中国高科公告称，经初步测算，预计2025年年度利润总额、归母净利润、扣非后净利润均为负值，营业 收入或低于3亿元。若经审计的2025年年度利润总额、净利润或者扣非后净利润孰低者为负值且营业收 入低于3亿元，公司股票将触及实施退市风险警示情形。若触发，股票将于2025年年度报告披露日起停 牌，上交所将在停牌5个交易日内实施退市风险警示。公司预计在年报披露前再发2次风险提示公告。 ...

Core Insights - The education sector experienced a slight increase of 0.15% on January 29, with BoRui Communication leading the gains [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] Education Sector Performance - BoRui Communication (600880) closed at 6.11, up 2.17% with a trading volume of 1.0181 million shares and a transaction value of 630 million [1] - QuanTong Education (300359) closed at 5.68, up 2.16% with a trading volume of 196,700 shares and a transaction value of 11.2 million [1] - DouShen Education (300010) closed at 7.44, up 1.92% with a trading volume of 1.2808 million shares and a transaction value of 960 million [1] - Other notable performances include Action Education (605098) at 45.42, up 0.93%, and XueDa Education (000526) at 38.40, up 0.79% [1] Capital Flow Analysis - The education sector saw a net inflow of 3.5215 million from institutional investors, while retail investors contributed a net inflow of 72.2198 million [2] - However, speculative funds experienced a net outflow of 75.7413 million [2] Individual Stock Capital Flow - DouShen Education (300010) had a net inflow of 50.2106 million from institutional investors, but a net outflow of 33.7840 million from retail investors [3] - China High-Tech (600730) saw a net inflow of 25.6964 million from institutional investors, with retail investors showing a net outflow of 23.2824 million [3] - QuanTong Education (300359) had a net inflow of 5.2657 million from institutional investors, while retail investors had a net outflow of 1.8672 million [3]

Market Overview - The education sector experienced a decline of 1.74% on January 28, with Chuangye Heima leading the drop [1] - The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1] Individual Stock Performance - Stocks in the education sector showed mixed results, with notable declines in several companies: - Chuangye Heima (300688) fell by 3.63% to a closing price of 31.03 [2] - Dou Shen Education (300010) decreased by 3.05% to 7.30 [2] - Xue Da Education (000526) dropped by 2.53% to 38.10 [2] - Conversely, some stocks like Angli Education (600661) and China Gaoke (600730) saw slight increases of 1.12% and 0.66%, respectively [1] Trading Volume and Capital Flow - The education sector saw a net outflow of 208 million yuan from main funds, while retail investors contributed a net inflow of 223 million yuan [2] - The trading volume for Angli Education was 78,100 shares with a transaction value of approximately 83.6 million yuan [1] Capital Inflow Analysis - Angli Education had a net inflow of 17.31 million yuan from main funds, representing 20.71% of its trading volume [3] - In contrast, major outflows were observed in stocks like Xue Da Education and ST Ka Yuan, with net outflows of 8.35 million yuan and 4.33 million yuan, respectively [3]

Market Overview - The education sector increased by 0.38% on January 27, with Kevin Education leading the gains [1] - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1] Individual Stock Performance - Kevin Education (002659) closed at 6.80, up 4.62%, with a trading volume of 898,000 shares and a transaction value of 614 million yuan [1] - Zhonggong Education (002607) closed at 2.98, up 2.41%, with a trading volume of 2.93 million shares and a transaction value of 867 million yuan [1] - ST Kaiyuan (300338) closed at 3.60, up 2.27%, with a trading volume of 136,600 shares and a transaction value of 49.43 million yuan [1] - Other notable performances include BoRui Communication (600880) at 6.09, up 1.16%, and DouShen Education (300010) at 7.53, up 0.94% [1] Capital Flow Analysis - The education sector saw a net inflow of 25.29 million yuan from institutional investors, while retail investors experienced a net outflow of 72.54 million yuan [2] - The overall net inflow from speculative funds was 47.25 million yuan [2] Detailed Capital Flow for Selected Stocks - Zhonggong Education had a net inflow of 85.63 million yuan from institutional investors, while retail investors had a net outflow of 61.83 million yuan [3] - Kevin Education experienced a net inflow of 63.58 million yuan from institutional investors, with a significant retail outflow of 93.13 million yuan [3] - ST Kaiyuan had a minor net inflow of 2.81 million yuan from institutional investors, with retail investors also experiencing a net outflow [3]

Market Overview - The education sector experienced a decline of 2.45% on January 26, with China High-Tech leading the drop [1] - The Shanghai Composite Index closed at 4132.61, down 0.09%, while the Shenzhen Component Index closed at 14316.64, down 0.85% [1] Individual Stock Performance - Notable performers included: - Chuangye Heima (300688) with a closing price of 32.56, up 2.88% and a trading volume of 201,700 shares, totaling 662 million yuan [1] - ST Guohua (600636) closed at 9.51, up 0.53% with a trading volume of 50,600 shares, totaling 47.77 million yuan [1] - Conversely, China High-Tech (600730) saw a significant drop of 6.00%, closing at 10.50 with a trading volume of 420,400 shares, totaling 452 million yuan [2] - Other notable declines included: - Kede Education (300192) down 4.52% to 21.75 [2] - Dongshi ST (603377) down 0.51% to 3.91 [1] Capital Flow Analysis - The education sector experienced a net outflow of 441 million yuan from institutional investors, while retail investors saw a net inflow of 377 million yuan [2] - The capital flow for individual stocks showed: - Chuangye Heima had a net outflow of 51.57 million yuan from institutional investors [3] - ST Guohua experienced a net outflow of 4.60 million yuan from institutional investors [3] - Kede Education had a net inflow of 4.29 billion yuan from retail investors [2]

