The Qichacha APP shows that Shanghai Yiqilai Culture Communication Co., Ltd., an affiliated company of Xiaoyinka, was established in 2015. The legal representative is Li Ai, and the registered capital is 3.0587 million yuan.
The company check information shows that,The company controls a total of 18 enterprises, and the provinces and regions involve Shanghai, Guangdong, Sichuan, Hebei, etc., and its branches total 23.In June 2021, the company was administratively punished for publishing illegal advertisements and fined 10,000 yuan.
According to the company’s investigation, in August 2021, its subsidiary Shanghai Yiqilai Culture Communication Co., Ltd. Pudong No. 1 Branch was fined 200,000 yuan for “using the name of the state organ of the Communist Youth League Shanghai Committee” in advertisements. In addition, the company’s wholly-owned subsidiary, Shanghai Yinqiai Culture Communication Co., Ltd., was included in the list of abnormal business operations on June 17 this year, because “the registered residence or business place cannot be contacted.”
Wang Zuozhongyou said in Weibo,Xiaoyinka has a number of deceptive behaviors, including “the company signed a cooperation agreement with the Bank of Shanghai for a fund supervision account”; “there are government subsidies for buying classes”; “calling itself a state-owned enterprise under the Municipal Youth League Committee and a semi-state-owned school incubated by the Communist Youth League Committee” “Wait.
According to its official website, Xiaoyinka focuses on music tutoring for children aged 4 to 12. It is a strategic partner of the Shanghai International Children’s Art Festival and a member of the National Youth Palace Cooperation Unit. Xiaoyin Cafe provides systematic music tutoring services. The tutoring courses cover four major curriculum systems: 1-to-1 instrumental vocal music, general music and interest literacy, children’s orchestra and diversified development. The 1-to-1 instrumental and vocal music course provides each child with a customized music course based on interest, knowledge, and creative practice according to the characteristics and goals of children at different ages.
In August 2021, Xiaoyinka announced that its revenue in 2020 will be 260 million yuan, a year-on-year increase of more than 200% under the epidemic; it is expected that the number of stores will expand to 22 by the end of 2021, and the annual revenue will exceed 600 million yuan. In April 2022, Xiaoyinka also announced the wholly-owned acquisition of VIP Peilian.
