We are a pioneer and innovator in China’s K-12 after-school tutoring, or AST, market, offering foundational learning services to K-12 students. According to CIC, we are the first online education company to develop and offer online small-class foundational learning courses on a large scale. As a result of our unique approach to learning, we have become China’s largest online small-class education company in terms of gross billings in 2020 and the number of students as of December 31, 2020, according to CIC.