Caixin
BUSINESS & TECH

Public Servant Test-Training Centers Set to Go Public

Huatu employees advertise their company’s training centers in East China’s Jiangsu province in November 2015 to help people prepare for the country’s competitive civil service exams. Photo: VCG
Huatu employees advertise their company’s training centers in East China’s Jiangsu province in November 2015 to help people prepare for the country’s competitive civil service exams. Photo: VCG

Two firms that operate training centers for civil service exams are seeking to go public, as China’s private education industry heats up.

Beijing Huatu Hongyang Education & Culture Corp. Ltd. has filed a preliminary prospectus with the Hong Kong Stock Exchange, without offering details on its initial public offering (IPO), while rival Beijing Offcn Education Technology Co. Ltd. is working on a backdoor listing in Shenzhen.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2018 Caixin Global Limited. All Rights Reserved.