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Recent Updates — LXEH

September 11, 2026View Source ↗

Lixiang Education Holding reported a net loss of RMB11.4 million (US$1.7 million) for the first half of 2026, narrowing from RMB16.1 million in the prior year period despite a decline in total net revenues to RMB15.2 million from RMB15.4 million. The company achieved a gross profit turnaround of RMB2.7 million compared to a RMB5.0 million loss previously, driven by cost-control measures at Langfang School and healthcare service efficiencies. However, operating expenses rose to RMB13.0 million due to higher professional services fees, and the firm recorded a RMB1.5 million impairment loss on investments. The filing highlights substantial doubts about the company's ability to continue as a going concern due to an accumulated deficit of RMB403.2 million and a working capital deficit of RMB84.5 million. Lixiang Education operates in the private education services industry, providing tuition, accommodation, and healthcare support primarily through its Langfang School.

August 19, 2026View Source ↗

Lixiang Education Holding Co., Ltd. filed a Form 6-K containing its Notice of Annual General Meeting scheduled for September 18, 2026. The company proposes raising $12,500,000 through the issuance of 20 billion Class A ordinary shares to investors and 5 billion Class B ordinary shares to CEO Biao Wei. Concurrently, shareholders are asked to approve a capital reduction reducing par value from US$0.0001 to US$0.0000001 per share, followed by a sub-division of authorized unissued shares into 1,000 new shares for each existing share. The filing also includes routine ratifications of the independent auditor and financial reports. Lixiang Education Holding Co., Ltd. operates in the private education sector in China.

August 17, 2026View Source ↗

On August 11, 2026, independent directors Teck Yong Heng and Yan Kit Lee resigned from the board of Lixiang Education Holding Co., Ltd. due to personal reasons, with no disagreements regarding operations or policies. To fill these vacancies, the board appointed Jing Luo as chairperson of the audit and nominating committees on August 14, 2026. Ms. Yingyan Liang was also appointed as an independent director and chairperson of the compensation committee on the same date. Both new directors bring extensive experience in accounting, auditing, and enterprise management consulting. Lixiang Education Holding Co., Ltd. operates in the education industry, providing vocational training services.