Chapter 1308 The Future of Off-campus Training Institutions
"Hello, Mr. Zhou. I've heard of your name. It's well-known."
Looking at the young man in front of him, Bai Jianyang, who was wearing silver-rimmed glasses and had an elegant demeanor, felt a little emotional.
When he was the other person's age, he was still studying in school, but the other person was already the most dazzling new star in the domestic business world.
“It’s my pleasure.”
After a simple opening remark, led by the middleman Chen You, the atmosphere of the conversation among the three people was quite good.
"Brother Zhou, I heard from Lao Chen that you also opened a training institution?"
Soon, Bai Jianyang, who was familiar to everyone, started talking about the training institution run by the young wealthy man.
"Well, when I first entered university, I thought this field had a bright future, so I opened a Zhuangyuan Education Company."
Listening to the other party talking, Zhou Anan answered with a smile.
When he founded Zhuangyuan Education, he wanted to make some money to buy TX stocks. Now that it has grown, it is still the smallest industry under his control, no doubt about it.
Now the Zhuangyuan Education is still expanding. Zhou Anan is not doing it simply to make money, but to preserve the memories of his past life.
Even the eight-digit profit every year is not enough to keep the funds he holds in the stock market for a few days.
"In the past two years, capital has been pouring into the field of off-campus training. What do you think?"
When asking this question, Bai Jianyang stared at the other person behind his silver-rimmed glasses, waiting for his answer.
"For off-campus training, there is a market only when there is demand, but too much is as bad as too little."
After thinking for a few seconds, Zhou Anan gave a relatively pertinent answer.
Regardless of his past and present lives, the development path of his training institutions has always been steady and solid. Compared with the quick franchise route favored by some capitals, the money earned is many times less.
However, Zhou Anan has never been in the education industry for the sake of making quick money, and has no interest in chain franchising.
Money should be earned honestly. Working in the education industry just for the sake of making money goes against his original intention of entering this industry.
This is like being a handsome guy and pretending to be humble.
"Very insightful. My teacher and I talked about this topic a few days ago. We can't see it in second- and third-tier cities yet, but foreign capital in the four first-tier cities is pouring into the off-campus training industry at an accelerated pace. Several chain institutions with a market value of over 100 million yuan have already emerged. Off-campus training is certainly a supplement to school education, but once education is controlled by capital, it is not a situation that we in the Chinese education sector want to see."
When talking about issues related to his own profession, Bai Jianyang had a confident look on his face.
"Why don't you stop it now?"
Zhou Anan couldn't help but frowned as she didn't expect that this future education tycoon would view training institutions in this way.
He is well aware that the phenomenon of capital pouring into off-campus training institutions will intensify in the next few years, and may even give rise to many chain training institutions with a market value of over 10 billion yuan.
Education has been controlled by capital, like a wild horse that has broken free from its reins.
Now that the top leaders are aware of this, why not impose restrictions at this early stage?
"It's not the right time yet. Currently, all this capital is still within the controllable range, and the impact on traditional education is not that big. Development has its own rules. We can't just suppress it once there is a deviation. We have to look at the problem objectively."
Bai Jianyang did not directly answer the young rich man's question, but instead brought up a philosophical question.
“If capital really attacks the traditional education sector recklessly, the higher authorities will definitely intervene.”
Seeing this, Chen You smiled and added, "Besides, Xiao An, your Zhuangyuan Education is a direct-operated business, which is not the same as those chain-franchising training institutions that only care about making money."
“This is indeed possible.”
After being stunned for a moment, there was no expression of dissatisfaction on Chen You's face. Instead, he thought for a few seconds and gave a very likely answer.
Listening to the discussions of the two education leaders, Zhou Anan felt inexplicably lost.
Before his rebirth in his previous life, he had also seen some news about the overheated capital entering the education sector, but it had not yet reached the point where the country had to take strong action.
It seems that it is indeed difficult for the education industry to grow bigger and stronger.
Once capital is overheated and the authorities feel they can no longer control it, they will likely crush it with lightning speed.
"I think there won't be any problems in the short term. If capital wants to threaten the status of traditional education, it will take at least ten years of development. In addition, there is still a lot of room for development in the private school sector."
Seeing the dilemma of this young rich man, Chen You comforted him and then gave him a direction for development.
But he knew that the private schools owned by the other party were the real big players.
"I was thinking of investing the profits from the next few years into development, but it seems a little too optimistic."
After calming down, Zhou Anan talked about her original arrangements with a wry smile.
After all, he thought too simply and did not consider the disadvantages of the expansion of off-campus institutions from a global perspective.
However, it is not so bad now. The training centers in various cities and counties in Jiangxi Province are still in the initial stage, and the original strategy needs to be adjusted in time.
"Old Chen, how can you still be so naive? When the nest is overturned, how can the eggs remain intact? Is there a big difference between after-school training institutions and private schools? They are all the product of the reckless expansion of capital. Once the rectification begins, there will be no difference. It's just that the means are milder."
Regarding this debate involving principles, Bai Jianyang was not polite to his old classmate at all.
"According to what you said, if the capital exceeds the limit, it may face a one-size-fits-all approach. What about those small off-campus institutions and market demand? It will become a guerrilla war like a few years ago, which will be even more difficult to manage."
On this point, Chen You obviously disagreed with his old classmate's point of view.
Drinking tea, Bai Jianyang calmly expressed his thoughts.
At their level, discussing the direction of education development in the next few years is not just empty talk.
"We have a population of 1.3 billion in China, with hundreds of millions of primary and secondary school students. The middle school entrance exam and college entrance exam systems are still in place, so it is impossible to completely eliminate the phenomenon of after-school tutoring. Look at the educational development trend of the neighboring Southern Dynasty in recent years. If we suppress it by force, we will only repeat the same mistakes."
"The nature of the development of things is not static. If our generation does not explore it, will it be passed on to the next generation or the next generation?"
"You can explore, but you can't just kill them with one blow."
"It depends on whether we can guide capital to invest correctly in the education market. If we can't control it, we will have to resort to drastic measures to deal with the serious cases."
(End of this chapter)
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