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17 Education & Technology Group Inc. Files Its Annual Report on Form 20-F

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17 Education & Technology Group Inc. (NASDAQ: YQ) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the SEC. The report includes audited financial statements and can be accessed on the company's investor relations website and the SEC's website. Shareholders and ADS holders can request a hard copy of the report for free.
17 Education & Technology Group Inc. (NASDAQ: YQ) ha presentato il suo rapporto annuale sul modulo 20-F per l'anno fiscale conclusosi il 31 dicembre 2023, alla SEC. Il rapporto include i bilanci controllati e può essere consultato sul sito web di relazioni con gli investitori della società e sul sito web della SEC. Gli azionisti e i possessori di ADS possono richiedere una copia cartacea del rapporto gratuitamente.
17 Education & Technology Group Inc. (NASDAQ: YQ) ha presentado su informe anual en el formulario 20-F para el año fiscal que terminó el 31 de diciembre de 2023, ante la SEC. El informe incluye los estados financieros auditados y está disponible en el sitio web de relaciones con inversores de la compañía y en el sitio web de la SEC. Los accionistas y los titulares de ADS pueden solicitar una copia impresa del informe sin costo alguno.
17 Education & Technology Group Inc. (NASDAQ: YQ)는 2023년 12월 31일로 끝난 회계 연도에 대한 20-F 양식의 연례보고서를 SEC에 제출했습니다. 보고서에는 감사된 재무제표가 포함되어 있으며, 회사의 투자자 관계 웹사이트와 SEC의 웹사이트에서 접근할 수 있습니다. 주주 및 ADS 보유자는 무료로 보고서의 인쇄본을 요청할 수 있습니다.
17 Education & Technology Group Inc. (NASDAQ: YQ) a déposé son rapport annuel sur le formulaire 20-F pour l'exercice clos le 31 décembre 2023 auprès de la SEC. Le rapport comprend les états financiers audités et est accessible sur le site web des relations investisseurs de la société et sur le site web de la SEC. Les actionnaires et les détenteurs d'ADS peuvent demander une copie papier du rapport gratuitement.
17 Education & Technology Group Inc. (NASDAQ: YQ) hat seinen Jahresbericht auf Formular 20-F für das am 31. Dezember 2023 beendete Geschäftsjahr bei der SEC eingereicht. Der Bericht umfasst geprüfte Finanzberichte und ist auf der Website für Investor Relations des Unternehmens sowie auf der Website der SEC zugänglich. Aktionäre und Inhaber von ADS können kostenlos eine gedruckte Kopie des Berichts anfordern.
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The submission of the Form 20-F by 17 Education & Technology Group Inc. is an essential disclosure that gives investors a comprehensive overview of the company's financial health. This document includes audited financial statements which are critical in assessing the company's profitability, liabilities, assets and cash flows. Reviewing the year-over-year changes in these statements could highlight trends such as increasing revenue or widening profit margins, which are indicators of a company's growth trajectory. Conversely, if we observe an uptick in liabilities or a decrease in cash flow, it could raise concerns about the sustainability of the company's operations. These details are vital for shareholder decision-making.

From a market standpoint, the education technology sector in which 17EdTech operates is highly competitive and sensitive to regulatory changes, especially in the Chinese market. The release of the Form 20-F might provide insights into how 17EdTech is navigating regulatory environments and maintaining its competitive edge. In evaluating the report, stakeholders should look for strategic initiatives that the company has undertaken in response to market demands and challenges. It's worth analyzing any disclosed risks and the company's strategy to mitigate them as these factors could influence investor sentiment and the stock's performance.

BEIJING, April 25, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the “SEC”) on April 25, 2024. The annual report can be accessed on the Company’s investor relations website at https://ir.17zuoye.com as well as on the SEC’s website at http://www.sec.gov.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to ir@17zuoye.com.

About 17 Education & Technology Group Inc.

17 Education & Technology Group Inc. is a leading education technology company in China, offering smart in-school classroom solution that delivers data-driven teaching, learning and assessment products to teachers, students and parents. Leveraging its extensive knowledge and expertise obtained from in-school business over the past decade, the Company provides teaching and learning SaaS offerings to facilitate the digital transformation and upgrade at Chinese schools, with a focus on improving the efficiency and effectiveness of core teaching and learning scenarios such as homework assignments and in-class teaching. The product utilizes the Company’s technology and data insights to provide personalized and targeted learning and exercise content that is aimed at improving students’ learning efficiency.

For investor and media inquiries, please contact:

17 Education & Technology Group Inc.
Ms. Lara Zhao
Investor Relations Manager
E-mail: ir@17zuoye.com


FAQ

When did 17 Education & Technology Group Inc. file its annual report on Form 20-F?

17 Education & Technology Group Inc. filed its annual report on Form 20-F on April 25, 2024.

Where can investors access the annual report filed by 17 Education & Technology Group Inc.?

Investors can access the annual report filed by 17 Education & Technology Group Inc. on the company's investor relations website and the SEC's website.

How can shareholders and ADS holders request a hard copy of the annual report from 17 Education & Technology Group Inc.?

Shareholders and ADS holders can request a hard copy of the annual report from 17 Education & Technology Group Inc. by submitting requests to ir@17zuoye.com.

What is the ticker symbol for 17 Education & Technology Group Inc.?

The ticker symbol for 17 Education & Technology Group Inc. is YQ.

17 Education & Technology Group Inc. American Depositary Shares

NASDAQ:YQ

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Elementary and Secondary Schools
Educational Services
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United States of America
Beijing

About YQ

17zuoye is a top online education company for k12 schools in china that allows teachers to assign provincial standards-aligned digital activities to students. it has one of the most refreshing and innovative approaches to online learning in china, leveraging games to engage students and encourage better learning outcomes. 17zuoye is dedicated to providing intelligent education resources and services to teachers, students and parents. 17zuoye was launched in oct 2011, and by june 2016, it covers over 20 million registered students in over 20,000 schools, and has completed series d financing round of $100 million. 17zuoye offers a multi-platform homework solution that is in sync with the textbook curriculum and enhanced by big data analytics. 17zuoye provides the teachers with good teaching tools and comprehensive statistics, the students with interesting learning apps and individualized adaptive learning content, and the parents with immediate study reports. 17zuoye also acts as a socia