RYB Education button exchange On City: international capital this related note In country study Front education
2018-03-291414 Views American east department Time2017 Year9 month 27 day , early period teach education provide should business “ RYB Education ”,Will at in button about certificate coupon exchange easy hang brand on city (NYSE:RYB), become as in country first home alone establish on city with Kindergarten transport operate as main industry young teach category enterprise industry 。 this home transport operate parent-child in heart 、Kindergarten, and towards its add alliance business provide provide young teach curriculum study front teach education service institution , period wait can from capital this city venue plan 1 hundred million beautiful yuan capital gold , with add speed in in country well spray study front teach education city venue in run horse ring 。
in this front , with Kindergarten transport operate manage reason as main industry 1 power create share portion (002308.SZ) and great just teach education (838140.OC) already pass on city or hang brand 。
huge large cake already pass absorb guide public many play home gush enter :1 side is in young teach conduct industry long period cultivate Kindergarten transport operate business and it minutes fabric in each add alliance business ; another 1 side is because main industry bear pressure involve enough assist industry 、 see heavy young teach Future potential power on city public company or produce business 。 they under note this One participate And person public many 、 gather in degree quite low city venue , or can pregnant education exit alone dominate 1 direction young teach giant head 。
each road people horse gush enter
with operate collect rule model plan , RYB Education is in country most large young teach service business —— this is should public company recruit share Book in guide describe city venue research institution “ not if Si special sand benefit culture ”(Frost & Sullivan) say law , but not need error will , in gather in degree quite low in country city venue ,2016 wealth Year real present about 1.1 hundred million beautiful yuan collect enter RYB Education occupy portion quota not enough 0.5%。 if need with core heart industry affairs in transport operate KindergartenQuantity plan , occupy than more small : connect same straight operate And connect lock in within , RYB Education common transport operate Kindergarten255, need know way teach education department number based on say , in country Kindergarten common Have about 24 ten thousand

in country early period children teach education service collect enter trend trend ,CAGR as Year average repeat combine increase long rate 。 come source : RYB Education recruit share say bright Book
surround wind early period teach education , RYB Education structure build One cover cover Kindergarten、 parent-child in heart and young teach curriculum service net net :KindergartenEnterDoor threshold high , throw enter giant large but collect benefit abundant thick ; parent-child in heart related for Door threshold more low , with cover cover More people group ;Kindergarten and parent-child in heart AllNeed curriculum ,Natural extend exhibition to match set curriculum and teach with research emit sales industry affairs 。
embrace Have category similar industry affairs transport operate person and not few , home home All think effort power expand , but not Have who in this city venue in occupy based on absolute for excellent trend 。 for leap leap try try investment person come say , this or allow is enter venue good machine will 。 cut stop 2017 Year on half Year, RYB Education competition for hand power create share portion flag under embrace Have add alliance Kindergarten exceed 4500 home , great just teach education add alliance Kindergarten exceed 430 home 。
another One active EnterKindergarten lead domain play home is residential produce open emit business 。 conduct industry people person say , by at residential produce main industry bear pressure , open emit business try picture Enter department minutes already Have accumulate tired side edge nature city venue ——Kindergarten is its in 1。 this front , large type residential small district many build set Have match set Kindergarten, open emit business many guide enter combine work partner companion enter conduct transport operate , this hour , they wish meaning “Self try try ”: stimulate live “ match set object industry in 23 building , just good use come do teach education training ”, and try picture use Kindergarten bring come people flow prick stimulate attach near business industry exchange easy 。
most obvious famous example child is ten thousand science 。 only on sea ten thousand science already embrace Have13Kindergarten、 in small study study school , cover cover with ten thousand science double language study school as generation table private teach education and with ten thousand science real verify small study 、 ten thousand science real verify Kindergarten as generation table public handle teach education ,And with ten thousand science International blue few Year all happy department as core heart element quality teach education 。
with early period teach education throughout open Flower, RYB Education investment institution “ on reach capital this ” say , base at in country people mouth structure structure original because , people wish meaning WillMore gold money Flower fee in small friend teach education on —— this front , in country government push conduct exceed 20 Year1 tire ization policy more is assist long this type trend trend 。 another outside , in government allow allow home long birth education MoreInfant child back , suitable age people mouth immediately Will increase add pre period tease move investment institution heart string 。
child female provide provide high quota teach education throw enter , and about note child female in can power and repair nurture Improve, most as heavy visual outside language can power , for high end garden Requirements vigorous 。
encourage investment person
