Company Overview - Jiangsu ChuanZhi BoKe Education Technology Co., Ltd. (referred to as "the company" or "ChuanZhi Education") was established in 2012 and is a leading high-tech enterprise in digital talent training in China, focusing on employment-oriented vocational education [2][3] - The company has delivered over 300,000 digital talents to society, enhancing students' work and employment capabilities, and contributing to the development of the local digital economy and the new generation of information technology industry [2][34] Business Segments - The company's digital talent vocational education business includes two main segments: digital talent vocational training and digital talent academic vocational education [3] - In the vocational training sector, the company operates brands such as "Heima Programmer" for on-site training and "Boxue Valley" for online training [3] - The company has invested in a for-profit full-time secondary vocational school and a for-profit full-time college, expanding its educational offerings [3][9] Strategic Goals - The company's mission is to contribute to the great rejuvenation of the Chinese nation and to help students avoid detours in their education [4] - The vision is to explore the essence of education and create a new educational ecosystem [5] Financial Performance - In 2024, the company reported a net profit of -134 million yuan, leading to a proposal not to distribute cash dividends for the year [44][46] - The company has a retained earnings balance of 507 million yuan at the end of 2024, with 433 million yuan available for distribution to shareholders [44] Educational Contributions - The company has published 167 computer university textbooks, with 14 included in the national planning for vocational education, and has distributed over 9.4 million copies [10][37] - It has established partnerships with over 2,600 universities for course content and teaching support, enhancing its influence in higher education [10][37] Social Responsibility - The company actively promotes free educational resources, having released over 170,000 free video tutorials with annual downloads exceeding 100 million [35][36] - It has been involved in educational poverty alleviation, helping rural students access quality learning content and improve their employment prospects [36] Future Outlook - The company aims to continue expanding its digital talent academic vocational education and enhance its competitive edge through strategic investments and partnerships [42][46] - It plans to embrace AI technology and develop new courses to meet market demands while maintaining a commitment to social responsibility and educational equity [42][46]