在数字经济加速迭代的今天，职业教育正经历着从传统模式向智能生态的深刻变革。潮生活惠民百事通 凭借对技术革新的敏锐洞察与对用户需求的深度解构，以科技为笔、创新为墨，在职业教育的版图上勾 勒出全新图景，让每个普通人的成长之路都能与时代同频共振。 科技为基：构建智能化学习新范式 传统职业教育中，"千人一面" 的教学模式往往难以适配个体差异。潮生活惠民百事通打破这一桎梏， 将 AI 技术深度融入教育全链条。其自主研发的智能学习系统，如同一位精准的 "成长顾问"，通过捕捉 学员的每一次点击、每一份作业、每一次测验数据，构建出立体的学习画像。系统不仅能智能诊断知识 盲区，为快节奏学习者推送进阶挑战内容，也能为基础薄弱者定制阶梯式巩固方案，让学习效率提升不 再是抽象概念。 这种技术赋能在实践中焕发独特价值。以面向 AI 时代的"AI超级个体"技能培养为例，平台创新设计 "认知 - 实践 - 产出" 三阶教学闭环：通过 AI 导师解析前沿技术原理，借助虚拟实训舱模拟真实工作场 景，最终引导学员完成从创意构思到产品落地的全流程创作。这种沉浸式学习体验，让抽象的技术知识 转化为可复用的职场能力，上线首月便吸引超千名学员参与，印证 ...

站在AI赋能的时代节点回望，人类文明的进步史是一部与工具协同进化的历史。当AI的光芒照亮生活 的每个角落，我们目睹的不是人类的退场，而是一个更智慧、更温暖、更具创造力的生命形态的崛起。 （作者单位：广州市社会主义学院） 情感联结，在数字时代守护人性温度。有人担忧，AI的介入会削弱人类的情感联结，让社会陷入"算法 冷漠"。但事实上，技术从来都是中性的，关键在于如何运用。在虚拟与现实交织的今天，AI正以独特 的方式，为情感交流开辟新通道。AI绘画工具根据用户描述生成充满回忆的数字插画，将抽象的情感 转化为可触碰的视觉符号；AI聊天机器人以非评判性的倾听姿态，为抑郁症患者提供24小时情绪疏 导，成为许多人"深夜里的树洞"。这些技术应用并非替代人类情感，而是拓展了情感表达的维度。当物 理距离不再成为阻碍，当羞于言说的心事有了温柔的回应，AI便成为情感传递的"数字信使"，让人类在 快节奏的生活中依然能感受彼此的温度。值得关注的是，AI正在重塑人类对"陪伴"的定义。人机协同的 情感联结，不是对人类关系的取代，而是一种有益补充。它让稀缺的情感资源得以更高效地分配，让孤 独的心灵获得更及时的慰藉，在数字时代守护着人性中最本真 ...

2024 年是双减政策实施的第三年，AI 技术迅速发展，教培行业面临着前所未有的变革。近日，多家教育上市公司纷纷发表企业财报，这些数据背后，展 示着中国教育行业在政策调整与技术革命的交织中迎来深度转型。各公司在面对市场变化和技术革新时采取了多元化的策略，从构建综合教育生态系统到 依托 AI 技术实现突破，再到通过差异化服务抢占市场份额，展现了行业的活力与创新。 01 业绩情况：亏损与盈利并存，分化中谋增长 | | k12教培上市公司业绩一览 | | | | --- | --- | --- | --- | | 证券名称 | 总市值 | 营收 | 净利润 | | 新东方 | 79.38亿美元 | 11.83 亿美元 | 1.26 亿美元 | | 好未来 | 55.08亿美元 | 6.10 亿美元 | 8,459.1万美元 | | 高途 | 7.61亿美元 | 13.89亿元 | -1.36亿元 | | 网易有道 | 10.42亿美元 | 1.836亿美元 | 1140万美元 | | 学大教育 | 64.59亿美元 | 27.86亿元 | 1.8亿元 | | 卓越教育 | 46.17亿港元 | 11.02 亿元 | ...

