17 Education & Technology Group Inc. Files Its Annual Report on Form 20-F

Rhea-AI Summary

17 Education & Technology Group Inc. (NASDAQ: YQ) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the SEC. This report includes audited financial statements and is accessible on the Company's investor relations website. Shareholders can request a hard copy of the report free of charge. 17EdTech specializes in providing smart classroom solutions and SaaS offerings aimed at enhancing educational efficiency in Chinese schools and personalized learning products for families.

Positive

• Filed annual report with audited financials for FY 2021.
• Accessibility of the report enhances transparency for investors.
• Focus on smart classroom solutions indicates a strategic direction in the education technology sector.

Negative

• None.

BEIJING, April 28, 2022 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission (the “SEC”). The annual report can be accessed on the Company’s investor relations website at https://ir.17zuoye.com as well as on the SEC’s website at http://www.sec.gov.

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 submitted to ir@17zuoye.com.

About 17 Education & Technology Group Inc.

17 Education & Technology Group Inc. is a leading education technology company in China. The Company provides a smart in-school classroom solution that delivers data-driven teaching, learning and assessment products to teachers, students and parents. Leveraging its extensive knowledge and expertise obtained from in-school business over the past decade, the Company provides teaching and learning SaaS offerings to facilitate the digital transformation and upgrade at Chinese schools, with a focus on improving the efficiency and effectiveness of core teaching and learning scenarios such as homework assignments and in-class teaching. The Company also provides a personalized self-directed learning product to Chinese families. The product utilizes the Company’s technology and data insights to provide personalized and targeted learning and exercise content that is aimed at improving students’ learning efficiency.

For investor and media inquiries, please contact:

17 Education & Technology Group Inc.
E-mail: ir@17zuoye.com

Christensen
In China
Eric Yuan
Phone: +86-138-0111-0739
E-mail: Eyuan@christensenir.com

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

FAQ

What did 17 Education & Technology Group Inc. announce on April 28, 2022?

On April 28, 2022, 17 Education & Technology Group Inc. announced the filing of its annual report on Form 20-F, including audited financial statements for the fiscal year ended December 31, 2021, with the SEC.

Where can I find the annual report of 17 Education & Technology Group Inc.?

The annual report can be accessed on 17 Education & Technology Group Inc.'s investor relations website and on the SEC's website.

How can shareholders obtain a copy of 17 Education & Technology Group Inc.'s annual report?

Shareholders can request a hard copy of the annual report containing the audited financial statements free of charge by contacting ir@17zuoye.com.

What is the significance of the annual report filed by 17 Education & Technology Group Inc.?

The annual report provides transparency regarding the Company's financial performance and business strategies, which is vital for shareholders and potential investors.