Strong Net Income Growth
Net income increased to RMB126.8 million, highlighting the company's ability to optimize operations while selectively investing in promising opportunities.
Expansion and Success in Silver Economy
Consumer business revenues reached RMB64.5 million, a 39% increase compared to the same period last year, driven by expansion into wellness products targeting the silver economy.
High Conversion Rate in Calligraphy Program
The calligraphy program for senior learners saw conversion rates for advanced courses increase from over 40% to over 60%.
Strong Cash Position
The company reported RMB1,213.2 million in cash and equivalents, providing financial flexibility for strategic investments.
Decreased Operating Expenses
Total operating expenses decreased by 36.5% year-over-year, reflecting disciplined cost management and improved operational efficiency.