Core Insights - New Oriental Education Technology Group (EDU) opened at $53.9 per share on December 15, with a market capitalization of $8.578 billion and a trading volume of $29.8464 million [1] Financial Performance - For the fiscal year ending August 31, 2025, New Oriental reported total revenue of $1.523 billion, reflecting a year-on-year growth of 6.1% [1] - The net profit attributable to shareholders was $241 million, showing a decrease of 1.92% compared to the previous year [1] Upcoming Events - New Oriental is scheduled to disclose its mid-year report for the fiscal year 2025 on January 20, 2026, with the actual date subject to company announcements [1] Company Overview - New Oriental is positioned as a comprehensive education group focused on student growth and driven by technology, evolving from its origins as Beijing New Oriental School established in 1993 [1] - The company operates multiple platforms, including short-term training, cultural dissemination, consulting services, and technology industries, and has developed several well-known education brands [1] - New Oriental successfully listed on the New York Stock Exchange on September 7, 2006, and later achieved a secondary listing on the Hong Kong Stock Exchange on November 9, 2020 [1]

Core Viewpoint - Gaotu (NYSE: GOTU) has shown strong performance in FY25Q3, with a revenue increase of 30.7% year-on-year to 1.58 billion RMB, reaching the upper limit of previous guidance [1][3] Financial Performance - Non-GAAP operating loss significantly narrowed to 169 million RMB, an improvement from 476 million RMB in the same period last year [1][3] - Non-GAAP net loss also reduced from 457 million RMB to 138 million RMB [1][3] - The company has cash and cash equivalents of 3.04 billion RMB and no interest-bearing debt, indicating a solid financial position [1][3] Business Segmentation - Non-academic training and traditional K12 business together contributed approximately 80% of total revenue, with a year-on-year growth of over 35% [1][3] - Non-academic training revenue surged over 60% year-on-year and achieved profitability in a single quarter, with expectations of a double-digit profit margin for the full year [1][3] - Adult and college student segments accounted for about 15% of total revenue, with both revenue and cash collections showing double-digit growth; college student revenue soared by 50% year-on-year, also achieving profitability in a single quarter [1][3] Future Outlook - The company anticipates FY25Q4 revenue growth of 17.2%-18.7%, reaching between 1.628 billion to 1.648 billion RMB, with a slowdown in growth primarily due to the delayed timing of the 2026 Spring Festival affecting the teaching schedule [1][3] - Despite a projected Non-GAAP operating loss of 150 million RMB in Q4 due to enrollment investments and business adjustments, the company is focusing on operational efficiency [1][3] - Revenue from offline learning centers has surpassed 10%, and AI empowerment continues to enhance operational efficiency [1][3] Investment Rating - Based on a 12% discount rate and a -1% perpetual growth rate, the company maintains a "Buy" rating for Gaotu, with a target price of $4.20, indicating a potential upside of 77.1% from the previous trading day's closing price [2][4]

商务部+央行+金融监管局三部门，发布关于加强商务和金融协同，更大力度提振消费的通知。其中提 到，强化政策合力。鼓励地方商务主管部门充分利用现有资金渠道，积极开展促消费活动，与金融支持 形成合力，更好激发消费潜力。鼓励有条件的地方运用数字人民币智能合约红包提升促消费政策实施质 效。结合地方实际探索运用融资担保、贷款贴息、风险补偿等多种方式，加强财政、商务、金融政策协 同配合，引导信贷资金加大向消费重点领域投放。鼓励有条件的地方通过多种方式支持参与康养、文旅 等消费重点项目和数字、绿色等新型消费领域。鼓励银行和非银行金融机构发挥各自特点，加强优势互 补，协同参与促消费活动，促进消费提质升级。 三部门：鼓励有条件的地方运用数字人民币智能合约红包提升促消费政策实施质效 【大势展望】 【今日头条】 隔夜美股道琼斯工业平均指数比前一交易日下跌245.96点，收于48458.05点，跌幅为0.51%，上周累计 上涨1.05%；标准普尔500种股票指数下跌73.59点，收于6827.41点，跌幅为1.07%，上周累计下跌 0.63%；纳斯达克综合指数下跌398.69点，收于23195.17点，跌幅为1.69%，上周累计下跌1 ...

