Financial Data and Key Metrics Changes - Net revenue for the first half of fiscal year 2025 reached $38 million, reflecting a 15% increase compared to the same period last year [18] - Income from operations was $471,000, representing a 108.1% increase year on year, effectively more than doubling [18][20] - Operating cash flow improved significantly, turning positive at $2.60 million compared to a negative figure in the same period last year [22] Business Line Data and Key Metrics Changes - The sports school business generated revenue of $27 million, an 8.5% year-on-year increase, driven by an increase in membership and strong event performance [20] - The social business achieved sales revenue of $11 million, a 35.4% year-on-year increase, primarily due to an increase of 114 schools contracting for school club support and expansion in after-school daycare services [20] Market Data and Key Metrics Changes - The proportion of social business revenue to total revenue increased from 24% in fiscal year 2023 to 28% in the first half of fiscal year 2025, indicating growth in the social business segment [18] - The company supported 349 schools nationwide as of the end of June 2025, marking a 48.5% year-on-year increase [19] Company Strategy and Development Direction - The company aims to expand its sports school business internationally, leveraging its expertise and experience cultivated in Japan [10][28] - The school club support business is identified as a core growth strategy, with plans to target public junior high schools in designated cities [25] - The company views the transition of club activities to the private sector as a significant market opportunity, potentially creating a new market worth approximately JPY 1 trillion [25][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth of the social business, particularly in light of national policy initiatives promoting club activity reform [26] - The company anticipates net sales for the full year 2025 to be between $80.2 million and $82.6 million, representing a growth of 12%-15% compared to the full year of 2024 [21] Other Important Information - The company successfully completed its initial public offering and listed its shares on the Nasdaq market in October 2025 [9] - The business model generates revenue primarily from monthly membership fees and service contracts with local governments and schools [14] Q&A Session Summary Question: What do you think about the future of social business, especially school club support business? - The company plans to continue growing the school club support business, targeting public junior high schools in designated cities, and recognizes the significant economic impact of transitioning club activities to the private sector [25][26] Question: Please tell us about your overseas business expansion in the U.S. and other countries. - The company intends to expand its sports schools overseas, considering regions beyond the U.S., and plans to include various sports popular in those areas [28] Question: Are you considering listing in Japan? - The company is not ruling out the possibility of a future listing in Japan but is currently focused on its Nasdaq listing [30] Question: Why is the operating profit margin low? - The company acknowledges that solving social issues incurs costs but is committed to improving this margin while expanding sales [31]

Financial Data and Key Metrics Changes - Net revenue for the first half of fiscal year 2025 reached $38 million, reflecting a 15% year-on-year growth [18] - Income from operations was $471,000, marking a 108.1% increase compared to the same period last year [18][20] - Operating cash flow turned positive at $2.60 million, a significant improvement from a negative figure in the same period last year [22] Business Line Data and Key Metrics Changes - The sports school business generated revenue of $27 million, an 8.5% year-on-year increase, driven by a rise in membership and event participation [20] - The social business achieved sales revenue of $11 million, a 35.4% year-on-year increase, primarily due to an increase of 114 schools contracting for school club support [20] Market Data and Key Metrics Changes - The proportion of social business revenue to total revenue increased from 24% in fiscal year 2023 to 28% in the first half of fiscal year 2025, indicating growth in this segment [18] - The company supported 349 schools nationwide as of the end of June 2025, a 48.5% year-on-year increase [12][19] Company Strategy and Development Direction - The company aims to expand its sports school business internationally, leveraging its recent IPO on NASDAQ to facilitate this growth [10][26] - The focus is on developing a sports and social business that addresses social issues through sports, with a strong emphasis on non-cognitive skill development for children [11][29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth potential in the school club support business, driven by national policy reforms aimed at transitioning club activities to private sector management [24][25] - The company anticipates net sales for the full year 2025 to be between $80.2 million and $82.6 million, representing a growth of 12%-15% compared to the full year of 2024 [21] Other Important Information - The company has been recognized as the number one provider in Japan for both the number of sports school members and the number of schools supported [10][12] - The company operates 18 facilities nationwide for after-school daycare services, focusing on children with developmental disabilities [13] Q&A Session Summary Question: What do you think about the future of social business, especially school club support business? - The company plans to continue growing the school club support business, targeting public junior high schools in designated cities and leveraging its market leader position [24] Question: Please tell us about your overseas business expansion in the U.S. and other countries. - The company intends to expand its sports schools overseas, considering various sports popular in each region, not limited to soccer [26] Question: Are you considering listing in Japan? - The company is not ruling out the possibility of a future listing in Japan but is currently focused on its recent NASDAQ listing [27] Question: Why is the operating profit margin low? - The company incurs costs related to solving social issues but plans to improve this margin through business expansion and operational efficiency [27]

