17 Education & Technology Group Inc. (NASDAQ:YQ) Q4 2022 Earnings Conference Call March 27, 2023 9:00 PM ET Company Participants Andy Liu - Founder, Chairman, Chief Executive Officer Michael Du - Director, Chief Financial Officer Lara Zhao - Investor Relations Manager Conference Call Participants Operator Good evening and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's 2022 Earnings Conference Call. At this time all participants are in a listen-only mode. After management's ...

Exhibit 99.1 17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results BEIJING, China, March 28, 2023 — (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) ("17EdTech" or the "Company"), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2022. Fourth Quarter 2022 Highlights 1 • Net revenues were RMB39.6 million (US$5.7 million), compared w ...

17 Education & Technology Group Inc. (NASDAQ:YQ) Q3 2022 Earnings Conference Call December 7, 2022 8:00 PM ET Company Participants Lara Zhao - IR Manager Andy Liu - Founder, Chairman & CEO Michael Du - Director & CFO Conference Call Participants Operator Good evening and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's Third Quarter 2022 Earnings Conference Call. Well, at this time, all participants are in a listen-only mode. After management's prepared remarks, there will be ...

[Company Announcement & Highlights](index=1&type=section&id=Company%20Announcement%20%26%20Highlights) This section provides an overview of 17EdTech's company information, key financial highlights for Q3 and the first nine months of 2022, and management's strategic commentary [Company Information](index=1&type=section&id=Company%20Information) 17 Education & Technology Group Inc. (17EdTech) is a leading education technology company in China, announcing its unaudited financial results for the third quarter of 2022 - 17 Education & Technology Group Inc. (NASDAQ: YQ) is a leading education technology company in China[2](index=2&type=chunk) [Third Quarter 2022 Highlights](index=1&type=section&id=Third%20Quarter%202022%20Highlights) In Q3 2022, 17EdTech reported net revenues of RMB124.6 million, a significant year-over-year decrease of 74.9% due to the cessation of K-12 tutoring services, but a 549.0% increase excluding legacy services, achieving a gross margin of 74.5% and significantly narrowing its net loss to RMB23.5 million, while recording adjusted net income (non-GAAP) of RMB8.3 million, marking its fourth consecutive quarter of non-GAAP profitability Third Quarter 2022 Key Financial Highlights | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | YoY Change (Excl. K-12) | | :-------------------------------- | :------------ | :------------ | :--------- | :---------------------- | | Net Revenues | 124.6 | 496.8 | -74.9% | +549.0% | | Gross Margin | 74.5% | 49.4% | +25.1 pp | | | Net Loss | (23.5) | (489.9) | Significantly Decreased | | | Net Loss as % of Net Revenues | -18.9% | -98.6% | Narrowed | | | Adjusted Net Income (non-GAAP) | 8.3 | (456.6) | Improved to Income | | | Adjusted Net Income as % of Net Revenues | 6.7% | -91.9% | Improved | - The company achieved net profitability for the fourth consecutive quarter on a non-GAAP basis[6](index=6&type=chunk) [First Nine Months 2022 Highlights](index=1&type=section&id=First%20Nine%20Months%202022%20Highlights) For the first nine months of 2022, net revenues were RMB491.5 million, a 70.1% decrease year-over-year, with gross margin improving to 61.9%, and the net loss significantly decreasing to RMB74.7 million, achieving an adjusted net income (non-GAAP) of RMB21.8 million, improving from a loss in the prior year First Nine Months 2022 Key Financial Highlights | Metric | 9M 2022 (RMB million) | 9M 2021 (RMB million) | YoY Change | | :-------------------------------- | :------------ | :------------ | :--------- | | Net Revenues | 491.5 | 1,642.0 | -70.1% | | Gross Margin | 61.9% | 58.2% | +3.7 pp | | Net Loss | (74.7) | (1,416.4) | Significantly Decreased | | Net Loss as % of Net Revenues | -15.2% | -86.3% | Narrowed | | Adjusted Net Income (non-GAAP) | 21.8 | (1,263.7) | Improved to Income | | Adjusted Net Income as % of Net Revenues | 4.4% | -77.0% | Improved | [Management