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  "documentTitle": "GSX Techedu (GSX)",
  "authorId": "62_Grizzly_Research",
  "authorName": "Grizzly Reports",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-02-25 00:00:00",
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  "notes": "The slide uses SAIC filing data to highlight suspicious financial and operational ties between GSX and a disposed entity.",
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      "text": "It appears to us that GSX's investee (Beijing Youlian) and disposed entity (Baijia Yuntu) continue to have its employees work in GSX's building/office.",
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      "text": "Sales Manager, Market Development Manager, Sales Development Representative",
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      "text": "Net Profit: -8,716",
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      "text": "The operations of Baijia Shilian and Baijia Yuntu prior to the disposal were insignificant and thus, did not have a major effect on the Group's operation.",
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      "text": "Comparison of registered addresses for Beijing Genshuixue and Baijia Yuntu showing they are in the same building/room sequence.",
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