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GSX Provides Update on Its Internal Review
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BEIJING, March 1, 2021 /PRNewswire/ GSX Techedu Inc. (NYSE: GSX) ( GSX or the Company ), a leading online K-12 large-class after-school tutoring service provider in China, today provided an update on the status of its internal review. As previously disclosed, following the publication of a number of short-seller reports about the Company from early- to mid-2020, the Company s independent audit committee engaged third-party professional advisers to conduct an independent review into these reports key allegations (the Internal Review ).
The Internal Review is now substantially complete. Based on the agreed upon scope and procedures performed, the Internal Review did not uncover evidence that would have a material impact on GSX s previously reported financial statements.
GSX Provides Update on Its Internal Review prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ GSX Techedu Inc. (NYSE: GSX) ("GSX Techedu" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in.