Commentary](index=2&type=section&id=Management%20Commentary) Management expressed encouragement regarding Q3 2022 performance, highlighting net revenues of RMB124.6 million despite COVID-19 impacts, continued development and upgrade of SaaS offerings, and exploration of personalized self-directed learning products, noting the achievement of non-GAAP net profitability for the fourth consecutive quarter due to resilient operations and new business opportunities - The company recorded net revenues of **RMB124.6 million** in Q3 2022 despite COVID-19 outbreaks[6](index=6&type=chunk) - Continued development and upgrade of teaching and learning SaaS offerings and exploration of personalized self-directed learning products[6](index=6&type=chunk) - Achieved net profitability for the fourth consecutive quarter on a non-GAAP basis, demonstrating resilient operational foundation and new business opportunities[6](index=6&type=chunk) [Third Quarter 2022 Unaudited Financial Results](index=2&type=section&id=Third%20Quarter%202022%20Unaudited%20Financial%20Results) This section details the company's Q3 2022 financial performance, including revenues, costs, gross profit, operating expenses, and net loss, highlighting significant improvements in profitability metrics [Net Revenues](index=2&type=section&id=Net%20Revenues) Net revenues for Q3 2022 were RMB124.6 million, a 74.9% decrease year-over-year, primarily due to the cessation of online K-12 tutoring services, though excluding these services, net revenues significantly increased from RMB19.2 million to RMB124.6 million Net Revenues (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :----------- | :------------ | :------------ | :--------- | | Net Revenues | 124.6 | 496.8 | -74.9% | | Net Revenues (Excl. K-12) | 124.6 | 19.2 | +549.0% | - The decrease in net revenues was mainly due to the cessation of online K-12 tutoring services by the end of 2021[7](index=7&type=chunk) [Cost of Revenues](index=2&type=section&id=Cost%20of%20Revenues) Cost of revenues for Q3 2022 decreased by 87.4% year-over-year to RMB31.7 million, largely in line with the decrease in net revenues following the cessation of online K-12 tutoring services Cost of Revenues (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :------------- | :------------ | :------------ | :--------- | | Cost of Revenues | 31.7 | 251.4 | -87.4% | - Decrease in cost of revenues was largely in line with the decrease in net revenues due to the cessation of online K-12 tutoring services[8](index=8&type=chunk) [Gross Profit and Gross Margin](index=2&type=section&id=Gross%20Profit%20and%20Gross%20Margin) Gross profit for Q3 2022 was RMB92.9 million, a 62.2% decrease year-over-year, however, gross margin significantly increased to 74.5% from 49.4% in Q3 2021, primarily due to more stringent and efficient cost management Gross Profit and Gross Margin (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :----------- | :------------ | :------------ | :--------- | | Gross Profit | 92.9 | 245.4 | -62.2% | | Gross Margin | 74.5% | 49.4% | +25.1 pp | - The increase in gross margin was mainly attributable to the Company's more stringent and efficient cost management[9](index=9&type=chunk) [Total Operating Expenses](index=3&type=section&id=Total%20Operating%20Expenses) Total operating expenses for Q3 2022 decreased by 83.8% year-over-year to RMB120.5 million, including RMB31.8 million in share-based compensation expenses, with this significant reduction driven by decreases across all expense categories, largely due to regulatory changes and staff optimization Total Operating Expenses (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :--------------------- | :------------ | :------------ | :--------- | | Total Operating Expenses | 120.5 | 743.7 | -83.8% | | Share-based Compensation | 31.8 | | | [Sales and Marketing Expenses](index=3&type=section&id=Sales%20and%20Marketing%20Expenses) Sales and Marketing Expenses (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :------------------------ | :------------ | :------------ | :--------- | | Sales and Marketing Expenses | 27.9 | 388.6 | -92.8% | | Share-based Compensation | 4.7 | | | - Decrease mainly due to reduced promotional course expenses, advertising