Will Yuanfudao’s online classes be cancelled?

As of December 2021, Yuanfudao online courses have not been cancelled.

Yuanfudao was founded in 2012 and has successfully completed multiple rounds of financing led by well-known funds and giant companies such as IDG Capital, Hillhouse Capital, Boyu Capital, Warburg Pincus, and Tencent, with a valuation of more than 78 billion dollars. On May 10, 2021, the Beijing Municipal Administration for Market Regulation imposed an administrative penalty of a warning and a maximum fine of 2.5 million yuan on Beijing Yuanli Education Technology Co., Ltd. (Yuanfaudao) in accordance with the law.

Strategic Cooperation

In January 2019, it became the exclusive strategic cooperation and exclusive online tutoring partner of "The Strongest Brain" and launched the "Primary School Mathematics Ability Training Camp" customized course simultaneously with the program. Strategic cooperation will be carried out throughout the program.

In August 2019, Yuanfudao and Learning Power cooperated for the first time. Yuanfudao’s exclusive original course "Doremi" Classical Music Enlightenment Course" was selected into "Learning Power" and was highly recommended. ?

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