Reported Earnings • May 27
First quarter 2026 earnings released: EPS: CN¥5.74 (vs CN¥5.56 in 1Q 2025) First quarter 2026 results: EPS: CN¥5.74 (up from CN¥5.56 in 1Q 2025). Revenue: CN¥440.7m (down 9.6% from 1Q 2025). Net income: CN¥76.8m (up 2.2% from 1Q 2025). Profit margin: 17% (up from 15% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Tillkännagivande • May 26
Sunlands Technology Group Provides Earnings Guidance for the Second Quarter of 2026 Sunlands Technology Group provided earnings guidance for the second quarter of 2026. For the quarter, the company expects net revenues to be between RMB 410 million to RMB 430 million, which would represent a decrease of between 20.2% to 23.9% year-over-year. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Song Yingda was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 11
Sunlands Technology Group to Report Q1, 2026 Results on May 26, 2026 Sunlands Technology Group announced that they will report Q1, 2026 results Pre-Market on May 26, 2026 Tillkännagivande • Mar 19
Sunlands Technology Group Provides Earnings Guidance for the First Quarter of 2026 Sunlands Technology Group provided earnings guidance for the first quarter of 2026. For the quarter, the company currently expects net revenues to be between RMB 420 million to RMB 440 million, which would represent a decrease of 9.8% to 13.9% year-over-year. The above outlook is based on the current market conditions and reflects the Company’s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial uncertainty. Tillkännagivande • Mar 03
Sunlands Technology Group to Report Q4, 2025 Results on Mar 19, 2026 Sunlands Technology Group announced that they will report Q4, 2025 results Pre-Market on Mar 19, 2026 Tillkännagivande • Nov 20
Sunlands Technology Group Provides Earnings Guidance for the Fourth Quarter of 2025 Sunlands Technology Group provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects net revenues to be between RMB 440 million to RMB 460 million, which would represent a decrease of 4.9% to 9.0% year-over-year. Tillkännagivande • Nov 14
Sunlands Technology Group, Annual General Meeting, Dec 19, 2025 Sunlands Technology Group, Annual General Meeting, Dec 19, 2025, at 15:00 China Standard Time. Location: 7th floor building 6 chaolai science park, no. 36 chuangyuan road, chaoyang district, beijing China Tillkännagivande • Nov 05
Sunlands Technology Group to Report Q3, 2025 Results on Nov 20, 2025 Sunlands Technology Group announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 20, 2025 Tillkännagivande • Aug 14
Sunlands Technology Group Provides Earnings Guidance for the Third Quarter of 2025 Sunlands Technology Group provided earnings guidance for the third quarter of 2025. For the quarter, the company expects net revenues to be between RMB500 million to RMB520 million, which would represent an increase of 1.8% to 5.8% year-over-year. Tillkännagivande • Jul 28
Sunlands Technology Group to Report Q2, 2025 Results on Aug 14, 2025 Sunlands Technology Group announced that they will report Q2, 2025 results Pre-Market on Aug 14, 2025 Tillkännagivande • May 22
Sunlands Technology Group Provides Revenue Guidance for the Second Quarter 2025 Sunlands Technology Group provided revenue guidance for the second quarter 2025. For the quarter company expects net revenues to be between RMB 500 million to RMB 520 million, which would represent an increase of 1.6% to 5.6% year-over-year. Tillkännagivande • May 08
Sunlands Technology Group to Report Q1, 2025 Results on May 22, 2025 Sunlands Technology Group announced that they will report Q1, 2025 results Pre-Market on May 22, 2025 Tillkännagivande • Mar 21
Sunlands Technology Group Provides Earnings Guidance for the First Quarter of 2025 Sunlands Technology Group provided earnings guidance for the first quarter of 2025. For the first quarter of 2024,the company currently expects net revenues to be between RMB 470 million to RMB 490 million, which would represent a decrease of 6.4% to 10.2% year-over-year. Tillkännagivande • Mar 05
Sunlands Technology Group to Report Q4, 2024 Results on Mar 21, 2025 Sunlands Technology Group announced that they will report Q4, 2024 results Pre-Market on Mar 21, 2025 Tillkännagivande • Nov 22
