Group 1: Event Overview - The 2025 China International Service Trade Fair (CIFTIS) education service section opened on September 10, showcasing innovative practices and achievements in the education service trade from 55 domestic and international institutions and enterprises [1] - The theme of this year's exhibition is "Intelligent Future, Integrated Innovation," highlighting the new ecosystem of smart education [1] Group 2: Technological Innovations - Various smart educational equipment and solutions, such as programming smart cars, AI ink screens, and virtual intelligent agents, were prominently displayed, attracting significant attention from visitors [1] - The "Jing Xiao Zhuang" smart playground system allows schools to accurately monitor students' running distances and speeds, currently covering 52 schools in Beijing [1] Group 3: Artificial Intelligence Education - Starting from the fall semester of 2025, Beijing will fully implement general education in artificial intelligence, with several service providers showcasing their AI education programs at the exhibition [2] - Companies like Yuan Programming and New Oriental presented engaging programming devices, encouraging youth to create programming robot projects at home [2] Group 4: Cultural Exchange and International Education - A "Traditional Culture Handicraft Experience Zone" was established, where inheritors of intangible cultural heritage taught traditional skills, attracting participation from international students [3] - New Oriental is expanding its study-abroad services, offering comprehensive support from consultation to employment guidance, while several Beijing universities presented their international education programs [3] Group 5: Event Duration and Forums - The education service section of the exhibition runs from September 10 to 14, organized by the Beijing Municipal Education Commission and other local educational bodies [3] - Multiple high-level forums will be held during the event, including the opening ceremony and discussions on AI in education and bilateral study-abroad industry cooperation [3]

Core Viewpoint - The forum on "Bilateral Study Abroad" emphasizes the importance of international education and the development of a dual study abroad model, integrating both outbound and inbound student mobility to enhance educational internationalization in Beijing [1][2]. Group 1: Event Overview - The 2025 China International Service Trade Fair's education forum, themed "Bilateral Study Abroad, Cultivating Global Perspectives," gathered representatives from educational authorities, universities, enterprises, and industry organizations to explore new paths and opportunities in education internationalization [1]. - The forum highlighted the establishment of a comprehensive service system for international students in Beijing, enhancing the "Study in Beijing" brand's value and influence [1]. Group 2: Key Initiatives and Collaborations - Two significant outcomes were announced: the "China Study Abroad School-Enterprise Cooperation Platform," which integrates international talent resources from universities with corporate talent needs, and the "Comprehensive Service for International Students" launched by New Oriental Education Technology Group [2]. - Multiple strategic cooperation agreements were signed, including partnerships between the Australian National Education Group and Baoxin Group, as well as between Singapore Polytechnic and Beijing Financial and Trade Vocational College, aimed at expanding study abroad opportunities [2]. Group 3: Expert Insights and Discussions - Industry experts discussed new trends in bilateral study abroad, focusing on breaking institutional barriers, mutual recognition of degrees and credits, and the collaboration between government, universities, and enterprises to foster high-quality development [2]. - The forum also featured a roundtable dialogue on constructing a bilateral study abroad industry ecosystem, emphasizing the integration of education, technology, and talent [3]. Group 4: Future Directions - The Beijing International Education Exchange Center highlighted the importance of a four-part service system for international students, which includes understanding, studying, integrating, and staying in Beijing [3]. - The 2025 China International Service Trade Fair aims to create a global education resource marketplace, with Australia participating as the guest country, showcasing 17 universities and institutions [3].

Core Viewpoint - The dual-directional interaction between studying abroad and studying in China is becoming increasingly significant, with new platforms and services being established to enhance the global study service system [1][2]. Group 1: Developments in Study Abroad and Inbound Study - The "China Inbound Study School-Enterprise Cooperation Platform" and "Comprehensive Service for Inbound Study" were launched to support international students and facilitate their employment in Beijing [1]. - The trend of dual-directional student flow is evident, with new Chinese student visa numbers in Australia increasing by 6% in 2024 compared to 2023, reaching 146% of 2019 levels, while Malaysia saw a 25% increase, reaching 277% of 2019 levels [2]. - The rise in Australian university rankings and moderate increases in study costs are key factors contributing to the growth of Chinese students studying in Australia [2]. Group 2: Changing Perspectives on Education - There is a shift in focus among Chinese students and parents towards vocational education, with an increasing number of students seeking to acquire skills and enhance employability rather than solely pursuing degrees [3]. - The importance of education in strengthening China-Australia relations is emphasized, with mutual student flow enhancing cross-cultural understanding and cooperation in various fields [3]. - The study abroad sector is expected to broaden its mission, not only to expand academic horizons for Chinese students but also to serve as a platform for international youth to understand China and engage in global exchanges [3]. Group 3: Recommendations for Promoting Inbound Study - To further promote inbound study, it is suggested to highlight the strengths of Chinese universities, develop diversified training models, and improve support for international students both on and off campus [4].

新东方-S(09901)盘中涨超6%，截至发稿，涨4.91%，报40.2港元，成交额2.75亿港元。 国盛证券也表示，FY26Q1指引较为保守，Q2起增速有望提升。公司教育业务基本盘稳固，考虑短期宏 观经济及国际形势对留学业务的影响，我们调整公司盈利预测，预计FY2026-2028年实现Non-GAAP归 母净利润5.50/6.08/6.47亿美元，同增6.2%/10.8%/6.4%，维持"买入"评级。 消息面上，新东方此前发布26财年业绩指引。公司预计第一财季(2025年6-8月)净营收同比增长2%-5%， 26财年全年净营收同比增长5%-10%。东吴证券指出，第一财季指引相对保守，主要受海外业务宏观环 境挑战、高基数及收入确认节奏的影响；预计第二财季之后整体收入增速将会回升。此外，公司宣布了 一项新的三年股东回报计划，承诺将不低于上一财年归母净利润的50%回馈股东。 ...

