My 1999
Chapter 489 New Dream Report
With that said, Teng Huaming handed over a thick stack of documents.
Xu Liang took it and took a look. Sure enough, it was the 2003 interim report of New Dream.
Compared with last year, in half a year, New Dream's business has developed greatly.
The number of art education students in the New Dream College Entrance Examination has reached a new high, increasing from 21,072 at the end of 2002 to 25,147 now.
Net revenue in the first half of the year was 213 million Chinese dollars, a year-on-year increase of 31%.
After deducting all expenses, the total profit of New Dream College Entrance Examination Art Education in the first half of the year was about 57 million.
A year-on-year increase of 35%.
At the same time, the number of art students in Huaxia this year exceeded 300,000.
However, there has been no increase in the number of New Dream College Entrance Examination art training bases in the past six months, and there are still 48.
Xu Liang understands Teng Huaming’s style.
Under his leadership, New Dream will examine the number of art students in a city in advance. If the number of applicants reaches the minimum number required to establish a branch school, then he will agree to establish a branch school.
If you can't achieve it, give up temporarily.
It was clear that no city was satisfied in the first half.
Xu Liang didn't say much about this. He was engaged in art training in his previous life and knew the inside story of this industry very well.
In the case of limited overall growth of art students, it is impossible for new dreams to grow by leaps and bounds.
In fact, the real large-scale development of New Dream is in early childhood art education and subject education.
In half a year, with abundant financial support, New Dream's branches have grown from 177 last year to 287 now.
In particular, subject education has developed the fastest. New Dream has invested heavily in poaching, rehiring retired teachers, and cultivating its own three channels, which has led to rapid expansion.
Early childhood art education also passed through the initial difficult period.
Many art students who did not enter college became teachers of children's art and music under the cultivation of new dreams.
Although their level is not very high, with the help of mature teaching materials, it is enough to enlighten children.
Those students who really want to make progress in the field of art will of course have professional teachers recruited by New Dream.
This combination of low and high has solved the dilemma of New Dream’s shortage of teachers and allowed New Dream’s branches to develop rapidly.
In just six months, more than 80 stores were added.
As for revenue, it is naturally getting higher and higher.
Among them, the net revenue of subject education is 534 million Chinese dollars, and the net revenue of kindergarten art training is 326 million Chinese dollars.
The two add up to 860 million Chinese coins.
The profit is huge, about 213 million Huaxia coins.
Finally, there is vocational education.
With the explosive development of the domestic Internet market and game market, the gap for ordinary programming talents and game design talents is getting bigger and bigger.
Relying on the big tree of Hongmeng, it can keep up with the market demand and adjust the training plan in a timely manner. It has quickly become the third IT training institution in China after Peking University Jade Bird and Dane.
In the field of game design training, it is unparalleled.
In half a year, New Dream’s vocational training center has expanded from four first-tier cities to twelve cities, covering six majors including games, comics, programming, interior design, advertising design, and animation design, and eighty-three training courses.
The number of trained personnel exceeded 1,400.
All training directions are basically popular employment directions in the current market.
Through high-intensity training, as long as you are not too stupid, you will basically be able to do basic work in a year.
The next step is to rely on personal understanding.
The rapid development of the vocational training market has gradually become another growth point for New Dream’s revenue.
After half a year, the net revenue of New Dream Vocational Training was 6.3 million Chinese dollars, nearly double that before the end of the year.
Net profit was 1.58 million Chinese coins.
In addition, additional profit-making projects such as buying and selling student works and making money from concerts that Xu Liang and Teng Huaming planned before have already begun.
It's just not much, the two combined are only about one million.
Not much is not enough, but it is also a new profit growth point.
Taken together, New Dream's net revenue in mid-2003 reached 1.081 billion Chinese dollars and net profit was 298.3 million Chinese dollars.
In addition, there are 330 million Huaxia dollars in cash and short-term bonds on the books, as well as a training base in each of the 91st and 2nd tier cities such as Beijing, Magic City, Pengcheng, Yangcheng and Wuchang, with a total of 660,000 square meters of commercial real estate.
Its total value is 2.05 billion Chinese coins.
Among them, the debt is 1.22 billion Chinese yuan.
There is also a new dream goodwill valuation of 500 million Huaxia coins.
Based on a valuation of thirty times net profit, the total value of New Dream is 13.1 billion Chinese dollars.
Approximately US$1.6 billion.
In half a year, New Dream has grown by 24% on the original basis. Such growth is already very good given the current huge size.
“Because of your relationship, many parents will give us priority when looking for training institutions. Thanks to this, our New Dream has the largest growth in May and June, exceeding 100% year-on-year.
The number of applicants for this summer vacation also far exceeded last year. "Teng Huaming smiled.
"It seems that my name is of some use."
After reading it, Xu Liang put the document on the table.
"Although you are not in the company most of the time, you have always been our spiritual leader."
After saying this, Teng Huaming took out some more documents.
"Mr. Xu, this is the company's planning plan for the training centers in Chengdu and Quancheng."
