Core Viewpoint - EpicQuest Education Group International Limited has entered into a securities purchase agreement for the sale of 5,068,493 ordinary shares at a price of $0.73 per share, aiming to raise approximately $3.7 million for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering is being facilitated by FT Global Capital, Inc. as the exclusive placement agent, with the closing expected around August 26, 2025, pending customary closing conditions [2]. - The gross proceeds from the offering are anticipated to be approximately $3.7 million before deducting fees and expenses [2]. Group 2: Company Overview - EpicQuest Education provides higher education solutions for domestic and international students in the US, Canada, and the UK, operating EduGlobal University in British Columbia and holding a 70% stake in Davis University in Toledo, Ohio [4]. - The company has established a subsidiary, Gilmore Inv LLC, in Ohio to offer international educational programs related to kinesiology and recreation education, and formed SouthGilmore LLC for sports-related entertainment projects [4].

南都讯 日前，《教育部办公厅关于对新增推免资格高校予以备案的通知》发布。根据做好新增推免资格高校申报及 确认工作有关部署，经符合条件高校自主申报、高校所在地省级教育行政部门确认推荐并公示，现对北京电子科技 学院等67所新增推免资格高校予以备案。 其中，广东高校方面，广东药科大学、广州美术学院、广东财经大学、佛山大学、香港中文大学（深圳）等5所高 校获得推免资格。至此，全国共430余所高校具有推免资格，广东23所高校具有推免资格。 采写：南都N视频记者 孙小鹏 ...

前天（8月18日），佛山职业技术学院发布"严正声明"。指出近期在微信公众号、抖音、小红书、QQ等网络社交 平台上，个别账号未经授权擅自使用学校校徽等标识，或通过创建带有学校名称的账号，并以学校的名义组建新 生群、官方群发布各类校园消息，实则是为了推销广告谋取利益。提醒广大师生提高警惕，谨防受骗。 佛山职业技术学院发布"严正声明"。 高校仿冒账号屡禁不止 针对新生招数尽出 南都N视频记者从佛山职业技术学院获悉，这种现象存在良久，屡禁不止。相关人员表示，此类账号的包装形式 多样，像"表白墙""新生群""校园资讯""校园助手"等，对于没社会经验的新生来说极具迷惑性。 马上到新生报到季，佛山职业技术学院的工作人员表示担忧，比如他们会利用新生社群、学校学生转介绍的模式 进行拉新，而新生面对校友容易卸下心理防线，轻信他人，购买了无必要的物品，或在利益受损时无法正当维 权。 佛山职业技术学院相关仿冒账号。 这些虚假官方账号的"套路"都是表面交流互助，实则推销生活用品、驾校资源，或者以介绍兼职为由收取学生费 用，更有甚者以"学杂费"、"宿舍费"的名义骗取钱财、实施诈骗。 在未经官方授权，发布内容真实性无法保证的前提下，此类账 ...

Core Viewpoint - The establishment of the Life Sciences Open Alliance aims to enhance international collaboration in talent cultivation, innovative research, resource sharing, and multi-modal transformation in the life sciences sector [3]. Group 1: Alliance Formation - The Life Sciences Open Alliance was launched on August 12, 2025, involving nine high-level universities and research institutions from mainland China and six universities from Hong Kong and Macau [3]. - The initial focus of the alliance will be on high-level international journals, research data sharing platforms, and biological resource repositories [3]. Group 2: Journal Development - West Lake University has initiated a new journal named "Vita," which will adopt an open access model and aims to become a leading international academic journal in the life sciences [6]. - The journal "Vita" will be led by prominent figures in the field, including the former editor-in-chief of "Cell Research," Li Dangsheng, and the president of West Lake University, Shi Yigong [3][6]. Group 3: Academic Publishing Landscape - China has surpassed the United States in the total number of published papers, ranking second in high-level papers globally [6]. - Despite the increase in domestic publications, many researchers still prefer to publish in internationally recognized journals like Nature, Science, and Cell due to the limited number of influential domestic journals [6]. - "Cell Research," founded in 1990, has evolved significantly, achieving an impact factor of over 20 by 2020, making it one of the most influential life sciences journals in Asia [9].