expenditures, and staff optimization following regulatory changes[13](index=13&type=chunk) [Research and Development Expenses](index=3&type=section&id=Research%20and%20Development%20Expenses) Research and Development Expenses (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :--------------------------- | :------------ | :------------ | :--------- | | Research and Development Expenses | 50.9 | 201.2 | -74.7% | | Share-based Compensation | 6.9 | | | - Decrease primarily attributable to staff optimization in line with business adjustment[13](index=13&type=chunk) [General and Administrative Expenses](index=3&type=section&id=General%20and%20Administrative%20Expenses) General and Administrative Expenses (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :------------------------------ | :------------ | :------------ | :--------- | | General and Administrative Expenses | 41.7 | 123.1 | -66.1% | | Share-based Compensation | 20.2 | | | - Decrease primarily due to staff optimization in line with business adjustment[14](index=14&type=chunk) [Impairment for Property and Equipment and Right-of-Use Assets](index=3&type=section&id=Impairment%20for%20Property%20and%20Equipment%20and%20Right-of-Use%20Assets) Impairment Expenses (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :-------------------------------------------------- | :------------ | :------------ | :--------- | | Impairment for Property and Equipment and Right-of-Use Assets | Nil | 30.8 | -100.0% | - No impairment losses recognized in Q3 2022, compared to **RMB30.8 million** in Q3 2021 due to changes in the online education industry's regulatory environment[14](index=14&type=chunk) [Loss from Operations](index=3&type=section&id=Loss%20from%20Operations) Loss from operations significantly narrowed to RMB27.6 million in Q3 2022 from RMB498.3 million in Q3 2021, improving as a percentage of net revenues from negative 100.3% to negative 22.2% Loss from Operations (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :--------------------- | :------------ | :------------ | :--------- | | Loss from Operations | (27.6) | (498.3) | Significantly Decreased | | Loss from Operations as % of Net Revenues | -22.2% | -100.3% | Improved | [Net Loss](index=3&type=section&id=Net%20Loss) Net loss for Q3 2022 was RMB23.5 million, a substantial reduction from RMB489.9 million in Q3 2021, with net loss as a percentage of net revenues improving from negative 98.6% to negative 18.9% Net Loss (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :-------------------------------- | :------------ | :------------ | :--------- | | Net Loss | (23.5) | (489.9) | Significantly Decreased | | Net Loss as % of Net Revenues | -18.9% | -98.6% | Improved | [Adjusted Net Income (Loss) (non-GAAP)](index=3&type=section&id=Adjusted%20Net%20Income%20(Loss)%20(non-GAAP)) Adjusted net income (non-GAAP) for Q3 2022 was RMB8.3 million, a significant improvement from an adjusted net loss of RMB456.6 million in Q3 2021, with adjusted net income as a percentage of net revenues improving to 6.7% from negative 91.9% Adjusted Net Income (Loss) (non-GAAP) (Q3 2022) | Metric | Q3 2022 (RMB million) | Q3 2021 (RMB million) | YoY Change | | :---------------------------------------- | :------------ | :------------ | :--------- | | Adjusted Net Income (Loss) (non-GAAP) | 8.3 | (456.6) | Improved to Income | | Adjusted Net Income (Loss) as % of Net Revenues | 6.7% | -91.9% | Improved | [Business Outlook & Non-GAAP Financial Measures](index=4&type=section&id=Business%20Outlook%20%26%20Non-GAAP%20Financial%20Measures) This section discusses the company's decision to cease revenue guidance due to market uncertainties and explains the use and limitations of non-GAAP financial measures [Business Outlook](index=4&type=section&id=Business%20Outlook) Due to uncertainties from COVID-19 outbreaks impacting government procurement, project delivery, consumer sentiment, and local government budgeting, 17EdTech has decided to cease providing revenue guidance, as new businesses are still in early development stages, making accurate forecasts challenging - COVID-19 outbreaks in China have led to uncertainties and potential delays in government procurement processes and unpredictable