Century Tianhong has released its Q3 2026 report, posting operating revenue of 350 million yuan for the first three quarters and net profit attributable to shareholders of 9.3562 million yuan. Revenue declined slightly amid deepening policy adjustments in the supplementary education materials sector. Thanks to its early positioning in the evaluated supplementary education materials business, the company's product selection rate remains a leader in the industry, achieving breakthroughs in both coverage breadth and cooperation depth. Profitability is under temporary pressure, primarily due to increased asset impairment provisions and greater strategic investment. Sales expenses have been channeled mainly toward emerging online retail channels such as content-driven e-commerce to build a closed operational loop, which is expected to complement traditional channels and optimize the business structure going forward. In parallel, the company views AI-powered education as its second growth curve, iteratively upgrading multiple AI teaching and research products that have earned industry recognition, enhancing its digital resource platform, and launching a trinity digital school-based comprehensive solution. Industry observers note that the rigid-demand nature of supplementary education materials underpins long-term market demand, and that as industry standardization deepens, resources will concentrate toward leading compliant enterprises; the current adjustment period represents a window for leading players to consolidate their competitive barriers. Century Tianhong stated that it will deepen its core supplementary education materials business, continue investing in new tracks such as AI education and content-driven e-commerce, iterate and optimize its business model, and leverage AI-empowered education services to drive business structure upgrading.