盛通股份(002599) - 盛通股份调研活动信息

Group 1: Company Overview and Financial Performance - Beijing Shengtong Printing Co., Ltd. focuses on the printing industry while expanding into technology education [1] - In the first half of 2021, the company achieved revenue of CNY 1.263 billion, a year-on-year increase of 53.36%, with a net profit attributable to shareholders of CNY 57.4812 million, up 554.93% [1][2] - Revenue from comprehensive printing services reached CNY 1.07 billion, growing by 40.42%, while technology education services generated CNY 194 million, a significant increase of 212.80% [2] Group 2: Business Segmentation and Growth - In comprehensive printing services, publishing services accounted for 71.17% and packaging printing for 13.52% [2] - Within technology education services, student services contributed CNY 145 million, representing 11.51% of total revenue, with a year-on-year growth of 214.86% [2] - Institutional services made up 3.80% of total revenue, with a year-on-year increase of 206.71% [2] Group 3: Strategic Initiatives and Market Adaptation - The company has adapted to external challenges such as COVID-19 and the "double reduction" policy by implementing a hybrid online and offline business model [2] - A new division, "Technology into Campus," was established to enhance investment in the technology education market, creating a comprehensive system involving stores, institutions, and schools [2] - Future strategic goals include strengthening comprehensive printing services and expanding technology education services, aiming to become a leader in youth technology education [2][3] Group 4: Market Trends and Regulatory Environment - The company has observed significant changes in franchise demand post-"double reduction" policy, with a notable increase in franchise business [3] - The approval process for quality education stores remains stringent, but the company is committed to compliant operations in response to evolving regulations [3] - The company plans to build a complete ecosystem for youth programming education, integrating various business models and services [3]