What is the impact of double drop on training institutions?

The influence of "double reduction" and its supporting policies on off-campus training institutions of disciplines is still obvious. The impact of "double reduction" on training institutions is mainly reflected in several restrictions.

First, restricting the operation of listing financing and capitalization is the so-called most "ruthless" move. It is forbidden for discipline training institutions to go public for financing and capitalization. A listed company may not invest in discipline training institutions through stock market financing, and may not purchase the assets of discipline training institutions by issuing shares or paying cash. This is mainly because the country realizes that education is seriously trapped by capital, a large amount of capital is pouring in, and a war of "burning money" is launched, and advertisements are overwhelming, selling educational anxiety, which violates the public welfare and fairness of education. It is necessary to curb this unhealthy trend.

The second is to restrict approval. No new off-campus discipline training institutions for students in compulsory education will be approved, and the existing discipline training institutions will be unified into non-profit institutions. In other words, there will be no new discipline training institutions, and the existing discipline training institutions should seek transformation. Whether the discipline training institutions will eventually die out depends on the strength of the follow-up policies.

The third is to limit profit-making operations. Recently, the Ministry of Education issued a document requesting that all discipline training institutions should be uniformly registered as non-profit organizations before the end of 2002/KLOC-0. For for-profit and non-profit, perhaps many parents do not deeply understand the difference between the two.