Group 1 - The stock price of Angli Education dropped by 5.01% to 10.04 CNY per share, with a trading volume of 38.94 million CNY and a turnover rate of 1.33%, resulting in a total market capitalization of 2.877 billion CNY [1] - Angli Education, established on August 4, 1983, and listed on June 14, 1993, primarily engages in educational training services, with 98.78% of its revenue coming from education and services, and 1.22% from product manufacturing [1] Group 2 - According to data, a fund under Zheshang Securities Asset Management holds a significant position in Angli Education, with the Zheshang Huijin New Consumption Fund (009527) owning 72,500 shares, accounting for 3.4% of the fund's net value, making it the fifth-largest holding [2] - The Zheshang Huijin New Consumption Fund was established on May 29, 2020, with a current size of 22.7384 million CNY, achieving a year-to-date return of 18.04% and a one-year return of 53.95% [2]

Group 1 - The core point of the news is that Angli Education's stock price has dropped by 5.01%, currently trading at 10.04 CNY per share, with a total market capitalization of 2.877 billion CNY [1] - Angli Education, established on August 4, 1983, and listed on June 14, 1993, primarily engages in educational training, with 98.78% of its revenue coming from education and services, and 1.22% from product manufacturing [1] Group 2 - According to data, Guohai Franklin Fund holds a significant position in Angli Education, with the Guofu Growth Power Mixed Fund (450007) owning 89,800 shares, representing 3.05% of the fund's net value, making it the fourth-largest holding [2] - The Guofu Growth Power Mixed Fund has a total scale of 31.3187 million CNY and has achieved a year-to-date return of 18.29%, ranking 4589 out of 8172 in its category [2] - The fund has a one-year return of 50.02%, ranking 3244 out of 7995, and a cumulative return since inception of 100.28% [2]

Market Overview - The education sector experienced a decline of 1.29% on September 22, with Dou Shen Education leading the drop [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Stock Performance - Dou Shen Education (300010) closed at 7.70, down 3.39% with a trading volume of 599,500 shares and a turnover of 463 million yuan [2] - Other notable declines include: - China High-Tech (600730) down 2.92% to 10.32 [2] - Quanta Education (300359) down 2.55% to 5.73 [2] - Zhonggong Education (002607) down 2.33% to 2.94 [2] - Conversely, some stocks showed positive performance, such as: - Chuangye Bama (300688) up 2.60% to 32.77 [1] Capital Flow Analysis - The education sector saw a net outflow of 163 million yuan from institutional investors, while retail investors had a net inflow of 131 million yuan [2] - The overall capital flow indicates a mixed sentiment, with retail investors showing some confidence despite the sector's decline [2] Detailed Capital Flow for Selected Stocks - Kevin Education (002659) had a net inflow of 19.93 million yuan from institutional investors, but a net outflow of 18.97 million yuan from retail investors [3] - Other stocks like Kede Education (300192) and Chuangye Bama (300688) also experienced varied capital flows, indicating differing investor sentiments across the sector [3]

Core Viewpoint - The company, Angli Education, is selling its wholly-owned subsidiary Kensington Park School Limited (KPS) for £80,000 (approximately 760,100 RMB), which is expected to generate an investment gain of about 20 million RMB despite KPS having negative net assets in the past two years [2][3]. Group 1: Company Financials - As of September 19, 2025, Angli Education's stock closed at 10.81 RMB, up 0.84% from the previous week [1]. - The total market capitalization of Angli Education is 3.098 billion RMB, ranking 13th out of 16 in the education sector and 4415th out of 5153 in the A-share market [1]. - KPS reported negative net assets of -28.6353 million RMB and -19.8343 million RMB in the last two years, with a net profit of -9.9898 million RMB for the year 2024 [2][3]. Group 2: Transaction Details - The sale of KPS does not constitute a related party transaction or a major asset restructuring, and it does not require shareholder approval [2]. - The assessment report values the total equity of KPS at £50,000 (approximately 480,000 RMB) [2]. - The company will not provide guarantees, entrust financial management, or occupy funds related to KPS after the transaction [2]. Group 3: Strategic Initiatives - Angli Education plans to advance AI+ education to reduce customer acquisition costs [3]. - The revenue from vocational education business accounted for 6.37% of total revenue in 2024 [3].

Summary of Key Points Core Viewpoint - The company participated in the 2025 Shanghai Listed Companies Collective Reception Day and Mid-Year Performance Briefing, where it engaged with investors regarding its operational results, financial status, and development strategies. Group 1: Company Performance and Strategy - The company reported that its vocational education business accounted for 6.37% of revenue in 2024, focusing on "managed + consulting planning + implementation services" and "integration of industry and education" [2] - The company aims to enhance product quality and teaching standards to improve brand influence and reduce customer acquisition costs [2] - The company has initiated stock buybacks since 2024 to maintain company value and shareholder rights, with future plans for the repurchased shares based on the buyback report [3] Group 2: Financial Health and Management - The company is addressing its low net profit margin by improving product quality, enhancing talent development, and optimizing management efficiency [4][5] - The company plans to strengthen its four major business segments: quality education, vocational and basic education, international education, and adult education, to increase operational profits and improve net assets [5] - The company acknowledged a high asset-liability ratio exceeding 90% due to its business model of charging fees before training, which results in high contract liabilities [7] Group 3: Market Position and Competitive Advantage - The company's core competitive advantages include a strong brand image, diverse educational resources, centralized operational management, and continuous innovation capabilities [6] - The company is exploring adult education opportunities, particularly targeting the elderly demographic and enhancing skills for university students and working professionals [8]

