2024 SECOND QUARTER EARNINGS CALL August 7, 2024 Speakers: Mr. Kevin Ma, Chairman & CEO Mr. Jun Zhang, President Mr. Ruobai Sima, CFO Safe Harbor This presentation was developed by ATA Creativity Global ("ACG" or the "Company") and is intended to be used solely in connection with ACG's earnings call for the second quarter and six months ended June 30, 2024. This presentation is not to be construed as an offer to sell or the solicitation of an offer to buy the Company's securities. This presentation is based ...

Core Viewpoint - ATA Creativity Global (ACG) is set to release its financial results for the second quarter and six months ended June 30, 2024, on August 7, 2024, after market close, followed by a conference call to discuss the results [1]. Group 1 - The conference call will take place at 9:00 p.m. ET on the same day as the financial results release [1]. - Participants can join the call using specific dial-in numbers provided for U.S., Canada, and international callers, including a local access number for China and Hong Kong [2]. - A live webcast of the call will be available, along with an accompanying slide presentation on the company's investor relations website [2]. Group 2 - A Q&A session will follow the management's prepared remarks, allowing participants to submit questions via email if preferred [3]. - ATA Creativity Global focuses on providing quality educational services aimed at enhancing students' creativity through various offerings, including portfolio training and overseas study counseling [4].

Core Points - ATA Creativity Global (ACG) has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of US$1.00 for continued listing, as its American depositary shares (ADSs) have been below this threshold for 30 consecutive business days [1][2] - The company has until November 25, 2024, to regain compliance with the minimum bid price requirement, and if the bid price closes at or above US$1.00 for at least 10 consecutive business days before this date, compliance will be restored [2][3] - If compliance is not achieved by the deadline, ACG may qualify for additional time to regain compliance if it meets other listing requirements, excluding the minimum bid price [3] Company Overview - ACG is an international educational services company that focuses on providing quality learning experiences aimed at enhancing students' creativity [4] - The company offers a variety of educational services, including portfolio training, research-based learning services, and overseas study counseling through its training center network [4]

Financial Data and Key Metrics Changes - Total net revenues for Q1 2024 were RMB 48.1 million, a 13.7% increase from RMB 42.3 million in Q1 2023, primarily driven by portfolio training services [11][12] - Gross margin improved to 45.5% in Q1 2024 from 44.3% in the prior year period, indicating increased operational efficiencies [11] - Net loss attributed to ACG was RMB 17.9 million in Q1 2024, slightly higher than RMB 17.8 million in the prior year, mainly due to increased sales expenses [12] Business Line Data and Key Metrics Changes - Total student enrollment for Q1 2024 was 1,370, up nearly 25% from about 1,097 in the prior year period [10] - Enrollment in core portfolio training programs increased more than 33%, with 863 students enrolled in Q1 2024 compared to 648 in the prior year [10] - Portfolio training credit hours delivered were 33,527, reflecting a 21.3% year-over-year increase [10] Market Data and Key Metrics Changes - The demand for nontraditional pathways to higher education in China has improved the visibility of arts education institutions [15] - The company hosted the Open Hack Shanghai Fashion Week program, which was well-received and contributed to student portfolios for overseas applications [16] Company Strategy and Development Direction - The company aims to continue growing its core portfolio training service business while exploring potential acquisitions [14][20] - ACG is focused on enhancing research-based learning and overseas study counseling services to provide a comprehensive educational offering [10][20] - The introduction of new projects like the United Nations art bootcamp aims to empower students and enhance their overseas study applications [18][19] Management's Comments on Operating Environment and Future Outlook - Management reiterated revenue expectations for 2024 to be between RMB 233 million to RMB 255 million, representing a 5% to 15% increase from 2023 [14] - The company remains optimistic about its prospects for 2024 and is committed to supporting students academically and emotionally [22] Other Important Information - The company has a solid financial position with US$ 8 million in cash and cash equivalents, despite a working capital deficit of US$ 36.9 million [12] - Management emphasized the importance of student outcomes and the role of dedicated instructors and institutional partnerships in achieving these goals [20] Q&A Session Summary Question: Thoughts on enrollment in portfolio training and its trajectory - Management noted strong growth in Q1 with nearly 50% revenue increase in the previous quarter, driven by student enrollment and credit hours delivered [25] - They believe ongoing investment in teaching resources will support sustainable growth in portfolio training services [26] Question: Additional color on revenue guidance and growth sources - Management indicated that core business and portfolio training will see sustainable growth in the next two to three quarters, with additional revenue from project-based learning and overseas study companies [30]

2024 FIRST QUARTER EARNINGS CALL May 15, 2024 Speakers: Mr. Kevin Ma, Chairman & CEO Mr. Ruobai Sima, CFO Safe Harbor This presentation was developed by ATA Creativity Global (“ACG” or the “Company”) and is intended to be used solely in connection with ACG’s earnings call for the three months ended March 31, 2024. This presentation is not to be construed as an offer to sell or the solicitation of an offer to buy the Company’s securities. This presentation is based upon information available to the public, a ...

BEIJING, May 08, 2024 (GLOBE NEWSWIRE) -- ATA Creativity Global ((", ACG", or the ", Company", , NASDAQ:AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students' creativity, today announced that it will release financial results for the first quarter ended March 31, 2024, after the close of the stock market on Tuesday, May 14, 2024. The Company will discuss those results in a conference call the following day, Wednesday, May 1 ...

BEIJING, April 10, 2024 (GLOBE NEWSWIRE) -- ATA Creativity Global ((", ACG", or the ", Company", , NASDAQ:AACG), an international education services company focused on providing quality learning experiences that cultivate and enhance students' creativity, today announced that it has filed its annual report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission ("SEC"). The annual report can be accessed at the Company's investor relations website at http://ir.atai ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered American Depositary Shares, each representing two common shares, par value $0.01 per share AACG Nasdaq Global Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal ye ...

ATA Creativity Global (NASDAQ:AACG) Q4 2023 Earnings Conference Call March 26, 2024 9:00 PM ET Company Participants Carolyne Sohn - IR, The Equity Group Inc. Ruobai Sima - CFO Jun Zhang - President & Director Conference Call Participants Operator Greetings, and welcome to the ATA Creativity Global Fourth Quarter and Year End 2023 Financial Results. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Carolyne Sohn, Vice President. Thank you ...

BEIJING, March 15, 2024 (GLOBE NEWSWIRE) -- ATA Creativity Global ((", ACG", or the ", Company", , NASDAQ:AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students' creativity, today announced that it will release financial results for the fourth quarter and year ended December 31, 2023, after the close of the stock market on Tuesday, March 26, 2024. The Company will discuss those results in a conference call at 9 p.m. ET that ...