Head of Education’s stock price closed up 47.74% on the first day of successful listing

Original title: Head of Education’s stock price closed up 47.74% on the first day of its successful listing

In the evening of June 8,Head of EducationOfficially landed in the U.S. stock market. According to data, the company rose sharply on the first day of listing and triggered a circuit breaker. As of the close, it was reported at 16.99 US dollars per share, an increase of 47.74% from the issue price of 11.5 US dollars per share, and the total market value was 2.678 billion US dollars.

　　Head of EducationFounder and CEO Zhang Yi said,Head of EducationUpholding the original intention, starting from the needs of users, we will continue to cultivate in many fields such as products, teaching and research, teachers, and services to provide users with high-quality education services. At the same time, actively fulfilling social responsibilities and continuously exerting the social value of online education has become a useful supplement to school education.

Public information shows that at present, the head of education has more than 60 million registered users, covering 600 provinces, cities and counties across the country. Based on the practice of online teaching, Master Education has launched the industry’s first high-quality teaching standards, high-level teacher standards, and “cloud supervision” quality control system and other measures to coordinate multi-dimensional coordination to output high-quality teaching that meets consumer needs and satisfies consumers service.

“At present, it is a good time to go public in the United States.” According to EqualOceanAnalystLi Wanling told a reporter from the Securities Daily that online education is still one of the more practical training methods due to the repeated epidemics. Therefore, the market can form good expectations for the valuation and development of online education. At the same time, after fierce market competition, a number of online education institutions with advantages have emerged in the online education industry. At this stage, the capital market has a more positive understanding of the online education market than before.

“Teaching effect is the key to the second half of online education.” Wu Jiajun, the co-founder of the head of education, said in an interview with a reporter from the Securities Daily: “For the education industry, the fundamental direction of competition is still the effect of education. Who can provide With better educational effects, whoever can get more user support. But it is unquestionable that the influence of technology will become greater and greater. Emerging technologies such as AI and 5G have greatly improved the content and form of education. The effect and sense of experience have pushed the development of education to a higher level.”

　　

(Source: Securities Daily)

(Editor in charge: DF545)