RYB Education

Gravitas Education Holdings, Inc. is a holding company, which engages in the provision of kindergarten and play-and-learn center services through its subsidiaries. The firm also licenses its separately developed courses and sells educational products. It operates through the following segments: PRC Kindergartens; PRC Play-and-Learn Centers; Singapore Kindergartens, Student Care Centers and Others; and Others. The company was founded by Chi Min Cao and Yan Lai Shi in 1998 and is headquartered in Beijing, China.

BEIJING , May 13, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced that it has changed its name "RYB Education, Inc." to "Gravitas Education Holdings, Inc." with the approval by its shareholders at the extraordinary general meeting held on March 13, 2022. The American Depositary Shares, each representing one Class A ordinary share of the Company, par value US$0.001 per share, of the Company, are expected to begin trading under the new corporate name on or about May 24, 2022.

RYB Education, Inc. Announces the Approval of Name Change

BEIJING , May 12, 2022 /PRNewswire/ -- RYB Education, Inc. (the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission on May 11, 2022. The annual report is available on the Company's investor relations website at http://ir.rybbaby.com.

RYB Education, Inc. Files Its Annual Report on Form 20-F

BEIJING , May 11, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Operational and Financial Summary Number of students enrolled at directly operated facilities was 33,890 as of December 31, 2021, compared with 34,011 as of December 31, 2020.

RYB Education, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results

BEIJING , April 20, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced that, it has received a letter from the New York Stock Exchange (the "NYSE") dated April 19, 2022, notifying RYB that it is below compliance criteria in connection with the performance of trading price of RYB's American depositary shares (the "ADSs"). Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance criteria if the average closing price of a security as reported on the consolidated tape is less than US$1.00 over a consecutive 30 trading-day period.

RYB Education, Inc. Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price

BEIJING, March 3, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB) announces that its subsidiaries have entered into termination agreements with certain variable interest entities, a decision made after careful consideration of the regulatory landscape and the Company's development needs. By entering into those termination agreements, RYB will no longer have contractual control over its directly operated kindergarten business (the "Divesture").

RYB Education, Inc. Announces Divesture of Directly Operated Kindergarten Business and Proposes the Change of Name

BEIJING, March 3, 2022 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 4/F, No. 28 Building, Fangguyuan Section 1, Fangzhuang Fengtai District, Beijing 100078, People's Republic of China, at 10:00 am (Beijing Time) on May 13, 2022.

RYB Education, Inc. to Hold an Extraordinary General Meeting on May 13, 2022

BEIJING, Dec. 12, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the third quarter of 2021. Third Quarter   2021 Operational and Financial Summary Number of students enrolled at directly operated facilities was 36,513 as of September 30, 2021, compared with 33,760 as of September 30, 2020.

RYB Education, Inc. Reports Third Quarter 2021 Financial Results

BEIJING, Dec. 12, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced that, effective as of December 10, 2021, the Company engaged Friedman LLP ("Friedman") as the Company's independent registered public accounting firm, to replace KPMG Huazhen LLP ("KPMG"). The change of the Company's independent registered public accounting firm was approved by the audit committee of the board of directors of the Company on December 10 , 2021.

RYB Education, Inc. Selects Friedman as its Independent Registered Public Accounting Firm

BEIJING, Nov. 9, 2021 /PRNewswire/ -- RYB Education, Inc. (NYSE: RYB) ("RYB" or the "Company"), a leading early childhood education service provider in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 4/F, No. 28 Building, Fangguyuan Section 1, Fangzhuang, Fengtai District, Beijing, People's Republic of China on December 10, 2021 at 10:00 a.m.

RYB Education, Inc. to Hold Annual General Meeting on December 10, 2021

RYB Education Inc (NYSE: RYB) reported second-quarter FY21 revenue growth of 318.1% year-on-year, to $53.4 million. Service revenues jumped 342.2% Y/Y, and the product revenue rose 80%.

RYB Education Q2 Revenue Rises Four-Fold; Gang Chen Named As Chairman

BEIJING, Sept. 17, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced the resignation of Mr.

RYB Education, Inc. Announces Change of Board Composition

BEIJING, Sept. 17, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the second quarter of 2021.

RYB Education, Inc. Reports Second Quarter 2021 Financial Results

Clover Health Investments

Shareholders of RYB Education Inc ( RYB , Financial) and Clover Health Investments Corp ( CLOV , Financial) have seen their assets decline in value dramatically over the past couple of years, underperforming the S&P 500 Index substantially. It also appears that their profitability is not improving, and their financial conditions could be better.

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This week may look like any other for most people, but it has turned into a sudden life-or-death situation for many of China's private education companies. Among the roughly dozen U.S.-listed Chinese education companies, three of the largest ones took the biggest hits, with TAL Education, Gaotu Techedu, and New Oriental down 71%, 63%, and 54%, respectively.

Education Stocks Could Offer Bargains - For Those Who Choose Correctly

RYB Education Inc (NYSE: RYB)  reported first-quarter FY21 revenue growth of 111.8% year-on-year at $36.7 million. The jump in the revenue was mainly driven by an increase in tuition fees revenue as the company's directly operated facilities in China returned to normalcy.

RYB Education Q1 Revenue Jumps 111% As COVID-19 Restrictions Ease

BEIJING, July 7, 2021 /PRNewswire/ --  RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the first quarter of 2021. First Quarter 2021 Operational and Financial Summary  Number of students enrolled at directly operated facilities was 36,890 as of March 31, 2021, compared with 31,251[1] as of March 31, 2020.

RYB Education, Inc. Reports First Quarter 2021 Financial Results

BEIJING, May 9, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Impacts from COVID-19 Throughout the majority of the year, the COVID-19 pandemic caused significant disruptions to and had broad ramifications on the Company's services and operations.

RYB Education, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

BEIJING, May 8, 2021 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced that it plans to release unaudited financial results for the fourth quarter and full year 2020 on Sunday, May 9, 2021 U.S. Eastern Time. The earnings release will be available on the investor relations page of its website at http://ir.rybbaby.com.

RYB Education, Inc. to Report Fourth Quarter and Full Year 2020 Financial Results on Sunday, May 9, 2021 U.S. Eastern Time

The stock price of RYB Education Inc (NYSE: RYB) is trading at over 20% today. This is why it happened.

RYB Stock Price Increases Over 20%: Why It Happened

BEIJING, Dec. 11, 2020 /PRNewswire/ -- RYB Education, Inc. (NYSE: RYB) ("RYB" or the "Company"), a leading early childhood education service provider in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at Skadden, Arps, Slate, Meagher & Flom,...

RYB Education, Inc. to Hold Annual General Meeting on December 29, 2020

RYB Education, Inc. (RYB) CEO Yanlai Shi on Q3 2020 Results - Earnings Call Transcript

BEIJING, Dec. 7, 2020 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the third quarter of 2020. Impact from COVID-19 In the first nine months of...

RYB Education, Inc. Reports Third Quarter 2020 Financial Results

Earnings Call Schedule for 8:00 a.m. ET on December 8, 2020 BEIJING, Nov. 30, 2020 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced that it plans to release unaudited financial results...

RYB Education, Inc. to Report Third Quarter 2020 Financial Results on Monday, December 7, 2020

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Do Hedge Funds Love RYB Education, Inc. (RYB)?

BEIJING, Nov. 18, 2020 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced that, effective as of Nov.18, 2020, the Company engaged KPMG Huazhen LLP ("KPMG") as the Company's independent...

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