来源 | 美股研究社 又逢美股业绩报披露季。 业绩发布后，新东方美、港股股价涨跌不一：新东方 (EDU.US) 收跌 0.68% 、新东方 - S(09901.HK) 次日开盘后一度涨超 5.6% ，不过两者走势都呈高开拉升再回调态势，可见投资者 对其业绩报的理解存在分化。 原因在于，看似极具韧性的整体业绩下，其背后的隐忧引起了不少机构投资者的担忧。 2025 财 年第三单季度其净营收同比下降 2% 至 11.83 亿美元；更重要的是公司对 Q4 核心教育收入指引 则不佳，和机构预期落差较大。 目前包括麦格理、摩根大通、大华继显都先后发布研报下调新东方目标价。 教 育 主 业 重 回 高 增 长 轨 道 收入整体下滑，教育主业结构性增长，盈利稳步提升，这是新东方 2025 财年第三财季季报的概 括。 财报显示，新东方 2025 财年第三季度的净营收 虽然 同比下降 2% 至 11.83 亿美元 。 但是，若扣除 东方甄选自营产品及直播电商业务 ，其 营收 不降反升， 同比上升 21.2% 至 10.38 亿美元。 日前，中国民办教育服务的标杆企业 ——新东方发布 Q3 财报： 2025 财年前三财季（截至 2 ...

Financial Data and Key Metrics Changes - Total net revenue decreased by 2% year over year, but net revenue excluding Easter buy increased by 21.2% year over year [6] - Operating income increased by 9.8% year over year to $124.5 million [17] - Net income attributable to New Oriental increased by 0.1% year over year to $87.3 million [18] - Non-GAAP net income decreased by 14.3% year over year to $113.3 million [18] - Cash and cash equivalents totaled approximately $1.42 billion, with total assets around $4.7 billion [19] Business Line Data and Key Metrics Changes - Overseas test drive business revenue increased by 7% year over year [9] - Overseas study consulting business revenue increased by 21% year over year [9] - Adults and university students business revenue increased by 17% year over year [9] - New educational business initiatives recorded a revenue increase of 35% year over year [11] - Integrated tourism-related business line revenue increased by 85% year over year [11] Market Data and Key Metrics Changes - Top 10 cities contributed over 60% of the overseas test drive business [10] - Top 10 cities contributed approximately 50% of the intelligent learning system and device business [11] - Revenue contribution from top 10 cities in integrated tourism-related business exceeded 50% [12] Company Strategy and Development Direction - Company remains committed to long-term value creation and operational consistency [6] - Continued investments in AI and technology integration to enhance educational offerings and operational efficiency [14][22] - Share repurchase program extended with an increased aggregate value from $400 million to $700 million [15] Management Comments on Operating Environment and Future Outlook - Management anticipates total net revenue growth in the range of 10% to 13% for the upcoming quarter [20] - Cost control measures initiated to enhance efficiency and operating margins [21] - Management expects overseas related business growth to be in the range of 5% to 10% in the upcoming quarter [27] Other Important Information - Operating costs decreased by 3.2% year over year, while selling and marketing expenses increased by 13% [17] - Deferred revenue increased by 15% year over year to approximately $1.75 billion [19] Q&A Session Summary Question: Drivers of slowdown in overseas related businesses - Management indicated that the slowdown is due to macroeconomic conditions and international relations changes, projecting growth of 5% to 10% for overseas related business in Q4 [27] Question: Breakdown of other business growth in Q4 - Management provided estimates for Q4 growth: overseas related business around 8%, domestic university students business around 19%, high school business around 16-17%, and K-9 educational business around 30-35% [30] Question: K-9 offline enrollment growth and learning device impact - Management explained that slower K-9 growth is impacted by enrollment timing differences and expects K-9 business to grow over 35% in Q4 [41] Question: Sustainability of margin expansion into FY26 - Management expects margin expansion due to ongoing cost control and efficiency enhancements, aiming for a lower percentage of headquarters expenses in FY26 [70][72] Question: Future shareholder payback plans - Management confirmed ongoing discussions for future capital allocation plans, including potential dividends and share buybacks [50] Question: Growth expectations for other business segments next year - Management anticipates similar growth rates for core business lines as in Q4, with overseas related business stabilizing and K-9 new business expected to grow around 25-30% [58] Question: AI and technology development strategy - Management emphasized the integration of AI in teaching and learning processes, enhancing efficiency and data collection for better student outcomes [63][64] Question: Learning hardware business strategy amid competition - Management expressed confidence in the learning hardware business model, leveraging educational strengths and technology to maintain competitive margins [81][83]