Zhonggong Education pointed out that the year-on-year decline in the third quarter of 2002/KLOC-0 was caused by many reasons. The most important influence is the change of provincial examination arrangement in 2020 and 20021year. In its reply, Zhonggong Education said that due to the epidemic, the joint entrance examination for civil servants in 2020 was postponed for nearly four months, and the written entrance examination for civil servants, which is usually scheduled for April every year, was postponed to July 25 and August 22.
The delay in the examination time has led to a corresponding delay of 3-4 months in the training cycle of the provincial examination, and the income that should have been recognized in the second quarter in previous years has accumulated to the third quarter. In addition, other recruitment examinations have also been postponed to a certain extent, which will greatly increase the income confirmed in the third quarter of 2020.
relevant information
202 1 The recruitment announcements of public institutions are relatively loose, and the number of recruits in a single announcement is small, resulting in a decrease of158,000 person-times in the examination training of public institutions recruited by Zhonggong Education in the third quarter compared with the same period in 2020; Moreover, the company charges lower fees for individual students, and the income reduction rate is higher than the reduction of training times.
Compared with other years, the examinations of state-owned enterprise recruitment and rural credit cooperatives have been postponed or cancelled, which has had a certain impact on the company's performance. The impact of the epidemic is also continuing. During the reporting period, nearly 20 provinces including Heilongjiang, Hebei, Anhui, Jiangsu and Fujian suspended classes to varying degrees, which affected the company's enrollment plan. According to the statistics of Chinese public education, the number of face-to-face lectures in the third quarter of 20021dropped by 72.84% in the same period.