HUAMEI HOLDING(SZ:000607)2022-12-06 23:54Group 1: Investor Relations Activity - The investor relations activity involved specific object research with participation from various securities firms [2] - The meeting took place on May 31, 2016, from 14:00 to 15:30 in the company conference room [3] - The company was represented by the board secretary, Gao Jianqiang [3] Group 2: Company Overview and Business Model - The company introduced its acquisition of an education company, focusing on vocational education, IT education, international education, online education, and arts education [3][4] - The education company has a projected enrollment growth rate of 150% for new campuses [4] Group 3: Revenue Streams - Fixed income sources include tuition fees ranging from 9,000 to 70,000 RMB, accommodation fees between 3,000 and 5,000 RMB, and miscellaneous fees from 1,000 to 3,000 RMB [4] - The company expects to open 8 new campuses in 2016, with revenue dependent on enrollment numbers and campus locations [4] Group 4: Management and Incentives - The company holds a 60% stake in the acquired education company, with the original management team retained to ensure trust and effective incentives [5] - The excess profit reward for the management team is set at 40%, which is considered high compared to state-owned listed companies [5] Group 5: Operational Model and Future Plans - The operational model focuses on promoting SP business, with content production managed by broadcasting stations [5] - The company is currently in the early stages of a non-public offering, with project research ongoing [6]