Group 1 - The actual controller of the company is set to change, with Fangzheng International Education Consulting Co., Ltd. being the direct controlling shareholder, holding 117,482,984 shares, which is 20.03% of the total share capital [1] - On December 19, 2025, a share transfer agreement was signed between New Fangzheng Group and Hubei Changjiang Shiyu Chip Semiconductor Co., Ltd., which will lead to a change in the indirect controlling shareholder to Changjiang Semiconductor [1] - The actual controller will change to the Dongyang Municipal Government State-owned Assets Supervision and Administration Office and other individuals upon completion of the share transfer [1] Group 2 - On January 9, 2026, the company received a notification from Changjiang Semiconductor that the Dongyang State-owned Assets Office approved the acquisition of Fangzheng International Education, which represents a 20.03% stake in the company [3] - The approval allows Dongyang Dongwang Holdings Co., Ltd. to invest in Hubei Changjiang Shiyu Chip Semiconductor Co., Ltd. for the acquisition of Fangzheng International Education [3] - The change in actual controller requires further registration and approval processes, which will be disclosed in due course [3]

Group 1 - The core point of the announcement is the planned change of the actual controller of China High-Tech Group Co., Ltd., which involves a share transfer agreement between New Fangzheng Group and Hubei Changjiang Shiyu Chip Semiconductor Co., Ltd. [1][2] - Fangzheng International Education Consulting Co., Ltd. currently holds 20.03% of the total share capital of China High-Tech, and the indirect controlling shareholder is New Fangzheng Group, which is set to transfer its 100% stake in Fangzheng International Education to Changjiang Semiconductor [1][2] - Upon completion of the share transfer, the direct controlling shareholder will remain Fangzheng International Education, while the actual controller will change to the East Yangzhou State-owned Assets Supervision and Administration Office and other individuals [1][2] Group 2 - On January 9, 2026, the company received notification from Changjiang Semiconductor that the East Yangzhou State-owned Assets Office had issued approval for the acquisition of Fangzheng International Education, allowing for the indirect acquisition of 20.03% of China High-Tech's shares [2] - The change of the actual controller is subject to the completion of necessary registration procedures for the change of shareholders in Fangzheng International Education, with the final outcome dependent on the approval of relevant authorities [2]

证券代码：600730 证券简称：中国高科 公告编号：临 2026-001 中国高科集团股份有限公司 关于收到东阳市国资办批复暨实际控制人 拟发生变更的进展公告 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法律责任。 一、 本次实际控制人拟发生变更的基本情况 方正国际教育咨询有限责任公司（简称"方正国际教育"）是中国高科集团股 份有限公司（简称"公司"）的直接控股股东，持有本公司无限售流通股 117,482,984 股，占公司总股本的 20.03%。新方正控股发展有限责任公司（简称"新方正集 团"）持有方正国际教育 100%股权，为本公司的间接控股股东。2025 年 12 月 19 日，新方正集团与湖北长江世禹芯玑半导体有限公司（简称"长江半导体"） 签署了股权转让协议，约定新方正集团向长江半导体转让其所持有的方正国际教 育 100%股权。若本次股权转让完成，本公司直接控股股东未发生变更，仍为方 正国际教育，长江半导体将成为公司的间接控股股东，公司的实际控制人将变更 为东阳市人民政府国有资产监督管理办公室（简称"东阳市国资办"）、孙维 ...

Core Viewpoint - The company acknowledges that its stock price fluctuations in the secondary market are influenced by multiple factors, including macroeconomic conditions, market sentiment and expectations, industry trends, and the company's operational performance [2] Group 1 - The company has conducted an investigation and verification regarding the abnormal fluctuations in its stock trading, in accordance with the relevant regulations of the Shanghai Stock Exchange [2] - The company has disclosed the findings in its official announcement numbered 2025-029 on the Shanghai Stock Exchange website and other legal information disclosure media [2]

Market Overview - The education sector increased by 0.7% on January 6, with BoRui Communication leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up 1.5%, while the Shenzhen Component Index closed at 14022.55, up 1.4% [1] Individual Stock Performance - BoRui Communication (600880) closed at 5.63, up 3.68% with a trading volume of 1.6943 million shares and a transaction value of 970 million [1] - Kevin Education (002659) closed at 6.20, up 2.99% with a trading volume of 616,000 shares and a transaction value of 377 million [1] - China High-Tech (600730) closed at 12.01, up 2.21% with a trading volume of 447,600 shares and a transaction value of 529 million [1] - Other notable stocks include Chuangye Dengdiao (300688) at 30.19, up 1.55%, and *ST ChuanZhi (003032) at 6.46, up 1.10% [1] Capital Flow Analysis - The education sector experienced a net outflow of 198 million from institutional investors, while retail investors saw a net inflow of 225 million [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Detailed Capital Flow by Stock - China High-Tech (600730) had a net outflow of 43.67 million from institutional investors, with a retail net outflow of 32.96 million [3] - Kede Education (300192) saw a net inflow of 12.35 million from institutional investors, while retail investors had a net outflow of 25.61 million [3] - *ST Guohua (600636) reported a net inflow of 9.53 million from institutional investors, with a significant retail outflow of 8.60 million [3] - Action Education (605098) had a net inflow of 4.81 million from institutional investors, while retail investors experienced a net outflow of 12.62 million [3]