become establish at on century end RYB Education choose 1 strip song fold development road path : from Beijing1 home parent-child in heart rise home , gradually expand exhibition to NeedMore capital source throw enter Kindergarten industry affairs 。 this strip road path and not Let people doubt —— parent-child in heart EnterDoor threshold more low :Site and teacher capital elastic nature more large , need capital gold more few , only use work business register record , not must Etc. wait teach education conduct politics department Door allow can 。 when parent-child in heart industry affairs related for become mature , again towards benefit moist more abundant thick but wall pile more high Kindergarten migrate , then is OneNatural choose 。
this do another One original because , or allow in law law floor surface 。1 aspect ,Kindergarten set establish Need take direction teach education conduct politics department Door review batch , in law law and not healthy all Year generation , take to allow can and not simple ; another 1 aspect , long long time with come , private KindergartenPositioning as private non enterprise industry single position —— work as “ from matter non operate benefit social will service activity social will group weave ”, investment person think need from Kindergarten in legal obtain abundant thick return report , same style not capacity easy 。
Have not wish with name conduct industry people person tell tell Tencent wealth pass , this front ,Kindergarten through often only pay accept tax , not pay accept flow turn tax , tax affairs machine about for Kindergarten accept tax review core and not strict , this as investment person obtain take benefit moist provide provide Space。 natural category similar operate work through often place in gray color bring ,1 dawn tax affairs machine about collect tight review core Standard, this Will as Kindergarten investment person bring come quite many hemp annoyed 。
such as today , establish law institution in 2015 and 2016 Year minutes other repair modify law strip , bright sure district minutes operate benefit nature And non operate benefit nature private study school , as Kindergarten investment person being large light bright obtain take benefit moist provide provide benefit 。 this outside , in country government in 2017 Year9 month still emit fabric meaning see , with encourage “ create new study front teach education inclusive Health development body system machine system , encourage social will power quantity raise handle Kindergarten, support private Kindergarten provide provide surface towards large public 、 fee reasonable 、 quality quantity qualified inclusive nature service ”。

cut stop 2016 Year12 month 31 day , I country common Have23.7 ten thousand Kindergarten, exceed 4410 ten thousand enter study study birth 。 city venue within , large department minutes is non country Have enterprise industry and people capital assist private establish Kindergarten, large about Have14.7 ten thousand , exceed 2440 ten thousand study birth 。
although law law and policy floor surface change ization as investment person “ being large light bright take money ” provide provide strip piece , but related about law rule and meaning see fall still need hour day 。 front describe conduct industry people person say ,10 many province portion land continue exit platform related about thin then , but Distance with body execute conduct , remove thin then Regulation not bright sure 、 about fixed relatively long ferry period with outside , still exist in main body clear calculate with body operate work problem 。
“ each obvious spirit through ” expand road
expand process in , RYB Education borrow assist private recruit share right investment institution help 。 this front report way obvious show , RYB Education in 2011 Year obtain discipline source capital this 、 silver auspicious reach Asia continent and and through gather group B wheel 2000 ten thousand beautiful yuan 。 on city front evening , once operate disk this 1Project base gold manage reason people towards Tencent wealth pass sure recognize , related about investment direction this front already complete become retreat exit 。 recruit share Book obvious show , remove public company high manage Cao Chi people and Shi Yan come outside , private recruit share right investment public company on reach capital this hold Have RYB Education exceed 4 become share portion , is RYB Education large share east 。 on reach capital this 1 position generation table graceful refuse Tencent wealth pass place evaluate please seek 。
on city back , RYB Education Will recruit More capital gold , with support support its core heart industry affairs in in country more wide large domain on expand —— this And its already pass on city competition for hand category similar 。 RYB Education in explain this front operate collect rule model not break expand original because hour say , increase long move power Main come self straight operate teach education institution expand bring come study birth rule model expand large ; companion follow its pass operate rule model expand 、Kindergarten benefit use rate Improve,And high benefit moist rate young teach produce product sales , its hair benefit moist rate not break Improve, to 2017 Year on half Year already exceed 20%。
but this number based on related relatively competition for hand more low ——2017 Year on half Year, great just teach education hair benefit rate about as 48%, power create share portion young teach industry affairs hair benefit rate connect near 60%。Have explain call , this is by at RYB Education self operate industry affairs occupy than relatively large , exceed operate collect 7 become , competition for hand benefit moist many come self add alliance fee 、 training fee 。
this is two type cut natural Different expand road path : light capital produce road path strong adjust add alliance , this type model style victory in move work rapid Flexible, but transport operate business palm control power relatively weak 。Have1 type emotion situation is transport operate business most not wish meaning see to : new build Kindergarten benefit use transport operate business Brand、 teacher capital training and curriculum can power , fast speed accumulate tired use household and Enter profit benefit track way , but through often as 3 Year period add alliance combine about structure bundle back , this some “ wing hard ” add alliance business very can can “1 foot kick open ” transport operate business 。