Sunlands Technology Group Provides Revenue Guidance for the Fourth Quarter of 2024 Sunlands Technology Group provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, Sunlands currently expects net revenues to be between RMB 450 million to RMB 470 million, which would represent a decrease of 13.2% to 16.9% year-over-year. The above outlook is based on the current market conditions and reflects the Company’s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial uncertainty. Tillkännagivande • Nov 07
Sunlands Technology Group to Report Q3, 2024 Results on Nov 22, 2024 Sunlands Technology Group announced that they will report Q3, 2024 results Pre-Market on Nov 22, 2024 Tillkännagivande • Oct 18
Sunlands Technology Group, Annual General Meeting, Dec 10, 2024 Sunlands Technology Group, Annual General Meeting, Dec 10, 2024, at 15:00 China Standard Time. Location: 7th floor building 6, chaolai science park, no. 36 chuangyuan road, chaoyang district, beijing China Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: CN¥6.00 (vs CN¥12.56 in 2Q 2023) Second quarter 2024 results: EPS: CN¥6.00 (down from CN¥12.56 in 2Q 2023). Revenue: CN¥492.2m (down 6.5% from 2Q 2023). Net income: CN¥82.3m (down 53% from 2Q 2023). Profit margin: 17% (down from 33% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 16
Sunlands Technology Group Provides Revenue Guidance for the Third Quarter of 2024 Sunlands Technology Group provided revenue guidance For the third quarter of 2024. For the quarter, Sunlands currently expects net revenues to be between RMB 490 million to RMB 510 million, which would represent a decrease of 2.8% to 6.6% year-over-year. The above outlook is based on the current market conditions and reflects the Company’s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial uncertainty. Tillkännagivande • Aug 02
Sunlands Technology Group to Report Q2, 2024 Results on Aug 16, 2024 Sunlands Technology Group announced that they will report Q2, 2024 results Pre-Market on Aug 16, 2024 New Risk • Jun 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.6m (US$98.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (€90.6m market cap, or US$98.3m). Tillkännagivande • May 31
Sunlands Technology Group Announces Board and Audit Committee Changes Sunlands Technology Group announced the appointment of Mr. Yingda Song as an independent director of the Company and a member of the audit committee of the Board (the “Audit Committee”), effective upon May 31, 2024. For personal reasons, Mr. Yifan Li has tendered his resignation from the position of an independent director and a member of the Audit Committee, effective upon the same date. Tillkännagivande • May 25
Sunlands Technology Group Provides Revenue Guidance for the Second Quarter of 2024 Sunlands Technology Group provided revenue guidance for the second quarter of 2024. For the quarter, the company expects net revenues to be between RMB 480 million to RMB 500 million, which would represent a decrease of 5.0% to 8.8% year-over-year. The above outlook is based on the current market conditions and reflects the Company’s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial uncertainty. Tillkännagivande • May 15
Sunlands Technology Group to Report Q1, 2024 Results on May 24, 2024 Sunlands Technology Group announced that they will report Q1, 2024 results Pre-Market on May 24, 2024 Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: CN¥46.44 (vs CN¥47.07 in FY 2022) Full year 2023 results: EPS: CN¥46.44 (down from CN¥47.07 in FY 2022). Revenue: CN¥2.16b (down 7.0% from FY 2022). Net income: CN¥640.8m (flat on FY 2022). Profit margin: 30% (up from 28% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 24
Full year 2023 earnings released: EPS: CN¥46.44 (vs CN¥47.07 in FY 2022) Full year 2023 results: EPS: CN¥46.44 (down from CN¥47.07 in FY 2022). Revenue: CN¥2.16b (down 7.0% from FY 2022). Net income: CN¥640.8m (flat on FY 2022). Profit margin: 30% (up from 28% in FY 2022). The increase in margin was driven by lower expenses. Tillkännagivande • Mar 22
Sunlands Technology Group Provides Revenue Guidance for the First Quarter of 2024 Sunlands Technology Group provided revenue guidance for the first quarter of 2024. For the first quarter of 2024, Sunlands currently expects net revenues to be between RMB 500 million to RMB 520 million, which would represent a decrease of 8.3% to 11.8% year-over-year. Tillkännagivande • Mar 07
