Zhang Xuefeng's company follow-up: The number of insured participants increased by over 10 times in 3 years, with 9 companies having more than 1,000 insured employees.

Ask AI · How do the employee rights protection mechanisms work after the founder passes away?

Fengxue NIO general manager said that the rights and interests of both students and employees are all protected.

Investment Time Network, Dian Dian Finance news flash

On March 24, Zhang Xuefen died unexpectedly due to sudden illness despite emergency treatment, and the general manager of Fengxue NIO said that the rights and interests of the students and employees are all protected. Earlier, the company drew attention for implementing a four-day workweek.

The Tianyancha App shows that Suzhou Fengxue NIO Education Technology Co., Ltd. was established in May 2021, with Zhang Xuefen (Zhang Zibiao) as the legal representative. The registered capital is RMB 10 million. Its business scope includes second-category value-added telecommunications business, retail of publications, and the operation of radio and television program production, among others. The company’s shares are jointly held by Zhang Xuefen, Suzhou Yuntu Education Technology Co., Ltd., Kangli, and Xie Guixiang.

Insurance enrollment information shows that the company’s number of insured employees increased from 24 people in 2021 to 273 people in 2024.

The Tianyancha App also shows that Zhang Xuefen (Zhang Zibiao) is associated with 11 companies under his name, of which 9 are in operation, including Suzhou Fengxue NIO Education Technology Co., Ltd., Suzhou Yuntu Education Technology Co., Ltd., Beijing Fengyan Fengyu Culture Communication Co., Ltd., and others. Zhang Zibiao holds positions such as executive director and legal representative in the above-mentioned companies.

Annual report information shows that among the 9 operating companies mentioned above, the total number of insured employees exceeds 1,000 people.

Author statement: Personal views only, for reference