年报实现扭亏，关注AI培训及企服业务发展

Investment Rating - The report maintains a "Buy" rating for the company, indicating confidence in its growth potential and performance recovery [4][19]. Core Insights - The company has successfully turned around its performance, achieving a revenue growth of 11.89% year-on-year in 2023, despite challenges in traditional service sectors [3][16]. - The strategic transformation towards enterprise services is showing positive results, with the revenue share from enterprise services surpassing traditional business lines [3]. - The AI training and enterprise service segments are expected to drive significant growth, with AI training revenue increasing by 164.98 million yuan in 2023 [17]. Financial Performance Summary - The company reported a revenue of 271 million yuan in 2023, a decrease of 21.92% compared to the previous year, but achieved a net profit of 9.66 million yuan, marking a year-on-year increase of 111.6% [16]. - The overall gross margin improved to 55.11%, an increase of 26.76 percentage points from the previous year, reflecting enhanced profitability [3]. - Revenue projections for 2024-2026 are estimated at 394 million yuan, 481 million yuan, and 556 million yuan respectively, with net profits expected to reach 52 million yuan, 99 million yuan, and 131 million yuan [4][5]. Business Development Summary - The company is actively collaborating with major tech and education firms to develop AI training programs tailored for various audiences, including founders and technical personnel [17]. - The AI service ecosystem is designed to provide comprehensive support for small and medium enterprises and local governments, enhancing the company's service offerings [17]. Market Position and Outlook - The company is positioned in the education sector, with a total market capitalization of approximately 3.63 billion yuan [19]. - The stock has shown resilience, with a projected earnings per share (EPS) of 0.31 yuan in 2024, increasing to 0.78 yuan by 2026 [5][21].