Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
30 Septembre 2022 - 02:03PM
Edgar (US Regulatory)
false2022-06-302022Q20001494558--12-3100014945582022-01-012022-06-300001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2022-04-012022-06-300001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2022-01-012022-03-310001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2021-04-012021-06-300001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2021-01-012021-03-310001494558us-gaap:RetainedEarningsMember2022-06-300001494558us-gaap:RetainedEarningsAppropriatedMember2022-06-300001494558us-gaap:NoncontrollingInterestMember2022-06-300001494558us-gaap:AdditionalPaidInCapitalMember2022-06-300001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-06-300001494558us-gaap:RetainedEarningsMember2022-03-310001494558us-gaap:RetainedEarningsAppropriatedMember2022-03-310001494558us-gaap:NoncontrollingInterestMember2022-03-310001494558us-gaap:AdditionalPaidInCapitalMember2022-03-310001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-03-3100014945582022-03-310001494558us-gaap:RetainedEarningsMember2021-12-310001494558us-gaap:RetainedEarningsAppropriatedMember2021-12-310001494558us-gaap:NoncontrollingInterestMember2021-12-310001494558us-gaap:AdditionalPaidInCapitalMember2021-12-310001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-12-310001494558us-gaap:RetainedEarningsMember2021-06-300001494558us-gaap:RetainedEarningsAppropriatedMember2021-06-300001494558us-gaap:NoncontrollingInterestMember2021-06-300001494558us-gaap:AdditionalPaidInCapitalMember2021-06-300001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-06-300001494558us-gaap:RetainedEarningsMember2021-03-310001494558us-gaap:RetainedEarningsAppropriatedMember2021-03-310001494558us-gaap:NoncontrollingInterestMember2021-03-310001494558us-gaap:AdditionalPaidInCapitalMember2021-03-310001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-03-3100014945582021-03-310001494558us-gaap:RetainedEarningsMember2020-12-310001494558us-gaap:RetainedEarningsAppropriatedMember2020-12-310001494558us-gaap:NoncontrollingInterestMember2020-12-310001494558us-gaap:AdditionalPaidInCapitalMember2020-12-310001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-310001494558ambo:BeijingNormalUniversityAmbowEducationTechnologyCo.LtdMemberambo:BankOfHuaxiaMember2022-06-300001494558us-gaap:CommonClassCMemberus-gaap:CommonStockMember2022-06-300001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2022-06-300001494558us-gaap:CommonClassCMemberus-gaap:CommonStockMember2022-03-310001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2022-03-310001494558us-gaap:CommonClassCMemberus-gaap:CommonStockMember2021-12-310001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2021-12-310001494558us-gaap:CommonClassCMemberus-gaap:CommonStockMember2021-06-300001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2021-06-300001494558us-gaap:CommonClassCMemberus-gaap:CommonStockMember2021-03-310001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2021-03-310001494558us-gaap:CommonClassCMemberus-gaap:CommonStockMember2020-12-310001494558us-gaap:CommonClassAMemberus-gaap:CommonStockMember2020-12-310001494558srt:ExecutiveOfficerMemberus-gaap:RestrictedStockMember2021-01-012021-06-300001494558ambo:ConsultantMemberus-gaap:RestrictedStockMember2022-05-272022-05-270001494558srt:ExecutiveOfficerMemberus-gaap:RestrictedStockMember2022-01-012022-06-300001494558srt:ExecutiveOfficerMemberus-gaap:RestrictedStockMember2018-11-222018-11-220001494558us-gaap:RestrictedStockMemberus-gaap:GeneralAndAdministrativeExpenseMember2022-01-012022-06-300001494558us-gaap:RestrictedStockMemberus-gaap:GeneralAndAdministrativeExpenseMember2021-01-012021-06-300001494558country:US2022-04-012022-06-300001494558ambo:PeoplesRepublicOfChinaMember2022-04-012022-06-300001494558ambo:K12SchoolsMember2022-04-012022-06-300001494558ambo:CollegePreparationAndCareerEnhancementProgramsMember2022-04-012022-06-300001494558country:US2022-01-012022-06