SCVE GROUP announced its annual results for the period ending December 31, 2025. Revenue reached RMB792 million, representing a year-on-year increase of 15.8%. This growth was primarily driven by a rise in tuition and accommodation fees following an increase in the total number of full-time students enrolled during the reporting period. Gross profit increased by approximately 20.1% to about RMB228 million for the 2025 fiscal year. Over the same period, the Group's gross profit margin rose from approximately 27.8% to about 28.8%. The improvement in the gross profit margin was mainly attributable to increased student enrollment, which expanded the scale of the corresponding education segment and led to rises in both revenue and costs. However, revenue grew at a faster rate than costs, resulting in a corresponding increase in gross profit. For the 2025/2026 academic year, the total number of full-time students across the Group's schools was 36,876. As of December 31, 2025, the average tuition fees at Lingnan Vocational and Technical College and Lingnan Modern Technician College were RMB18,439 and RMB16,059, respectively. The average accommodation fees for these two institutions were RMB2,642 and RMB2,431, respectively.