GSX Files 2020 Annual Report on Form 20-F

Rhea-AI Summary

GSX Techedu Inc. (NYSE: GSX), a prominent online K-12 tutoring service in China, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the U.S. Securities and Exchange Commission. The report, which includes audited financial statements and management's analysis, is accessible on the Company's investor relations website. Additionally, shareholders can request a hard copy of the annual report, highlighting the Company’s commitment to transparency.

Positive

• Filing of the annual report on Form 20-F enhances transparency for investors.
• Audited financial statements included, indicating adherence to regulatory standards.

Negative

• None.

BEIJING, April 26, 2021 /PRNewswire/ -- GSX Techedu Inc. (the "Company") (NYSE: GSX), a leading online K-12 large-class after-school 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, 2020. The annual report on Form 20-F is available on the Company's investor relations website at http://gsx.investorroom.com/.

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, GSX Techedu Inc., Tower C, Beyondsoft Building, 7 East Zone, 10 Xibeiwang East Road, Haidian District, Beijing 100193, People's Republic of China.

About GSX Techedu Inc.

GSX Techedu is a technology-driven education company and leading online K-12 large-class after-school tutoring service provider in China. The Company offers K-12 courses covering all primary and secondary grades through the brand Gaotu K12 as well as foreign language, professional and interest courses through the brand Gatotu College. The Company 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 each 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:

GSX Techedu Inc.
Ms. Sandy Qin, CFA
Investor Relations Director
E-mail: ir@genshuixue.com  

Christensen

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

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

View original content:http://www.prnewswire.com/news-releases/gsx-files-2020-annual-report-on-form-20-f-301276759.html

SOURCE GSX Techedu Inc.

FAQ

What does the GSX 2020 annual report include?

The GSX 2020 annual report contains audited financial statements, management's discussion and analysis, and other disclosures.

Where can I access GSX's annual report?

GSX's annual report can be accessed on its investor relations website at http://gsx.investorroom.com/.

How can shareholders request a hard copy of the GSX annual report?

Shareholders can request a hard copy of the GSX annual report by contacting the Investor Relations Department.

What is GSX Techedu's business focus?

GSX Techedu is focused on providing online K-12 large-class after-school tutoring services in China.