RYB Education
红黄蓝
Education, Innovation Hubs & ConsultingBeijing · North (Beijing · Tianjin · Hebei · Shanxi · Inner Mongolia)
Business focus
Education, Innovation Hubs & Consulting
Description
Beijing-based operator of kindergartens and early-childhood centers, listed on NYSE in 2017. Later that year a scandal at a Beijing branch — allegations of child abuse, including staff using sewing needles on children — triggered nationwide outrage and a stock collapse. A teacher was jailed. The company survived, but its reputation and share price never recovered; NYSE delisted its ADS around 2022 after prices stayed below $1.