-300001494558ambo:PeoplesRepublicOfChinaMember2022-01-012022-06-300001494558country:US2021-04-012021-06-300001494558ambo:PeoplesRepublicOfChinaMember2021-04-012021-06-300001494558ambo:K12SchoolsMember2021-04-012021-06-300001494558ambo:CollegePreparationAndCareerEnhancementProgramsMember2021-04-012021-06-300001494558country:US2021-01-012021-06-300001494558ambo:PeoplesRepublicOfChinaMember2021-01-012021-06-300001494558ambo:JinanQcyIntelligentTechnologyCo.LtdMember2022-01-012022-06-300001494558ambo:BeijingQcTechnologyCompanyLimitedMember2022-01-012022-06-300001494558ambo:BeijingHjrtTechnologyCompanyLimitedMember2022-01-012022-06-300001494558ambo:JinanQcyIntelligentTechnologyCo.LtdMember2021-01-012021-06-300001494558ambo:BeijingQcTechnologyCompanyLimitedMember2021-01-012021-06-300001494558ambo:BeijingHjrtTechnologyCompanyLimitedMember2021-01-012021-06-300001494558us-gaap:RetainedEarningsMember2022-04-012022-06-300001494558us-gaap:RetainedEarningsMember2022-01-012022-03-310001494558us-gaap:RetainedEarningsMember2021-04-012021-06-300001494558us-gaap:NoncontrollingInterestMember2021-04-012021-06-300001494558us-gaap:RetainedEarningsMember2021-01-012021-03-310001494558us-gaap:NoncontrollingInterestMember2021-01-012021-03-310001494558country:US2022-06-300001494558ambo:PeoplesRepublicOfChinaMember2022-06-300001494558country:US2020-12-310001494558ambo:PeoplesRepublicOfChinaMember2020-12-310001494558ambo:HebiAmbowRuihengEducationTechnologyCo.Ltd.RuihengMember2021-09-300001494558ambo:HebiSchoolMember2020-04-080001494558us-gaap:GuaranteeOfBusinessRevenueMember2022-01-012022-06-300001494558ambo:ZhenjiangForeignLanguageSchoolMember2022-01-012022-06-300001494558ambo:BeijingDongyuanzhonghengInvestmentManagementCo.LtdMember2021-06-300001494558ambo:BankOfHuaxiaMember2022-06-300001494558ambo:BankOfHuaxiaMember2021-11-300001494558ambo:BeijingDongyuanzhonghengInvestmentManagementCo.LtdMember2022-06-300001494558country:TW2022-01-012022-06-300001494558ambo:ShandongShichuangSoftwareEngineeringCompanyLimitedMembersrt:ExecutiveOfficerMember2022-06-300001494558ambo:ManagementTeamOfCompanyMembersrt:ManagementMember2022-06-300001494558ambo:ShandongShichuangSoftwareEngineeringCompanyLimitedMembersrt:ExecutiveOfficerMember2021-12-310001494558ambo:ManagementTeamOfCompanyMembersrt:ManagementMember2021-12-310001494558ambo:UrsusInformationTechnologyBeijingCompanyLimitedMembersrt:ManagementMember2022-06-300001494558ambo:JinanQcyIntelligentTechnologyCo.LtdMembersrt:ManagementMember2022-06-300001494558ambo:BeijingQcTechnologyCompanyLimitedMembersrt:ManagementMember2022-06-300001494558ambo:BeijingHjrtTechnologyCompanyLimitedMembersrt:ManagementMember2022-06-300001494558srt:ManagementMember2022-06-300001494558ambo:UrsusInformationTechnologyBeijingCompanyLimitedMembersrt:ManagementMember2021-12-310001494558ambo:JinanQcyIntelligentTechnologyCo.LtdMembersrt:ManagementMember2021-12-310001494558ambo:BeijingQcTechnologyCompanyLimitedMembersrt:ManagementMember2021-12-310001494558ambo:BeijingHjrtTechnologyCompanyLimitedMembersrt:ManagementMember2021-12-310001494558srt:ManagementMember2021-12-310001494558srt:MaximumMember2022-01-012022-06-300001494558ambo:K12SchoolsMember2022-06-300001494558ambo:CollegePreparationAndCareerEnhancementProgramsMember2022-06-300001494558ambo:K12SchoolsMember2021-12-310001494558ambo:CollegePreparationAndCareerEnhancementProgramsMember2021-12-310001494558ambo:BankOfHuaxiaMember2021-11-012021-11-300001494558ambo:BeijingNormalUniversityAmbowEducationTechnologyCo.LtdMember2022-03-110001494558ambo:BeijingNormalUniversityAmbowEducationTechnologyCo.LtdMember2022-01-070001494558ambo:BeijingNormalUniversityAmbowEducationTechnologyCo.LtdMember2021-12-100001494558us-gaap:InternalRevenueServiceIRSMember2022-01-012022-06-300001494558us-gaap:InternalRevenueServiceIRSMember2021-01-012021-06-300001494558us-gaap:ServiceMember2022-04-012022-06-300001494558us-gaap:ProductAndServiceOtherMember2022-04-012022-06-300001494558us-gaap:ServiceMember2022-01-012022-06-300001494558us