北京商报讯（记者 吴其芸）11月19日，教育部、国家发展改革委、财政部、人力资源社会保障部、体 育总局等五部门联合印发《关于实施学生体质强健计划的意见》（以下简称《意见》）。《意见》提 出，优化人才培养体系。各地要深化体教融合，科学规划运动项目在大中小学的合理布局，探索构建纵 向畅通、横向融通、能出能进、转换便捷、规范有序的体育人才培养机制。鼓励各地统筹体育运动特色 学校和特色班，在现有招生政策范围内进一步完善基础教育阶段学区划片、对口直升和自主招生等政 策，畅通体育人才成长通道。进一步优化高等学校体育类学科专业布局，适度扩大本科和研究生招生规 模。完善学生体育赛事与职业联赛的人才输送机制，为优秀学生运动员进入省队、国家队创造条件，进 一步完善优秀运动员多样化升学通道。 ...

Core Insights - The integration of artificial intelligence (AI) technology with sports education is transforming traditional teaching methods in the context of building a strong education and sports nation [1][4][21] Policy Guidance and Strategic Significance - Sports are a vital part of education, essential for shaping the character and physical health of youth, with Shenzhen leading the way in promoting "integration of sports and education" [4][6] - AI technology is reshaping educational forms and providing unprecedented opportunities for sports education, transitioning from experience-based teaching to precise guidance and diverse assessments [4][6] - The core mission of education is to disseminate knowledge and stimulate creativity, with AI serving as a key tool for processing vast amounts of data [4][6] Practical Exploration and Innovative Breakthroughs - Shenzhen Foreign Language School (Group) has developed a new path for sports education through AI, addressing issues like imprecise monitoring and subjective evaluation [7][9] - The "Precision Teaching" segment utilizes AI for personalized instruction, while the "Scientific Fun" segment encourages active participation through gamified activities [9][11] - The "Data Governance" segment employs AI for scientific decision-making, creating personalized exercise prescriptions and electronic growth records for students [11][13] Roundtable Forum - The roundtable featured discussions on the importance of sports in youth development, emphasizing the need for a comprehensive approach to sports education [14][16] - Various educational leaders highlighted the role of sports in fostering resilience and teamwork, advocating for innovative curriculum and collaboration between schools and families [16] Future Outlook - The forum reached consensus on the need for a unified approach that balances technological tools with educational goals, promoting a model where AI assists teachers in guiding and motivating students [17][19] - There is a call for further promotion of AI technology in education, enhancing teachers' digital literacy and building an inclusive sports ecosystem [19][21]

Core Insights - The "Shangti Sports Model 2.0" was launched on October 25, in collaboration between Baidu and Shanghai University of Sport, aiming to enhance the application of AI in various aspects of sports [1] Group 1 - The event included the first Shanghai Sports Artificial Intelligence Innovation Competition, highlighting the focus on innovation in the sports sector [1] - The "Shangti Sports Model 2.0" is expected to continue promoting the practical implementation of AI in sports [1]

Group 1 - The 2025 Archery World Cup Finals successfully concluded in Nanjing, marking another international sports event in the city, contributing to its ambition of becoming a "World Sports City" [1] - A variety of specialized sports courses are being actively developed in schools, fostering youth engagement in sports and building a foundation for the city's sports culture [1][4] - The popularity of niche sports like archery is rising, with schools constructing dedicated facilities for students to practice and compete [2][3] Group 2 - Nanjing has implemented a sports education reform since the Youth Olympic Games, resulting in the establishment of 236 Sunshine Sports Schools and 294 football specialty schools, with over 85% of schools having their own sports programs [4][6] - Emerging sports such as baseball, archery, golf, rock climbing, and roller skating are gaining traction in schools, with dedicated courses and clubs being formed [5][6] - The "5621" plan aims to promote at least five sports projects in each district, enhancing the sports infrastructure in over 400 schools and increasing student participation in sports events [6][7] Group 3 - Nanjing's campus sports initiatives have led to significant achievements, including a strong performance in national competitions, with students winning numerous medals and accolades [7][8] - The focus on health and fitness in education has resulted in improved physical health among students, with Nanjing consistently ranking first in student health excellence in the province [7][8] - The development of campus sports has also provided diverse pathways for students to gain admission to prestigious universities based on their athletic talents [8]

