XUEDA(000526)2025-04-30 08:06Group 1: Financial Performance - In 2024, the company achieved a revenue of approximately 2.786 billion RMB, a year-on-year increase of 25.90% [3] - The net profit attributable to shareholders was about 180 million RMB, up 16.84% year-on-year; excluding stock payment expenses, the net profit would be 225 million RMB, reflecting a growth of 34.04% [3] - As of the end of the reporting period, total assets reached approximately 3.828 billion RMB, a growth of 21.45% compared to the previous year [3] - In Q1 2025, the company reported a revenue of 864 million RMB, a year-on-year increase of 22.46% [3] - The net profit attributable to shareholders for Q1 2025 was 73.77 million RMB, a 47% increase year-on-year; excluding stock payment expenses, the net profit would be 87.71 million RMB, reflecting a growth of 49.67% [3] Group 2: Business Development - The number of personalized learning centers increased from over 240 to more than 300, covering over 100 cities with more than 4,000 dedicated teachers [4] - The company has established over 30 full-time training bases across various provinces, focusing on providing a conducive learning environment for students [5] - The company is actively expanding its vocational education sector, including the acquisition of several vocational schools to enhance its core business [7] Group 3: Strategic Initiatives - The company is focusing on personalized education, vocational education, cultural reading, and medical-education integration to strengthen its core competitiveness [4][6][9][11] - The company has launched a health management brand, "Qianyi Health," to provide personalized education and health services for children and adolescents [11] - The company has established 13 cultural spaces aimed at promoting reading among all age groups, enhancing the reading experience [10] Group 4: Financial Management - In 2024, the company repaid a principal amount of 515 million RMB and interest of approximately 51.28 million RMB [12] - The company has completed the repayment of all remaining loans to Ziguang Zhuoyuan, with a principal amount of 0 RMB outstanding [13] - The company plans to repurchase shares at a price not exceeding 66.8 RMB per share, with a total repurchase amount between 110 million to 150 million RMB [13]