| SHANGHAI-FOUR-SEASONS-EDUCATION-INVESTMENT-MANAG |
SHANGHAI-FOUR-SEASONS-EDUCATION-INVESTMENT-MANAG |
92%
|
Net revenues contributed by the VIEs accounted for 97.6%, 99.3% and 99.8% of our net revenues in the fiscal years ended February 28, 2023, February 29, 2024 and February 28, 2025, respectively. |
| SHANGHAI-LUOLIANG-NETWORK-TECHNOLOGY-CO-LTD |
SHANGHAI-LUOLIANG-NETWORK-TECHNOLOGY-CO-LTD |
92%
|
Net revenues contributed by the VIEs accounted for 97.6%, 99.3% and 99.8% of our net revenues in the fiscal years ended February 28, 2023, February 29, 2024 and February 28, 2025, respectively. |
| SHANGHAI-FUXI-INFORMATION-TECHNOLOGY-SERVICE-CO- |
SHANGHAI-FUXI-INFORMATION-TECHNOLOGY-SERVICE-CO- |
85%
|
mpany in the People’s Republic of China (“China” or “PRC”), but a Cayman Islands holding company which does not conduct operations and has no equity ownership in the VIEs. PRC laws and regulations pl… |
| MS-PE |
Morgan Stanley |
72%
|
Reciprocal relationship from MS-PE graph: Reciprocal relationship from FEDU graph: our Seasons Education HK and other subsidiaries 16.3 % 1.2 % Shanghai Fuxi 12.5 % 14.0 % Our variable interest entit… |
| MS-PK |
Morgan Stanley |
72%
|
our Seasons Education HK and other subsidiaries 16.3 % 1.2 % Shanghai Fuxi 12.5 % 14.0 % Our variable interest entities 13.6 % 33.6 % Total assets 100.0 % 100.0 % 129 Table of Contents * The percenta… |
| UBS |
UBS Group AG |
72%
|
Reciprocal relationship from UBS graph: Reciprocal relationship from FEDU graph: our Seasons Education HK and other subsidiaries 16.3 % 1.2 % Shanghai Fuxi 12.5 % 14.0 % Our variable interest entitie… |
| UBS |
UBS Group AG |
72%
|
our Seasons Education HK and other subsidiaries 16.3 % 1.2 % Shanghai Fuxi 12.5 % 14.0 % Our variable interest entities 13.6 % 33.6 % Total assets 100.0 % 100.0 % 129 Table of Contents * The percenta… |
| DB |
Deutsche Bank Aktiengesellschaft |
62%
|
Reciprocal relationship from DB graph: Reciprocal relationship from FEDU graph: Reciprocal relationship from DB graph: Reciprocal relationship from FEDU graph: Reciprocal relationship from DB graph: … |
| FANGDA-PARTNERS |
FANGDA-PARTNERS |
62%
|
in a timely or cost-effective manner or to continue to attract learners and customers to purchase our existing products or services, our business, results of operations and prospects will continue to… |
| PASSIVE-FOREIGN-INVESTMENT-COMPANY |
PASSIVE-FOREIGN-INVESTMENT-COMPANY |
62%
|
ummary of Risk Factors Set forth below is only a summary of the principal risks associated with an investment in our shares. See below under this “Item 3. Key Information — D. Risk Factors” for a det… |
| WUYUAN-SIJI-GONGDA-STUDY-CAMP-TRAVEL-DEVELOPMENT |
WUYUAN-SIJI-GONGDA-STUDY-CAMP-TRAVEL-DEVELOPMENT |
62%
|
rd party to provide technical services and management and consulting services to the VIEs. In exchange, the VIEs pay annual service fees to Shanghai Fuxi in an amount at Shanghai Fuxi’s discretion. W… |
| WUYUAN-SIJIJIAOZHONG-TOURISM-INV-MGT-CO-LTD |
WUYUAN-SIJIJIAOZHONG-TOURISM-INV-MGT-CO-LTD |
62%
|
rd party to provide technical services and management and consulting services to the VIEs. In exchange, the VIEs pay annual service fees to Shanghai Fuxi in an amount at Shanghai Fuxi’s discretion. W… |
