History

Our founders, Mr. Bangxin Zhang and Mr. Yundong Cao, offered our first after-school mathematics tutoring class in August 2003 when they were still attending graduate schools at Peking University. Their first group of students achieved outstanding results in both school exams and math Olympian competitions. Highly encouraged by their teaching results, Xueersi was established.

Calendar 2012
  • Expanded into Suzhou, Taiyuan, Zhengzhou, Chongqing, and Shenyang.
  • Completed share repurchase of US$2.4 million under share repurchase program approved in October 2011.
  • Declared and paid a cash dividend of US$39 million.
Calendar 2011
  • Expanded into Hangzhou, Xi`an, Nanjing, Chengdu.
  • Implemented the Intelligent Classroom System (ICS) 2.0, a multimedia solution which uses interactive whiteboards in the classroom.
  • Formally opened new Mobby pre-school business with four centers in Beijing.
Calendar 2010
  • Completed our initial public offering on the New York Stock Exchange.
  • Launched our online course offerings
  • Continued to expand our campus network in Southern China by entering Shenzhen
Calendar 2009
  • Established a learning center in Guangzhou
  • Completed Series B financing led by Tiger Global
Calendar 2008
  • Rapidly expanded into Tianjin, Shanghai, and Wuhan
  • Introduced our first Chinese course
  • Completed Series A financing led by KTB
Calendar 2007
  • Launched our personalized premium services offerings in Beijing
  • Offered courses to high school students for the first time
Calendar 2006
  • Expanded our presence outside of the Haidian district in Beijing
Calendar 2005
  • Included English as a new subject in our course offerings
  • Began offering courses to middle school students
  • Incorporated businesses as a consolidated group
Calendar 2003/2004
  • Commenced operations with mathematics course offerings for top primary school students in Beijing