Investment Rating - The report maintains a "Buy" rating for the company [3][6]. Core Insights - The company achieved steady revenue growth in 2024, with total revenue reaching 783.43 million yuan, a year-on-year increase of 16.54%. The net profit attributable to shareholders was 268.57 million yuan, up 22.39% year-on-year [1]. - The company has a high dividend payout ratio, proposing a cash dividend of 0.75 yuan per share, totaling 89.438 million yuan, which represents a dividend payout ratio of 99.47% [1]. - The company has successfully implemented a large customer strategy, resulting in the acquisition of over 1,200 new clients in 2024, with a net promoter score of 76.9%, significantly above the industry average [2]. - The company is leveraging digital technology for comprehensive upgrades, including the development of AI-based educational tools [2]. Financial Performance Summary - In 2024, the company reported a revenue of 783.43 million yuan, with a year-on-year growth of 16.54% [5]. - The net profit attributable to shareholders for 2024 was 268.57 million yuan, reflecting a year-on-year increase of 22.39% [5]. - The company expects to achieve net profits of 310 million yuan, 356 million yuan, and 402 million yuan for the years 2025, 2026, and 2027, respectively [3]. - The projected earnings per share (EPS) for 2025, 2026, and 2027 are 2.60 yuan, 2.99 yuan, and 3.37 yuan, respectively [3].