Mynd.ai Inc (China)

The Company primarily engaged in providing kindergarten educational services, play-and-learn center services, student care services and sale of educational merchandise in the People's Republic of China (“PRC”) and in Singapore.
The Company provides kindergarten services, play-and-learn center services, student care services, as well as at-home education products and services, through its subsidiaries and VIE in mainland China and abroad, to teaching facilities within its network. The Company also license its separately developed courses, sell educational products and also provide kindergarten operation solutions, training and other advisory services.
Based on how the Company s CODM assesses the performance of the business, as well as the availability of discrete financial information, the Company has identified two reportable segments: eLMTree and GEH Singapore.
HISTORY
2007 The Company was incorporated under the laws of the Cayman Islands on January 11, 2007.
1998 The Company opened its first play-and-learn center in 1998 in Beijing.
2001, the Company incorporated Beijing RYB Children Potential Education Entertainment Co., Ltd. to expand the operation of play-and-learn centers and kindergartens.
2006, the Company changed the name of Beijing RYB Children Potential Education Entertainment Co., Ltd. to Beijing RYB Children Education Technology Development Co., Ltd.
2007, the Company incorporated Top Margin Limited, an exempted company under the laws of the Cayman Islands, as its offshore holding company to facilitate financing and offshore listing. Shortly following its incorporation, its company issued ordinary shares to the holding vehicles of the then shareholders of Beijing RYB, in proportion to these shareholders then respective equity interest percentages in Beijing RYB. Later in 2007, the Company also established a wholly owned subsidiary, Beijing RYB Technology Development Co., Ltd..
2017 The Company changed the corporate name of its company from Top Margin Limited to RYB Education, Inc. Its ADSs had been approved for listing on the New York Stock Exchange under the symbol RYB.
2019, The Group acquired 100 equity interest in Mulberry Learning Centre Alexandra Pte. Ltd., a kindergarten located in Singapore,
2022 On May 24, 2022, its ADSs began trading under the symbol “GEHI” after it effected a change of its corporate name from “RYB Education, Inc.” to “Gravitas Education Holdings, Inc.” with the approval of its shareholders at the extraordinary general meeting held on March 13, 2022. Prior to October 14, 2022, each of its ADSs represented one Class A ordinary share. On October 14, 2022, It effected a change in the ratio of its ADSs to common shares from one ADS representing one Class A ordinary share to one ADS representing 20 Class A ordinary shares.
Acquisition of Guangzhou Liwan District RYB Tangning Garden Kindergarten ( Tangning Garden )
2023 The Company announced that the effective time of the merger between Bright Sunlight Limited, a Cayman Islands exempted company and a direct, wholly owned subsidiary of the Company (the “Merger Sub”) and Elmtree Inc., a Cayman Islands exempted company limited by shares wholly owned by Best Assistant Education Online Limited, a Cayman Islands exempted company (“Best Assistant”) and a controlled subsidiary of NetDragon Websoft Holdings Limited on December 13, 2023. As a result of the Merger, GEHI will change its corporate name to “Mynd.ai, Inc.” and its ticker to “MYND.” The ADSs of the Company are expected to start trading on NYSE American under the new name and ticker at the open on December 13, 2023.