Lixiang Education is a private education provider in China that operates high school and vocational programs. The company runs Lishui International School, a boarding facility in Zhejiang Province for children of overseas Chinese returnees. This school prepares students for the PRC Joint Recruitment Examination, which offers an alternative admission track to Chinese universities. Lixiang also manages vocational schools, including Langfang School and Hainan Jiangcai, which offer career training in fields such as nursing, rail transportation, and graphic design. These programs allow students to pursue immediate employment or prepare for vocational college entrance exams. Through its subsidiary Hebei Chuangxiang, Lixiang generates additional revenue by placing vocational students in internships for labor dispatch fees and providing staffing services to the healthcare and elderly care sectors. The company's primary revenue sources are tuition, room, and board fees, while its main costs are teacher salaries and campus leases. To comply with Chinese regulations on foreign investment, Lixiang operates its schools through variable interest entity (VIE) contractual arrangements. Following significant regulatory shifts in China, the company transitioned its focus away from compulsory primary and middle school education toward its current high school and vocational segments.