BEIJING, May 10, 2021 /PRNewswire/ -- GSX Techedu Inc.
("GSX" or the "Company") (NYSE: GOTU), a leading online K-12
large-class after-school tutoring service provider in China, today announced that it will hold an
Extraordinary General Meeting of Shareholders (the "EGM") at
Tower C, Beyondsoft Building, 7 East Zone, 10 Xibeiwang East
Road, Haidian District, Beijing
100193, People's Republic of China
at 5pm (Beijing Time) on June 4, 2021.
The purpose of the EGM is for the Company's shareholders to
consider, and if thought fit, approve the change of the Company's
legal name from "GSX Techedu Inc." to "Gaotu Techedu Inc." The
proposed name change will not affect any rights of shareholders or
the Company's operations and financial position.
The board of directors of the Company has fixed the close of
business on May 17, 2021 as the
record date (the "Record Date") in order to determine the
shareholders entitled to receive notice of the EGM or any adjourned
or postponed meeting thereof. The Notice of EGM and form of proxy
for the EGM are available on the Company's website at
Holders of the Company's ordinary shares whose names are on the
register of members of the Company at the close of business on the
Record Date are entitled to attend the EGM and any adjournment or
postponement thereof in person. Holders of the Company's American
depositary shares ("ADSs") who wish to exercise their voting
rights for the underlying shares must act through Deutsche Bank
Trust Company Americas, the depositary of the Company's ADS
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 Gaotu 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
Ms. Vivian Wang
Phone: +852 2232 3978
Ms. Linda Bergkamp
SOURCE GSX Techedu Inc.