On January 23, Shenzhen Stock Exchange issued a letter of concern to Suzhou Kingswood Education Technology Co.Ltd(300192) , requiring the company to explain the specific time point of the impairment of Longmen education’s goodwill in combination with the business composition of Longmen education, Xi’an Yucai and Tianjin overseas travel, as well as the impact of the “double reduction” policy on its production and operation. Whether the provision for goodwill impairment of Longmen education in previous years is sufficient, and the reasons and rationality of the provision for goodwill impairment of Xi’an Yucai and Tianjin overseas travel.
According to the requirements of Shenzhen Stock Exchange, Suzhou Kingswood Education Technology Co.Ltd(300192) shall submit relevant explanatory materials and disclose them to the public before January 25, 2022.
