格隆汇9月26日丨凯文教育(002659.SZ)公布，为抓住人工智能在教育领域应用的发展机遇，聚焦AI智能 产品在现代教育学习领域的助教、助学和助管类产品及解决方案。公司决定与北京智谱华章科技股份有 限公司（简称"智谱华章"）、北京鸿智睿师管理咨询合伙企业（有限合伙）（为员工持股平台，简 称"鸿智睿师"）共同出资设立北京智启文华教育科技有限公司（暂定名，最终以市场监督管理部门核定 为准）（简称"合资公司"）。合资公司注册资本5000万元，其中公司以货币资金出资3250万元，占比 65%；智谱华章以货币资金出资1000万元，占比20%；鸿智睿师以货币资金出资750万元，占比15%。 合资公司主营业务为：开发和运营AI智能产品，面向客户提供AI智能化现代教育学习领域的产品和解 决方案。提供依托智谱基础平台和大模型，基于北京市海淀区教育资源和数据形成的教育行业多学科、 多模块应用平台产品和运营服务。 ...

Group 1 - The core viewpoint of the article is that Kevin Education is seizing the opportunity presented by the application of artificial intelligence in the education sector by establishing a joint venture [1] - The joint venture, named Beijing Zhiqi Wenhua Education Technology Co., Ltd., has a registered capital of 50 million yuan, with Kevin Education contributing 32.5 million yuan, accounting for 65% of the total [1] - The main business of the joint venture will focus on the development and operation of AI intelligent products, providing solutions and products in the field of modern educational learning [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]

该合资公司主营业务为：开发和运营AI智能产品，面向客户提供AI智能化现代教育学习领域的产品和 解决方案。提供依托智谱基础平台和大模型，基于北京市海淀区教育资源和数据形成的教育行业多学 科、多模块应用平台产品和运营服务。本次设立合资公司旨在充分整合各方资源优势以在现代教育学习 领域实现AI智能化为目标，依托智谱大模型，开发和运营AI智能产品，从而面向客户提供助教、助学 和助管类产品及解决方案。 智通财经APP讯，凯文教育(002659.SZ)公告，公司决定与北京智谱华章科技股份有限公司(简称"智谱华 章")、北京鸿智睿师管理咨询合伙企业(有限合伙)(为员工持股平台，简称"鸿智睿师")共同出资设立北京 智启文华教育科技有限公司(暂定名)。合资公司注册资本5000万元，其中公司以货币资金出资3250万 元，占比65%;智谱华章以货币资金出资1000万元，占比20%;鸿智睿师以货币资金出资750万元，占比 15%。 ...

证券之星消息，9月26日教育板块较上一交易日下跌1.16%，科德教育领跌。当日上证指数报收于 3828.11，下跌0.65%。深证成指报收于13209.0，下跌1.76%。教育板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002659 | 凯文教育 | 6.91 | 10.03% | 72.30万 | 4.92亿 | | 300338 | ST开元 | 3.97 | 1.28% | 6.09万 | 2408.60万 | | 003032 | *ST传智 | 6.26 | 1.13% | 6.58万 | 4069.30万 | | 600636 | *ST国化 | 8.25 | 0.24% | 2.33万 | 1912.07万 | | 300010 | 豆神教育 | 7.71 | -0.13% | 97.70万 | 7.65 亿 | | 605098 | 行动教育 | 37.40 | -0.51% | 7568.4 | 2840.59万 | | 603377 | ST东时 | ...

此外，还要完善长效合作机制，建立"五老"人才库，根据教学需求匹配资源；设立"五老"思政工作室， 支持其与专职教师共同开发校本课程，推动"五老"智慧与现代教育理念深度融合。 充分发挥"五老"的理论、威望和实践阅历优势 未来，在不少北京中小学校校园里，学生们将在思政课上得到更多"五老"（老干部、老战士、老专家、 老教师、老模范等离退休老同志）的指导。9月25日，北京市大中小学"五老"思政课督导员队伍建设推 进会在中国人民大学召开。记者从会上获悉，北京教育系统关工委发挥涵盖大中小学的组织优势，在高 校建立以老同志为主体的思政课督导员的基础上，又创新在中小学校建立起一支高素质、专业化、有情 怀的"五老"思政课督导员队伍，推动大中小学思政课的有效衔接，更好地助力大中小学思政课一体化建 设。 "五老"走进思政课课堂 当天，多所大中小学校的思政课教师、校长分享了学校思政课的主要经验和做法。其中，中国农业大学 教授齐爱兰从"督"和"导"的角度，分享了作为思政课督导员的主要职责和经验。 齐爱兰表示，作为教学督导要像中小学教师关爱学生一样关爱教师，同时，作为思政课教学督导要严 把"政治关"，牢记自己的政治职责，在协助教师活跃课堂 ...