project delivery timetables, impacting revenue recognition[19](index=19&type=chunk) - Uncertainties also affect consumer sentiment and local government budgeting[19](index=19&type=chunk) - The Company has decided not to provide revenue guidance going forward due to these challenges and the early stage of new business development[19](index=19&type=chunk) [Non-GAAP Financial Measures](index=4&type=section&id=Non-GAAP%20Financial%20Measures) 17EdTech uses adjusted net income (loss) as a non-GAAP financial measure to assess comparative operating performance and future prospects, excluding share-based compensation expenses for a clearer view of core operating results and meaningful period-to-period comparisons, while acknowledging its limitations as a substitute for GAAP results - Adjusted net income (loss) is a non-GAAP financial measure used by management to understand comparative operating performance and future prospects[21](index=21&type=chunk) - It represents net loss excluding share-based compensation expenses, which management believes reflects ongoing business and operating performance for meaningful comparisons[21](index=21&type=chunk)[22](index=22&type=chunk) - Non-GAAP measures have limitations, are not prepared in accordance with GAAP, may not be comparable to other companies, and are not a substitute for GAAP results[23](index=23&type=chunk) [Additional Company Information](index=5&type=section&id=Additional%20Company%20Information) This section provides context on the company's operations, exchange rate information, a safe harbor statement, and contact details for investor relations [Exchange Rate Information](index=5&type=section&id=Exchange%20Rate%20Information) The company's revenues are primarily denominated in Renminbi (RMB), and for convenience, periodic reports translate RMB amounts into U.S. dollars (USD) using the exchange rate of US$1.00 = RMB7.1135 as of September 30, 2022, based on the U.S. Federal Reserve Board's noon buying rate - Company's business is primarily conducted in China, with all revenues denominated in Renminbi (RMB)[25](index=25&type=chunk) - USD translations for the three and nine months ended September 30, 2022, use an exchange rate of **US$1.00 = RMB7.1135**[25](index=25&type=chunk) [About 17 Education & Technology Group Inc.](index=5&type=section&id=About%2017%20Education%20%26%20Technology%20Group%20Inc.) 17 Education & Technology Group Inc. is a leading education technology company in China, providing smart in-school classroom solutions with data-driven teaching, learning, and assessment products, offering teaching and learning SaaS to facilitate digital transformation in Chinese schools, and a personalized self-directed learning product for families - 17 Education & Technology Group Inc. is a leading education technology company in China[26](index=26&type=chunk) - Offers smart in-school classroom solutions with data-driven teaching, learning, and assessment products[26](index=26&type=chunk) - Provides teaching and learning SaaS offerings for digital transformation in Chinese schools, focusing on homework and in-class teaching efficiency[26](index=26&type=chunk) - Offers a personalized self-directed learning product (not a tutoring service) for families, using technology and data for targeted content[26](index=26&type=chunk) [Safe Harbor Statement](index=5&type=section&id=Safe%20Harbor%20Statement) This announcement includes forward-looking statements under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995, which involve inherent risks and uncertainties, and actual results may differ materially due to various factors, with the company not undertaking to update any forward-looking statements except as required by law - Contains forward-looking statements under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995[27](index=27&type=chunk) - Forward-looking statements involve inherent risks and uncertainties, and actual results may differ materially due to various factors including growth strategies, market trends, and regulatory environment[27](index=27&type=chunk) - The company does not undertake any obligation to update any forward-looking statement, except as required under applicable law[27](index=27&type=chunk) [For