Sunlands Technology Group to Report Q4, 2023 Results on Mar 22, 2024 Sunlands Technology Group announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Mar 22, 2024 Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: CN¥9.57 (vs CN¥12.04 in 3Q 2022) Third quarter 2023 results: EPS: CN¥9.57 (down from CN¥12.04 in 3Q 2022). Revenue: CN¥524.6m (down 9.0% from 3Q 2022). Net income: CN¥131.6m (down 22% from 3Q 2022). Profit margin: 25% (down from 29% in 3Q 2022). The decrease in margin was driven by lower revenue. Tillkännagivande • Nov 23
Sunlands Technology Group Provides Revenue Guidance for the Fourth Quarter of 2023 Sunlands Technology Group provided revenue guidance for the fourth quarter of 2023. For the quarter, the company expects net revenues to be between RMB 490 million to RMB 510 million, which would represent a decrease of 11.9% to 15.3% year-over-year. Tillkännagivande • Nov 09
Sunlands Technology Group to Report Q3, 2023 Results on Nov 22, 2023 Sunlands Technology Group announced that they will report Q3, 2023 results Pre-Market on Nov 22, 2023 Tillkännagivande • Oct 20
Sunlands Technology Group, Annual General Meeting, Dec 08, 2023 Sunlands Technology Group, Annual General Meeting, Dec 08, 2023, at 15:00 China Standard Time. Location: 7th Floor Building 6, Chaolai Science Park No. 36 Chuangyuan Road, Chaoyang District, Beijing, the People's Republic of China Beijing China Reported Earnings • Aug 20
Second quarter 2023 earnings released: EPS: CN¥12.56 (vs CN¥8.45 in 2Q 2022) Second quarter 2023 results: EPS: CN¥12.56 (up from CN¥8.45 in 2Q 2022). Revenue: CN¥526.4m (down 5.2% from 2Q 2022). Net income: CN¥173.9m (up 52% from 2Q 2022). Profit margin: 33% (up from 21% in 2Q 2022). The increase in margin was driven by lower expenses. Tillkännagivande • Aug 19
Sunlands Technology Group Provides Revenue Guidance for the Year 2023 Sunlands Technology Group provided revenue guidance for the year 2023. For the year, the company expects net revenues to be between RMB470 million to RMB490 million, which would represent a decrease of 15.0% to 18.4% year-over-year. The above outlook is based on the current market conditions and reflects the Company’s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial uncertainty. Tillkännagivande • Aug 04
Sunlands Technology Group to Report Q2, 2023 Results on Aug 18, 2023 Sunlands Technology Group announced that they will report Q2, 2023 results Pre-Market on Aug 18, 2023 Tillkännagivande • Jul 04
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of the Sunlands Technology Group American Depository Shares The Rosen Law Firm, P.A. announced that the United States District Court for the Eastern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers Sunlands Technology Group American Depository Shares. Summary notice of pendency and proposed class action settlement: All persons who purchased the publicly-traded American Depository Shares (“ADSs”) OF Sunlands Technology Group (“SUNLANDS”) pursuant or traceable to the registration statement and related prospectus issued in connection with Sunlands’ March 2018 initial public stock offering. Pursuant to an Order of the United States District Court for the Eastern District of New York, that a hearing will be held on September 27, 2023, before the Honorable Robert M. Levy, United States Magistrate Judge for the Eastern District of New York, 225 Cadman Plaza East, Courtroom 11-B South, Brooklyn, NY 11201, for the purpose of determining: whether the proposed Settlement of the claims in the above-captioned Action for consideration including the sum of $6,200,000 should be approved by the Court as fair, reasonable, and adequate; whether the proposed plan to distribute the Settlement proceeds is fair, reasonable, and adequate; whether the application of Lead Counsel for an award of attorneys’ fees of up to one-third plus interest of the Settlement Amount, reimbursement of expenses of not more than $80,000, and a service payment of no more than $10,000 to Plaintiff, should be approved; and whether this Action should be dismissed with prejudice as set forth in the Stipulation of Settlement, dated May 8, 2023 (the “Settlement Stipulation”). The Court reserves the right to hold the Settlement Fairness Hearing telephonically or by other virtual means. Reported Earnings • May 26
First quarter 2023 earnings released: EPS: CN¥13.58 (vs CN¥13.58 in 1Q 2022) First quarter 2023 results: EPS: CN¥13.58 (in line with 1Q 2022). Revenue: CN¥613.3m (flat on 1Q 2022). Net income: CN¥180.6m (flat on 1Q 2022). Profit margin: 30% (in line with 1Q 2022). Tillkännagivande • May 13