-gaap:ProductAndServiceOtherMember2022-01-012022-06-300001494558ambo:K12SchoolsMember2022-01-012022-06-300001494558us-gaap:ServiceMember2021-04-012021-06-300001494558us-gaap:ProductAndServiceOtherMember2021-04-012021-06-300001494558us-gaap:ServiceMember2021-01-012021-06-300001494558us-gaap:ProductAndServiceOtherMember2021-01-012021-06-300001494558ambo:K12SchoolsMember2021-01-012021-06-300001494558us-gaap:CommonClassCMember2022-06-300001494558us-gaap:CommonClassAMember2022-06-300001494558us-gaap:CommonClassCMember2021-12-310001494558us-gaap:CommonClassAMember2021-12-3100014945582021-06-3000014945582020-12-310001494558us-gaap:MaterialReconcilingItemsMemberambo:K12SchoolsMember2022-06-300001494558us-gaap:MaterialReconcilingItemsMemberambo:CollegePreparationAndCareerEnhancementProgramsMember2022-06-300001494558srt:ConsolidationEliminationsMemberambo:K12SchoolsMember2022-06-300001494558srt:ConsolidationEliminationsMemberambo:CollegePreparationAndCareerEnhancementProgramsMember2022-06-300001494558us-gaap:MaterialReconcilingItemsMember2022-06-300001494558us-gaap:CorporateNonSegmentMember2022-06-300001494558srt:ConsolidationEliminationsMember2022-06-300001494558us-gaap:MaterialReconcilingItemsMemberambo:K12SchoolsMember2021-06-300001494558us-gaap:MaterialReconcilingItemsMemberambo:CollegePreparationAndCareerEnhancementProgramsMember2021-06-300001494558us-gaap:MaterialReconcilingItemsMember2021-06-300001494558us-gaap:CorporateNonSegmentMember2021-06-300001494558srt:ConsolidationEliminationsMember2021-06-300001494558ambo:K12SchoolsMember2021-06-300001494558ambo:CollegePreparationAndCareerEnhancementProgramsMember2021-06-300001494558ambo:CloverWealthLimitedMemberus-gaap:SubsequentEventMember2022-09-132022-09-130001494558us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2022-01-012022-06-300001494558us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2022-06-300001494558us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2021-12-310001494558us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2020-12-310001494558us-gaap:AdditionalPaidInCapitalMember2022-04-012022-06-300001494558us-gaap:AdditionalPaidInCapitalMember2022-01-012022-03-310001494558us-gaap:AdditionalPaidInCapitalMember2021-04-012021-06-300001494558us-gaap:AdditionalPaidInCapitalMember2021-01-012021-03-310001494558us-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-06-300001494558us-gaap:VariableInterestEntityPrimaryBeneficiaryMember2021-12-310001494558srt:MinimumMemberus-gaap:StateAdministrationOfTaxationChinaMember2016-05-012016-05-310001494558srt:MaximumMemberus-gaap:StateAdministrationOfTaxationChinaMember2016-05-012016-05-310001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-04-012022-06-300001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-012022-03-310001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-04-012021-06-300001494558us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-3100014945582021-01-012021-03-310001494558ambo:AmendedAndRestatedEquityIncentivePlan2010Member2018-12-212018-12-210001494558ambo:EquityIncentivePlan2010Member2010-06-012010-06-010001494558ambo:ManagementTeamOfCompanyMember2022-01-012022-06-300001494558ambo:HebiSchoolMember2019-04-012019-04-300001494558ambo:OookHoldingCo.LtdMember2022-01-012022-06-300001494558ambo:ZhenjiangForeignLanguageSchoolMember2022-06-300001494558ambo:ZhenjiangForeignLanguageSchoolMember2021-12-310001494558us-gaap:NoncontrollingInterestMember2022-01-012022-03-3100014945582022-01-012022-03-310001494558us-gaap:NoncontrollingInterestMember2022-04-012022-06-300001494558ambo:HebiSchoolMember2022-06-300001494558ambo:HebiSchoolMember2020-12-310001494558ambo:HebiSchoolMember2019-04-3000014945582021-05-202021-05-2000014945582021-03-302021-03-3000014945582021-01-012022-06-300001494558ambo:BeijingDongyuanzhonghengInvestmentManagementCo.LtdMember2021-01-012021-12-310001494558ambo:BeijingDongyuanzhonghengInvestmentManagementCo.LtdMember2020-01-012020-12-310001494558ambo:HebiSchoolMember2022-01-012022-06