Why This China-Based Education Company Embraces Government Policy
Four Seasons Education is the latest Chinese education company to tap the U.S. market, making its debut on the New York Stock Exchange Wednesday.
While the stock finished the day below its $10 IPO price, chief financial officer and board member Joanne Zuo sees opportunities for growth ahead.
The executive points out that most of the big players in Chinese education each concentrate in different segments so aren't directly competing with one another. Four Seasons, for example, is focused on math. And as a result, Zuo says they're not crowding each other out of the market and predicts more will go public.
“There remains huge room for young companies like us,” she said.
Consulting firm Deloitte recently described the Chinese education market as entering a “golden age.” The company noted that, since 2015, there’s been a stream of social capital invested in the industry, whether through private fundings or mergers and acquisitions.
“Open policies, economic development, and international culture communication has gradually increased the foreign capital flow into China's education industry,” the firm said in a statement.
And the country's tight policies and strict government regulations may actually benefit the company in the long run, says Zuo.
“The government enhances the requirements for compliance, and that will help us to gain more market share from those small players, who don’t really provide good facilities for students,” she said.
Orangetheory Brand President Lauren Cody on the fitness industry's shift from chasing aesthetics to prioritizing longevity and measurable health and wellness.
Peachtree Group CEO Greg Friedman breaks down the Fed's rate decision and the Senate's housing affordability bill and what it means for commercial real estate.
Nodi is giving kids a safe way to stay connected before they're ready for a smartphone. CEO Pascal Leonard Blum breaks down how the device works for families.
From coast to coast, gas prices are telling different stories. AAA's Aixa Diaz explains what's behind the numbers and what it means for American drivers.
AutoStore’s CPO Parth Joshi explains its new AI software layer designed to optimize warehouse robots in real time and unlock smarter, more efficient fulfillment
ROC CEO B. Scott Swann joins us live from the NYSE to discuss the company's IPO and how VisionAI is transforming facial recognition for defense and security.