What does it mean to be a nonprofit organization?

Legal analysis: the change of offline education and training institutions and existing discipline training institutions into non-profit institutions under the double reduction policy means that the income of educational institutions can only be used for their own development, not for distribution, foreign investment or economic returns of investors.

Legal basis: Article 16 of the Law of People's Republic of China (PRC) on the Promotion of Private Education encourages private schools to implement educational activities online by using Internet technology. The use of Internet technology to carry out educational activities on the Internet shall abide by the laws and administrative regulations of the state on Internet management. Private schools that use Internet technology to implement educational activities online shall obtain corresponding school licenses. Private schools should establish and implement the Internet security management system and security protection technical measures when using Internet technology to implement educational activities online. When discovering information that is prohibited by laws and administrative regulations from being published and disseminated, it shall immediately stop the dissemination, take measures such as elimination, prevent the information from spreading, keep relevant records, and report to the relevant competent departments. Foreigners who use Internet technology to carry out educational activities online shall abide by the provisions of relevant laws and administrative regulations such as the management of foreigners' work, education and so on in China.