Profile: Xueda Education Group (XUE.N)
Xueda Education Group, incorporated on April 24, 2009, is a holding company. The Company, through its subsidiaries, is engaged in providing tutoring services for primary and secondary school students in China with a focus on offering personalized tutoring services. The Company has developed and implemented a results-oriented, student-centric service delivery model. Its service model features personalized tutoring services tailored to each of its students' needs and preferences and delivered by a team of full-time service professionals primarily through one-on-one tutoring. The Company’s brand name in China's tutoring sector is Xueda. Its wholly owned subsidiaries include Xuecheng Century (Beijing) Information Technology Co., Ltd. (Xuecheng Century) and China Xueda Corporation Limited (Xueda Hong Kong).
As of June 30, 2010, the Company conducted its operations in China through Xuecheng Century, as well as through a series of contractual arrangements with Beijing Xueda Information Technology Co., Ltd. (Xueda Information). As of June 30, 2010, the Company operated 157 learning centers in the People’s Republic of China, through Xueda Information’s 36 wholly owned subsidiaries and 45 private tutoring schools. As of June 30, 2010, the Company operated in 44 cities, including Beijing, Guangzhou, Shanghai, Tianjin, Shenzhen, Chongqing, Nanjing and Wuhan. During the year ended December 31, 2009, the Company served approximately 54,100 students. During 2009, the course hours delivered by the Company include 3.9 million hours.
The Company competes with Ambow Education Holdings Ltd., Xueersi International Education Group, Inc. and New Oriental Education & Technology Group, Inc.
Xueda Education Group
A-4 Xibahe Beili, Chaoyang Distr
BEIJING BEJ 100028