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BESTSTUDY EDU (03978.HK) announced a three-year dividend plan.
On January 3, Gelonghui reported that BESTSTUDY EDU (03978.HK) announced that the Board of Directors is pleased to declare its approved dividend plans for the fiscal years 2024, 2025, and 2026. According to the three-year dividend plan, the company plans to gradually increase the dividend payout ratio to 50%, 60%, and 70% of the Net income attributable to the company's owners for the previous fiscal year, and will be paid in two installments through final and interim dividends.
Express News | China Beststudy Education - Aims to Gradually Increase Dividend Payout Ratio to 50%, 60% and 70% of Net Profit Attributable Over Next 3 Years
BESTSTUDY EDU (03978.HK): According to the restricted share unit plan, 0.057 million shares will be purchased.
On December 23, Gelonghui reports that BESTSTUDY EDU (03978.HK) announced that on December 23, 2024, the trustee of the restricted stock unit plan will purchase a total of 0.057 million shares on the open market according to the restricted stock unit plan. The average cost per share is approximately 3.52 HKD, with the total cost of the purchased shares being around 0.2006 million HKD.
Everbright Securities: The competitive landscape of K12 education and training is expected to improve, and the industry's leading companies are gradually recovering their profits within the year.
With the clearing of the industry, the competitive landscape has improved, and the profitability of leading companies is gradually recovering (under optimized conditions, the utilization rate of leading outlets and the scheduling rate of teachers are gradually increasing). The darkest hour for the education and training industry has passed.
HK stocks are on the move | Education stocks are all rising, as the policy proposes expanding the supply of high-quality education resources. Private high schools are the first to benefit from the warming of HK stocks.
Education stocks are on the rise. As of the time of publication, China Edu Group (00839) rose by 5.65% to HK$5.05; Beststudy Edu (03978) rose by 5.12% to HK$3.08; New Oriental-S (09901) rose by 3.85% to HK$47.15; China East Edu (00667) rose by 3.33% to HK$3.1.
Excellent education (03978) explores and develops in the field of AI+ education.
At the annual and mid-term performance conference of Beststudy Edu (03978) in 2023 and 2024, President Mr. Tang Junjing mentioned embracing AI multiple times, expressing the high importance that Beststudy Edu places on the application of AI technology. As one of the leading listed companies in the education industry exploring "AI + education", Beststudy Edu independently developed and launched the personalized teaching system called "Whale accurate teaching" in 2019. After 5 years of iteration, it has processed massive information data in teaching scenarios and has become a mature AI tool for educational research and teaching management. "Whale accurate teaching", as Beststudy Edu's flagship AI educational tool, aims to build a system based on numbers
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