They were Zhao Licheng's friends and family who had been reported by Shanghai Television Station two days ago.
Zhao Licheng was the founder and general manager of Xinli Education Co. Ltd. and also the largest shareholder of Xinli Education.
After he established Xinli Education, he focused on online education and taught online classes. In seven years, he expanded his Xinli Education to the entire country and became one of the top companies within the industry.
After their performance improved and they became stronger, they started to go public. Two days ago, he had gone to investment firms and stock investment companies to discuss their IPO listing.
Of course, he ended up with good news. Both the stock investment company and investment firms were optimistic about the development and potential of Xinli Education and supported his decision to go public.