Core Viewpoint - The launch of the 3D printing new course by Xueersi Big Science aims to bridge the gap between children's imagination and reality, providing an innovative solution for STEM education under the new curriculum standards [1][3]. Group 1: Product and Educational Approach - The 3D printing course integrates AI tools with 3D printing technology, allowing children to describe their ideas in natural language, which the AI then converts into professional models for printing [3][5]. - The course employs a Project-Based Learning (PBL) approach, driving student-led exploration through a complete cycle of "creativity-design-print-validation," enabling mastery of multidisciplinary knowledge [3][5]. - The curriculum is designed to cover the entire chain from theoretical learning to tangible results, fostering a sense of achievement and deeper learning motivation among students [3][5]. Group 2: Market Context and Educational Value - China's STEM education is entering a high-quality development phase, with new curriculum standards emphasizing "learning by doing" and the integration of interdisciplinary practices [5]. - The 3D printing course aligns with educational policies and interests, providing an innovative path for science education [5]. - The course includes diverse practical application scenarios, combining 3D printing with toy and robotics education, allowing children to create personalized toys and contribute to innovative designs in robotics competitions [5][6]. Group 3: Recognition and Future Plans - Students participating in the course can earn a "Digital Maker" certificate for qualifying works, enhancing the educational value and recognition of their efforts [6]. - The 3D printing new course is set to officially launch in the winter of 2026, indicating a strategic timeline for implementation [6].

2025年12月8日，学而思大科学在产品交流会上推出3D打印新品课程。学而思大科学依托专业的STEM教育体系，以"让孩子把梦想变成可能"为核心目 标，打造兼具趣味性与教育性的创新课程，为新课标背景下的STEM教育落地提供了全新解决方案。 每个孩子的脑海中都藏着天马行空的想象，从奇幻的潮玩形象到实用的生活工具，孩子们从不缺乏创意的火花，但如何跨越"想得到" 与"做得到" 的鸿 沟，将想象变为实体，始终是摆在孩子面前的现实挑战。学而思大科学此次推出的 3D 打印新品课程，通过 AI 工具与 3D 打印技术的创新融合，为这一难题 找到了答案：孩子无需掌握复杂的设计技巧，仅凭自然语言就能描述创意，AI 工具将快速把想法转化为专业模型，再通过 3D 打印机，就可以让创意从数 字世界走进现实。让每个孩子都能轻松实现从"敢想" 到"敢做" 的跨越。 更深层来看，创意不是凭空而来，它源于孩子对现实世界的观察与思考。可能是觉得玩具不够独特，想要打造专属玩伴；也可能是希望为身边人创造实 用的小物件，传递心意与温度。这份 "想要改变现实" 的内生动力，才是创意最持久的源泉。3D打印新品课程创新性地采用PBL项目式学习教法，以真实问 ...

合肥市近日推出的"预付宝"，将消费者办理会员卡的预讨资金直接划入银行监管账户，实现"消费一笔、划转一笔"的机 制，消费者还可以实时查询余额与消费记录。这一由政府主导、基于数字技术的社会治理创新，既为消费者设立了一个 预付资金的"保险箱"，也显示政府角色正从事后补救的"消防员"，转变为主动构建市场信任生态的"护航员"。这种角色 的转变，为互联网时代政府优化营商环境、提振消费信心提供了新思维和新路径。 扩大内需、提振消费已成为我国增强经济内生动力的重要举措之一，这就必须首先解决类似预付式消费风险这样的具 体"痛点"。目前，预付式消费乱象主要集中在餐饮、健身、教育培训等刚需领域，其不仅直接打击了消费者个体的消费 意愿，更破坏了行业竞争环境、扰乱了市场秩序，进而严重侵蚀了整体的消费信心。合肥推出"预付宝"的创新实践提示 我们：在互联网时代，要优化消费环境，政府就必须深化与数字治理的有机融合，以治理智慧的"小切口"来破解消费领 域的"大问题"。政府角色应从"消防员"转为"护航员"，如此才能用精准的监管筑牢信任的防线，从而培育出更具韧性、 更富活力、也更值得信赖的消费新生态，为扩大内需、提振消费提供坚实的支撑。 合肥经开 ...