Core Viewpoint - The Ministry of Education and five other departments have issued the "County Ordinary High School Revitalization Action Plan" to systematically design and comprehensively deploy the high-quality development of ordinary high school education in counties [1][2]. Group 1: Population and Demand Forecast - The number of eligible students for high school education in China is expected to continue growing, reaching its peak in 2029 [1]. - There is an increasing demand for quality ordinary high school education due to the rising education level and the need for talent cultivation in economic and social development [1]. Group 2: Action Plan for High School Development - The plan includes a demand forecasting and early warning mechanism to guide local areas in predicting school-age population and enrollment needs, considering factors like population flow [1]. - It emphasizes the expansion of enrollment capacity by utilizing existing resources from ordinary high schools and vocational schools, particularly in areas with high population influx and weak educational foundations [1]. Group 3: Financial Support and Investment - The development and reform departments will support eligible ordinary high school construction projects through central budget investments [2]. - Financial departments will coordinate funds to improve basic schooling conditions in counties and implement policies for per-student public funding and assistance for economically disadvantaged students [2].

《行动计划》明确五大任务 一要扩资源，适应学龄人口变化，科学优化资源配置，加快扩大公办学位供给； 二要提质量，健全德智体美劳全面培养体系，推进"五育"融合发展，深化课程教学改革，健全师资 队伍建设机制； 三要强保障，健全经费投入机制，加大省、市两级对教育基础薄弱地区县中的投入支持力度，优化 教师工资待遇保障，按标准足额拨付生均公用经费； 我国有近60%的高中学生，是在县域中学读书，县中办得好不好，关系到1670多万学生的成长成 才。 四要优生态，树立科学教育理念，坚决纠正片面追求升学率倾向，严格规范县中办学行为，深化评 价改革，整治违规跨区域掐尖招生，禁止抢挖县中优秀校长和教师； 日前，教育部等六部门印发《县域普通高中振兴行动计划》，对推进县域普通高中教育高质量发展 进行了系统设计和全面部署，提出到2030年，适应学龄人口增长的普通高中教育资源供给机制进一步完 善，县中布局更加合理，教育治理能力和水平显著提高，城乡教育协调发展的机制更加完善，市域内普 通高中发展差距明显缩小，优质特色多样发展的格局基本形成，更好满足人民群众接受优质普通高中教 育的愿望。 五要促融通，推动高中特色多样发展，持续优化职普结构，推进 ...

Core Viewpoint - The company, Dou Shen Education Technology (Beijing) Co., Ltd., has disclosed that it and its subsidiaries have accumulated litigation and arbitration cases amounting to 272.12 million yuan, which represents 16.78% of the audited net assets attributable to shareholders for the fiscal year 2024 [1][2]. Group 1: Litigation and Arbitration Overview - The company has reported that the total amount involved in newly disclosed litigation and arbitration cases is 272.12 million yuan, which is significant in relation to its net assets [1]. - The company follows a cumulative calculation principle for litigation and arbitration matters over a twelve-month period, and previously disclosed cases are not included in this calculation [1]. Group 2: Impact on Financial Performance - The company is actively pursuing legal avenues to protect its rights and recover related amounts, ensuring normal business operations [2]. - The impact of ongoing litigation and arbitration on the company's current and future profits remains uncertain, and the company will adhere to accounting standards for financial reporting [2].

Financial Data and Key Metrics Changes - In Q4, revenue reached $17.9 million, a 40.8% increase year-over-year, driven by a 15.7% rise in new student starts [6][11] - For the full fiscal year 2025, revenue grew 39.5% to $64.2 million, supported by a 41.8% increase in enrollments to 3,101 students [12][10] - Net income for Q4 was $1.2 million, up 27.6%, while full-year net income increased 47.3% to $7.5 million, or $0.59 per diluted share [9][12] - Adjusted EBITDA rose 31.3% to $11 million for the full year [10][12] Business Line Data and Key Metrics Changes - The integration of Contra Costa Medical Career College added 468 students and diversified offerings [8] - The company achieved an 81.8% NCLEX pass rate in nursing and placement rates averaging 74.3% through AHHS and 74.6% through ABHES [7] Market Data and Key Metrics Changes - The healthcare education sector is projected to have over 1.8 million annual job openings through 2032, indicating strong demand for the company's programs [5] Company Strategy and Development Direction - The company plans to continue enrollment momentum through digital marketing and employer collaborations, focusing on high-potential regions [15] - New degree and certificate programs are set to launch in October, enhancing the curriculum to meet market needs [15][20] - The company is exploring additional branches and acquisitions to expand its educational reach [9][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position to benefit from policy support and market demand, particularly in the healthcare education sector [16][17] - The company is committed to transparency and protecting long-term shareholder value, even with increased reserves for accounts receivable [9][10] Other Important Information - The company has a robust balance sheet with $20.3 million in cash and negligible debt, allowing for strategic investments [10][14] - The increase in general and administrative expenses was attributed to marketing investments and professional fees, as well as a conservative approach to accounts receivable reserves [11][12] Q&A Session Summary Question: What was the starts number in the quarter? - The starts number for the quarter was 723 [18][19] Question: When do the new programs start and what revenue might they deliver? - The new programs are anticipated to start in October, but no forward projections on revenue were provided [20][21] Question: What is the outstanding balance related to the $700,000 reserve? - The total outstanding balance for graduate students is approximately $2 to $2.5 million, with a conservative reserve taken for those who are late in payments [26][27] Question: What was the tax rate for the quarter? - The tax rate was approximately 31-32%, influenced by a return to provision adjustment from the previous year [28][29] Question: Are there any capacity constraints at the facilities? - The company has added square footage to existing campuses to accommodate growth and is well-positioned to handle current enrollment levels [33]