Profile: TAL Education Group (TAL)
14 Dec 2017
TAL Education Group, incorporated on January 10, 2008, is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People's Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company offers tutoring services to K-12 students covering academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English and Chinese. As of February 29, 2016, its educational network consisted of 363 learning centers and 292 service centers in 25 cities throughout China, with approximately half of these learning centers and service centers located in Beijing and Shanghai, as well as its online courses and online education platform.
The Company operates a Website, www.jzb.com, which is an online education platform in China. The Website, www.jzb.com, serves as a gateway to its online courses, primarily through its Website, www.xueersi.com and other Websites dedicated to specific topics and offerings, including college entrance examinations, high school entrance examinations, graduate school entrance examinations, preschool education, mathematics, English, Chinese composition, and raising infants and toddlers. It offers educational content through mobile applications.
The Company's Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter. Xueersi Peiyou small classes have a maximum of 15 to 35 students per class for different grade levels. As of February 29, 2016, 241 of the Company's 363 learning centers, and 209 of its 292 service centers around the nation offered Xueersi Peiyou small classes. The Company's Mobby small classes have 12 to 16 children per class, and are focused on thinking development for young learners aged from two to twelve through the learning of mathematics. As of February 29, 2016, five of its learning centers and five of its service centers offered Mobby small classes.
The Company's Firstleap Education provides all-subject small-class tutoring in English to students of ages from two to fifteen. Firstleap small classes have over 10 students per class. It also organizes overseas trips for its students as a part of Firstleap services. As of February 29, 2016, the Firstleap business is carried out through Lebai Education and its subsidiaries and schools, which offered Firstleap small classes at 41 of its learning centers. The Firstleap business is also carried out through franchisees that are located in lower-tier cities and operate their own learning centers not within its network. The Company offers Intelligent Classroom System (ICS), which is a classroom teaching solution used in small-class instruction.
Personalized Premium Services
The Company offers personalized premium services under its Zhikang brand. As of February 28, 2016, its Zhikang network included 76 learning centers and 78 service centers in Beijing, Shanghai, Tianjin, Shenzhen, Wuhan, Hangzhou, Nanjing, Xi'an, Chengdu, Zhengzhou and Suzhou. Its personalized premium services provide customized curricula and course materials, and schedules to suit each student's educational focus in a one-on-one student-teacher setting. Its personalized premium services cater to the specific requirements of its students, such as addressing weaknesses in particular subjects or topics, providing examination or competition preparation and tailoring the pace of learning to accommodate above- or below-average learning curves.
The Company offers online courses through www.xueersi.com. Through www.xueersi.com, the Company offers online courses on mathematics, English, Chinese, physics, chemistry, biology and other subjects. It also offers select online courses through other Websites.
The Company has over 10 call centers in Beijing, Shanghai, Tianjin, Guangzhou and Shenzhen. The main functions of its call centers include receiving enquiries, accepting registrations to small classes, addressing course-related issues and facilitating communication with students for its center-based offerings and the parents of students. In addition, the online platform provides a channel for students and parents to submit study questions to its subject experts.
The Company competes with New Oriental Education & Technology Group Inc. and Xueda Education Group.
TAL Education Group
12/F, Danling SOHO,
Danling Avenue 6,Haidian Distric
BEIJING BEJ 100080