Core Viewpoint - Liaoning Technical University has announced three procurement intentions for instrument equipment, with a total budget of 115 million yuan, indicating significant investment in engineering and technology platforms [1][2]. Group 1: Procurement Intentions - The university plans to purchase equipment for three main projects: 1. Intelligent manufacturing and digital engineering platform for engineering equipment, with a budget of 68 million yuan [4]. 2. Beidou time-space intelligent perception and data service experimental platform, with a budget of 27 million yuan [4]. 3. Rock performance detection and mining engineering simulation systems, with a budget of 20.5 million yuan [4]. Group 2: Research and Development Strength - Liaoning Technical University is recognized for its high research reputation nationally, being a co-built university by the Ministry of Emergency Management and the Liaoning Provincial Government [5]. - The university has multiple high-level research platforms, including doctoral research stations and key laboratories, which support its strong academic foundation [5][8]. - The university's research achievements in fields like mining engineering and safety science contribute to industry advancements and the cultivation of high-quality professionals [8][9].

Core Points - The article highlights the innovative employment support model implemented by Yuxi Normal University, which focuses on providing continuous employment services for graduates, particularly those who are unemployed after leaving school [2][3] - The emphasis is on creating a collaborative environment for entrepreneurship and job placement, particularly in the Qinghua Street area, which has become a hub for graduates to launch their businesses [1][2] Group 1: Employment Support Initiatives - Yuxi Normal University has established a service aggregation platform for unemployed graduates, focusing on job matching, entrepreneurship incubation, and skills training [1] - The university has created a "Night Economy" initiative, organizing night recruitment zones and interactive activities to enhance employment services for graduates [1][2] - Other universities are also adopting similar "continuous service" models to support graduates, showcasing a nationwide trend in employment assistance [2] Group 2: Targeted Assistance for Graduates - Many universities are implementing precise identification strategies for graduates facing employment challenges, creating tailored support plans for each individual [3][4] - Institutions like Jiangxi University of Science and Technology and Heilongjiang University of Commerce are providing one-on-one assistance and financial support to disadvantaged graduates [4][5] - The focus on "targeted treatment" includes workshops and training sessions to enhance graduates' employability skills, addressing specific weaknesses [6][7] Group 3: Encouraging Grassroots Employment - The article discusses initiatives by the Ministry of Education to promote grassroots employment among graduates, including financial incentives and job placement programs [9][10] - Local governments are implementing various strategies to attract graduates to rural and community service roles, offering monthly stipends and job security [9][10] - The overall message emphasizes the importance of practical experience and the need for graduates to adapt their employment expectations to align with available opportunities [9]

Financial Data and Key Metrics Changes - Revenue reached $1,790,000,000, up 12.9% year over year [8] - Adjusted EBITDA margin expanded 190 basis points to 25.7% [8] - Adjusted earnings per share grew 33% to $6.67 [8] - Free cash flow generated was $283,000,000 [8] - Term Loan B balance reduced by $100,000,000, lowering borrowing costs by 75 basis points [8] Business Line Data and Key Metrics Changes - Chamberlain University reported fourth quarter revenue of $184,300,000, an increase of 10.3% year over year, with total student enrollment increasing 5.8% [24] - Walden University achieved fourth quarter revenue of $182,200,000, up 16.6% year over year, with total student enrollment up 15% [25] - Medical and Veterinary segment reported fourth quarter revenue of $90,600,000, an increase of 4.7% year over year, with total student enrollment up 1% [27] Market Data and Key Metrics Changes - Total enrollment grew every quarter, averaging over 10% for the year [8] - Proprietary institutions supply 17% of registered nurses entering the workforce, with graduates from for-profit bachelor's degree programs having lower unemployment rates [9][10] Company Strategy and Development Direction - The company is focused on a "growth with purpose" strategy, emphasizing sustainable growth and community impact [6][7] - Partnerships with healthcare employers, such as SSM Health, are aimed at creating direct employment pathways for students [12] - The company plans to continue investing in student-facing technologies and marketing to maximize current capacity and expand access [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence entering fiscal year 2026, expecting revenue of $1,900,000,000 to $1,940,000,000 and adjusted EPS of $7.6 to $7.90 [16][29] - The demand for career-aligned healthcare programs is expected to grow as the national workforce shortage deepens [15] Other Important Information - The company returned $211,000,000 in excess capital to shareholders through share repurchases [8] - A new $150,000,000 Board authorization for share repurchases was announced [23] Q&A Session Summary Question: Operational performance and share gain drivers - Management attributed share gains to program flexibility, commitment to student success, and strong employer relationships [33] Question: Impact of regulatory changes on student demand - Management reported no dampening in demand for programs, with confidence in alternative financing options for students [35][36] Question: Long-term growth strategies and potential challenges - Management highlighted robust demand trends in healthcare professions and ongoing discussions with providers about new program needs [41][42] Question: Marketing success and brand strategy - Management noted improved brand awareness and targeted marketing strategies as key drivers of enrollment success [53]

