Core Insights - The education sector experienced a decline of 1.16% on September 26, with Kede Education leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Market Performance - Kede Education's stock price fell by 5.34% to 19.51, with a trading volume of 307,400 shares and a transaction value of 614 million [2] - Kevin Education saw a significant increase of 10.03%, closing at 6.91, with a trading volume of 723,000 shares and a transaction value of 492 million [1] - The overall education sector saw a net outflow of 94.89 million from institutional investors, while retail investors contributed a net inflow of 90.49 million [2][3] Fund Flow Analysis - Major net inflows were observed in Dou Shen Education, amounting to 64.76 million, while Kede Education experienced a net outflow of 52.37 million from institutional investors [3] - Retail investors showed a positive net inflow in Dou Shen Education and Kede Education, with 35.98 million and 46.53 million respectively [3] - The overall trend indicates a shift in investor sentiment, with retail investors actively participating despite the overall sector decline [2][3]

Core Viewpoint - The company BoRui Communication (600880) is expanding its educational business from a focus on smart education to include smart city and smart healthcare sectors, with plans to further develop in the smart management area [1] Group 1 - The educational business has evolved from specializing in smart education to incorporating smart city and smart healthcare initiatives [1] - The company aims to closely monitor regional policies and actual needs to promote product applications across various areas [1] - Future development will emphasize significant growth in the smart management sector [1]

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 - The education sector increased by 1.27% on September 16, with Kede Education leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Individual Stock Performance - Kede Education (300192) closed at 19.67, up 2.98% with a trading volume of 246,800 shares and a turnover of 483 million yuan [1] - Other notable performers include: - Borye (600880) at 5.11, up 2.61% [1] - China High-Tech (600730) at 10.62, up 2.12% [1] - Zhonggong Education (002607) at 3.08, up 1.99% with a trading volume of 3.296 million shares and a turnover of 1.007 billion yuan [1] - Xueda Education (000526) at 46.68, up 1.94% [1] Capital Flow Analysis - The education sector saw a net inflow of 129 million yuan from institutional investors, while retail investors experienced a net outflow of 130 million yuan [2] - Retail investors contributed a net inflow of 1.7446 million yuan [2] Detailed Capital Flow for Selected Stocks - Zhonggong Education (002607) had a net inflow of 12 million yuan from institutional investors, but a net outflow of 83.186 million yuan from retail investors [3] - Kede Education (300192) experienced a net inflow of 20.4803 million yuan from institutional investors, with a slight net outflow from retail investors [3] - Other stocks like Borye (600880) and Xueda Education (000526) also showed mixed capital flows with varying degrees of institutional and retail investor activity [3]

公司简称：博瑞传播 证券代码：600880 编号：临 2025-026 号 成都博瑞传播股份有限公司 关于参加四川辖区 2025 年投资者网上集体接待日及半年度报告 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法律责任。 一、本次说明会召开情况 2025 年 9 月 12 日下午 15:00-17:00，公司董事、总经理张涛先生，董事会 秘书、副总经理、财务负责人苟军先生，独立董事、审计委员会主任委员王雪女 士通过"全景路演平台"(https://rs.p5w.net)代表公司出席了本次说明会，就 投资者普遍关注的问题进行回答。 二、本次说明会投资者提出的主要问题及公司的回复情况 1.目前成都文交所核心业务是什么？有没有 NFT 的相关产品？谢谢 答：尊敬的投资者您好。成都文交所致力于中国优秀文化传播，主营业务围 绕国家文化数字化战略，充分发挥在场、在线交易平台优势，聚焦服务基于区块 链技术的数字出版和发行，通过规范开展数字文化产品的交易，为文化资源数据 和文化数字内容提供确权、评估、匹配、交易、分发等专业服 ...

