Lixiang Education Reports H1 2025 Net Revenues of RMB15.4 Million, Cost of Revenues Rises to RMB20.4 Million

Reuters
2025/10/16
<a href="https://laohu8.com/S/LXEH">Lixiang Education</a> Reports H1 2025 Net Revenues of RMB15.4 Million, Cost of Revenues Rises to RMB20.4 Million

Lixiang Education Holding Co Ltd. reported net revenues of RMB15.4 million (US$2.1 million) for the six months ended June 30, 2025, compared to RMB15.3 million for the same period in 2024. Tuition and accommodation income from vocational education was RMB6.5 million, down 19.6% from RMB8.1 million a year earlier, mainly due to 609 graduates exceeding 189 new student enrolments at Langfang School. High school education revenue from Lishui International School rose 64.5% to RMB2.5 million from RMB1.5 million, attributed to the addition of a second-year class. Sales of meal, uniforms, and learning materials stood at RMB0.3 million, compared with RMB1.0 million in the first half of 2024, reflecting a decrease in student numbers at Langfang School from 1,217 to 930. Healthcare support services, launched by Hebei Chuangxiang, contributed RMB1.9 million in revenue during the period. Other revenue totaled RMB4.2 million, including RMB2.6 million from course design, development, and training, RMB1.1 million from comprehensive service for flexible employment, RMB0.3 million in rental income from third parties, and RMB0.2 million from a related party. As of June 30, 2025, total cash was RMB221.4 million (US$30.9 million), up from RMB220.7 million as of December 31, 2024. In a contingency matter, Lishui Mengxiang received a final arbitration award on April 3, 2025, for a contract amount of RMB72.41 million and liquidated damages of RMB20 million, though the amount had not yet been received as of the report date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lixiang Education Holding Co Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-099337), on October 16, 2025, and is solely responsible for the information contained therein.

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