Investor and Media Inquiries](index=6&type=section&id=For%20Investor%20and%20Media%20Inquiries) Contact information for investor and media inquiries is provided, directing interested parties to Ms. Lara Zhao, Investor Relations Manager, via email - Investor and media inquiries can be directed to Ms. Lara Zhao, Investor Relations Manager, via email: ir@17zuoye.com[28](index=28&type=chunk) [Unaudited Condensed Consolidated Financial Statements](index=7&type=section&id=Unaudited%20Condensed%20Consolidated%20Financial%20Statements) This section presents the company's balance sheets and statements of operations for Q3 and 9M 2022, including reconciliations of non-GAAP to GAAP measures [Unaudited Condensed Consolidated Balance Sheets](index=7&type=section&id=UNAUDITED%20CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) As of September 30, 2022, total assets decreased to RMB1,082.4 million from RMB1,580.4 million at December 31, 2021, primarily driven by a reduction in cash and cash equivalents, while total liabilities also significantly decreased to RMB225.3 million from RMB783.4 million, mainly due to reductions in accrued expenses, deferred revenue, and operating lease liabilities, and total shareholders' equity increased to RMB857.2 million Condensed Consolidated Balance Sheet Highlights | Metric | As of Dec 31, 2021 (RMB thousand) | As of Sep 30, 2022 (RMB thousand) | As of Sep 30, 2022 (USD thousand) | | :-------------------------------- | :----------------------- | :----------------------- | :----------------------- | | Cash and cash equivalents | 1,180,898 | 850,943 | 119,624 | | Total Current Assets | 1,342,724 | 1,002,998 | 141,000 | | Total Assets | 1,580,421 | 1,082,448 | 152,169 | | Total Current Liabilities | 683,056 | 213,184 | 29,969 | | Total Liabilities | 783,385 | 225,283 | 31,670 | | Total Shareholders' Equity | 797,036 | 857,165 | 120,499 | [Unaudited Condensed Consolidated Statements of Operations (Three Months Ended September 30, 2022)](index=9&type=section&id=UNAUDITED%20CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) For the three months ended September 30, 2022, net revenues were RMB124.6 million, a significant decrease from RMB496.8 million in the prior year, but gross margin improved substantially to 74.5%, and total operating expenses were significantly reduced, leading to a narrowed net loss of RMB23.5 million compared to RMB489.9 million in Q3 2021 Condensed Consolidated Statements of Operations (Q3 2022) | Metric | Q3 2021 (RMB thousand) | Q3 2022 (RMB thousand) | Q3 2022 (USD thousand) | | :-------------------------------------------------- | :------------ | :------------ | :------------ | | Net revenues | 496,834 | 124,570 | 17,512 | | Cost of revenues | (251,426) | (31,712) | (4,458) | | Gross profit | 245,408 | 92,858 | 13,054 | | Total operating expenses | (743,686) | (120,469) | (16,935) | | Loss from operations | (498,278) | (27,611) | (3,881) | | Net loss | (489,930) | (23,537) | (3,309) | | Net loss per ADS (Basic and diluted) | (9.90) | (0.50) | (0.10) | Share-based Compensation Expenses (Q3 2022) | Category | Q3 2021 (RMB thousand) | Q3 2022 (RMB thousand) | Q3 2022 (USD thousand) | | :-------------------------------- | :------------ | :------------ | :------------ | | Sales and marketing expenses | 7,111 | 4,689 | 659 | | Research and development expenses | 12,002 | 6,912 | 972 | | General and administrative expenses | 14,170 | 20,248 | 2,846 | | Total | 33,283 | 31,849 | 4,477 | [Reconciliations of Non-GAAP Measures to GAAP Measures (Three Months Ended September 30, 2022)](index=10&type=section&id=Reconciliations%20of%20non-GAAP%20measures%20to%20the%20most%20comparable%20GAAP%20measures) For Q3 2022, by excluding share-based compensation expenses of RMB31.8 million from the GAAP net loss of RMB23.5 million, the company achieved an adjusted net income (non-GAAP) of RMB8.3 million, a significant improvement from an adjusted net loss of RMB456.6 million in Q3 2021 Non-GAAP Reconciliation (Q3 2022) | Metric | Q3 2021 (RMB thousand) | Q3 2022 (RMB thousand) | Q3 2022 (USD thousand) | | :----------------------- | :------------ | :------------ | :------------ | | Net Loss | (489,930) | (23,537) | (3,309) | | Share-based