Li Sichen, which has been established for more than 20 years and has been listed for more than ten years, recently announced that due to strategic upgrades, the name of the listed company will be changed from the original "Li Sichen" to "Dou Shen Education". This name change means that this company, which started with information security, has now completely turned to the education track. Established in 1999, Li Sichen focuses on information security. Before 2012, its main business document management and video conference management encountered development bottlenecks, and its stock price also fell for a long time.
At the end of 2012, Li Sichen decided to transform its education business. For this reason, Li Sichen adopted mergers and acquisitions to Fax List quickly enter the relevant track. , a total of more than 20 mergers and acquisitions, spending more than 4.9 billion yuan. Among them, the most critical action occurred in 2018. In February of that year, Li Sichen announced to acquire a 51% stake in Chinese Future, which was established by Dou Xin, the former vice president of Gaosi Group, with 481 million yuan in cash, opening the layout in the field of Chinese quality education; In October of the same year, Li Sichen decided to spin off its information security business, and the big language business in charge of Dou Xin became the core of Li Sichen; In November, Li Sichen announced to acquire the remaining 39% stake in Chinese Future for 702 million yuan.
After the transaction is completed, Chinese will become a wholly-owned subsidiary of Lisichen in the future, and will create a Lisichen language brand. In June 2019, Li Sichen hired Dou Xin as the company's president. Under a series of layouts, Li Sichen, who has been laying out the big language track since 2012, has become an important player in the big language track, and behind the drastic internal innovation is the reality of the rapid development of the big language track.