1、OFFCN EDUCATION TECHNOLOGY CO.,LTD.2020Annual ReportStock Code:002607Stock Abbr.:OFFCN EDUApril,2021Offcn Education Technology Co.,Ltd.2020Annual Report1Chapter I.Important Information,Table of Contents and DefinitionsThe Companys Board of Directors,Supervisory Committee,directors,supervisors,and se
2、nior managementhereby guarantee that the contents of the annual report are true,accurate,and complete,and that there are nomisrepresentations,misleading statements,or material omissions,and shall assume individual and joint legalliabilities.Wang Zhendong,the Companys legal representative,Shi Lei,hea
3、d in charge of accounting and Luo Xue,head ofthe accounting department(Accounting supervisor),declare that they warrant the truthfulness,accuracy andcompleteness of the financial report in the annual report.All directors attended the board meeting for reviewing this report.The forward-looking statem
4、ents on future plans and development strategies involved in this report do notconstitute a substantial commitment to investors.The possible risks have been detailed in Section IX“Forecast ofthe Companys Future Development”of Chapter IV“Discussion and Analysis of Corporate Operating”of thisreport.Ple
5、ase pay attention to the potential investment risks.According to the arrangement of the major assets restructuring in 2018,the net profits attributable to shareholdersof the parent company after deducting non-recurring profits and losses from the restructuring counterparty,BeijingOffcn Education Tec
6、hnology Co.,Ltd.,shall be no less than RMB 930.00 million,RMB 1.30 billion and RMB1.65 billion in years of 2018,2019 and 2020 respectively.Beijing Offcn Education Technology Co.,Ltd.hasachieved the net profits after deducting non-recurring profits and losses amounted to RMB 1.12 billion,RMB 1.72bill