Financial Performance - The company reported revenue of RMB 3.589 billion for the year ending August 31, 2025, representing an 8.1% increase year-on-year [1][4] - Net profit increased by 16.5% to RMB 648 million compared to the previous year [1][4] - Basic earnings per share rose to RMB 0.3225 from RMB 0.27519 [4] Business Segments - Revenue from comprehensive education services and product sales contributed significantly to the overall revenue growth [1] - The company maintained industry-leading levels with a 23.8% increase in revenue across various segments, including comprehensive logistics services, comprehensive education services, product sales, and management and franchise fees [5] Educational Strength - The company operates in 18 provincial administrative regions and serves 63 schools, with a total of 141,000 students, marking an 8% year-on-year growth [10] - High school enrollment increased by 11% to 60,000 students [11] - The company achieved record results in college admissions, with 28 students admitted to top universities like Tsinghua and Peking University [13] Expansion and Services - The company has expanded its custodial services to cover 12 public and private schools [20] - New educational projects have been signed, including partnerships with notable universities for historical theme projects and integrated courses [22] - The company reported a 22% year-on-year increase in high school student participation in extracurricular activities [23] Technological Advancements - The "Tianli Qiming AI Companion" model has been successfully implemented in educational settings, becoming the first AI model to achieve large-scale application in schools [29] - The AI model has received national recognition and awards for its innovative contributions to education [29] Shareholder Returns - The company maintained a dividend payout ratio of 30% and has repurchased 22.62 million shares from the secondary market since the reporting year [33][36] - The total dividend payout for the year is approximately RMB 200 million, with a final dividend of RMB 0.039 per share [36]

Core Insights - NetDragon's subsidiary Mynd.ai has completed a strategic acquisition of Merlyn Mind, Inc., which includes AI voice and remote control technology solutions, patents, trademarks, proprietary technology, and other intellectual property [1] - The acquired technology enables seamless voice and remote control operations for PCs and Macs, enhancing compatibility with various teaching display devices, thus providing educators with greater mobility, operational flexibility, and teaching control [1] - Mynd.ai aims to integrate this innovative technology into its Prometheus ActivSuite and Explain Everything platforms, opening new possibilities for AI-driven classroom experiences [1] Company Developments - The acquisition reinforces Mynd.ai's commitment to providing innovative solutions for global educators and learners, maintaining its industry-leading position in AI educational technology [1] - Mynd's Chief Product Officer, Lance Solomon, emphasized that the technology upgrade will save customers time and provide deeper insights into teaching data, facilitating more interactive and impactful content delivery [1]