Business GrowthNew educational business initiatives revenue increased by 50% YoY in 1QFY25, mainly driven by the strong growth of both non-academic tutoring and intelligent learning system businesses.
Financial PerformanceBalancing profitability and revenue growth, non-GAAP OPM, excluding the impact from East Buy, was up by 2.2ppts YoY to 24.4% in 1QFY25.
Regulatory EnvironmentThe Draft Measures on Private Education shouldn't impact EDU's existing business and is positive due to a clarified approval process.