Sunlands Online Education Group

Sunlands Technology Group operates as a holding which provides on line post-secondary and professional education. The firm offers various degree-and diploma-oriented post-secondary courses through online platforms. It also provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The company was founded by Peng Ou in August 2003 and is headquartered in Beijing, China.

Earnings data Q1 2021

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Sunlands Online Education Group reports robust Q1 performance and growth opportunities

Sunlands Online Education Group demonstrated strong financial performance and operational resilience in Q1 2024, driven by revenue growth and enrollment expansion.
While facing challenges in certain financial metrics, the company's strategic focus on innovation and student-centric initiatives presents opportunities for sustained growth and market leadership.
With a solid financial foundation and a commitment to enhancing its offerings, Sunlands Online Education Group is well-positioned to navigate market dynamics and capitalize on the increasing demand for online education.

Sunlands reports resilient Q2 earnings, eyes growth in education sectors

Sunlands Online Education Group demonstrated financial resilience and profitability in Q2 2024 despite a slight decline in net revenues.
The company's strategic focus on brand enhancement, product quality, and operational efficiency positions it well for future growth.
Opportunities in interest-based education, AI integration, and new ventures offer avenues for revenue growth and market expansion.

Sunlands reports mixed Q3 results, focuses on innovation and growth

Sunlands Online Education Group reported mixed financial performance in Q3 2024, with revenue decline but increased net profit, driven by steady enrollments and key course programs.
The company's focus on brand strength, user experience, and innovation positions it well for future growth despite challenges in net revenues and market competition.
Strategic adjustments and a proactive approach to market trends can help Sunlands navigate challenges and capitalize on opportunities in the evolving online education landscape.
Overall, Sunlands' commitment to quality education and market responsiveness underscores its potential for sustained growth and resilience in a dynamic industry.

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Sunlands Technology Group operates as a holding company, which engages in online post-secondary and professional education. It offers various degree-and diploma-oriented post-secondary courses through online platforms. It also provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The company was founded by Peng Ou in August 2003 and is headquartered in Beijing, China.

Sunlands Technology Group (STG) Q3 2024 Earnings Call Transcript

BEIJING, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the third quarter ended September 30, 2024.

Sunlands Technology Group Announces Unaudited Third Quarter 2024 Financial Results

BEIJING, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its third quarter 2024 unaudited financial results on Friday, November 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 5:30 a.m.

Sunlands Technology Group to Report Third Quarter 2024 Financial Results on Friday, November 22, 2024

BEIJING, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 7th Floor Building 6, Chaolai Science Park, No. 36 Chuangyuan Road, Chaoyang District, Beijing, the People's Republic of China on December 10, 2024 at 3:00 pm (Beijing time), and also virtually via telephone at + (10) 5808 - 4288. No proposal will be submitted to shareholders for approval and no resolutions will be considered, voted upon, passed or adopted at the AGM. Instead, the AGM will serve as an open forum for shareholders and holders of the American depositary shares ("ADSs") to discuss Company affairs with management.

Sunlands Technology Group to Hold Annual General Meeting on December 10, 2024

Sunlands Technology Group (STG) Q2 2024 Earnings Call Transcript

BEIJING, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the second quarter ended June 30, 2024.

Sunlands Technology Group Announces Unaudited Second Quarter 2024 Financial Results

BEIJING, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its second quarter 2024 unaudited financial results on Friday, August 16, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m.

Sunlands Technology Group to Report Second Quarter 2024 Financial Results on Friday, August 16, 2024

BEIJING, May 31, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China's adult online education market and China's adult personal interest learning market, today 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.

Sunlands Technology Group Announces Change to Board and Audit Committee Composition

Sunlands Technology Group (NYSE:STG ) Q1 2024 Earnings Conference Call May 24, 2024 7:00 AM ET Company Participants Yuhua Ye - IR Tongbo Liu - CEO Hangyu Li - Financial Director Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to Sunlands First Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.

Sunlands Technology Group (STG) Q1 2024 Earnings Call Transcript

BEIJING, May 24, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the first quarter ended March 31, 2024.

