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Share this article Share this article BEIJING, July 25, 2021 /PRNewswire/ Gaotu Techedu Inc. ( Gaotu or the Company ) (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, announced that, on July 24, 2021, China s official state media, including Xinhua News Agency and China Central Television, announced the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education (the Opinion ), issued by the General Office of the CPC Central Committee and the General Office of the State Council. The Opinion contains high-level policy directives about requirements and restrictions related to online and offline after-school tutoring services, including, among others, (i) institutions providing after-school tutoring services on academic subjects in China s compulsory education system, or Academic AST Institutions, need to be registered as non-profit; (ii) changing the current registration-based reg

Linda bergkampSandy qinVivian wangChina central televisionSchool tutoring for studentsPrnewswire gaotu techedu incOffice of the state councilCentral committeeExchange commissionXinhua news agencyGaotu techedu incFurther alleviatingAfter school tutoringCompulsory educationGeneral officeSecurities litigation reform act