Driven by technology and policy, the Education Industry pattern and valuation are expected to be restructured.
At the economic themed press conference on March 5, Zheng Zhanjie, the director of the National Development and Reform Commission, introduced plans to expand the supply of high-quality Education resources, continue to promote the quality upgrade of higher education, and further increase the scale of undergraduate enrollment in 'Double First Class' Universities.
Only a year and a half apart, both chairmen of ST Dongshi have been dismissed by the Board of Directors | Quick read of the announcement.
① The chairman of ST Dongshi has been removed by the Board of Directors, with several directors believing that the chairman's tenure saw a continued deterioration in the company's operational conditions, chaotic internal management, and unclear strategic direction, which severely affected the company's operation and future development; ② This is the second chairman to be dismissed at ST Dongshi within a year and a half, and both are brothers; ③ Currently, the company also faces operational pressure and issues with the controlling shareholder's illegal appropriation of company funds.
The DeepSeek large model promotes cost reduction and efficiency improvement, and AI Education products are expected to accelerate commercialization.
① Education is one of the core scenarios for the application of AI. The use of AI technology to reduce costs and increase efficiency makes it possible for education to balance high quality, inclusiveness, and personalization, and is expected to deeply empower education by improving delivery efficiency and enhancing personalized experiences for students. ② The domestic AI + education B2B and B2C markets are expected to reach 47.7 billion yuan and 28.2 billion yuan respectively by 2027, while the AI + companionship market is anticipated to reach a trillion level within 3-5 years.
TikTok's comment section staged an 'online fee dispute', the leading offcn education technology in civil service exam training was 'besieged' by students. The founder's family has cashed out billions.
①After enrolling in the offcn education technology's "No Refund" agreement class, a student applied for a refund for many years without success, and now has appeared in the founder's Douyin comments section "online demanding a refund." The company admits that the refund issue has indeed not been completely resolved; ②Behind the owed refunds to students, offcn education technology faced financial tightness at the end of 2021 due to a sharp increase in refunds, long-term heavy asset investments, and a series of other reasons, and the company's operational situation has been difficult to improve up to now.
Concept Dynamics | Cailian News Theme Library Adds "Zhipu AI"
On October 25, 2024, zhipu AI launched its self-developed intelligent body AutoGLM, which is a mobile operation assistant that can simulate user clicks on the screen, as well as a browser assistant for clicking on web pages. Currently compatible with 8 well-known application software such as WeChat, Taobao, Meituan, Xiaohongshu.
Artificial intelligence brings profound changes. The education industry is expected to benefit from both technological and policy advantages.
The first International Conference on AI Teacher Education (ICAITE 2024) will be held in Beijing, China on October 12-14, 2024. Soochow Securities' Zhang Liangwei believes that the education industry is expected to benefit from the dual bullish factors of AI technological advancements and non-disciplinary training policies.