METX NASDAQ

Meten Holding Group Ltd., headquartered in Shenzhen, China, primarily functions as a provider of English language training (ELT) services within the People's Republic of China. Established in 2006, the company diversified its operations in August 2021 when it officially changed its name from Meten EdtechX Education Group Ltd. to its current moniker. Meten's core educational offerings are designed to enhance the English proficiency and future-ready skills of Chinese students and professionals. These services are delivered across four distinct segments: General Adult English Training, Overseas Training Services, Online English Training, and Junior English Training. The company leverages a combination of a digital platform and a network of physical learning centers for course delivery. Its brand portfolio includes "Meten" for both adult and junior ELT, "ABC" exclusively for junior learners, and "Likeshuo" for its online live-streaming ELT courses. As of December 31, 2021, Meten maintained a substantial physical footprint, comprising 34 self-operated learning centers spread across 15 cities in nine provinces, autonomous regions, and municipalities. Additionally, it had two franchised learning centers operating in two cities across two provinces and municipalities. Beyond its educational ventures, Meten Holding Group Ltd. has expanded into the cryptocurrency space. Its activities in this sector encompass cryptocurrency mining, the construction of mining farms, and the management of mining pools and data center operations.