每天开设1节体育课，大课间体育活动不少于30分钟，让每名学生掌握1至2项运动技能……曾经不 够受重视、常常被挤占的体育课和体育活动，如今在全国不少中小学扮演着越来越重要的角色。 比如，几十人同堂上课，许多体育项目的教学只能做到普及基础动作，很难帮助实现水平进阶。不 仅如此，因为害怕学生受伤，一些学校的体育活动往往"无难度、无强度、无对抗"，运动效果不佳。 从实践看，在开齐、开足体育课之后，如何"开好"成为备受关注的新课题。 增强学生体质、促进身心健康，无疑是体育课最重要的目标。体育运动如果不达到一定的运动负 荷，就无法有效提高心肺功能、增强肌肉力量、促进骨骼生长、提升身体机能，很难谈得上助力学生强 身健体。"教会"是前提，除此之外还需要"勤练""常赛"。只有不断完善课程设计、适当提高运动强度， 增加"出汗"体育、"对抗"体育，"野蛮其体魄"的育人功效才能显现出来。 体育的"育"，还在于"文明其精神"，这同样有赖于适度提升训练难度和运动强度。诸如篮球、足球 之类的团队项目，只有在接近真实比赛的对抗中，学生才能真切体会竞技规则的意义和团队战术的奥 妙。简单的踢腿拉伸，松散的游戏打闹，无法让学生对体育规则和体育精神 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Viewpoints - The company has shown signs of improvement in its business, with a focus on "AI+" driving growth. The H1 2025 report indicates a revenue of 273 million yuan, a year-on-year increase of 5.03%, while the net profit attributable to shareholders decreased by 4.60% to 41 million yuan. The operating cash flow net amount increased by 24.08% to 54 million yuan [2][4]. - The company is a leader in standardized examination point construction, concentrating on smart examination and smart education as its two main business directions. The AI-driven initiatives are expected to create a new growth curve [2][4]. Summary by Relevant Sections Financial Performance - In Q2 2025, the company achieved a revenue of 219 million yuan, a year-on-year increase of 49.23%, and a net profit of 51 million yuan, up 40.30% year-on-year. This marks a recovery from the performance pressures experienced since Q2 2024 [10]. - For H1 2025, the revenue from educational examination standardized products and overall solutions was 154 million yuan, a decrease of 11.93%, while the revenue from smart education products and solutions was 95 million yuan, an increase of 66.55% [10]. Business Development - The AI intelligent examination solution has been successfully implemented across 24 provincial administrative regions, covering thousands of examination venues. The company has introduced a portable, integrated examination device called "Rong Lifang" to address challenges in standardized examination setups [10]. - The company is actively advancing its "AI+" strategy, launching an English education sub-brand "Lingyu Tong" and expanding its "AI New Physical Examination" products, which have supported over 2 million candidates across 14 provinces in physical education testing [10]. Future Projections - Revenue projections for the company are estimated at 475 million yuan in 2025, 554 million yuan in 2026, and 680 million yuan in 2027. Corresponding net profits are expected to be 95 million yuan, 115 million yuan, and 179 million yuan respectively, with price-to-earnings ratios of 65, 54, and 34 times [10].