Core Points - The article highlights the importance of sports as a bridge connecting people, emphasizing the long-standing sports exchanges between China and Germany, which have deepened cooperation in various areas including youth talent development and academic collaboration [1] Group 1: Youth Football Exchange - The eighth U16 youth football invitation tournament took place in Mannheim, Germany, featuring teams from China and Germany, fostering friendships among young players [1][3] - Chinese player Yang Xiaozhe expressed that playing in Germany allowed him to understand how football can bring young people from different countries closer together [1] - Over the past decade, the tournament has involved over 1,600 young athletes from more than 42 teams across 20 cities in China and Germany [1] Group 2: Cultural and Technological Exchange - Chinese players experienced a smart training system developed by a German sports technology company, which enhances athletes' reaction, decision-making, and execution abilities [4] - The event also included cultural exchanges, with Chinese players visiting local clubs and engaging with German students, showcasing the broader impact of sports on economic, educational, and cultural cooperation [4] Group 3: Dragon Boat and Ice Hockey Events - The second Frankfurt International Dragon Boat Friendship Race featured 17 teams from various countries, attracting nearly 10,000 local spectators [5] - The "Chinese Night" event in Düsseldorf combined traditional Chinese performances with ice hockey, highlighting the cultural integration through sports [6] Group 4: Table Tennis and Martial Arts Collaboration - Chinese table tennis star Fan Zhendong joined the Saarbrücken club in Germany, indicating a strong interest in further collaboration between Chinese and German table tennis [6] - The promotion of Chinese martial arts in Germany has been facilitated by Wu Min, who has successfully integrated martial arts with Chinese language education [7] Group 5: Academic and Institutional Cooperation - The ongoing Sino-German International Academic Forum on Sports Development focuses on various topics, promoting knowledge sharing among experts [8] - Local officials express a commitment to deepening sports cooperation between China and Germany, recognizing its role in enhancing mutual understanding and cultural exchange [8]

Core Viewpoint - Leifras Co (LFS.US) debuted on the US stock market with a significant opening drop of 28%, trading at $2.88, compared to its IPO price of $3.50 [1] Company Overview - Leifras Co is a Japanese company focused on sports education and social business operations and services [1] - The company operates over 4,500 facilities across Japan, providing courses to more than 65,000 members [1]

Core Viewpoint - Leifras Co (LFS.US) experienced a significant drop of 28% on its debut in the U.S. stock market, opening at $2.88 after an IPO price of $3.5 [1] Company Overview - Leifras Co is a Japanese company focused on sports education and social services [1] - The company operates over 4,500 facilities across Japan, providing courses to more than 65,000 members [1]

Core Viewpoint - The article highlights the achievements and training efforts of the women's basketball team at Hunan Xiangjiang New District Bo Cai Primary School, emphasizing their recent victory in the 2024-2025 Li Ning China Primary School Basketball League U12 National Finals and the dedication of both the players and their coach [1][6]. Group 1: Team Achievements - The women's basketball team won the U12 National Championship in the 2024-2025 Li Ning China Primary School Basketball League [1][6]. - The team has consistently performed well in various competitions, including winning the U11 group championship in the 2024 National Youth Basketball League and the U12 group championship in the 2025 Hunan Provincial Mini Basketball League [6][8]. - Over the past decade, the school has produced numerous talented basketball players, with five students entering national-level professional teams and nearly 1,000 students being sent to key secondary schools [6][8]. Group 2: Training and Development - The school has established nine basketball teams, with each class forming its own team starting from the third grade, ensuring a continuous influx of new players [3][4]. - Training occurs daily after school, with students participating in various drills and competitions, fostering a strong basketball culture within the school [3][6]. - The coach, Lian Yueyu, has developed a training methodology tailored for elementary students, focusing on building resilience and teamwork among the players [6][8]. Group 3: School's Commitment to Sports - Bo Cai Primary School has built basketball hoops on concrete surfaces throughout the campus, allowing students to practice anytime [4][5]. - The school promotes a balance between sports and academics, with basketball training scheduled during extracurricular hours to avoid interfering with students' studies [7]. - The school has received multiple accolades, including being recognized as a National Basketball Characteristic School and a Youth Basketball Talent Base in Changsha [7][8].