Naas Technology Inc. [NAAS]

Source: 

Company Overview

We were previously a provider of junior English language training in China. On December28, 2021, we completed the sale of all of the equity interests in Rise (Tianjin) Education Information Consulting Co., Ltd. to Wuhan Xinsili Culture Development Co., Ltd. On December30, 2021, we completed the sale of all of the equity interests in RISE Education International Limited and Rise IP (Cayman) Limited to Bain Capital Rise Education Cayman IV Limited, our major shareholder. The foregoing sales represented the sale of substantially all of the assets of the Company and its subsidiaries.