Tarena International Inc at Precious Metals Summit Planet Microcap Showcase Transcript

Apr 26, 2023 / 11:00PM GMT
Unidentified Participant

Guest -- I'd like to introduce coming all the way from Beijing, Ping Wei from Tarena International. Ping, go ahead.

Ping Wei - Tarena International, Inc. - CFO

Thank you, everyone, and welcome to the presentation. I am Ping, CFO of Tarena International. You just heard some passionate presentation about their business from entrepreneur. I'm not an entrepreneur. I'm a CFO, but I got passion about numbers. When I feel like the numbers don't add up with Tarena, the numbers don't at this moment. So I'll first go through the company introduction, and then I'll give you some numbers. So you'll see why it doesn't add up.

Anyways, so we are actually the largest IT training company in China, have to major segments, IT professional training and IT STEAM a supplementary STEAM training for children. So two engine growth.

Okay, yes. So we have presence in 57 cities in China with over 300 learning centers. Last year, we generated close to USD380 million of revenues and about USD15 million of non-GAAP net profit. So our -- so that's sort of

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