{ "docId": "019dd923-622c-750b-8b9a-d9e512d5a5f7", "docSlug": "f289bd97a3f5", "documentTitle": "GSX Techedu (GSX)", "authorId": "62_Grizzly_Research", "authorName": "Grizzly Reports", "documentKindSlug": "research-note", "documentKindLabel": "Research note", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2020-02-25 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 48, "pageCount": 59, "prevPage": 47, "nextPage": 49, "slideType": "villain_critique", "function": "name_villain", "density": "overcrowded", "nDataPoints": 0, "notes": "The slide presents anecdotal evidence of labor exploitation and visa fraud to support a negative assessment of certain entities.", "elementsJson": [ "paragraph" ], "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-d9e512d5a5f7/48", "deckHref": "/decks/019dd923-622c-750b-8b9a-d9e512d5a5f7", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-d9e512d5a5f7.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-d9e512d5a5f7#slide-48", "components": [ { "bbox": null, "kind": "callout", "text": "The content of these posts and allegations are pretty detailed and look credible to us.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd953-78b5-7512-b5b0-c19772bd7ec6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.66, "x": 0.17, "y": 0.25 }, "kind": "paragraph", "text": "They also take twice as much taxes as they should from your pay check because they figure since you cannot read Chinese you will never know the true tax rate for foreigners (10% excluding the first 4,800 of income which is tax exempt), Anyway, there is nothing good about this school operation even the pay which is 5,000 per month below the average pay of 18,500 for foreign teachers in China.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "048312b1-e261-4214-bd5b-787bfb477581", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.66, "x": 0.17, "y": 0.8 }, "kind": "paragraph", "text": "In 2015-2016, 47 of their fake teachers were arrested and booted out of China dor fake diplomas, phony TEFL certificates, or black visas. For desperate refugees they fill a niche market. But the PSB was just told about these shysters and all the parents will be getting the 411 on them shortly. The smart ones will get a refund while there are still assets and money in their bank accounts.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1ff8fde9-6e67-497d-9d29-9a2fe6751152", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.66, "x": 0.17, "y": 0.45 }, "kind": "paragraph", "text": "SinoEdu aka Sino J is a China Job Scam for English teachers to avoid in Beijing (posted 1 year and 10 months ago)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "863d8a86-4fd2-4e03-9aac-96468e44dbf8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.66, "x": 0.17, "y": 0.5 }, "kind": "paragraph", "text": "First off this company is Chinese owned and likes to tell parents they are part of an \"American Joint Venture\" This is false. Secondly they are not registered with nor approved by SAFEA to hire foreigners, so all the foreign teachers working there are illegal and can be arrested any day... and then deported as a convicted criminal with a record. Thirdly, from the three teachers we spoke with that work there, only a Syrian or Ukranian refugee would think their salary is OK. All other foreigners say it is \"garbage pay\" and only a job they take until finding a better one.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b72779d6-70f1-41e9-850b-dea90799a27a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.66, "x": 0.17, "y": 0.92 }, "kind": "paragraph", "text": "The content of these posts and allegations are pretty detailed and look credible to us. To be clear, we do not know whether or not the company Nan Shen worked for before joining GSX is actually a scam or not,", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c81ff80d-381d-41ad-b2b9-167f5143df02", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.66, "x": 0.17, "y": 0.88 }, "kind": "paragraph", "text": "They are blacklisted by both the CTA and CFTU and more comments about them are at reddit.com/r/chinascamcentral.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d78cef4d-6810-413f-be15-400c1a81e83a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.66, "x": 0.17, "y": 0.65 }, "kind": "paragraph", "text": "They also play money games with their teachers by letting them work 39 hours a week instead of 40 because full-time teachers must be given rights and benefits. Fake taxes deducted from monthly pay is a common problem. The illegal teachers cannot complain to the police about this or they get arrested and deported. Part-time teachers cannot complain about unpaid overtime, and will not get vacation pay or medical insurance. All the foreign teachers are presented as \"American native speakers to the mothers.\" In reality, most of them are from Eastern Europe and of 153 foreign teachers working at 4 locations, 7 were actually real teachers before coming to China.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d8455a9f-d789-490f-9ced-a78221e94793", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.66, "x": 0.17, "y": 0.35 }, "kind": "paragraph", "text": "They will take your photo and use it to make fake testimonials on the internet that you will not even know about and no matter where you come from, they will lie to the mothers and say you a famous American teacher and then demand that you go along with their lies! RECOMMENDATION: AVOID!", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "dd66215d-b0d2-452e-b046-efa79380949e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.66, "x": 0.17, "y": 0.1 }, "kind": "paragraph", "text": "arrested and deported because they deliberately got you the wrong visa so they can keep you on a string. They were supposed to have gotten you a Z visa (work visa) from the first day. When you ask about this they will tell you that you will get it after your 90 or 180 day probation period, But when that time comes they only give you a contact on the black market and tell you to buy your own Z Visa for 20,000!", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "edc9815b-0482-40f1-91c0-5af1d3688c19", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "First off this company is Chinese owned and likes to tell parents they are part of an \"American Joint Venture\" This is false. Secondly they are not registered with nor approved by SAFEA to hire foreigners, so all the foreign teachers working there are illegal and can be arrested any day... and then deported as a convicted criminal with a record.", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-78b5-7512-b5b0-c578c6b16e61", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }