BEIJING, Jan. 19, 2021 /PRNewswire/ -- Puxin Limited
(NYSE: NEW) ("Puxin" or the "Company"), a successful consolidator
of the after-school education industry in China, today announced that Mr. Yunlong Sha, the Chairman and Chief Executive
Officer, completed purchases of an aggregate of 3,478,542 ordinary
shares of the Company from another shareholder of the Company
during the period from January
3rd, 2020 to September
4th, 2020. Mr. Sha holds his confidence in the
long-term potential and the sustainable growth of the Company.
About Puxin Limited
Puxin Limited (NYSE: NEW, "Puxin" or the "Company") is a
successful consolidator of the after-school education industry in
China. Puxin has a strong
acquisition and integration expertise to effectively improve
education quality and operational performance of acquired schools.
Puxin offers a full spectrum of K-12 and study-abroad tutoring
programs designed to help students achieve academic excellence, as
well as prepare for admission tests and applications for top
schools, universities and graduate programs in China and other countries. The Company has
developed a business model effectively combining strategic
acquisitions and organic growth achieved through successful
post-acquisition integration, which has differentiated the Company
from other after-school education service providers in China. For more information, please visit
http://www.pxjy.com/.
Contacts
Puxin Limited
Phone: +86-10-6269-8930
E-mail: ir@pxjy.com
Institutional Capital Advisory (ICA)
Mr. Kevin Yang
Phone: +86-021-8028-6033
E-mail: puxin@icaasia.com
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SOURCE Puxin Limited
