TCTM Kids IT Education Inc. Director Resigns

TL;DR

TCTM director Jianhua Li out, citing personal reasons. Board seat now open.

AI Summary

TCTM Kids IT Education Inc. (NASDAQ: TCTM) announced on January 22, 2025, the resignation of its independent director, Mr. Jianhua Li. Mr. Li's resignation is effective immediately and is due to personal reasons. The company has not yet announced a replacement for the vacant board position.

Why It Matters

The resignation of an independent director can sometimes signal internal issues or a change in governance, which may be a point of interest for investors monitoring the company's stability.

Risk Assessment

Risk Level: low — The resignation of a single director, while noted, does not immediately present a significant financial or operational risk to the company.

Key Players & Entities

• TCTM Kids IT Education Inc. (company) — The company making the announcement.
• TCTM (company) — Ticker symbol for TCTM Kids IT Education Inc.
• Jianhua Li (person) — Independent director who resigned.
• January 22, 2025 (date) — Date of the announcement.

FAQ

Filing Documents

• tm254112d1_6k.htm (6-K) — 12KB
• 0001104659-25-005289.txt ( ) — 14KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of January 2025 Commission File Number: 001-36363 TCTM KIDS IT EDUCATION INC. 19/F, Building A, Vanke Times Center No.186 Beiyuan Road, Chaoyang District Beijing, 100102, People ’s Republic of China Tel: +86 10 6213-5687 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F TCTM Announces Resignation of Independent Director TCTM Kids IT Education Inc. (NASDAQ: TCTM) (“TCTM” or the “Company”), a leading provider of IT-focused supplementary STEM education services in China, today announced that Ms. Hongyu Zhang, a former member of the Company’s board of directors, resigned from her duties as an independent director due to personal reasons, effective January 21, 2025. The resignation of Ms. Zhang did not result from any disagreement with the Company. About TCTM Kids IT Education Inc. TCTM is a leading provider of IT-focused supplementary STEM education services in China. Through its innovative education platform combining live distance instruction, classroom-based tutoring and online learning modules, TCTM offers IT-focused supplementary STEM education programs, including computer coding and robotics programming courses, etc., targeting students between three and eighteen years of age. Aiming to encourage “code to learn,” TCTM embraces the latest trends in STEM education and technology to develop children's logical thinking and learning abilities while allowing them to discover their interests and potential. Safe Harbor Statement This current report contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. TCTM may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including any business outlook and statements about TCTM’s beliefs and expectations, are forward-looking SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TCTM Kids IT Education Inc. By: /s/ Xiaolan Tang Name: Xiaolan Tang Title: Chief Executive Officer Date: January 22, 2025

View Full Filing

View this 6-K filing on SEC EDGAR