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china education internationa (CEII) Details

China Education International, Inc. operates schools in China. The company operates Shaoxing High School, Pingtan Lanhua School, and Hefei Meihua Vocational Training School. Its schools offer national core curriculums, including Chinese, English, mathematics, physics, history, biology, and related primary courses. The company also provides training in areas of software development, computer animation, finance, accounting, and business related educational services; and non-academic training programs that include advertising design, e-commerce, secretarial, logistics, marketing, and business management courses. China Education International, Inc. is based in Boca Raton, Florida.

621 Employees
Last Reported Date: 04/11/12
Founded in 2006

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china education internationa (CEII) Key Developments

China Education International, Inc. announced delayed annual 10-K filing

On 04/01/2013, China Education International, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

China Education International Announces Discontinue its Operations in China

China Education International, Inc. announced that management has decided to discontinue its operations in China and change its main focus form Chinese off-line educational market only to the international and U.S. online and off-line educational market starting the fiscal year of 2013. Since change in the environment of U.S. capital markets, the company has not been able to raise capital to support its Chinese operations and expansions of its managed schools. In addition, changes in the rules and regulations by the Chinese government make foreign ownership of private schools much more difficult. The current model by using VIE (Variable-Interest Entities) model causes difficult in management and control. Therefore, the company decided to discontinue its operations in China and move its business focus onto the U.S. market.

China Education International, Inc. Announces Management Changes

One of China Education International, Inc.'s ongoing realignment plan to optimize its overall expenses, as part of this realignment, Ruifeng Chen resigned his position as the company's Chief Financial Officer and a director as of January 28, 2012. Until new Chief Financial Officer is appointed, Li (Lisa) Liu will serve as the Chief Financial Officer.


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