LXEH

Lixiang Education Holding
LXEH

$0.2309

0.83%

Market Cap: $2.69M

About: Lixiang Education Holding Co Ltd is a private primary and secondary education service provider in Lishui City, Zhejiang Province. Its private education services primarily include primary and middle school education from grade 1 to grade 9. The company also offers high school education services at its High School Divisions.

Employees: 197

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.28% less ownership

Funds ownership: 0.47% [Q1] → 0.19% (-0.28%) [Q2]

14% less funds holding

Funds holding: 7 [Q1] → 6 (-1) [Q2]

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

33% less capital invested

Capital invested by funds: $128K [Q1] → $85.9K (-$42.6K) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for LXEH.

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Financial journalist opinion

Based on 3 articles about LXEH published over the past 30 days

Lixiang Education Announces Plan to Implement ADS Ratio Change

LISHUI, China, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it plans to change the ratio of its American depositary shares (“ADSs”) to its ordinary shares (the “ADS Ratio”), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to ten (10) ordinary shares to a new ADS Ratio of one (1) ADS to one hundred (100) ordinary shares (the “ADS Ratio Change”). The Company anticipates that the ADS Ratio Change will be effective on or about September 30, 2024 (the “Effective Date”).

Lixiang Education Announces Plan to Implement ADS Ratio Change

Lixiang Education Announces Change of Chief Financial Officer

LISHUI, China, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) (the “Company”), a prestigious private education service provider in China, today announced that Mr. Luoyuan Ye resigned as the Chief Financial Officer (“CFO”) of the Company with effect from August 31, 2024 and will remain as the consultant to the Company. Mr. Zhifu Yang was appointed as the CFO with effect from September 2, 2024.

Lixiang Education Announces Change of Chief Financial Officer

Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

LISHUI, China, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Global Market on August 29, 2024 indicating that the Company was not in compliance with Listing Rule 5450(b)(1)(C)(the “Minimum Market Value of Publicly Held Shares Rule”), which requires the Company to maintain a minimum market value of publicly held shares of US$5 million for continued listing on the Nasdaq Global Market.

Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

LISHUI, China, May 09, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Global Market on May 7, 2024 indicating that the Company was not in compliance with Listing Rule 5450(a)(1)(the “Minimum Bid Price Rule”), which requires the Company to maintain a minimum bid price of US$1.00 per share.

Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

Lixiang Education Regains Compliance with Nasdaq Minimum Bid Price Requirement

LISHUI, China , Jan. 25, 2024 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that on January 24, 2024 it received a letter from the Nasdaq Hearing Panel (the "Panel"), notifying the Company that it has regained compliance with the bid price concern, as required by the Panel's decision dated November 30, 2023.

Lixiang Education Regains Compliance with Nasdaq Minimum Bid Price Requirement

Lixiang Education Announces Plan to Implement ADS Ratio Change

LISHUI, China , Dec. 15, 2023 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it plans to change the ratio of its American depositary shares ("ADSs") to its ordinary shares (the "ADS Ratio"), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to five (5) ordinary shares to a new ADS Ratio of one (1) ADS to ten (10) ordinary shares (the "ADS Ratio Change").

Lixiang Education Announces Plan to Implement ADS Ratio Change

Lixiang Education Receives Nasdaq Extension to Regain $1 Bid Price Compliance

LISHUI, China , Dec. 6, 2023 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that on November 30, 2023, it received a letter from the Nasdaq Hearings Panel (the "Panel"), indicating the Panel's decision to grant an exception period until January 31, 2024 (the "Exception Period"), for the Company to effect the reverse stock split and thereafter regain compliance with The Nasdaq Stock Market LLC's (the "Nasdaq") Listing Rule 5450(a)(1) (the "Bid Price Rule"), subject to the terms that (1) on or before November 30, 2023, the Company shall obtain its board of directors' approval for a reverse stock split at a ratio that is sufficient to regain and maintain long term compliance with the Bid Price Rule, and the Company shall provide an update to the Panel on the reverse stock split approval on December 1, 2023; (2) on or before January 5, 2024, the Company shall effect a reverse stock split and, thereafter, maintain a $1 closing bid price for a minimum of ten consecutive business days; and (3) on or before January 31, 2024, the Company shall have demonstrated compliance with the Bid Price Rule, by evidencing a closing bid price of $1 or more per share for a minimum of ten consecutive trading sessions.

Lixiang Education Receives Nasdaq Extension to Regain $1 Bid Price Compliance

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