Welcome to our dedicated page for 17 Education & Technology Group SEC filings (Ticker: YQ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
17 Education & Technology Group Inc. filings document a foreign private issuer operating an education technology business in China. Its Form 6-K current reports furnish quarterly and annual unaudited financial results, including revenue, gross margin, net loss, adjusted net loss, and share-based compensation measures, alongside press releases on governance changes such as finance leadership appointments.
The company also reports through annual Form 20-F filings that include audited financial statements. The filing record frames the business around smart in-school classroom solutions, data-driven teaching, learning, and assessment products, teaching and learning SaaS for Chinese schools, and SEC compliance for a Nasdaq-listed foreign issuer.
17 Education & Technology Group Inc. reported that Future Glory Technology Holdings Limited, a British Virgin Islands entity through which Mr. Andy Chang Liu has indirect economic interests via the Sunny Trust, purchased 5,830 American depositary shares (ADSs) on July 31, 2026 at $1.8898 per ADS in a purchase in open market or private transaction. Following this, Future Glory Technology Holdings Limited held 54,957 ADSs indirectly, while Liu Chang also reported 222 ADSs held directly. Each ADS represents 50 Class A ordinary shares of the company. The reporting person did not select the checkbox indicating the transaction was made under a Rule 10b5-1 trading plan.
17 Education & Technology Group Inc. director, chief executive officer and 10% owner Liu Chang reported a series of non-derivative acquisitions of American depositary shares (ADS) of YQ in late July 2026. On 30 July 2026, an open-market or private transaction purchase of 500 ADS was reported at $1.8628 per ADS.
From 22 to 29 July 2026, additional small acquisitions under Rule 16a-6 ranged from 243 ADS to 2,420 ADS per day at prices between $2.0634 and $2.2568 per ADS, all held indirectly through Future Glory Technology Holdings Limited. Liu Chang also reports 222 ADS held directly as of 22 July 2026. Each ADS represents 50 Class A ordinary shares with a par value of US$0.0001 per share.
Liu Chang, Chief Executive Officer, director and 10% owner of 17 Education & Technology Group Inc., reported purchasing 9,287 American depositary shares (ADS) on 2026-07-21 at $2.1696 per ADS. The ADS are held indirectly through Future Glory Technology Holdings Limited, bringing his reported indirect holdings to 44,214 ADS, alongside 222 ADS held directly. Each ADS represents fifty Class A ordinary shares. The filing indicates this trade was not made pursuant to a Rule 10b5-1 trading plan.
Liu Chang, Chief Executive Officer and 10% owner of 17 Education & Technology Group Inc., reported indirect acquisitions of American depositary shares in July 2026. The largest was a 7,633 ADS open-market purchase at 2.0813 per ADS on July 17, resulting in indirect holdings of 34,927 ADS held via Future Glory Technology Holdings Limited, alongside 222 ADS held directly. Each ADS represents 50 Class A ordinary shares.
17 Education & Technology Group Inc. reported insider activity involving American depositary shares (ADSs). An entity associated with Chief Executive Officer Liu Chang, Future Glory Technology Holdings Limited, made an open-market purchase of 18,988 ADSs at $2.1989 per ADS. The filing also shows two small additional acquisitions under Rule 16a-6 and a direct holding of 222 ADSs, indicating both indirect and direct positions in the company’s ADSs.
17 Education & Technology Group Inc. reported strong unaudited results for the first quarter of 2026, with net revenues of RMB99.5 million, a 359.0% year-over-year increase driven mainly by its Yiqi Aixue AI learning application and district- and school-level projects.
Gross margin improved to 61.9% from 36.2%, while net loss narrowed to RMB19.4 million and adjusted net loss (non-GAAP) to RMB15.1 million. Net loss as a percentage of net revenues shrank to negative 19.5%, and the company ended March 31, 2026 with RMB352.4 million in cash, restricted cash and term deposits.
17 Education & Technology Group Inc. changed its independent registered public accounting firm, dismissing Deloitte Touche Tohmatsu and appointing Marcum Asia CPAs LLP, effective May 27, 2026.
Deloitte’s audit reports for 2024 and 2025 had clean opinions, with no adverse or qualified remarks, and the company reports no disagreements or reportable events with Deloitte through May 27, 2026.
The company also states it did not consult Marcum Asia on accounting or auditing issues before the appointment, and it has filed Deloitte’s confirmation letter to the SEC as an exhibit.
17 Education & Technology Group Inc., a Cayman Islands holding company listed on Nasdaq via ADSs, files its annual report detailing operations conducted in mainland China through subsidiaries and variable interest entities (VIEs). As of December 31, 2025, it had 542,229,838 ordinary shares outstanding and consolidated third-party net revenues of RMB106,024 thousand, almost all generated by the VIEs and their subsidiaries.
The group reported a consolidated net loss of RMB154,416 thousand for 2025 and shows significant intercompany balances between the holding company, PRC subsidiaries and VIEs. It highlights extensive use of contractual arrangements to control the VIEs, substantial PRC restrictions on dividend payments and cash transfers, and notes that PRC legal, regulatory and data‑security changes, as well as potential actions under the HFCAA, could materially affect operations and the value of its ADSs.
17 Education & Technology Group Inc. reported fourth quarter and full-year 2025 unaudited results showing improving margins but sharply lower annual revenue and continued losses. Fourth quarter 2025 net revenues were RMB38.9 million, up 6.4% year over year, with gross margin rising to 46.1% from 33.6%. Quarterly net loss narrowed to RMB53.0 million from RMB63.7 million, though adjusted net loss (non-GAAP) widened slightly to RMB44.1 million. For 2025, net revenues fell to RMB106.0 million from RMB189.2 million, while gross margin improved to 47.8% from 36.6%. Full-year net loss decreased to RMB154.4 million from RMB192.9 million, and adjusted net loss (non-GAAP) improved to RMB123.6 million from RMB131.0 million. Cash, restricted cash and term deposits increased to RMB407.0 million as of December 31, 2025, compared with RMB359.3 million a year earlier.
17 Education & Technology Group Inc. has formally appointed Ms. Sishi Zhou as its Chief Financial Officer, effective immediately, elevating her from the Acting CFO role she has held since June 2025. The move confirms her leadership over the company’s financial reporting, business analysis, budgeting, compliance, treasury, and taxation.
Ms. Zhou also leads the strategy department, overseeing strategic planning and key corporate initiatives, which ties finance directly to long-term business goals. She joined the company in December 2020 and previously held strategic finance roles at Shell plc (China), senior finance manager positions at multiple organizations, and worked as a senior auditor at PwC Zhong Tian CPAs LLP.