Group 1 - The stock price of Tongcheng Tongmei (VSA) increased by 6.9% on August 6, reaching $1.55 per share, with a total market capitalization of $73.39 million [1] - Financial data indicates that as of December 31, 2024, Tongcheng Tongmei's total revenue is projected to be 1.171 billion RMB, a year-on-year decrease of 14.86% [1] - The net profit attributable to the parent company is expected to be -588 million RMB, reflecting a significant year-on-year decline of 6671.16% [1] Group 2 - Tongcheng Tongmei is a leading provider of IT-focused STEM supplementary education services in China, previously known as Daren International [1] - The company offers innovative educational platforms that combine real-time remote teaching, classroom tutoring, and online learning modules for students aged 3 to 18, focusing on computer coding and robotics programming [1] - Tongcheng Tongmei aims to promote learning through coding, embracing the latest trends in STEM education and technology, while fostering children's logical thinking and learning abilities [1]

Core Insights - Tongcheng Tongmei (VSA) opened with a 4.14% increase, reaching $1.51 per share, with a total market capitalization of $71.50 million [1] - The company's total revenue for the year ending December 31, 2024, is projected to be 1.171 billion RMB, reflecting a year-on-year decrease of 14.86% [1] - The net profit attributable to the parent company is expected to be -588 million RMB, a significant decline of 6671.16% year-on-year [1] Company Overview - Tongcheng Tongmei, formerly known as Daren International, is a leading provider of IT-focused STEM supplementary education services in China [1] - The company offers innovative educational platforms that combine real-time remote teaching, classroom tutoring, and online learning modules for students aged 3 to 18 [1] - The curriculum includes computer coding and robotics programming courses, aiming to foster logical thinking and learning abilities in children while helping them discover their interests and potential [1]

Group 1 - The core viewpoint of the article highlights the financial performance and market position of Tongcheng Tongmei (VSA), a leading provider of IT-focused STEM education services in China [1] - As of August 5, the stock price of Tongcheng Tongmei increased by 5.04%, reaching $1.46 per share, with a total market capitalization of $69.1284 million [1] - Financial data indicates that for the year ending December 31, 2024, Tongcheng Tongmei's total revenue is projected to be 1.171 billion RMB, reflecting a year-on-year decrease of 14.86% [1] Group 2 - The company reported a significant decline in net profit attributable to shareholders, amounting to -588 million RMB, which represents a staggering year-on-year decrease of 6671.16% [1] - Tongcheng Tongmei focuses on providing STEM supplementary education for students aged 3 to 18, utilizing an innovative educational platform that combines real-time remote teaching, classroom tutoring, and online learning modules [1] - The company's mission is to promote learning through coding, embracing the latest trends in STEM education and technology, while fostering children's logical thinking and learning abilities [1]

Group 1 - The stock price of Tongcheng Tongmei (VSA) increased by 5.76% on August 1, reaching $1.438 per share, with a total transaction volume of $139,900 and a market capitalization of $68.10 million [1] - As of December 31, 2024, Tongcheng Tongmei reported total revenue of 1.171 billion RMB, a year-on-year decrease of 14.86%, and a net profit attributable to shareholders of -588 million RMB, a significant year-on-year decrease of 6671.16% [1] - Tongcheng Tongmei is a leading provider of IT-focused STEM supplementary education services in China, offering courses in computer coding and robotics programming for students aged 3 to 18 through an innovative educational platform [1] Group 2 - The company aims to promote "learning from code" and embraces the latest trends in STEM education and technology, focusing on developing children's logical thinking and learning abilities while helping them discover their interests and potential [1]

Core Viewpoint - Tongcheng Tongmei (VSA) has experienced a stock price increase of 2.36%, reaching $1.30 per share, with a total market capitalization of $61.55 million as of July 30. However, the company reported a significant decline in revenue and net profit for the fiscal year ending December 31, 2024, indicating potential challenges in its financial performance [1]. Financial Performance - As of December 31, 2024, Tongcheng Tongmei's total revenue is projected to be 1.171 billion RMB, representing a year-on-year decrease of 14.86% [1]. - The company's net profit attributable to shareholders is expected to be -588 million RMB, reflecting a staggering year-on-year decline of 6671.16% [1]. Company Overview - Tongcheng Tongmei, formerly known as Daren International, is a leading provider of IT-focused STEM supplementary education services in China [1]. - The company offers innovative educational platforms that combine real-time remote teaching, classroom tutoring, and online learning modules for students aged 3 to 18, focusing on IT-related STEM education, including computer coding and robotics programming [1]. - The mission of Tongcheng Tongmei is to promote learning through coding, embrace the latest trends in STEM education and technology, and cultivate children's logical thinking and learning abilities while helping them discover their interests and potential [1].

Core Insights - The programming skills have become essential in the information age, with the Chinese government emphasizing the importance of technology education and innovation talent cultivation, providing a solid policy foundation for children's programming education [1][11] - The market size of China's children's programming education is expected to grow from 12.4 billion yuan in 2017 to 48.8 billion yuan by 2024, with a compound annual growth rate of 21.62% [1][11] Industry Overview - Children's programming education aims to cultivate computational thinking and innovation skills in youth through teaching programming skills and knowledge, typically targeting children aged 6-18 [3] - The education is delivered through a combination of online and offline training, with two main categories: graphical programming teaching (e.g., Scratch) and advanced programming languages (e.g., Python, C++) [3] Market Dynamics - The number of students choosing online and offline programming training is nearly equal, with offline classes slightly leading by 4.2%, but online education is expected to grow rapidly due to technological advancements [13] - The investment landscape for children's programming education has shifted from rapid growth to a more cautious approach, with investment amounts declining significantly after 2018 [15] Competitive Landscape - The industry exhibits a clear head effect, with leading companies like Tongcheng Tongmei and Programming Cat having established strong brand recognition and educational capabilities [17] - K12 education giants are also entering the children's programming space, leveraging their existing resources to capture market share [17] Development Trends - Continuous policy support is expected to drive the growth of children's programming education, with recent policies integrating AI and programming education into the curriculum [21] - The integration of AI technology into programming education is transforming traditional teaching methods, allowing for personalized learning experiences [22] - The market for children's programming education is anticipated to expand in lower-tier cities, with increasing acceptance among parents and the proliferation of online education [23]

Table of Contents 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 year ended December 31, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Core Insights - The strategic cooperation between Daren Education and Adobe China aims to enhance the training of AGI design talents, integrating Adobe's creative software technology with cutting-edge AGI developments [4][6] - Daren Education has a long-standing partnership with Adobe, having become an Adobe training certification center since 2012, and has trained over 100,000 high-quality design talents [3][4] - The collaboration will focus on course development, faculty training, and employment services, leveraging Daren Education's extensive network of talent service centers across 37 major cities in China [4][6] Group 1 - The ACP World Championship China Finals took place in Shanghai, where Daren Education signed a strategic cooperation agreement with Adobe China [1] - AGI technology is reshaping the design industry, creating new opportunities and raising standards for design professionals [3] - Adobe International Certification is a globally recognized certification system for Adobe software users, available in 128 countries and 19 languages [3] Group 2 - The strategic agreement will enhance the integration of Adobe's international certification with AGI technology, aligning China's vocational education standards with international benchmarks [6] - Daren Education aims to provide more internship and employment opportunities for students, facilitating their entry into high-demand sectors such as internet companies and media production [4] - During the ACP finals, Daren Education's general manager awarded certificates to winners, highlighting the success of students in a world-class competition [4]