FOUR SEASONS EDUCATION

Four Seasons Education is the largest after-school math tutoring service provider for elementary school students in Shanghai, as measured by gross billings and number of students, according to the Frost & Sullivan Report. We offer our education through three sets of programs: standard programs, personalized Ivy programs and an assortment of special programs, including competition workshops and courses delivered in K-12 schools. We derive our revenues primarily from tuition collected from our education services.