Xu Liang glanced at it and pushed the document back with a smile.
"Lao Teng, I can rest assured that you will do your best. I will not read this plan."
Education is too sensitive and difficult to develop.
Moreover, his energy is limited, and only Hongmeng, Hanhua, Jianlibao and Hongyan are enough to keep him busy.
As for New Dream, as long as there is no big trouble, he will not interfere with Teng Huaming's management.
Moreover, now he has transferred most of the New Dream shares to Red Rock Fund, leaving only a symbolic 1% for himself.
Hearing this, Teng Huaming felt relieved.
After more than a year, he has become accustomed to having great power and does not want another big boss to appear on his head.
Therefore, these materials are also a test for him.
Now that the tacit understanding between the two is still there, he is relieved.
Xu Liang stood up and said, "You go ahead and do your work. I haven't been here for a long time and I was just looking around."
"Some new facilities have been added here recently. Would you like me to arrange for someone to show you the way?"
"No need. It won't be interesting if it's too deliberate."
After saying this, Xu Liang turned around and walked outside.
Watching him leave, Teng Huaming didn't say anything more.
The two of them had a tacit understanding and were very satisfied with each other.
That's fine.
After leaving the office, Xu Liang walked directly towards the student classroom.
The art education of New Dream, especially the art education of high school students, is divided into three categories.
Basic class, general class and art school class.
The basic class is aimed at students with zero foundation. It mainly focuses on geometric sketches, skulls and single still life sketches. It mainly trains students to master lines, basic perspective ability, and basic shaping ability.
Depending on individual talents, the training time ranges from half a year to one year.
After passing the basic class assessment, you will enter the regular class.
The main content studied in ordinary classes is the content of the Art College Entrance Examination.
Figure sketches, multiple groups of still life sketches, gouache paintings and sketches.
Individuals with outstanding talents in the ordinary classes will be promoted to the Academy of Fine Arts classes.
The learning difficulty of the Academy of Fine Arts classes is directly comparable to that of freshmen and sophomores from the eight major art academies, including full-length portraits, half-length sketches and colors, more complex still life sketches and colors, etc.
Generally speaking, most of the teachers in basic classes are graduates of oil painting, printmaking, and fine arts from ordinary art academies, or part-time freshmen and sophomore students from CAFA and Qingmei.
The teachers in the regular class are basically graduates of oil painting and printmaking majors from the eight major art academies, and there are also part-time students who are juniors and seniors at CAFA and Tsinghua University.
The Academy of Fine Arts classes go directly to the professor level of the Academy of Fine Arts.
It can be said that the teaching level of New Dream's art academy classes is no worse than the teaching level of oil painting, printmaking, sculpture and other majors in the eight major art academies, or even better.
This also results in that every year, almost everyone in the New Dream Academy of Art class can get a place in the eight major art academies without professional examinations.
More than 90% of people enter the eight major art academies every year.
The remaining 10% are those who failed in cultural classes or did not go to Central America.
The famous Academy of Fine Arts class has created New Dream’s dominance in the field of high school art training.
Although there were many imitators later on, they could not match the foundation laid by New Dream over the years and were always difficult to surpass.
Xu Liang came to Class 12 of the regular class.
Looking inside through the back door window.
Although it was filled with easels and the walls were covered with various sketch assignments, Xu Liang's eyes automatically ignored everything and focused on the tall girl.
She was wearing a light blue floral short-sleeved T-shirt, and the white hollows on the neckline added a bit of unique charm.
Navy blue slim-fitting jeans not only make your legs look longer and straighter, but also make your plump buttocks look more upright.
The white and delicate feet seem to exude a faint fluorescence, making people want to play with them.
Wearing a pair of semi-high-heeled strappy sandals on her slim and well-fitted feet.
With her fresh attire and cascading shawl-like hair, just a glance from her back can make people think of her.
Just at this moment, the beauty turned around.
In an instant, it seemed as if the entire studio was lit up.
As the saying goes: It is rare to see a lotus face near the pond. It is difficult to round the waist of a willow in the mirror. I want to ask where Chan Juan is going. Chang'e descends into the sky in the middle of the night.
Xu Liang originally thought that Jiang Xiaoyang and An Kaiyue were both powerful, but they both lost half the battle in front of Mo Manniang.
Even in two lifetimes combined, she was the most beautiful woman she had ever seen.
In order not to offend the beauty, Xu Liang has never picked this delicate flower in the two years since they met her, and has been patiently cultivating the relationship. Even when I am abroad, there are constant calls and gifts.
And to avoid others getting there first, Xu Liang also arranged two bodyguards around her.
Of course, he only guarded secretly and did not appear in front of the other party.
After two years, he had gotten to know Mo Maniang well enough, so he was not prepared to wait any longer.
Too late and things will change.
It's better to take action when it's time to take action.
Xu Liang just stood at the back door, quietly watching the other person's class.
It wasn't until the bell rang that I turned around and left.
He already knew Mo Manniang's course schedule clearly, so he was in no hurry to disturb her.
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