Offcn Education Technology (SZSE:002607) Adds CN¥863m to Market Cap in the Past 7 Days, Though Investors From Five Years Ago Are Still Down 83%

Simply Wall StNov 29 18:22 ET

TikTok's comment section staged an 'online fee dispute', the leading offcn education technology in civil service exam training was 'besieged' by students. The founder's family has cashed out billions.

①After enrolling in the offcn education technology's "No Refund" agreement class, a student applied for a refund for many years without success, and now has appeared in the founder's Douyin comments section "online demanding a refund." The company admits that the refund issue has indeed not been completely resolved; ②Behind the owed refunds to students, offcn education technology faced financial tightness at the end of 2021 due to a sharp increase in refunds, long-term heavy asset investments, and a series of other reasons, and the company's operational situation has been difficult to improve up to now.

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What Offcn Education Technology Co., Ltd.'s (SZSE:002607) 26% Share Price Gain Is Not Telling You

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Is Offcn Education Technology (SZSE:002607) A Risky Investment?

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