Sunlands(US:STG) Jin Rong Jie·2025-08-21 14:22Core Viewpoint - The article highlights the significant growth and market performance of Shangde Education (STG), emphasizing its transition to an online education model and its financial results as of June 30, 2025 [1]. Financial Performance - As of June 30, 2025, Shangde Education reported total revenue of 1.027 billion RMB, reflecting a year-on-year increase of 1.1% [1]. - The net profit attributable to the parent company was 202 million RMB, showing a year-on-year growth of 3.5% [1]. Company Background - Shangde Education transitioned from offline training to an online education model on June 6, 2014, establishing a leading adult education live streaming platform in China [1]. - The company has served over one million students nationwide, leveraging advanced technology and innovative teaching products [1]. - Shangde Education aims to become a "new internet university" in China, utilizing a "large class live course + class teacher" model [1]. Market Position - Shangde Education became the first adult online education institution in China to be listed on the New York Stock Exchange on March 23, 2018, under the ticker symbol "STG" [1]. - The training content offered by the company includes degree education training, vocational qualification certificate training, and international education [1].