provides updates on business operations

Shanghai, dec. 23, 2021 /prnewswire/ -- four seasons education (cayman) inc. ("four seasons education" or the "company") (nyse: fedu), a leading shanghai-based education company, today provided updates on the company's business operations following the recent regulatory developments relating to after-school tutoring services, including the opinions on further alleviating the burden of homework and after-school tutoring for students in compulsory education, published in july 2021 by the general office of the cpc central committee and the general office of the state council (the "opinion") and the related implementation rules, regulations and measures promulgated by competent authorities. as part of its efforts to fully comply with the opinion and applicable rules, regulations and measures, the company plans to cease offering tutoring services related to academic subjects to students from kindergarten through grade nine ("k-9 academic ast services") in mainland china by the end of 2021.
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