Group 1 - China Oriental Education's stock closed at HKD 6.930 on July 9, 2023, marking a 3.59% increase from the previous trading day, with an intraday high of HKD 7.040, the highest in nearly a year [1] - The company experienced a net inflow of HKD 14.93 million in capital on the same day, with no specific data on inflows and outflows [1] - Founded in 1988 in Hefei, Anhui, China Oriental Education operates 234 schools across 30 provinces and Hong Kong, with approximately 150,000 students and over 11,000 employees as of June 30, 2024 [1] Group 2 - China Oriental Education has contributed significantly to the development of practical and versatile talents in response to economic and social needs, aiding in rural labor transfer and re-employment training for laid-off workers [2] - The company has pioneered a direct chain vocational education model, recognized as a benchmark for the development of vocational education in China, earning the title of "Vocational Education Aircraft Carrier" from authoritative media [2] - Over its 30 years of rapid growth, China Oriental Education has established the Xinhua Education Research Institute for independent vocational education research and continues to explore innovative educational products and talent cultivation models [2]

Core Viewpoint - The article emphasizes the importance of vocational education in preparing students for employment, highlighting the proactive approach of institutions like China Oriental Education in aligning their curriculum with market demands and industry needs [2][12]. Group 1: Vocational Education Approach - China Oriental Education operates multiple vocational training brands, including New Oriental Culinary Education and Anhui Xinhua Computer Education, focusing on practical skills and job readiness [1][4]. - The teaching methodology involves reverse engineering the curriculum based on job market requirements, ensuring that students acquire relevant skills for specific roles, such as JAVA engineers [2][9]. - Instructors are often industry professionals, providing students with real-world insights and hands-on experience in a simulated work environment [5][11]. Group 2: Student Development and Success - Students at Anhui Xinhua Advanced Technical School are reported to secure job offers before graduation, indicating the effectiveness of the training programs [7][8]. - The institution emphasizes not only technical skills but also personal development, aiming to cultivate well-rounded individuals who are prepared for both professional and personal challenges [12][13]. - Success stories, such as that of a student overcoming personal challenges to excel in automotive repair, illustrate the transformative impact of the education provided [15]. Group 3: Continuous Learning and Adaptation - The faculty at these vocational schools actively engage in continuous learning to keep up with industry advancements, such as AI and new automotive technologies [8][9]. - Regular updates to the curriculum and training programs are implemented to reflect the latest market trends and technological innovations [8][11]. - The commitment to lifelong learning among educators ensures that students receive the most current and applicable knowledge in their fields [12][16].

Core Insights - New Oriental Culinary Education stands out in vocational education by achieving "employment upon graduation" amidst societal concerns of "graduation leading to unemployment" [1][12] - The organization emphasizes deepening industry-education integration to address structural employment issues [1][12] Group 1: Industry Collaboration - New Oriental Culinary Education has maintained a "school-enterprise co-training" model for 37 years, focusing on delivering high-quality, versatile talent to the restaurant industry [3] - The organization collaborates with over 30 well-known restaurant enterprises to explore innovative paths for industry-education synergy [1][12] Group 2: Educational Innovation - Three benchmark companies, Fei Dazhu, Lanxiangzi, and Ailisi, discussed the achievements and future cooperation models in industry-education integration during a recent meeting [4] - A tailored "industry-education integration specialty class" was developed by Xi'an Lanxiangzi Restaurant Management Co., featuring a 1:1 simulation of store scenarios and customized course systems [6] Group 3: Recognition and Future Plans - Students from New Oriental Culinary Education are highly regarded by enterprises for their comprehensive skills and rapid career advancement [8] - Companies like Jinan Ward Aili Food Co. express intentions to deepen collaboration with New Oriental Culinary Education in course design and training systems [10] Group 4: Future Directions - The recent meeting outlined a broader and deeper development direction for industry-education integration, aiming to cover various culinary sectors and involve more diverse participants [12] - New Oriental Culinary Education aims to continue its mission of cultivating high-skilled, versatile talent to support the high-quality development of the restaurant industry [12][13]

Core Viewpoint - The article highlights the significant growth and importance of vocational education in China, particularly in the culinary sector, driven by government support and high demand for skilled talent [1][3]. Policy Support - The Chinese government has emphasized the importance of vocational education, stating it is "equally important" as general education in the revised Vocational Education Law [3]. - The "14th Five-Year Plan" for vocational skills training focuses on enhancing talent cultivation in the catering service sector, aligning with the national "Skills Power" strategy [3]. - New Oriental Culinary Education has established partnerships with over 30,000 enterprises, implementing an integrated learning model that ensures students are employed upon graduation [3][5]. Market Demand - During the recent culinary competition, over 70 well-known companies conducted on-site recruitment, addressing both employment challenges and the demand for skilled culinary professionals [5]. - The high employment rate and salary potential in culinary professions are highlighted, with New Oriental Culinary Education graduates achieving a 94.6% employment recommendation rate [7]. Economic and Social Returns - The economic benefits of vocational education are evident, with many graduates being hired as "technical backbones" and some choosing to start their own businesses [7]. - The social status and career satisfaction of skilled talent are significantly improving, representing a valuable "invisible return" of vocational education [7]. Future Outlook - The culinary industry is positioned as a crucial pillar of the economy, requiring a continuous supply of skilled talent and innovation [9]. - New Oriental Culinary Education promotes a cycle of learning and teaching through competitions, contributing to sustainable development in the culinary sector [10]. - The article emphasizes that vocational education can transform lives and contribute to national strategies, paving the way for a prosperous future in the industry [10].