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TCTM Kids IT Education Inc. American Depositary Shares - TCTM STOCK NEWS

Welcome to our dedicated page for TCTM Kids IT Education American Depositary Shares news (Ticker: TCTM), a resource for investors and traders seeking the latest updates and insights on TCTM Kids IT Education American Depositary Shares stock.

TCTM Kids IT Education Inc. (NASDAQ: TCTM) is a prominent provider of IT-focused supplementary STEM education services in Mainland China. The company specializes in delivering high-quality education programs in science, technology, engineering, and mathematics (STEM) to children aged three to eighteen. TCTM offers a comprehensive education platform that integrates live distance instruction, classroom tutoring, and online learning modules.

TCTM's diverse program offerings include computer coding, robotics programming, and other IT-focused courses, designed to develop children's logical thinking and learning abilities. By embracing the latest trends in STEM education and technology, TCTM aims to inspire young minds to explore and realize their full potential.

In a recent significant development, TCTM changed its name from Tarena International, Inc. to TCTM Kids IT Education Inc. This rebranding, which received approval at the Extraordinary General Meeting of Shareholders held on February 20, 2024, also included a ticker symbol change from 'TEDU' to 'TCTM'. These changes aim to better reflect the company’s focus and mission.

Financially, TCTM remains robust, with its latest annual report filed with the Securities and Exchange Commission on April 19, 2024. The report includes audited consolidated financial statements, which shareholders and ADS holders can access via the company's investor relations website.

TCTM operates in a single reportable segment dedicated to IT-focused supplementary STEM education services. The company continues to enhance its brand recognition by recruiting, training, and retaining qualified instructors and teaching assistants, ensuring the delivery of high-quality education.

  • Provision of IT-focused education services
  • Comprehensive platform combining live, classroom, and online modules
  • Target audience: children aged 3-18
  • Name and ticker symbol change in February 2024
  • Annual report filed April 2024

For the latest updates and more detailed information, visit TCTM's investor relations website.

Rhea-AI Summary
TCTM Kids IT Education Inc. filed its 2023 Annual Report on Form 20-F, showcasing its financial performance for the fiscal year ended December 31, 2023. The report is available on TCTM's investor relations website. Shareholders and ADS holders can request a hard copy of the report for free.
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Rhea-AI Summary
TCTM Kids IT Education Inc. (NASDAQ: TCTM) announces the commencement of trading of its American depositary shares under the new name on Nasdaq. The name change was approved at an Extraordinary General Meeting of Shareholders, with no impact on shareholders' rights or the company's operations.
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Rhea-AI Summary
TCTM Kids IT Education Inc. (NASDAQ: TCTM) announced a name change from Tarena International, Inc. and a ticker symbol change from TEDU to TCTM. The changes were approved at an Extraordinary General Meeting of Shareholders and will not impact operations or financials.
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FAQ

What is the current stock price of TCTM Kids IT Education American Depositary Shares (TCTM)?

The current stock price of TCTM Kids IT Education American Depositary Shares (TCTM) is $1.009 as of October 18, 2024.

What is the market cap of TCTM Kids IT Education American Depositary Shares (TCTM)?

The market cap of TCTM Kids IT Education American Depositary Shares (TCTM) is approximately 9.9M.

What does TCTM Kids IT Education Inc. specialize in?

TCTM specializes in IT-focused supplementary STEM education services for children aged 3-18 in Mainland China.

What recent change did TCTM announce?

TCTM announced a name change from Tarena International, Inc. to TCTM Kids IT Education Inc. and a ticker symbol change from 'TEDU' to 'TCTM'.

What are the types of education programs offered by TCTM?

TCTM offers computer coding, robotics programming, and other IT-focused courses designed to develop children's logical thinking and learning abilities.

How can I access TCTM's annual report?

The annual report can be accessed on TCTM's investor relations website at https://ir.tctm.cn/. A hard copy is available upon request.

What is the teaching model used by TCTM?

TCTM combines live distance instruction, classroom-based tutoring, and online learning modules to deliver its education programs.

What age group does TCTM target?

TCTM targets young children aged between three and eighteen years old.

Will the name and ticker symbol change affect shareholders' rights?

No, the change will not affect shareholders' rights, the company's operations, or its financial position.

How does TCTM's platform benefit children?

TCTM's platform helps develop children's logical thinking and learning abilities while encouraging them to explore their interests and potential in STEM fields.

What is the focus of TCTM's education services?

TCTM focuses on providing supplementary STEM education with an IT emphasis, including courses like coding and robotics.

How does TCTM ensure the quality of its education programs?

TCTM ensures quality by continually recruiting, training, and retaining qualified instructors and teaching assistants.

TCTM Kids IT Education Inc. American Depositary Shares

Nasdaq:TCTM

TCTM Rankings

TCTM Stock Data

9.93M
5.33M
36.5%
1.26%
0.15%
Education & Training Services
Consumer Defensive
Link
United States of America
Beijing