面对教培行业普遍存在的盗版课程泛滥、权利保护投入与收益失衡的困境，各类知识产权保护机构正凭 借其独特的模式与技术，为行业提供多元化的破局路径。但同时，市面上的机构也鱼龙混杂，服务模式 各不相同，让许多企业主眼花缭乱。本文将介绍当前主流的服务模式及策略，希望能帮助广大教育企业 做出合理选择，尽快走出维权困境。 ·模式解析：此模式核心在于服务商先行承担前期所有成本开支(如诉讼费、律师费、公证费等)，与客 户"共担风险"。只有成功为客户争取到赔偿后，才按约定比例分享收益。很大程度上解决了权利人因资 金压力而"不愿、不敢、不能"行动的痛点。 图源：unsplash 一、官方权威机构 官方机构拥有无与伦比的公信力与行政资源，是处理重大、复杂侵权案件的权威选择。如以下三个机 构： 知识产权保护中心和快速维权中心——由国家知识产权局指导，在全国各主要省市均设有分支，核心职 能在于提供侵权判定咨询、协助处理行政裁决，并能协调跨区域、跨国境的复杂权利保护行动。 中国版权保护中心——作为国家级版权公共服务机构，其核心业务是作品著作权登记、软件著作权登记 和权利质押登记。对于教培机构而言，获得其登记证书是发起法律程序、申请行政保护 ...

AI 应用落地进展调研-教育 20251211 摘要 公司未来一到两年将继续加大 AI 及大模型投入，预计年增长率保持在 40%-50%，以支持素养教育等新业务线的全面推广，此前 25 年的计划 支出预计超过 3 亿人民币。 AI 技术主要应用于 To C 端（K12 教育、国际教育、成人考研等）和 To B 端（内部管理、内容生成、质检客服等），成本占比分别为 65%- 70%和 30%。 To C 端业务通过计算 ROI 评估 AI 技术投入效果，如一对一口语训练产 品，预计 2026 年摊销完毕，目前每月成本消耗约 100 万元，营收约 200 万元。 公司采用阿里云通义和火山云等不同 AI 供应商，以适应各业务线特定需 求并分散风险，并通过 POC 测试确保大模型能力满足要求。 AI 技术应用于直播课、知识点总结、AI 批改等场景，K12 直播课已使用 AIGC 技术生成字幕、章节总结及思维导图，教师课件生成也已上线。 内部中后台系统如 OA 和 ERP 系统已开始引入 AI 功能，如数字人自动回 复、流程化自动审批等，但整体投入较前台业务少，仍处于初步阶段。 与华为合作进行线下场景应用，因其提供软硬 ...

Group 1 - The core viewpoint of the article is that Angli Education provides a range of pre- and post-study abroad services for domestic users, including study abroad consulting, background enhancement, summer camps, standardized language training, international school preparation, and full-time A-Level programs [2] Group 2 - The company emphasizes its focus on the study abroad business, catering specifically to the needs of domestic users [2] - The services offered by the company are comprehensive, covering various aspects of the study abroad process [2] - The interaction with investors highlights the company's commitment to transparency and engagement regarding its business operations [2]

（记者 张明双） 每经AI快讯，有投资者在投资者互动平台提问：目前贵公司作为教育龙头企业，2025年主营业务方 面：利用了AI教育产品及人工智能AI算力大模型后，成本得到非常有效的控制，利润也得到很大的提 升，后续会不会开发AI旅游产品，将昂立教育打造成双AI战略公司？ 昂立教育（600661.SH）12月11日在投资者互动平台表示，公司业务经营情况请以公司公告为准，公司 正在系统研究AI技术赋能教育模式更新和管理效率提升，并已与相关公司就智能测评和网阅开展业务 合作，以AI技术赋能精准教学和个性化辅导。 ...