Sunlands(STG) - 2025 Q4 - Earnings Call Transcript

Sunlands Technology Group (NYSE:STG) Q4 2025 Earnings call March 19, 2026 06:30 AM ET Company ParticipantsHangyu Li - Financial DirectorTongbo Liu - CEOYuhua Ye - IR RepresentativeOperatorLadies and gentlemen, thank you for standing by, and welcome to Sunlands' fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. Today's conference call is being recorded. I would like to hand the call over to your host today, Yuhua, Sunlands' IR representative ...