Hailiang Education Group, the third-largest private K-12 school in China, is filing for its IPO on Monday.
Here are some interesting stats about the school from its SEC filing:
- As of December 31, 2014, 17,211 students were enrolled in the schools
- Largest provider of private K-12 educational services in the Yangtze River Delta region (comprising Zhejiang province, Jiangsu province ,and Shanghai)
- It was named one of the “10 Best-Known Private Education Brands in China” by the China Private Educationalist Association, and as one of the “Most Competitive Education Groups” by Sina.com Education Channel
While for-profit K-12 education does not exist in the US, the sector is quickly growing in China, according to Tip Fleming, a spokesperson for the company.
Check back on Monday for more details on the school and its IPO.
NOW WATCH: Someone figured out the purpose of the extra shoelace hole on your running shoes — and it will blow your mind
NOW WATCH: Briefing videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.