FY25 Performance - Adtalem's revenue reached $1,788.3 million, a 12.9% increase compared to the prior year[15] - Adjusted EBITDA margin was 25.7%, up by 190 bps from the previous year[15] - Adjusted EPS was $6.67, a 33.1% increase compared to the prior year[15] Q4 FY25 Performance - Revenue was $457.1 million, an 11.5% increase compared to the prior year[19, 20] - Adjusted EBITDA margin was 24.1%, up by 30 bps from the prior year[20] - Adjusted EPS was $1.66, a 21.2% increase compared to the prior year[20] - Total enrollment grew by 10.2% year-over-year[18] Enrollment Trends - Total enterprise enrollments reached 91,780, a 10.2% increase year-over-year[33] - Chamberlain's enrollment increased by 5.8% year-over-year[31] - Walden's enrollment increased by 15.0% year-over-year[31] - Medical & Veterinary enrollments increased by 1.0% year-over-year[31] Financial Position - Free Cash Flow was $283 million, up $44 million compared to the prior year[17] - The company returned $211 million in capital to shareholders through share repurchases[17] FY26 Guidance - Revenue is projected to be between $1,900 million and $1,940 million, representing a year-over-year growth of approximately 6.0% to 8.5%[53] - Adjusted EPS is projected to be between $7.60 and $7.90, representing a year-over-year growth of approximately 14.0% to 18.5%[53]

民办本科正面临冰火两重天。 这意味着民办大学正在进行一轮"洗牌"，未来没有办学实力和特色的高校或将被淘汰，民办本科高校办 学和招生都需要突围。 （文章来源：21世纪经济报道） 南方一所民办本科高校的招生办工作人员刘阳（化名）感受到招生出现困难：2025年本科批次招生近日 结束，他所在的高校招生尚缺额2000多人。"今年，经过了三次征集志愿，还是有缺额。" 这并非是个案。21世纪经济报道记者发现，北方有省份出现征集了四轮志愿，最后一次征集尚有约3000 个本科计划等待投档。一些民办本科高校招生难，但也有西湖大学、福耀科技大学等民办新型研究型大 学，今年备受高分考生欢迎。 ...

Core Viewpoint - The private undergraduate education sector in China is experiencing a significant divide, with some institutions attracting high-scoring students while others struggle to fill their enrollment quotas despite lowering admission scores multiple times [1][3][5]. Enrollment Challenges - Many private universities are facing unprecedented difficulties in enrollment, with some institutions reporting thousands of unfilled spots even after multiple rounds of lowering admission scores [1][5]. - For instance, a private university in southern China had over 2,000 unfilled spots after the 2025 undergraduate admissions concluded, despite attempts to attract students through score reductions [1][3]. - In northern provinces, some universities had to conduct up to four rounds of enrollment appeals, still leaving around 3,000 undergraduate spots unfilled [1][5]. Factors Contributing to Enrollment Difficulties - The number of private undergraduate institutions is high, with 388 private universities and 23 vocational colleges as of June 2025, accounting for 31.4% of the total [8][12]. - Enrollment is uneven across regions, with significant disparities in the number of high school graduates, leading to a mismatch in supply and demand for private universities [12]. - Economic conditions in different regions also affect enrollment, with more affluent areas attracting more students compared to less developed regions [12]. Financial Considerations - Tuition fees at private universities are generally high, often exceeding 20,000 yuan per year, which can deter students from enrolling [14][15]. - The financial burden on families is compounded by high accommodation and living costs, making private education less accessible for many [15]. Institutional Strength and Recognition - Many private universities lack the historical depth and institutional strength of public universities, which affects their appeal to prospective students [15]. - The social recognition of private institutions is generally lower, leading students and parents to prefer public universities when possible [15]. Potential Solutions and Future Outlook - To address enrollment challenges, private universities need to enhance their internal capabilities, particularly in improving graduate employability [15][16]. - Establishing partnerships with businesses for targeted training and recruitment could help align educational outcomes with job market needs [16]. - Despite current challenges, there remains a significant demand for higher education, and private universities can still fill their quotas by adjusting admission standards and expanding recruitment efforts across provinces [19][20].