Investment Rating - The report maintains a "Buy" rating for the company [4] Core Insights - The upgraded "Qingjiao Assistant" application integrates Deepseek R1, significantly enhancing teaching efficiency and quality by providing comprehensive support for lesson planning and student analysis [1][2] - The company aims to leverage AI technology to improve educational quality and operational efficiency, with a focus on personalized teaching and dynamic strategy adjustments [3] - The introduction of AI tools is expected to create a competitive advantage for leading institutions while posing challenges for smaller entities, potentially reshaping the educational landscape [3] Financial Projections - Revenue forecasts for 2024-2026 are projected at RMB 880 million, RMB 1.53 billion, and RMB 1.83 billion respectively, with adjusted net profits of RMB 180 million, RMB 280 million, and RMB 340 million [4] - Earnings per share (EPS) are expected to be RMB 0.21, RMB 0.33, and RMB 0.40 for the same period, corresponding to price-to-earnings (PE) ratios of 17x, 11x, and 9x [4] - The current stock price is HKD 3.53, with a target price yet to be specified [4]
卓越教育集团：“青椒助教”全面升级，接入Deepseek R1-20250219