Core Viewpoint - Huaxi Securities published a report indicating that Zhonghui Group's FY2025 total revenue, net profit attributable to shareholders, and adjusted net profit attributable to shareholders are projected to be 2.489 billion, 514 million, and 592 million yuan respectively, with a proposed final dividend of 0.074 HKD per share and an interim dividend of 0.066 HKD per share, resulting in a dividend payout ratio of 30% and a corresponding dividend yield of 9.66% [1] Group 1 - The group's revenue from tuition, accommodation, and non-degree vocational education services for the reporting period was 2.156 billion, 205 million, and 128 million yuan respectively, showing year-on-year growth of 6.3%, 4.9%, and 46.3% [1] - The total number of students enrolled in the group showed steady growth, reaching 99,800 by the end of FY2025, an increase of 4.4% year-on-year [1] Group 2 - In the short term, a decline in student enrollment is expected for FY26 due to the company's proactive reduction of enrollment plans for specialized undergraduate programs aimed at professional upgrading and high-quality development; however, a stable growth is anticipated for FY27 [1] - Future growth points for the company are expected to arise from the integration of industry and education, as well as social training [1] - Progress has been made in international education, with the first batch of foreign students welcomed this year, and active preparations for a teaching center in Hong Kong and overseas, indicating potential recovery in overseas business [1]