Gaotu Files 2022 Annual Report on Form 20-F

Rhea-AI Summary

Gaotu Techedu Inc. (NYSE: GOTU), a leading online education provider in China, submitted its annual report on Form 20-F for the fiscal year ending December 31, 2022, to the U.S. Securities and Exchange Commission.

The report includes audited financial statements along with management's discussion and analysis. Shareholders can request a hard copy of the report, which provides insights into the company's financial performance and operational strategies.

Gaotu employs an online large-class format for its educational services, utilizing big data analytics to enhance teaching delivery and operational efficiency.

BEIJING, April 18, 2023 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended December 31, 2022. The annual report on Form 20-F is available on the Company's investor relations website at https://ir.gaotu.cn/.

The annual report contains audited financial statements, management's discussion and analysis and other disclosures.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Gaotu Techedu Inc., 5F, Gientech Building, 17 East Zone, 10 Xibeiwang East Road, Haidian District, Beijing 100193, People's Republic of China.

About Gaotu Techedu Inc.

Gaotu is a technology-driven education company and online large-class tutoring service provider in China. The Company offers learning services and educational content & digitalized learning products. Gaotu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in China. Big data analytics permeates every aspect of the Company's business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency.

For further information, please contact:

Gaotu Techedu Inc.
Investor Relations
E-mail: ir@gaotu.com

Christensen

In China
Ms. Vivian Wang
Phone: +852 2232 3978
E-mail: gotu@christensencomms.com

In the US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com

View original content:https://www.prnewswire.com/news-releases/gaotu-files-2022-annual-report-on-form-20-f-301800061.html

SOURCE Gaotu Techedu Inc.

FAQ

What is the significance of the Form 20-F filed by Gaotu Techedu Inc. on April 18, 2023?

The Form 20-F submission is significant as it contains Gaotu's audited financial statements and management's discussion for the fiscal year ended December 31, 2022, providing essential insights into the company's financial health.

Where can I access Gaotu Techedu Inc.'s annual report filed on Form 20-F?

You can access Gaotu Techedu Inc.'s annual report on Form 20-F through their investor relations website at https://ir.gaotu.cn/.

What kind of educational services does Gaotu Techedu Inc. provide?

Gaotu Techedu Inc. offers online large-class tutoring services, utilizing big data analytics to improve teaching delivery and enhance the learning experience for students in China.

Can shareholders request a hard copy of Gaotu's annual report?

Yes, shareholders and ADS holders can request a hard copy of Gaotu's annual report containing audited financial statements free of charge.