{"url_path":"/sec/fedu/10-k/2026/item-9","section_key":"item-9","section_title":"Item 9 THE OFFER AND LISTING","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-17","source_url":"https://www.sec.gov/Archives/edgar/data/1709819/0001193125-26-273350-index.html","accession_number":"0001193125-26-273350","cik":"0001709819","ticker":"FEDU","issuer_name":"Four Seasons Education (Cayman) Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1709819/0001193125-26-273350-index.html","primary_entity_key":"0001709819","primary_entity_name":"Four Seasons Education (Cayman) Inc."},"word_count":159,"has_tables":true,"body_markdown":"ITEM 9. THE OFFER AND LISTING\n\nA. Offer and Listing Details\n\nOur ADSs have been listed on the New York Stock Exchange since November 8, 2017 and traded under the symbol “FEDU.” Each ADS represents ten ordinary share as of February 28, 2026.\n\nOn June 21, 2022, we changed the ratio of our ADS representing our ordinary shares from two ADSs representing one ordinary share to one ADS representing ten ordinary shares. The change in the ADS ratio had the same effect as one-for-twenty reverse ADS split. There was no change to the underlying ordinary shares, and no ordinary shares was issued or cancelled in connection with the change in ADS ratio.\n\n \n\n134\n\n \n\n[Table of Contents](#toc_page)\n\n \n\n \n\n \n\nB. Plan of Distribution\n\nNot applicable.\n\nC. Markets\n\nOur ADSs have been listed on the New York Stock Exchange since November 8, 2017 under the symbol “FEDU.”\n\nD. Selling Shareholders\n\nNot applicable.\n\nE. Dilution\n\nNot applicable.\n\nF. Expenses of the Issue\n\nNot applicable."}