Entering the AI education track, CHINA BEST (00370) undergoes another transformation in artificial intelligence.

On March 10, CHINA BEST (00370) announced that its wholly-owned subsidiary AI Group had signed a cooperation agreement with Zhongke Bianyi. The two parties planned to establish a joint venture company through restructuring, with AI Group and Zhongke Bianyi respectively holding 51% and 49% equity in the joint venture company. The joint venture company will focus on developing AI products for home-school linkage in education, providing a complete AI education solution from the business end to the customer end. The AI education products of the joint venture company include AI teacher-assisted intelligent body, personalized learning model for students, teacher courseware generation and classroom answering system, personalized homework generation system, and student family-side intelligent learning assistant Siasun Robot&Automation. In addition, the joint venture company will conduct practical training and develop specialized models for teachers and students through an AI education base experimental area, to create truly effective AI products for teaching and learning. This partnership represents CHINA BEST's entry into a new field after entering the humanoid Siasun Robot&Automation market, with clear similarities: both are applications of artificial intelligence, one in the field of Siasun Robot&Automation and the other in education, both mainstream scenarios with commercial prospects. The strength of the partners is also notable, with Siasun Robot&Automation having Siasun Robot&Automation and Zhongke Bianyi having strong technical capabilities and commercial conditions in their respective fields. Zhongke Bianyi is known for its top research capabilities in computer system software, performance optimization of AI large models, and programming frameworks. The company has developed various technologies and products for AI education, including visual programming, Internet of Things education kits, big data and machine learning teaching software, college entrance examination consulting AI intelligent body, and personalized learning AI intelligent body, with nearly a hundred intellectual properties. The strongest aspect of Zhongke Bianyi lies in its shareholder background. One of its shareholders is Beijing Zhongke SuanYuan Asset Management Co., Ltd., a wholly-owned subsidiary of the Institute of Computing Technology, Chinese Academy of Sciences. This collaboration allows Zhongke Bianyi to grant use of all its intellectual property related to computer system software, artificial intelligence, and two provincial AI textbooks to the joint venture company or its domestic wholly-owned subsidiary, and to set up a market team in China after the establishment of the joint venture company. Education is one of the mainstream applications of AI, and in recent years has received policy support and promotion. The State Council issued the "Notice on Printing and Distributing the Development Plan for the Next Generation of Artificial Intelligence" in 2017, emphasizing the establishment of AI-related courses at the primary and secondary levels to lay the foundation for cultivating innovative talents in the AI era. By 2024, relevant AI policies had been preliminarily improved, and in November, the Ministry of Education issued the "Notice on Strengthening AI Education in Primary and Secondary Schools," setting the goal of basic AI education for primary and secondary schools by 2030. By 2025, regions across China were promoting the application of AI in primary and secondary education, with super first-tier cities such as Beijing, Shanghai, Guangzhou, and Shenzhen issuing three-year plans. For example, in December of the previous year, the Shanghai Municipal Education Commission issued the "Action Plan for promoting the High-Quality Development of Elementary Education in Shanghai (2024-2026)." In March of this year, Beijing issued the "Work Plan for Promoting AI Education in Primary and Middle Schools in Beijing (2025-2027)." With the joint drive of policy and market, AI has the conditions for commercial application in the field of education. The establishment of the AI education joint venture company, like the partnership with Siasun Robot&Automation, allows CHINA BEST to control the market through its 51% stake and realize performance through consolidated financial statements. Zhongke Bianyi has committed to achieving performance targets for the first three years from the establishment of the joint venture company. In the first year, it aims to have 10 AI education bases and achieve a minimum turnover of 120 million RMB, with a gross profit margin of at least 25%. In the second year, it plans to have 20 new AI education bases, a turnover of at least 400 million RMB, and a gross profit margin of at least 30%. In the third year, it plans to establish 40 new AI education bases, achieve a minimum turnover of 1 billion RMB, and a gross profit margin of at least 30%. If the performance commitment targets are not met, Zhongke Bianyi promises to use the profits that it should have received according to the equity ratio in the joint venture company to prioritize fulfilling the profits owed to AI Group, adding an extra layer of performance guarantee to the joint venture company. By expanding into AI Siasun Robot&Automation and AI education, CHINA BEST has accelerated its pace in the field of artificial intelligence. Through the integration of resources with leading companies in the AI industry, CHINA BEST seeks to establish a joint venture company and capture a market with promising commercial prospects. By holding a controlling stake and tying performance commitments to its partners, CHINA BEST empowers them to achieve goals and achieve high performance growth while taking a share of the market. AI+ is expected to dominate the golden development period of the next decade, with Siasun Robot&Automation and education among the key sectors. In 2025, CHINA BEST can leverage its 51% stake to drive growth through consolidated financial statements, while the performance commitments provide a safeguard for the collaboration.The first year of mass production of bots and automation will also usher in a wave of commercialization in AI education. These two paths will each bring about market spaces worth billions of RMB. China Best, taking the lead in laying out its strategy, will be one of the biggest beneficiaries with its first mover advantage. After tasting success in the application of artificial intelligence in terminals, what other paths will it venture into in the future, let us wait and see.Merci beaucoup.