TAL is a leading K12 after-school tutoring services provider in China, with 285 learning centers in 19 cities in China, and 6500 full-time employees, among which over 3000 employees are full-time teachers and over 600 employees are engaged in the online education business. In the 2014 academic year, we had over 900,000 enrollments in our offline training business, cumulative enrollments of over 470,000, in our online business, and total registered users of 5 million in our online parent social community. On October 20, 2010, TAL was listed on the New York Stock Exchange (NYSE:XRS), making it the first pure-play Chinese K-12 education enterprise to list in the United States.

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