On September 5th, YQ. US Education Technology announced its Q2 2024 financial report. According to the financial report, as of June 30, 2024, the core education and teaching SaaS business of Education Technology has made significant progress in the second quarter, with revenue increasing by 165% month on month and 18% year-on-year in the first half of the year.
During the reporting period, Yike Education Technology was able to expand in potential markets, and the successful signing of major regional projects continued to generate revenue for the company. In the second quarter, the main regional education and teaching SaaS business of Education Technology continued to develop.
In the past two years, with the continuous promotion of digital education applications, teachers and students in schools have a deeper understanding of the empowerment of teaching and educating with smart paper and pens. The use of smart paper and pens in daily learning and teaching has gradually become normalized. The application of the "one teaching, one learning" platform and the normalization of data collection using smart pen and paper has shown certain effectiveness in assisting education and teaching. As a deep cultivator in the field of dot matrix pen technology applications, Together Education Technology actively organizes industry enterprises, takes the lead in formulating domestic dot matrix pen group standards, promotes the development of industry technical standards, greatly enhances the user experience of smart paper pens, and helps promote the high-quality development of the digital education industry.
In the future, Together Education Technology will further strengthen the core competitiveness of its products, continue to focus on improving education and teaching SaaS products and services, continuously meet users' personalized and high-quality learning needs with high-quality digital teaching solutions, and help cultivate outstanding talents for the era of artificial intelligence.