Core Viewpoint - The core competitiveness of Angli Education is highlighted during the event, emphasizing its strong brand image, diverse educational resources, and innovative capabilities [1] Summary by Relevant Categories Core Competitiveness - The company’s core competitiveness is primarily reflected in its strong brand image and reputation [1] - It possesses a rich array of educational resources and product categories [1] - The company has a well-coordinated operational management system through its teaching centers [1] - Continuous iteration, upgrading, and innovation capabilities are key strengths [1] - The company demonstrates agility in response to changes and resilience against risks [1]

证券代码：600661 证券简称：昂立教育 编号：临 2025-033 暨中报业绩说明会召开情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 上海新南洋昂立教育科技股份有限公司（以下简称"公司"）于 2025 年 9 月 19 日 15:00-17:00 参加由中国证券监督管理委员会上海监管局指导、上海上市公司协会 及深圳市全景网络有限公司联合举办的"2025 年上海辖区上市公司集体接待日暨中 报业绩说明会活动"，现将本次业绩说明会召开情况公告如下： 一、本次说明会召开情况 2025 年 9 月 12 日，公司在《上海证券报》、《中国证券报》、《证券时报》和上海 证券交易所网站（http://www.sse.com.cn）上披露《关于参加 2025 年上海辖区上市公 司集体接待日暨中报业绩说明会的公告》（公告编号：临 2025-030）。公司董事长兼总 裁周传有先生、独立董事金宇超先生、联席总裁吴竹平先生、财务总监吉超先生、董 事会秘书徐敬云先生出席本次业绩说明会，就公司经营成果、财务状况、发展战略等 情况与投 ...

Core Viewpoint - The education sector experienced a decline of 1.28% on September 18, with China Gaoke leading the drop, while the Shanghai Composite Index fell by 1.15% and the Shenzhen Component Index decreased by 1.06% [1]. Group 1: Market Performance - The education sector's individual stock performance varied, with Action Education rising by 2.24% and several others, including ST Dongshi and Guomai Technology, experiencing declines of 1.65% and 1.72% respectively [1]. - The closing prices and trading volumes of notable education stocks were reported, indicating a mixed performance across the sector [1]. Group 2: Capital Flow - The education sector saw a net outflow of 254 million yuan from main funds, while retail investors contributed a net inflow of 219 million yuan [3]. - The data suggests a divergence in investment behavior, with institutional investors pulling back while retail investors increased their participation [3].

Market Overview - On September 17, the education sector declined by 1.09%, with China High-Tech leading the drop [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] Individual Stock Performance - Major stocks in the education sector showed mixed results, with Xueda Education (code: 000526) increasing by 0.86% to close at 47.08, while China High-Tech (code: 600730) fell by 4.80% to close at 10.11 [1][2] - Other notable declines included Kewen Education (code: 002659) down 1.36% and Keda Education (code: 300192) down 2.24% [2] Trading Volume and Capital Flow - The education sector experienced a net outflow of 343 million yuan from institutional investors, while retail investors saw a net inflow of 283 million yuan [2] - The total trading volume for the education sector was significant, with Xueda Education achieving a transaction amount of 1.28 billion yuan [1] Capital Flow Analysis - Among individual stocks, Xueda Education had a net inflow of 12.49 million yuan from institutional investors, while China High-Tech saw a net outflow of 4.19 million yuan [3] - The capital flow data indicates that retail investors were more active in the sector, with significant inflows into stocks like Kewen Education and Guomai Technology [3]

Core Viewpoint - The company plans to sell 100% equity of Kensington Park School Limited (KPS) for £80,000 (approximately ¥760,100) to Hong Kong KS Education Group Limited (KSE), which has been approved by the board of directors and does not constitute a related party transaction or a major asset restructuring [1][9][11]. Group 1: Transaction Overview - The sale of KPS is part of the company's strategy to optimize its asset structure and resource allocation, aiming to improve asset operation efficiency [29]. - The company has received a deposit of $27,880 (approximately ¥199,300) from KSE for the transaction [9]. - The board of directors approved the sale with 10 votes in favor and 1 abstention, with no opposing votes [10][32]. Group 2: Background and Financial Context - KPS has faced significant operational challenges due to various factors, including the global pandemic, geopolitical crises, and changes in UK education policies, leading to substantial cumulative losses [17][18]. - The company acquired KPS in 2022 and attempted to improve its operations, but continued pressures have resulted in projected EBITDA losses from 2025 to 2027 [29]. - The decision to sell KPS is expected to generate approximately ¥20 million in investment income and increase the company's net assets by about ¥27 million [29]. Group 3: Valuation and Pricing - The valuation of KPS was assessed at £50,000 (approximately ¥480,000) based on an evaluation report, with a significant increase in value of £20,314.3 (102.42% increase) [11][21]. - The agreed transaction price of £80,000 reflects a negotiated amount above the assessed value, indicating a strategic decision to divest from a non-core asset [11][22]. Group 4: Impact on Company - The sale aligns with the company's strategic transformation post "double reduction" policy, focusing on core business areas such as quality education and international education [29]. - Following the sale, the company will no longer hold any shares in KPS, leading to changes in its consolidated financial statements [29].