Core Viewpoint - The article emphasizes the integration of AI into the entire educational process, aiming to reconstruct a new learning experience through a dual-driven model of "education + technology" [2][5]. Financial Performance - In Q1 of FY2025, the company achieved revenue of approximately 1.5 billion RMB, reflecting a year-on-year growth of nearly 58% [4][7]. - Operating profit was around 34.8 million RMB, with net profit exceeding 120 million RMB, and adjusted net profit close to 140 million RMB, resulting in a net profit margin of 9.2% [4][7]. - As of March 31, 2025, the company held cash and cash equivalents totaling 3.5 billion RMB [4]. Stock Buyback and Shareholder Value - The company has repurchased approximately 22.3 million American Depositary Shares for about 460 million RMB, with a new buyback plan approved to repurchase up to 100 million USD worth of shares over the next three years [4][8]. - The management prioritizes shareholder returns and aims to enhance shareholder value through strategic stock buybacks [8][9]. AI Integration and Educational Innovation - The rapid growth of the company is attributed to the deepening of its "education + technology" dual-driven model, which includes a diverse range of educational services from K-12 to adult learning [5]. - The company has been implementing an AI strategy for over three years, enhancing operational efficiency, user engagement, and cost structure [5][6]. - AI applications have improved management capabilities, automated processes, and personalized learning experiences, leading to significant efficiency gains [6]. Future Growth and Strategic Focus - The company aims to create a value loop empowered by educational technology, continuously enhancing user experience and learning outcomes [8]. - The management expresses confidence in the company's long-term operational stability and profit growth, supported by a deferred revenue balance exceeding 1.4 billion RMB, which represents a year-on-year growth of 44% [8][9].