October 26, 2016 9:04 PM ET

Diversified Consumer Services

Company Overview of Xueda Education Group

Company Overview

Xueda Education Group provides private personalized tutoring services for primary and secondary school students in the People’s Republic of China. The company’s services include assessment, consultation, formulation of a customized study plan, personalized tutoring, delivery of student-oriented supporting services, and results. Its course offerings cover various academic subjects taught in primary and secondary schools, including Mathematics, English, Physics, Chinese, and Chemistry; and self-designed courses beyond the standard curriculum in certain subjects, as well as in subjects not taught at public primary and secondary schools. The company also designs and offers extensive interest and...

A-4 Xibahe Beili

Chaoyang District

Beijing,  100028


Founded in 2001

15,227 Employees

Key Executives for Xueda Education Group

Co-Founder, Chief Executive Officer and Director
Age: 39
Co-Founder and Chairman of Board of Directors
Age: 38
Co-Founder, Director and Member of Compensation Committee
Age: 39
Interim Chief Financial Officer and Corporate Controller
Vice President
Age: 48
Compensation as of Fiscal Year 2016.

Xueda Education Group Key Developments

Xueda Education Group Files Form 15

Xueda Education Group announced that it has filed Form 15 with the Securities and Exchange Commission to voluntarily deregister its ordinary shares of par value $0.0001 per share and American Depositary Shares, each representing two ordinary shares, under the Securities Exchange Act of 1934, as amended.

Xueda Education Group(NYSE:XUE) dropped from S&P Global BMI Index

Xueda Education Group(NYSE:XUE) dropped from S&P Global BMI Index

Xueda Education Group To Delist ADS From NYSE

Xueda Education Group announced the completion of its merger with Xueda Acquisition Limited (Merger Sub), a wholly-owned subsidiary of Xiamen Insight Investment Co., Ltd. (Parent), pursuant to the previously announced agreement and plan of merger dated as of July 26, 2015 by and between the company and Parent, as joined by Merger Sub pursuant to a joinder agreement dated as of October 30, 2015. As a result of the Merger, the company ceased to be a publicly traded company and became a wholly-owned subsidiary of Parent. The company also announced that it requested that trading of its ADSs on the New York Stock Exchange (NYSE) be suspended. The company requested the NYSE to file a Form 25 with the U.S. Securities and Exchange Commission (SEC) notifying the SEC of the delisting of its ADSs on the NYSE and the deregistration of the company's registered securities. The deregistration will become effective 90 days after the filing of the Form 25 or such shorter period as may be determined by the SEC. The company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by filing a Form 15 with the SEC. The company's reporting obligations under the Exchange Act will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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