Core Viewpoint - Kevin Education has announced that there have been no significant changes in its operational situation and external business environment recently [1] Group 1: Company Operations - Kevin Education held a board meeting on September 26, 2025, where it approved a proposal to establish a joint venture [1] - The joint venture, named Beijing Zhiqi Wenhua Education Technology Co., Ltd. (referred to as "Zhiqi Wenhua"), is being established in collaboration with Beijing Zhipu Huazhang Technology Co., Ltd. and Beijing Hongzhi Ruishi Management Consulting Partnership (Limited Partnership) [1] - Zhiqi Wenhua has completed its business registration and obtained a business license [1] Group 2: Business Focus - The main business of Zhiqi Wenhua will be the development and operation of AI intelligent products [1] - The company aims to provide AI-driven products and solutions in the modern education learning sector [1] - The impact of Zhiqi Wenhua on Kevin Education's future operational performance will depend on the subsequent business development and operational conditions [1]

Core Viewpoint - Kevin Education (002659.SZ) has announced the establishment of a joint venture with Beijing Zhipu Huazhang Technology Co., Ltd. and Beijing Hongzhi Ruishi Management Consulting Partnership (Limited Partnership) to create Beijing Zhiqi Wenhua Education Technology Co., Ltd. with a registered capital of 50 million yuan [1] Group 1 - The joint venture will have a capital contribution structure where Kevin Education contributes 32.5 million yuan (65%), Zhipu Huazhang contributes 10 million yuan (20%), and Hongzhi Ruishi contributes 7.5 million yuan (15%) [1] - The main business of the joint venture will focus on the development and operation of AI intelligent products, providing solutions in the modern education learning sector [1] - The joint venture aims to leverage the resources and data from the education sector in Haidian District, Beijing, to create a multi-disciplinary and multi-module application platform for educational products and services [1] Group 2 - The establishment of the joint venture is intended to integrate the strengths of all parties to achieve AI intelligence in modern education [1] - The joint venture will utilize Zhipu's large model to develop and operate AI products, offering teaching, learning, and management solutions to clients [1]

Core Viewpoint - Kevin Education (002659.SZ) has announced the establishment of a joint venture with Beijing Zhipu Huazhang Technology Co., Ltd. and Beijing Hongzhi Ruishi Management Consulting Partnership (Limited Partnership) to create Beijing Zhiqi Wenhua Education Technology Co., Ltd. with a registered capital of 50 million yuan [1] Group 1 - The joint venture will focus on developing and operating AI intelligent products aimed at providing solutions in the modern education learning sector [1] - Kevin Education will contribute 32.5 million yuan, holding a 65% stake, while Zhipu Huazhang and Hongzhi Ruishi will contribute 10 million yuan (20% stake) and 7.5 million yuan (15% stake) respectively [1] - The joint venture aims to leverage resources and expertise to achieve AI intelligence in modern education, utilizing Zhipu's large model to develop products and solutions for teaching assistance, learning support, and management [1]