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Slide #16. ATA Inc. — Xing Wei Institute (HK) Limited
Acquirer:
ATA Inc. (NASDAQ:ATAI)
Acquiree:
Xing Wei Institute (HK) Limited
Details:
ATA Inc. ("ATA" or the "Company", Nasdaq: ATAI), a leading provider of advanced testing technologies and testing-related services in China, today announced that, on October 31, 2013, it closed on the previously announced acquisition of Xing Wei Institute (HK) Limited ("Xing Wei"), a private education technology company that provides training solutions as well as online and mobile training platforms for corporations in China, for US$3.19 million. ATA reported net revenues of RMB366.7 million (US$59.0 million) for the fiscal year ended March 31, 2013.
ATAI Life Sciences is a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders. info@atai.life
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