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China Yanyuan Yuhui National Edu Grp Inc (PK:YYYH)

Business Focus: N/A

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 3445 Lawrence Ave
OCEANSIDE NY 11572-5426
Tel: N/A
Website: mediashift.com
IR: See website
Key People
David Lazar
Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Secretary
Brendon Kensel
President
Rick Baran
Chief Financial Officer
Michael Spalter
Chief Operating Officer
Sanjeev Kuwadekar
Chief Technology Officer, Director
 
Business Overview
China Yanyuan Yuhui National Education Group, Inc. is a national education institution, which is focused on family culture education in China. The Company, through its Internet education platform, Yuhuibang, provides both online and offline comprehensive education services covering three education scenes of school, society and family. The Company also provides services for other education and training institutions. The Company enables social education to help build family culture and promotes the change of education concepts within the context of family culture education and builds an Internet and education technology operation platform. Its subsidiaries include China Yanyuan Yuhui Intl Education Group Limited, Yanyuan Yuhui Education Technology (Hong Kong) Co., Ltd., Yanyuan Yuhui (Beijing) Technology Co., Ltd. and others.
Financial Overview
For the fiscal year ended 31 December 2013, China Yanyuan Yuhui National Edu Grp Inc revenues increased from $13K to $7M. Net loss applicable to common stockholders excluding extraordinary items increased from $9.1M to $22.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Interest Expense increase from $15K to $1.6M (expense).