Sunlands Technology Group Announces Unaudited First Quarter 2024 Financial Results

BEIJING, May 13, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its first quarter 2024 unaudited financial results on Friday, May 24, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m.

Sunlands Technology Group to Report First Quarter 2024 Financial Results on Friday, May 24, 2024

BEIJING, April 25, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 25, 2024, U.S. Eastern Time.

Sunlands Technology Group Files its Annual Report on Form 20-F

Sunlands Technology Group (STG) Q4 2023 Earnings Call Transcript

BEIJING, March 22, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Sunlands Technology Group Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results

BEIJING, March 06, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced that it will report its fourth quarter and full year 2023 unaudited financial results on Friday, March 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m.

Sunlands Technology Group to Report Fourth Quarter and Full Year 2023 Financial Results on Friday, March 22, 2024

Sunlands Technology Group (NYSE:STG ) Q3 2023 Earnings Conference Call November 22, 2023 6:30 AM ET Company Participants Yuhua Ye - Investor Relations Tongbo Liu - Chief Executive Officer Hangyu Li - Financial Controller Operator Ladies and gentlemen, thank you for standing by, and welcome to Sunlands' Third Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode.

Sunlands Technology Group (STG) Q3 2023 Earnings Call Transcript

BEIJING, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Sunlands Technology Group Announces Unaudited Third Quarter 2023 Financial Results

BEIJING, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced that it will report its third quarter 2023 unaudited financial results on Wednesday, November 22, 2023, before the open of U.S. markets. Sunlands' management team will host a conference call at 6:30 a.m.

Sunlands Technology Group to Report Third Quarter 2023 Financial Results on Wednesday November 22, 2023

BEIJING, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 7th Floor Building 6, Chaolai Science Park, No. 36 Chuangyuan Road, Chaoyang District, Beijing, the People's Republic of China on December 8, 2023 at 3:00 pm (Beijing time), and also virtually via telephone at + (10) 5808 - 4288. No proposal will be submitted to shareholders for approval and no resolutions will be considered, voted upon, passed or adopted at the AGM. Instead, the AGM will serve as an open forum for shareholders and holders of the American depositary shares ("ADSs") to discuss Company affairs with management.

Sunlands Technology Group to Hold Annual General Meeting on December 8, 2023

Sunlands Technology Group (NYSE:STG ) Q2 2023 Earnings Call Transcript August 16, 2023 3:30 AM ET Company Participants Yuhua Ye - Investor Relations Tongbo Liu - Chief Executive Officer Hangyu Li - Financial Controller Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to Sunlands Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Sunlands Technology Group (STG) Q2 2023 Earnings Call Transcript

Q2 net revenues decreased by 5.2% year-over-yearQ2 gross billings (non-GAAP) decreased by 4.2% year-over-yearQ2 net income reached RMB173.9 million

Sunlands Technology Group Announces Unaudited Second Quarter 2023 Financial Results

BEIJING, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced that it will report its second quarter 2023 unaudited financial results on Friday, August 18, 2023, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:30 a.m.

Sunlands Technology Group to Report Second Quarter 2023 Financial Results on Friday August 18, 2023

Sunlands Technology Group (NYSE:STG ) Q1 2023 Earnings Conference Call May 25, 2023 7:00 AM ET Company Participants Yuhua Ye - Investor Relations Tongbo Liu - Chief Executive Officer Hangyu Li - Financial Controller Conference Call Participants Operator Ladies and gentlemen, thank you for standing by and welcome to the Sunlands First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Sunlands Technology Group (STG) Q1 2023 Earnings Call Transcript

Q1 net revenues decreased by 7.6% year-over-yearQ1 gross billings (non-GAAP) decreased by 11.7% year-over-yearQ1 net income reached RMB180.1 million

Sunlands Technology Group Announces Unaudited First Quarter 2023 Financial Results

BEIJING, May 16, 2023 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced Ms. Selena Lu Lv has tendered her resignation from the position as the Company's director, chief financial officer and chief strategy officer for personal reasons, effective on May 16, 2023.

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