Core Viewpoint - Action Education (605098.SH), the leading company in the A-share management training industry, continues to implement a high dividend strategy, proposing a cash dividend of 10 yuan per 10 shares for the 2025 interim dividend [2][4]. Financial Performance - In 2024, Action Education achieved a revenue of 783 million yuan, representing a year-on-year growth of 16.54%, and a net profit of 269 million yuan, up 22.39% year-on-year [3][9]. - The company has cumulatively realized a net profit of 770 million yuan over four years [3]. Dividend History - Since its listing in April 2021, Action Education has implemented multiple dividend distributions, totaling 1.02 billion yuan, which is 1.76 times the total amount raised during its IPO [5][7]. - In 2024, the company increased its dividend frequency, distributing a total of 267 million yuan, which is comparable to its annual net profit of 269 million yuan [7][9]. Client Development - In 2024, Action Education developed over 1,200 new clients, including 295 new major clients, indicating significant growth in its customer base [3][9]. Business Segments - The main business segments of Action Education include management training, management consulting services, and related sales of books and audio-visual products [9][10]. - In 2024, the revenue from management training, management consulting, and book sales was 633 million yuan, 146 million yuan, and 3.05 million yuan, respectively, with growth rates of 6.31%, 97.38%, and 47.07% [10]. Asset and Financial Position - As of March 2025, Action Education's total assets amounted to 2.183 billion yuan, with a debt-to-asset ratio of 54.33% [8].