Today (April 26), the online education technology enterprise “Fengbian technology” announced the completion of tens of millions of RMB B + round financing, which was invested by BOC Yuecai. The reporter noted that wind power technology is a platform that mainly provides technical solutions for vocational education and helps students better absorb knowledge in new forms of interaction.
Since the implementation of the “double reduction” policy last year, the tide of K12 discipline training has ebbed. With favorable policies and changes in supply and demand, vocational education has sprung up, becoming the most promising education segment track by capital, and relevant enterprises have ushered in a financing climax.
policy is favorable, and vocational education has sprung up
According to public data, wind change technology, established in 2015, is an enterprise providing technical solutions for adult education. Up to now, it has launched online learning products such as panda academy, panda lessons, wind change programming, IDP personal development plan, python intelligent trading, wind change MTP management course and so on.
In recent years, the vocational education industry has developed rapidly, which is closely related to the promotion of policies. Since 2017, relevant ministries and commissions have frequently issued documents on the gap of vocational skilled talents and the gap of new vocational talents, emphasized the importance of vocational education, and issued relevant policies to solve the problem of structural employment.
In May 2018, the opinions on the implementation of lifelong vocational skill training system was issued, emphasizing that vocational skill training is the fundamental measure to comprehensively improve the employment and entrepreneurship ability of workers, solve structural employment contradictions and improve the quality of employment. It is the internal requirements of adapting to high-quality economic development, cultivating new drivers of economic development and promoting supply side structural reform. It is important to promote mass entrepreneurship and innovation, promote the construction of manufacturing power It is of great significance to improve total factor productivity and promote the economy to the middle and high end.
The national vocational education reform implementation plan issued in February 2019 points out that as China enters a new stage of development, industrial upgrading and economic structure adjustment are accelerating, the demand for technical and skilled talents in all walks of life is becoming more and more urgent, and the important position and role of vocational education are becoming more and more prominent.
According to Xinhua news agency, the newly revised vocational education law passed on April 20 this year will go into effect on May 1, 2022. This is the first major overhaul of the law since its promulgation and implementation in 1996.
The content of the newly revised vocational education law is improved from 40 articles in five chapters to 69 articles in eight chapters, including clarifying that vocational education is an education type with the same important status as general education, clarifying that the State encourages the development of vocational education at various levels and forms, strive to improve the recognition of vocational education, establish and improve the vocational education system, deepen the integration of industry and education, school enterprise cooperation, and improve the guarantee system and measures of vocational education.
market demand growth is optimistic, and related enterprises frequently get financing
Under the favorable policies, the user group of vocational education is also expanding. According to the data of Tencent 2022 new vocational education insight white paper, the total number of students in China’s overall vocational education industry is about 300 million, and the market demand growth is optimistic. About 400 million students have signed up for learning plans in the next year, and 77% of the existing students are willing to renew / expand their courses in the future; Young people are the main force of the market, while the learning needs of middle-aged and elderly people are also rising.
In fact, the “double reduction” policy fell behind last year, and many K12 giants immediately adjusted their main business to Vocational Education: for example, gaotu group publicly said that it would comprehensively transform adult and vocational education and training. At present, there are a large number of vocational courses such as taxation, public examination, postgraduate entrance examination, studying abroad and language, and the population of vocational education students has expanded to all ages; Tal also released the light boat brand in July last year and announced its entry into the field of adult vocational education. Wang Lei, the project leader, said that tal will focus on three business segments: language training, postgraduate entrance examination and studying abroad.
According to the 2022 report on China’s Vocational Education Industry issued by Duojing Education Research Institute, 61 financing transactions occurred in the primary market of Vocational Education in 2021, with a total amount of more than 7.8 billion yuan. The proportion of investment and financing in the whole education industry reached a new high in recent five years. The reporter noted that since the beginning of 2022, a number of vocational education companies such as geek state technology and Kaihuan intelligent education have announced a new round of financing.
Source: public data of qingketong