compensation | 33,283 | 31,849 | 4,477 | | Adjusted net (loss) income | (456,647) | 8,312 | 1,168 | [Unaudited Condensed Consolidated Statements of Operations (Nine Months Ended September 30, 2022)](index=11&type=section&id=UNAUDITED%20CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS_1) For the first nine months of 2022, net revenues were RMB491.5 million, a substantial decrease from RMB1,642.0 million in the prior year, with gross profit at RMB304.2 million and a gross margin of 61.9%, while total operating expenses were significantly reduced to RMB395.0 million, resulting in a net loss of RMB74.7 million, a considerable improvement from RMB1,416.4 million in the same period of 2021 Condensed Consolidated Statements of Operations (9M 2022) | Metric | 9M 2021 (RMB thousand) | 9M 2022 (RMB thousand) | 9M 2022 (USD thousand) | | :-------------------------------------------------- | :------------ | :------------ | :------------ | | Net revenues | 1,641,972 | 491,508 | 69,095 | | Cost of revenues | (687,054) | (187,270) | (26,326) | | Gross profit | 954,918 | 304,238 | 42,769 | | Total operating expenses | (2,399,506) | (395,043) | (55,534) | | Loss from operations | (1,444,588) | (90,805) | (12,765) | | Net loss | (1,416,358) | (74,734) | (10,507) | | Net loss per ADS (Basic and diluted) | (29.10) | (1.50) | (0.20) | Share-based Compensation Expenses (9M 2022) | Category | 9M 2021 (RMB thousand) | 9M 2022 (RMB thousand) | 9M 2022 (USD thousand) | | :-------------------------------- | :------------ | :------------ | :------------ | | Sales and marketing expenses | 18,705 | 12,037 | 1,692 | | Research and development expenses | 35,251 | 21,272 | 2,990 | | General and administrative expenses | 98,694 | 63,244 | 8,891 | | Total | 152,650 | 96,553 | 13,573 | [Reconciliations of Non-GAAP Measures to GAAP Measures (Nine Months Ended September 30, 2022)](index=12&type=section&id=Reconciliations%20of%20non-GAAP%20measures%20to%20the%20most%20comparable%20GAAP%20measures_1) For the first nine months of 2022, after excluding share-based compensation expenses of RMB96.6 million from the GAAP net loss of RMB74.7 million, the company reported an adjusted net income (non-GAAP) of RMB21.8 million, representing a significant improvement from an adjusted net loss of RMB1,263.7 million in the same period of 2021 Non-GAAP Reconciliation (9M 2022) | Metric | 9M 2021 (RMB thousand) | 9M 2022 (RMB thousand) | 9M 2022 (USD thousand) | | :----------------------- | :------------ | :------------ | :------------ | | Net Loss | (1,416,358) | (74,734) | (10,507) | | Share-based compensation | 152,650 | 96,553 | 13,573 | | Adjusted net (loss) income | (1,263,708) | 21,819 | 3,066 |

17 Education & Technology Group Inc. (NASDAQ:YQ) Q2 2022 Earnings Conference Call September 13, 2022 9:00 PM ET Company Participants Lara Zhao - IR Manager Andy Chang Liu - Founder, Chairman & CEO Michael Chao Du - CFO Conference Call Participants Operator Good evening, and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's First [ph] Quarter 2022 Earnings Conference Call. At this time all participants are in listen-only mode, after the Management's prepared remarks there'll be ...

17 Education & Technology Group Inc. (NASDAQ:YQ) Q1 2022 Earnings Conference Call June 9, 2022 9:00 PM ET Company Participants Lara Zhao - IR Manager Michael Du - CFO Andy Chang Liu - Founder, Chairman & CEO Conference Call Participants Operator Good evening and good morning, ladies and gentlemen and thank you for standing by for 17EdTech's First Quarter 2022 Earnings Conference Call. At this time, all participants are in listen-only mode. After the management's prepared remarks, there will be a question-an ...

17 Education & Technology Group Inc. (NASDAQ:YQ) Q4 2021 Earnings Conference Call March 8, 2022 7:00 PM ET Company Participants Michael Du - Director & Chief Financial Officer Andy Chang Liu - Founder, Chairman & Chief Executive Officer Conference Call Participants Operator Good evening and good morning, ladies and gentlemen and thank you for standing by for 17EdTech's Fourth Quarter 2021 Earnings Conference Call. At this time, all participants are in listen-only mode. After the management prepared remarks, ...