Core Viewpoint - New Oriental Education & Technology Group (09901) has provided a conservative revenue guidance for the first fiscal quarter of 2026, with expected net revenue growth of 2%-5% year-on-year, and a full-year growth forecast of 5%-10% [1] Group 1: Financial Performance - The company's stock price increased by over 6% during trading, closing at 40.2 HKD with a transaction volume of 275 million HKD [1] - The first fiscal quarter guidance is considered conservative due to challenges in the overseas business environment, high base effects, and revenue recognition timing [1] - Analysts from Dongwu Securities expect overall revenue growth to rebound after the second fiscal quarter [1] Group 2: Shareholder Returns - New Oriental announced a new three-year shareholder return plan, committing to return no less than 50% of the previous fiscal year's net profit attributable to shareholders [1] Group 3: Profit Forecast - Guosheng Securities also views the FY26Q1 guidance as conservative, anticipating an increase in growth rates starting from Q2 [1] - The company’s education business fundamentals remain stable, and profit forecasts for FY2026-2028 are adjusted to Non-GAAP net profits of 550 million, 608 million, and 647 million USD, reflecting year-on-year growth of 6.2%, 10.8%, and 6.4% respectively [1]

Market Overview - The three major U.S. stock indices closed lower, with the Dow Jones down 0.48%, S&P 500 down 0.32%, and Nasdaq Composite down 0.03% [1] - Weekly performance showed the Dow down 0.32%, S&P up 0.33%, and Nasdaq up 1.14% [1] Sector Performance - Chip stocks mostly rose, with Broadcom up over 9% and Micron Technology up over 5% [1] - Notable declines included Nvidia down 2.70%, Microsoft down 2.55%, Amazon down 1.42%, and Apple down 0.04% [1] - Meta Platforms rose 0.51%, Google A increased by 1.16% reaching a new closing high, and Tesla rose 3.64% [1] - AMD fell 6.58%, Eli Lilly down 2.11%, and Berkshire Hathaway B shares down 1.41% [1] - TSMC ADR rose 3.49% [1] Chinese Stocks - The Nasdaq China Golden Dragon Index rose 1.16%, closing at 7942.23 points, with a weekly increase of 0.38% [1] - Notable gains included Fangdd up 32%, Baidu, Alibaba, and TSMC each up over 3%, and JD.com up 1.5% [1] - Other stocks like NetEase, Pinduoduo, and Yum China saw increases of up to 0.8%, while New Oriental fell 0.1%, Li Auto down 1.3%, and NIO down 3% [1]

Group 1 - The major shareholder, Ms. Zhu Junfei, holds 17,787,840 shares, representing 8.84% of the total share capital of the company [2] - On July 4, 2024, Ms. Zhu pledged 4,749,053 shares, with details disclosed in a previous announcement [2] - Recently, the company received a notification regarding the partial release of the pledged shares by Ms. Zhu [2] Group 2 - The company will fulfill its information disclosure obligations in accordance with the subsequent pledge situation and relevant laws and regulations [2]

Group 1 - Geely Auto showcased its new fuel vehicle series, the China Star Dongfang Yao, at the 2025 Chengdu International Auto Show, emphasizing a luxury standard for fuel vehicles [1] - The new series is built on five core advantages: Chinese design, intelligent technology, extreme driving control, enhanced comfort, and Chinese-style safety, aimed at improving the driving experience [1] - The vehicles feature the GEEA 3.0 electronic architecture and Flyme Auto system, introducing advanced driving assistance with the Qianli Haohan H3 solution, achieving a 0-100 km/h acceleration in as fast as 6.5 seconds [1] Group 2 - Despite the dominance of new energy vehicles in China's automotive industry, Geely continues to invest in fuel vehicles, recognizing the ongoing demand in the market [3] - Data shows that in the first half of 2025, fuel vehicle sales still accounted for a significant portion of the Chinese passenger car market [3] - As of July this year, Geely's China Star series has sold over 1.6 million units, making it the fastest high-end fuel vehicle series to reach the million-unit club in the 100,000-200,000 unit market segment [3]

Group 1 - First Beijing Investment Limited increased its stake in New Oriental Education Technology Group - S (stock code: 09901.HK) by purchasing 1.1 million shares at an average price of HKD 36.747 per share, totaling approximately HKD 40.42 million [1][3] - Following the purchase, First Beijing Investment Limited's total shareholding rose to 152,890,220 shares, increasing its ownership percentage from 8.94% to 9.01% [1][2]

Group 1 - The core focus of the article is on the potential investment opportunities in Hainan, particularly in education, agriculture, and cultural tourism, as highlighted by Yu Minhong, the founder of New Oriental Education Technology Group [2][4]. - In the education sector, New Oriental has established a collaboration with the Lingshui Li'an International Education Innovation Pilot Zone, aiming to enhance talent development and support for returnees through a newly upgraded training center [2]. - Yu Minhong emphasizes the need for a vibrant cultural tourism industry in Hainan, advocating for a comprehensive integration of various aspects such as leisure, health, culture, and sensory experiences to create a more engaging tourism model [2]. Group 2 - In agriculture, Hainan is noted for its rich tropical fruit resources and valuable plants like precious Huanghuali wood and fragrant agarwood, indicating significant commercial potential [3]. - The article suggests that the value of marine capture experiences in Hainan extends beyond mere seafood farming, hinting at broader economic opportunities in the sector [3]. - Yu Minhong expresses optimism about the future of Hainan Free Trade Port, stating that it holds endless opportunities for growth and development [4].