dark moisture gush move , study front teach education being in become as capital this heavy plastic conduct industry , each category capital this large crocodile being in add speed cut enter , grab occupy city venue Space, competition state trend gradually rise temperature 。
strong adjust self operate heavy capital produce model style victory in transport operate business palm control power strong ,“ can enough protect certificate straight operate garden transport operate quality quantity ”, but problem in at , in Kindergarten build set early period , transport operate business Need throw enter More capital gold , bear shoulder Kindergarten transport operate type type with body matter affairs 。
natural , RYB Education still not is most heavy , total department set in west safe 1 home Kindergarten transport operate business choose control share Kindergarten model style —— large Proportion enter share already pass throw enter transport operate present HaveKindergarten, protect hold its Brand, as its provide provide transport operate support , by hold Have few quantity share portion Original garden direction continue continue manage reason Kindergarten matter affairs 。Such do law disadvantage end very bright obvious ——Need capital gold quantity giant large , but good place in at investment direction AndOriginal garden direction tie fixed benefit benefit 。
conduct industry people person table show , children enter garden fee use only is investment person collect enter One come source ,More collect enter come self “ purchase buy curriculum 、 serve install , very to match set protect risk ”—— he say ,And electric business flat platform not break transport operate consider guest ,“Let they heart sweet emotion wish many Flower money 1 style ”, days days All need on KindergartenChildren and they home long “ like ‘ eliminate treasure ’ guest people”, total will wish meaning in its he aspect pay exit More gold money 。
this outside ,Have some transport operate business very to try picture benefit use this some already pass become mature Kindergarten huge large present gold flow open exhibition capital this transport work 。1 position provide occupation China east certain Kindergarten transport operate business hide name people person say ,Have same industry Will flag under control share KindergartenFuture study fee collect enter —— for at become mature Kindergarten speech , this is 1 pen stable fixed hold long time collect enter —— work as Foundation capital produce , hit bag as capital produce support certificate coupon , exit sell to many home private recruit base gold and business industry Bank wealth rich manage reason channel way , with provide front change present Future study fee , use at flag under MoreKindergarten expand 。
suspend in head on sword
item front emotion situation is , connect lock Kindergarten is most receive investment person blue favor model style : hair benefit high 、 see effect fast , but fast speed expand bring come problem like suspend in head on reach friction gram inside Si sword , follow hour Have can can Let accumulate tired many YearBrand encounter receive heavy create 。
often see emotion scenery 1, is Kindergarten capital quality owe excellent teach teacher in And children Interactive in not when conduct as : child abuse 、 nature invade hour often see various report end , for at provide provide Brand and curriculum transport operate business come say , this category eliminate info for Brand harm quite large —— not Have people wish meaning SelfChildren violent dew in this type potential in danger under 。
immediately make is such as today go to beautiful on city wind light no than RYB Education , also many time explode exit child abuse matter piece 。 most near 1 rise is today Year4 month widely flow transmit 1 section video , position at Beijing large red Door attach near RYB Education Kindergarten1 name teach teacher Will female child fall in on , another 1 name Teacher use foot pedal kick sit in board stool on Children。 RYB Education official direction micro broad follow back emit table voice bright call , involve matter courtyard long already stop occupation inspection 。

RYB Education teach education create begin people、 total Cai Shiyan come
front describe conduct industry people person say , by at Kindergarten teach education “ not Have rise study 、 exam ” work as balance quantity Standard, home long for at Kindergarten believe responsibility many number base at Brand, strong adjust feel nature recognize know , this type matter therefore build become harm or allow is no law pull return 。
“ only HaveBrand transport exit , actual manage reason say not on speech ,Brand can can more do more rotten ”,Such structure result in at , not need say transport operate business explode emit style increase long , immediately is line nature increase long also will exist in problem 。“ can with sign compensate cooperate discuss ,1 dawn exit present Such matter emotion , add alliance Kindergarten need compensate transport operate business , but influence already pass build become , this point compensate can Have many few ?”
another One can can encounter to problem is select address 。Kindergarten select address must comply with direction teach education department Door total body planning , but by at Kindergarten exist in domain ridge break nature , large department minutes child child in direction round 3 public inside range within read , if not yet can in people mouth dense gather yellow gold section transport operate Kindergarten, then can can lose Go large quantity guest flow 。 another outside , by at Kindergarten exist continue period relatively long ,“ object industry 10 Year1 sign ”, competition for hand 1 dawn tie root , then very difficult migrate 。
