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We operate a U.S. listed company, China Distance Education Holdings Limited
(NYSE: DL), and also have a controlled company, Beijing Zhengbao Yucai Education
Technology Co., Ltd. ("Zhengbao Yucai," NEEQ: 837730), which has been listed on
China's New Third Board since June 2016. Our U.S. listed company is primarily
focused on the professional certification and professional development education
markets by offering exam preparation courses and a series of complementary
services for students across several industry verticals, such as accounting,
healthcare, engineering and construction, and legal education, among others. The
target customers are working professionals as well as college students.
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