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**Report Release Information** Report Title: "Smooth Guangzhou Market Expansion, New Campus Investments Create Short-term Profit Pressure - SCHOLAR EDU (1769.HK) 2025 Half-Year Report Review" Report Release Date: August 21, 2025 Analysts: Chen Yantong (License No.: S0930518070002) Analysts: Wang Hangyu (License No.: S0930523070002) Analysts: Nie Boya (License No.: S0930522030003)
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