-300001494558srt:ConsolidationEliminationsMember2022-01-012022-06-300001494558ambo:CollegePreparationAndCareerEnhancementProgramsMember2022-01-012022-06-300001494558srt:ConsolidationEliminationsMember2021-01-012021-06-300001494558ambo:CollegePreparationAndCareerEnhancementProgramsMember2021-01-012021-06-3000014945582022-04-012022-06-3000014945582021-04-012021-06-300001494558us-gaap:StateAdministrationOfTaxationChinaMember2022-01-012022-06-300001494558us-gaap:StateAdministrationOfTaxationChinaMember2021-01-012021-06-300001494558us-gaap:GuaranteeOfBusinessRevenueMember2022-06-300001494558ambo:AssetsAndLiabilitiesHeldForSaleMember2022-06-300001494558ambo:AssetsAndLiabilitiesHeldForSaleMember2021-12-3100014945582021-01-012021-06-300001494558srt:MinimumMemberus-gaap:StateAdministrationOfTaxationChinaMember2022-01-012022-06-300001494558srt:MaximumMemberus-gaap:StateAdministrationOfTaxationChinaMember2022-01-012022-06-300001494558us-gaap:StateAdministrationOfTaxationChinaMember2022-06-300001494558us-gaap:StateAdministrationOfTaxationChinaMember2021-12-310001494558ambo:ScenarioTwoMemberus-gaap:InlandRevenueHongKongMember2022-01-012022-06-300001494558ambo:ScenarioOneMemberus-gaap:InlandRevenueHongKongMember2022-01-012022-06-3000014945582022-06-3000014945582021-12-310001494558us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2021-01-012021-12-31iso4217:CNYiso4217:HKDxbrli:pureiso4217:USDxbrli:sharesiso4217:USDxbrli:sharesiso4217:CNYxbrli:sharesambo:segment
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE
ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF
1934
For the month of September
2022
Commission File Number:
001-34824
Ambow Education Holding Ltd.
Not Applicable
(Translation of Registrant’s name into English)
Cayman Islands
(Jurisdiction of incorporation or organization)
12th Floor, Tower 1, Financial Street
Chang’An Center,
Shijingshan District, Beijing
100043
People’s Republic of China
Telephone: +86 (10) 6206-8000
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒
Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
☐
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
☐
Other Information
Attached hereto as Exhibit 99.1 is a press release dated September
30, 2022, announcing the Company’s unaudited financial and
operating results for the three months and six months ended June
30, 2022.
The information contained in Exhibits 99.2 and 99.3 on Form 6-K is
hereby incorporated by reference into the Company’s registration
statement on Form F-3 (File No. 333-264878), and to be a part
thereof from the date on which this report is filed, to the extent
not superseded by documents or reports subsequently filed or
furnished.
Attached hereto as Exhibit 99.4 is a press release dated September
20, 2022, announcing that the Company received a bid for the
Company’s assets in China. Along with the proposed sale of its
operations in China, the Company also announced that Mr. KJ Tan,
the Company's Chief Financial Officer, has resigned, effective
September 19, 2022. Dr. Jin Huang, President and Chief Executive
Officer of the Company, will serve as Acting Chief Financial
Officer until a replacement is appointed.
Exhibits
99.1 Press
Release, dated September 30, 2022
99.2 Unaudited
Condensed Consolidated Financial Statements as of and for the Six
Months Ended June 30, 2022 and 2021 and Notes to the Unaudited
Condensed Consolidated Financial Statements as of and for the Six
Months Ended June 30, 2022 and 2021
99.3 Management
Discussion and Analysis of Financial Condition and Results of
Operations
99.4 Press Release, dated September 20, 2022
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
|
|
|
|
|
|
Ambow Education Holding Ltd.
|
|
|
|
|
|
|
|
|
By:
|
/s/Jin Huang
|
|
|
Name: Dr. Jin Huang
|
|
|
Title: President and Chief Executive Officer
|
Date: September 30, 2022
Ambow Education (AMEX:AMBO)
Graphique Historique de l'Action
De Jan 2023 à Fév 2023
Ambow Education (AMEX:AMBO)
Graphique Historique de l'Action
De Fév 2022 à Fév 2023
