Summary of the Conference Call for Thinker Education Company Overview - Thinker Education anticipates a revenue growth rate of 20%-30% for 2025, despite challenges from the economic environment and parents' willingness to pay, maintaining an optimistic outlook on performance [2][4][5] - The company is focusing on expanding its presence in the Guangzhou market, increasing the number of campuses from 9 in 2024 to over 20 in 2025, with a primary focus on winter and spring courses [2][4][6] Key Points and Arguments - The international business of Thinker Education is currently small, contributing only a few million yuan to overall revenue, and is not expected to significantly impact the company [7] - The company is exploring online digital avatars and AI-related businesses, but these initiatives are still in the exploratory phase and will not involve large-scale investments at this time [8] - The competitive pressure in the education and training market is normalized, with the economic environment affecting parents' payment willingness; however, Thinker Education expects to maintain a growth rate of over 20% [9][10] - The summer class renewal rate has improved compared to previous years, indicating healthy regular business operations [11] Additional Important Insights - The company plans to recruit approximately 1,000 outstanding graduates from top universities, with a smooth recruitment process and plans for employee iteration [4] - The company has added about 100-200 teachers in high school due to the new dual holiday system, expecting significant growth in the fall [3][15] - The Guangzhou campus is actively processing school qualification approvals, and the overall progress is in line with expectations [12] - Future expansion into new cities, including K12 offline education, is not ruled out for next year, as the company aims for steady development [14] - The company has seen a stable operating situation without significant changes in profit guidance, despite market concerns due to fewer roadshows [13]
思考乐教育20250526