Sunlands Technology Group to Report Q1, 2023 Results on May 25, 2023 Sunlands Technology Group announced that they will report Q1, 2023 results Pre-Market on May 25, 2023 Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: CN¥47.07 (vs CN¥16.28 in FY 2021) Full year 2022 results: EPS: CN¥47.07 (up from CN¥16.28 in FY 2021). Revenue: CN¥2.32b (down 7.4% from FY 2021). Net income: CN¥644.0m (up 194% from FY 2021). Profit margin: 28% (up from 8.7% in FY 2021). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to €12.50, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 19x in the Consumer Services industry in Europe. Total returns to shareholders of 307% over the past year. Reported Earnings • Nov 24
Third quarter 2022 earnings released: EPS: CN¥12.04 (vs CN¥7.08 in 3Q 2021) Third quarter 2022 results: EPS: CN¥12.04 (up from CN¥7.08 in 3Q 2021). Revenue: CN¥576.2m (down 3.2% from 3Q 2021). Net income: CN¥168.1m (up 76% from 3Q 2021). Profit margin: 29% (up from 16% in 3Q 2021). The increase in margin was driven by lower expenses. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Frank Li was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Nov 09
Sunlands Technology Group to Report Q3, 2022 Results on Nov 23, 2022 Sunlands Technology Group announced that they will report Q3, 2022 results Pre-Market on Nov 23, 2022 Tillkännagivande • Oct 18
Sunlands Technology Group, Annual General Meeting, Dec 02, 2022 Sunlands Technology Group, Annual General Meeting, Dec 02, 2022, at 15:00 China Standard Time. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: CN¥8.62 (vs CN¥1.70 in 2Q 2021) Second quarter 2022 results: EPS: CN¥8.62 (up from CN¥1.70 in 2Q 2021). Revenue: CN¥555.0m (down 12% from 2Q 2021). Net income: CN¥114.6m (up 403% from 2Q 2021). Profit margin: 21% (up from 3.6% in 2Q 2021). The increase in margin was driven by lower expenses. Tillkännagivande • Aug 19
Sunlands Technology Group Provides Revenue Guidance for the Third Quarter of 2022 Sunlands Technology Group provided revenue guidance For the third quarter of 2022. For the period, the company expects net revenues to be between RMB 520 million to RMB 540 million, which would represent a decrease of 9.3% to 12.6% year-over-year. Tillkännagivande • Aug 12
Sunlands Technology Group to Report Q2, 2022 Results on Aug 18, 2022 Sunlands Technology Group announced that they will report Q2, 2022 results Pre-Market on Aug 18, 2022 Tillkännagivande • Jun 15
Sunlands Technology Group Announces Special Cash Dividend, Payable on or About July 29, 2022 Sunlands Technology Group announced that the Board of Directors of the Company has declared a special cash dividend of USD 1.36 per ordinary share, or USD 0.68 per American Depositary Share (“ADS”) to holders of the Company's ordinary shares and ADSs of record at the close of business on June 30, 2022, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. Dividends to such holders are expected to be distributed on or about July 29, 2022. Reported Earnings • Jun 02
First quarter 2022 earnings released First quarter 2022 results: Revenue: CN¥613.3m (down 12% from 1Q 2021). Net income: CN¥180.6m (up CN¥233.6m from 1Q 2021). Profit margin: 30% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Tillkännagivande • Jun 01
Sunlands Technology Group Provides Revenue Guidance for the Second Quarter of 2022 Sunlands Technology Group provided revenue guidance for the second quarter of 2022. For the quarter, the company expects net revenues to be between RMB 520 million to RMB 540 million, which would represent a decrease of 14.2% to 17.4% year-over-year. Tillkännagivande • May 25
Sunlands Technology Group to Report Q1, 2022 Results on May 31, 2022 Sunlands Technology Group announced that they will report Q1, 2022 results Pre-Market on May 31, 2022 Reported Earnings • May 03
Full year 2021 earnings released: EPS: CN¥16.28 (vs CN¥31.87 loss in FY 2020) Full year 2021 results: EPS: CN¥16.28 (up from CN¥31.87 loss in FY 2020). Revenue: CN¥2.51b (up 14% from FY 2020). Net income: CN¥219.1m (up CN¥649.6m from FY 2020). Profit margin: 8.7% (up from net loss in FY 2020). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Frank Li was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 12
