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

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BEIJING, April 09, 2021 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced that it filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission (the “SEC”) on April 9, 2021. 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 with an “in-school + after-school” integrated model. The Company provides a smart in-school classroom solution that delivers data-driven teaching, learning and assessment products to teachers, students and parents, covering over 70,000 K-12 schools in 2020.

Leveraging the Company’s in-school leadership, 17EdTech offers online K-12 large-class after-school tutoring services that complement students’ in-school learning. Powered by its integrated model and technology, 17EdTech’s online K-12 large-class after-school tutoring courses stand out in terms of its unique approach to personalization, realized through a data-driven understanding of individual students’ in-school performance, as well as district-level localized insights.

For investor and media inquiries, please contact:

17 Education & Technology Group Inc.
Mr. Raymond Huang
E-mail: ir@17zuoye.com

Christensen
In China
Mr. Eric Yuan
Phone: +86-138-0111-0739
E-mail: Eyuan@christensenir.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: lbergkamp@christensenir.com


17 Education & Technology Group Inc. American Depositary Shares

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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