Horn Education wants to land a A-share private education profit deposit regulation obstacle

Horn Education wants to land a A-share private education profit deposit regulation barrier (pro-beta network map) Editor's note: Beijing Municipal Environmental Protection Bureau recently announced the Beijing Horn Education Technology Co., Ltd. IPO environmental verification publicity. According to the disclosure, horn education to be issued in the domestic stock listing financing, so apply for the listing of environmental verification, horn education is expected to become the first education and training industry in the domestic capital market to eat crabs.　　However, according to the "Private education Promotion law", "private education is a public welfare cause", many of our country's private education and training institutions are registered in the Civil Affairs Department of the non-legal entity, do not have the main listing. A A-share IPO Beijing Horn education into the pre-IPO environmental verification stage, or the entire domestic private education and training industry heartstrings. In the past, under many policy obstacles, from the new Oriental to the latest education in 2006, more than 10 education and training enterprises have chosen to go overseas listing, so that a-share is still not a private education industry listed companies.　　Now, horn education will be stripped of the training business after the listing, and how to solve all the policy problems, and then the smooth landing a A-shares, will be the industry's capital of the process vane.　　In view of the present public information of Horn Education, its main business is more extensive: one is the education of electronic products, such as "Hong En Lang readers" series, pre-school English education products, the second is the education software and teaching materials, such as computer education, foreign language education, third, education and training institutions, such as kindergartens, training schools. Obviously, at present, kindergartens, schools and other training business can not be listed, horn education will be separated from the education products listed separately?　　If so, how to solve the business chain integrity, such as IPO regulatory requirements, will be the focus of attention in the industry.　　The legal obstacles to the private education's profits and regulations for the domestic private education institutions have to choose overseas listing phenomenon, Wang Shiheng Capital senior manager, said in an interview, mainly domestic capital market in the past there is no private education listing precedent. On the other hand, the reporter also learned that the education and training industry to choose overseas listing, and the domestic education and training market is not unrelated to the policy environment. According to the "Private education Promotion law", "private education is a public welfare cause", many of our country's private education and training institutions are registered in the Civil Affairs Department is not a legal entity, does not have a listing of the main body; the management of the operating private training institutions registered in the Administrative department of Industry and Commerce "But the State Department has not issued the relevant regulations. "Wang Shiheng said. At the same time, the Education Act also stipulates that no organization or individual may organize schools and other educational establishments for the purpose of profit.　　It also excludes the profit basis of private education and training institutions from the law. "Chinese tradition argues that education should not be a for-profit industry. Therefore, many aspects (such as domestic financing, etc.) need to be approved by the education authorities. "Wang Shiheng also said," In addition, the initial investment in the education industry is more foreign investment, and domestic education does not support foreign investment, therefore, many private education is in the form of business registration, take the overseas listing financing RoadDiameter。 "There are few local institutions in the statistics on the investment cases of China's education industry from 2008 to 2009," the group said. Original link: http://news.qinbei.com/20110911/226470.html