Giant education introduced enlightened holding hundreds of millions of VCs or backdoor purple shares

Last week, giant education announced the introduction of the Tsinghua Violet's enlightenment holding hundreds of millions of yuan investment, and enlightened holding as president. In fact, the giant's education this year, the movement has been continuous, first management structure major, and then with Dr. Peng announced into the online education, coupled with the introduction of VC, giant education again towards the listing road. Historically, giant education has had two failed listings, and this year's series of rallies, combined with the gilded Tsinghua background, is also hidden in the future giant education or will follow the backdoor education, the stock realization curve listed. The introduction of hundreds of millions of VCs from the online education boom in 2013, more and more capital poured into the education industry, but most of them are concentrated in the field of online education, as a rare case in the past two years, giant education announced on July 29 to be enlightened holding huge financing. After financing, giant education founder Yin Xiong continued to serve as Chairman, the President of the post is inspired by the Liu Quanyu of holding. After the announcement of the financing news, the Beijing commercial newspaper reporter also interviewed the Yin Xiong in the first time. "According to the confidentiality agreement signed by the two sides, we cannot disclose the specific amount and the transfer of shares, but the current volume of the giant education, financing range is at hundreds of millions of yuan." "In Beijing, the newspaper reporter repeatedly pressed, Yin Xiong for the first time to disclose the size of funds. The reason why choose to inspire holding, Yin Xiong said, is mainly to look at its brand endorsement strength, its purple-violet shares in the country has more than 20 science and technology parks, hoping to take this resource to achieve offline institutions and training courses landing. "With the background of the Tsinghua Violet, you can help more students to enter Tsinghua University, Peking University, such as the elite." "According to the introduction, the management Enlightenment holding is a school-owned Tsinghua University, its control (ginseng) Shares of more than 200 enterprises, including the shares have been listed in the purple, the management of the total assets of more than 30 billion yuan." After the introduction of enlightenment holding, the giant education behind will be a layer of Tsinghua background. Gradually the family management model data show that the giant education is a set up in 1994, established training institutions, but on the establishment of history, enough with the new Oriental established in 1993 comparable to the current giant education in the country has more than 100 branches, more than 1000 teaching centers, training trainees more than 100,000 people each year. Giant education is to start with guitar training, today's training target includes preschool education, primary and middle school, adult educational and so on, the scope of business covers discipline counseling, art education, study abroad, summer winter camp and so on. This "0-18-Year-old", "18-99-year-old" training system, dubbed by the industry as "Education Department store." It is not difficult to see the typical family management model of the 20-year history of giant education. In the course of the giant's education, Yin Xiong a long time as chairman and president, his wife as CEO, the beginning of entrepreneurship, pop model to ensure the rapid development of the giant school. However, with the expansion of the scale of education, especially after financing, Yin Xiong and his wife for the enterprise development, management and other aspects of the growing differences, due to the relationship between the two people often lead to Yin Xiong strategic planning is difficult to implement, and often spreadOut some discordant sounds. Not long ago, Yin Xiong through the use of "MBO buyout," The way his wife formally withdrew from the management of the giant education. After a farewell to the family management model, giant education followed a series of big moves, including the recent massive establishment of the online education program by Dr. Peng, "The Sky million Cloud classroom", and last week, the introduction of enlightenment holding, takers president of the post. In a well-known education and training institutions in charge of the marketing department Liu Feng (alias), the fading out of family-style management, the introduction of partner system, is the giant education to the modernization of the road of the important symbol, and the giant education or will take this as an opportunity to usher in new opportunities for development. Two shocks to the market the same as the new Oriental, giant education is stepping on the education reform dividend came, the university enrollment expansion, gross enrollment rate promotion, private education policy open, all for the giant education ushered in an important opportunity for development. During this period, giant education and the new Oriental experienced a capital frenzy, and the new Oriental became the education industry absolute boss different is, rich historical accumulation did not let it get the status of Big Brother, later many education enterprises have risen, and even went to the United States listing, and the giant education has been missed. Cao Yundong, founder of the School of thought and thought and the giant education contrast case. 2003, the study and thought just set up, the annual revenue amount of only millions of yuan, the establishment of 11 years of the giant education has been over billion, "I told my colleagues not to see the Giants, pretending to do no giants this company." What happened in the 2007, when the study was more than the giant's education? Giant education financing, it won the 20 million U.S. dollar Enlightenment venture financing, but the investment has a gambling agreement, the investors asked the giant education to the 2008 to achieve a certain scale, the giant education to do 18 acquisitions, These acquisitions led to the catastrophe of the giant education, but also missed 2010 years ago the last bus to the United States listed education companies. 2012, giant education once again put the overseas listing on the agenda, but at this time the education of the stock has missed the best window period, after the listing of the education enterprises, the new Oriental encounter muddy water short share price was halved, learning big education due to large-scale expansion of long-term difficult to profit, but also rely on "package listing" The amber education is on the verge of retreating to the edge of the city ... In the 3.5 of the suspended-share education enterprises listed in the market, the giant's education on the market dream even more elusive. The future or will be listed into the 2014, the shell, education enterprise finally ushered in a small peak: April, with it training for the main business of the technology successfully to the United States IPO, became the first U.S. stock listed companies; June, K12 in the field of the backdoor new Nanyang eventually approved by the SFC, become a A-share of the first education industry shares , in July, the new Sanbanxi of Hua map Education opened a new way for educational enterprises to enter the capital market. This series of cases let Yin Xiong again see the listing of hope, but also determined the giant education of the listing confidence, this time, will be on the market selected in a shares. The reason why the original choice of a A-share, in Yin Xiong seems to have at least two reasons, the first is based on a a-share policyStimulated by a series of positive news, in his view, the case for the education enterprise opened a gap, "perhaps today Ang listed is borrowed Shell, tomorrow another enterprise listing is an IPO"; Secondly, based on the long-term consideration of giant education, the advantage of giant education is Chinese, brand recognition, " If the U.S. stock market, Chinese people will be very difficult to buy our stocks, a-share listing would have a lot of people to buy, which in turn will promote the giant education brand expansion. For the listing of expectations, Yin Xiong frankly no timetable, but he said the listing is affirmative, but the speed of the problem. "This investor has the purple light share, we or will imitate the Ang Li, through the purple light stock curve listing, this is the success rate is highest, is also the future possibility biggest." Of course, once a-share policy is clear enough, we will consider an independent IPO. Giant education market to want to quickly, choose the former, want to slow, choose the latter. "Yin Xiong said.