Good afternoon everyone. Today I'm going to speak on the topic how the spark of being excellent at your job can create the right impact not just for you or your career but for your target group and for society in general. My speech will be divided into four subp parts which will be a narration of my journey with establishing my organization.So the first part scouting the right opportunity. Now one thinks that the right opportunity is something that you get from your customers or from the target group or som ...

Company Overview - New Oriental Education & Technology Group operates a wide range of private education services in China, including K-12 after-school tutoring, test preparation, language training, and online education programs [5][8] - The company reported a market capitalization of $9.17 billion and a revenue of $4.99 billion for the trailing twelve months (TTM) [4] - Net income for the TTM was $367 million, indicating a slight year-over-year decline of 2% [4][10] Financial Performance - For the fiscal first quarter, revenue increased by 6.1% year-over-year to $1.52 billion, while operating income rose to $310.8 million [9] - Non-GAAP operating income grew by 11.3% to $335.5 million, supported by improved cost discipline and a 100-basis-point expansion in non-GAAP operating margin [9] - The company generated nearly $192 million in operating cash flow for the quarter and maintained over $1.28 billion in cash on its balance sheet [9] Investment Activity - First Beijing Investment Ltd increased its stake in New Oriental by 2.23 million shares, bringing its total position to 9.35 million shares valued at $496.02 million as of September 30 [2][6] - New Oriental now represents 19.15% of First Beijing Investment's U.S. equity portfolio, indicating a significant commitment to the education sector [2][6] Market Context - As of the latest data, New Oriental shares were priced at $55.03, reflecting a 13% decline over the past year, contrasting with the S&P 500's increase of approximately 16% [3] - The investor's decision to increase its stake in New Oriental suggests a belief that the market is undervaluing the company's resilience despite the challenges faced by the education sector in recent years [6][10]