Market Overview - The education sector increased by 0.61% on September 10, with Kevin Education leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Individual Stock Performance - Kevin Education (002659) closed at 5.97, up 4.55% with a trading volume of 375,300 shares and a turnover of 223 million yuan [1] - China High-Tech (600730) closed at 11.11, up 3.54% with a trading volume of 469,600 shares and a turnover of 513 million yuan [1] - Other notable performers include Bo Rui Chuan Bo (600880) up 2.24%, and Ke De Education (300192) up 2.19% [1] Capital Flow Analysis - The education sector saw a net inflow of 45.68 million yuan from institutional investors, while retail investors experienced a net inflow of 11.59 million yuan [2] - Speculative funds had a net outflow of 57.27 million yuan [2] Detailed Capital Flow for Selected Stocks - Zhong Gong Education (002607) had a net inflow of 77.87 million yuan from institutional investors, but a net outflow of 44.05 million yuan from speculative funds [3] - Kevin Education (002659) experienced a net inflow of 6.66 million yuan from institutional investors, with a net outflow of 9.33 million yuan from speculative funds [3] - Other stocks like Guo Mai Technology (002093) and Bo Rui Chuan Bo (600880) also showed mixed capital flows with varying degrees of net inflows and outflows [3]

Core Viewpoint - The stock of Borui Communication has shown a mixed performance in recent trading sessions, with a year-to-date increase of 5.71% and a notable revenue growth in the first half of 2025, indicating potential investment opportunities in the company [1][2]. Financial Performance - As of June 30, 2025, Borui Communication achieved a revenue of 305 million yuan, representing a year-on-year growth of 60.14% [2]. - The net profit attributable to shareholders for the same period was 9.175 million yuan, reflecting a growth of 6.29% compared to the previous year [2]. Stock Market Activity - On September 10, 2023, Borui Communication's stock price increased by 2.04%, reaching 5.00 yuan per share, with a trading volume of 29.08 million yuan and a turnover rate of 0.54% [1]. - The company has a total market capitalization of 5.467 billion yuan [1]. Shareholder Information - As of June 30, 2025, the number of shareholders for Borui Communication was 58,800, a decrease of 1.07% from the previous period [2]. - The average number of circulating shares per shareholder increased by 1.09% to 18,585 shares [2]. Dividend Distribution - Since its A-share listing, Borui Communication has distributed a total of 999.3 million yuan in dividends, with 34.986 million yuan distributed over the last three years [3]. Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included notable ETFs, with Huaxia Zhongzheng Animation Game ETF holding 18.3575 million shares, an increase of 3.5393 million shares from the previous period [3]. - The Guotai Zhongzheng Animation Game ETF held 5.5281 million shares, also showing an increase of 1.2381 million shares [3].

格隆汇9月9日丨博瑞传播(600880.SH)在投资者互动平台表示，公司旗下生学教育始终与华为保持深度 的战略合作关系，特别是保持教育信息化行业的生态级合作伙伴地位。此外，生学教育还与阿里、浪 潮、锐捷、腾讯、海康、新华三等多家头部企业达成战略合作，打造智慧教育和城市治理等产业的高质 量生态圈。与阿里集团主要在云资源方面合作较多。 ...

格隆汇9月9日丨博瑞传播(600880.SH)在投资者互动平台表示，公司业务目前主要集中在"智慧管理、数 字文创、现代传媒"三大方向，暂未直接开展与短剧相关的业务。但公司控股的成都文交所已为未来可 能爆发的短剧流通开通了"短剧版权咨询与交易业务"；公司参股的天府影业投资以主旋律院线电影和精 品网络剧为主，在微短剧方面有少量投资，处于探索起步阶段。 ...

Core Viewpoint - The company,博瑞传播, has not yet made any investments in computing power but is focusing on the application of artificial intelligence in the cultural and educational industries [1] Group 1 - The company is currently assessing its situation and has decided not to pursue investments in computing power at this time [1] - The company's smart management business will prioritize the exploration and promotion of AI applications within the cultural and educational sectors [1] - The company aims to develop more innovative scenarios to create additional demand for computing power [1]