诺亚舟自2011年6月宣布一亿人民币出售ELP业务以来，历经一年多发展组合，目前已经呈现较为清晰的以幼儿园业务为主、中小学业务为辅的产业布局。

Noah since June 2011 announced one hundred million yuan sell ELP since the business,After more than a year development combination,At present there has been a clear to kindergarten business primarily/Middle and primary school of business, supplemented by industrial layout.

自营幼儿园44家 Q2将新增四家 Self-supporting kindergarten 44 Q2 will add four

　　诺亚舟一季度是业务淡季，由于暑期原因7月份渊博教育产生了整整一个月的费用，从而影响毛利率。

Noah quarter is a business off-season,Due to the reason of the summer in July great education produced a whole months of expenses,Thus affecting gross profit margin.

　　由于转型后并购影响，诺亚舟利润波动较为显著，许东表示诺亚舟将专注于发展幼儿园，作为终生教育的重要切入点，因此这些收购是企业在教育服务领域加速扩张的关键因素。

Because after transformation of merger and acquisition of influence,Noah profit fluctuation is significant,XuDong said Noah will focus on the development of kindergarten,As a lifelong education is an important point of,So the takeover is the enterprise in the field of education service accelerated expansion of key factors.

　　截止9月30日，包括笑笑和代代康幼儿园，诺亚舟拥有直营幼儿园共44家，其中10家处于发展阶段。公司计划在二季度新增4家幼儿园，并期望新增的四家能够在三季度带来营收。

By September 30,,Including smile and passed down from generation kang kindergarten,Noah have retail kindergarten 44 home,The 10 in the stage of development.In the second quarter, the company plans to add four kindergarten,And expect the new four can bring in the third quarter revenue.

　　根据诺亚舟电话会议披露，新进收购幼儿园将会整合到渊博运营，其中4所代代康幼儿园，位于浙江省桐乡市和嘉兴市，总注册学生1350人，入读率为84%；6所笑笑幼儿园和一所儿童艺术培训中心，位于浙江省，总注册学生1500人，入读率为78%。

According to Noah conference call disclosure,New acquisition kindergarten will be integrated into the great operation,Among them 4 from generation kang kindergarten,Is located in tongxiang city zhejiang province and jiaxing,Total registered student 1350 people,Into the reading rate was 84%;6 smile kindergarten and a children's art training center,Is located in zhejiang province,Total registered student 1500 people,Into the reading rate was 78%.

关闭两家补习中心 中小学业务强劲增长 Closed two supplementary center business strong growth in primary and secondary schools

　　比较几个业务营收情况，幼儿园业务收入同比增长3.2％。中小学业务本季度呈现强劲的增长，同比增长超过56%，诺亚舟拥有5个小学和1和中学。其中有一个是在2012财年Q1开业的，目前仍处于加速发展期，入学率从去年同期的18%增加到38%。

Compare several business revenue situation,Kindergarten business income increased by 3.2% as compared.Primary and secondary school business on a strong growth this quarter,Year-on-year growth of more than 56%,Noah have five elementary school and 1 and middle school.One is in fiscal 2012 opened the 25th,Still in accelerated development stage,Enrollment rate of 18% from the same period last year increased to 38%.

　　诺亚舟还拥有并运营11家补习培训中心。本季度公司关闭了2家不盈利的培训中心，公司将努力增加现有中心运营效率。

Noah also has and operation 11 supplementary training center.This quarter the company closed two not profitable training center,The company will strive to increase the existing center operation efficiency.

　　学生人数合共约17,800，同比增加了约5％。比较后不难发现，幼儿园在读9100名学生中应尚未包含代代康和笑笑部分；虽然关闭了两家补习中心，但是学员数量并未减少；得益于学校入学率提升，本季度学校学员环比增加900人。

Total number of students about 17,800,About 5% year-on-year increase.Is it is not hard to find,Kindergarten reading 9100 students should not contain from generation kang and smile part;Although closed two supplementary center,But did not reduce the number of students;Benefited from the school enrollment rate ascension,This quarter school students link an increase of 900.

　　截至9月30日，诺亚舟现金和现金等价物共计5.19亿人民币，学费和特许经营递延收入5160万人民币；截至6月30日现金总计为5.22亿人民币，递延收入为2870万人民币。

By September 30,,Noah cash and cash equivalents total of 519 million RMB,Tuition and franchise deferred income is 51.6 million RMB;As of June 30 cash amount to 522 million yuan,Deferred income of 28.7 million yuan.