Ewan Zhang's questions to TAL Education Group (TAL) leadership • Q3 2025
Question
Ewan Zhang of China Renaissance asked for an update on TAL's long-term investment strategy, specifically where capital is being allocated and whether there have been notable changes in returns on these investments.
Answer
Executive Zhuangzhuang Peng explained that TAL is deepening its investment in early-stage areas like online offerings and smart learning devices to enhance user experience and expand its customer base. He outlined key investment priorities: 1) Technology and content, particularly AI and large language models; 2) Establishing robust online and offline customer communication channels; and 3) Strengthening the organization by nurturing internal talent and recruiting externally.