Full year 2021 earnings released: EPS: CN¥16.28 (vs CN¥31.87 loss in FY 2020) Full year 2021 results: EPS: CN¥16.28 (up from CN¥31.87 loss in FY 2020). Revenue: CN¥2.51b (up 14% from FY 2020). Net income: CN¥219.1m (up CN¥649.6m from FY 2020). Profit margin: 8.7% (up from net loss in FY 2020). Tillkännagivande • Apr 09
Sunlands Technology Group Provides Revenue Guidance for the First Quarter of 2022 Sunlands Technology Group provided revenue guidance for the first quarter of 2022. For the quarter, the company expects net revenues to be between RMB 590 million to RMB 610million, which would represent a decrease of 15.0% to 12.1% year-over-year. Tillkännagivande • Mar 31
Sunlands Technology Group to Report Q4, 2021 Results on Apr 08, 2022 Sunlands Technology Group announced that they will report Q4, 2021 results Pre-Market on Apr 08, 2022 Tillkännagivande • Dec 07
Sunlands Technology Group (NYSE:STG) announces an Equity Buyback for $15 million worth of its shares. Sunlands Technology Group (NYSE:STG) announces a share repurchase program. Under the program, the company will repurchase up to $15 million worth of its Class A ordinary shares in the form of American depositary shares. The buyback will funded out of the company's existing cash balance. The plan will be valid for next 24 months. Reported Earnings • Nov 24
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: EPS: CN¥7.08 (up from CN¥12.31 loss in 3Q 2020). Revenue: CN¥595.1m (up 9.9% from 3Q 2020). Net income: CN¥95.3m (up CN¥261.0m from 3Q 2020). Profit margin: 16% (up from net loss in 3Q 2020). Revenue exceeded analyst estimates by 1.5%. Tillkännagivande • Nov 24
Sunlands Technology Group Provides Revenue Guidance for the Fourth Quarter of 2021 Sunlands Technology Group provided revenue guidance for the fourth quarter of 2021. For the quarter, the company expects net revenues to be between RMB 590 million to RMB 610 million, which would represent an increase of 0.9% to 4.3% year-over-year. Tillkännagivande • Aug 23
Sunlands Technology Group Announces Receipt of NYSE Non-Compliance Letter Regarding ADS Trading Price and Plan to Implement ADS Ratio Change Sunlands Technology Group announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated July 23, 2021, notifying Sunlands that (i) it is below compliance standards due to the trading price of Sunlands's American depositary shares (the "ADSs") and (ii) it will have six months from July 23, 2021 to cure the minimum share price standard. Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. Once notified, the company must bring its share price and average share price back above $1.00 by six months following receipt of the notification. The company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period the company has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the six-month cure period, both a $1.00 closing share price on the last trading day of the cure period and a $1.00 average closing share price over the 30 trading-day period ending on the last trading day of the cure period are not attained, the NYSE will commence suspension and delisting procedures. As part of its efforts to cure the deficiency, Sunlands plans to change the ratio of ADSs to Class A ordinary shares from twenty-five (25) ADSs representing one (1) Class A ordinary share to two (2) ADSs representing one (1) Class A ordinary share. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.75 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥629.5m (up 23% from 2Q 2020). Net income: CN¥22.8m (up CN¥149.0m from 2Q 2020). Profit margin: 3.6% (up from net loss in 2Q 2020). Tillkännagivande • Aug 19
Sunlands Technology Group Provides Revenue Guidance for the Third Quarter of 2021 Sunlands Technology Group provided revenue guidance for the third quarter of 2021. For the quarter, the company currently expects net revenues to be between RMB 570 million to RMB 590 million, which would represent an increase of 5.2% to 8.9% year-over-year. Reported Earnings • May 26
First quarter 2021 earnings released: CN¥0.32 loss per share (vs CN¥0.39 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥694.3m (up 23% from 1Q 2020). Net loss: CN¥52.9m (loss narrowed 19% from 1Q 2020). Tillkännagivande • May 26
Sunlands Technology Group Provides Revenue Guidance for the Second Quarter 2021 Sunlands Technology Group provided revenue guidance for the second quarter 2021. For the quarter, the company expects net revenues to be between RMB 600 million to RMB 620 million, which would represent an increase of 17.1% and 21.0% year-over-year.