Core Viewpoint - The education sector experienced a slight increase of 0.11% on October 23, with Action Education leading the gains. The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1]. Group 1: Stock Performance - Action Education (605098) closed at 41.30, with a rise of 3.51% and a trading volume of 74,400 shares, amounting to a transaction value of 319 million yuan [1]. - Other notable performers included *ST Chuan Zhi (003032) with a closing price of 6.70, up 1.36%, and Quanta Education (300359) at 5.61, up 0.90% [1]. - The overall trading activity in the education sector showed mixed results, with some stocks experiencing gains while others faced declines [2]. Group 2: Capital Flow - The education sector saw a net outflow of 110 million yuan from institutional investors, while retail investors contributed a net inflow of 120 million yuan [2]. - The capital flow data indicated that major stocks like China High-Tech (600730) had a net inflow of 5.27 million yuan from institutional investors, while stocks like *ST Dong Shi (603377) faced significant outflows [3]. - The overall sentiment in the education sector appears to be cautious, with institutional investors pulling back while retail investors remain active [2][3].

Core Viewpoint - The announcement details the freezing of shares held by the controlling shareholder of Dongfang Shifang Driving School Co., Ltd., indicating potential financial distress but asserting that it will not significantly impact the company's operations [2][10]. Group 1: Shareholding and Freezing Details - The controlling shareholder, Dongfang Shifang Investment Co., Ltd., and its concerted action party, Xu Xiong, hold a total of 106,391,600 shares, representing 14.88% of the company's total share capital [2][7]. - An additional 49,650,000 shares have been newly frozen, accounting for 46.67% of the shares held by the controlling shareholder and 6.95% of the company's total share capital [2][4]. - The reason for the share freezing is a debt dispute between Dongfang Shifang Investment and a natural person, Jiao Mei [4]. Group 2: Judicial and Financial Status - As of the announcement date, the total shares frozen or marked by judicial actions do not include the newly frozen shares [6]. - The controlling shareholder has a total of 57,491,600 shares that have been successfully auctioned but not yet transferred, which could further reduce their holding percentage if completed [8]. - The company is under pre-restructuring proceedings initiated by the Beijing First Intermediate People's Court, with uncertainty regarding formal restructuring [9][10]. Group 3: Regulatory and Compliance Issues - The company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [10]. - The freezing of shares will not lead to a change in control of the company and is not expected to affect daily operations [10].

东方时尚驾驶学校股份有限公司 关于控股股东部分股份被轮候冻结的公告 | 证券代码：603377 | 证券简称：ST 东时 | 公告编号：临 | 2025-174 | | --- | --- | --- | --- | | 转债代码：113575 | 转债简称：东时转债 | | | 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。 重要内容提示： 东方时尚驾驶学校股份有限公司（以下简称"东方时尚"或"公司"） 控股股东东方时尚投资有限公司（以下简称"东方时尚投资"）及其一致行动人 徐雄先生合计持有公司股份 106,391,600 股，占公司总股本（因公司处于可转换 公司债券转股期，数据为截至2025年10月21日，下同）714,899,883股的14.88%。 东方时尚投资本次新增轮候冻结 49,650,000 股，占东方时尚投资及其一 致行动人合计持股数量的 46.67%，占公司总股本的 6.95%。本次控股股东股份被 轮候冻结，不会对公司的生产经营产生重大影响。 近日，公司收到中国证券登记结算有限责任公司上海分公司《股权司法冻 ...

重要内容提示： 本次触发转股价格修正条件的期间从 2025 年 9 月 30 日起算，截至 2025 年 10 月 21 日收盘，东方时尚驾驶学校股份有限公司（以下简称"公司"）股票 已有十个交易日的收盘价低于当期转股价格的 80%（9.72 元/股），预计将触发 "东时转债"转股价格向下修正条款。若触发转股价格的修正条件，公司将于触 发当日召开董事会审议决定是否修正转股价格并及时履行信息披露义务。敬请广 大投资者注意投资风险 一、可转换公司债券基本情况 （一）可转债发行情况 | 证券代码：603377 | 证券简称：ST 东时 | 公告编号：临 | 2025-173 | | --- | --- | --- | --- | | 转债代码：113575 | 转债简称：东时转债 | | | 东方时尚驾驶学校股份有限公司 关于"东时转债"预计满足转股价格修正条件的 提示性公告 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。 根据中国证券监督管理委员会（以下简称"中国证监会"）于 2019 年 12 月 27 日签发的证监许可[201 ...

Market Overview - On October 17, the education sector declined by 2.68%, with Chuangye Heima leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Individual Stock Performance - ST Dongshi (603377) closed at 3.52, up 1.15% with a trading volume of 144,200 shares and a turnover of 50.35 million yuan [1] - China High-Tech (600730) closed at 9.00, up 1.01% with a trading volume of 286,600 shares and a turnover of 257 million yuan [1] - Other notable declines include Chuangye Heima (300688) down 6.53% to 27.61, and Kede Education (300192) down 5.26% to 17.10 [2] Capital Flow Analysis - The education sector experienced a net outflow of 284 million yuan from institutional investors, while retail investors saw a net inflow of 254 million yuan [2] - The main capital inflow and outflow for selected stocks indicate varying investor sentiment, with ST Guohua (600636) seeing a significant net outflow of 490,420 yuan from institutional investors [3] Summary of Key Stocks - ST Dongshi (603377) had a net outflow of 755,840 yuan from institutional investors, while retail investors contributed a net inflow of 368,000 yuan [3] - ST Ka Yuan (300338) and All-in-One Education (300359) also showed negative net inflows from institutional investors, indicating a cautious outlook among larger investors [3]

Market Overview - On October 14, the education sector declined by 0.64%, with China High-Tech leading the drop [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Individual Stock Performance - Kevin Education (002659) closed at 5.68, up 2.53% with a trading volume of 425,300 shares and a turnover of 242 million yuan [1] - Zhonggong Education (002607) closed at 2.87, up 1.77% with a trading volume of 4,533,100 shares and a turnover of 1.323 billion yuan [1] - China High-Tech (600730) closed at 8.08, down 4.04% with a trading volume of 179,200 shares and a turnover of 148 million yuan [2] - Dou Shen Education (300010) closed at 7.49, down 2.22% with a trading volume of 757,300 shares and a turnover of 578 million yuan [2] Capital Flow Analysis - The education sector saw a net inflow of 7.2596 million yuan from institutional investors, while retail investors experienced a net outflow of 6.8507 million yuan [2][3] - Major stocks like Zhonggong Education had a net inflow of 18.4 million yuan from institutional investors, but a net outflow of 58.9373 million yuan from retail investors [3] - Kevin Education experienced a net inflow of 15.4896 million yuan from institutional investors, while retail investors had a net outflow of 10.2938 million yuan [3]

Core Viewpoint - The announcement highlights the potential judicial auction of 3,000,000 shares held by the controlling shareholder of Dongfang Shijiao Driving School Co., Ltd, which may impact the company's control stability and shareholder structure [2][3][7]. Group 1: Auction Details - The shares to be auctioned represent approximately 0.42% of the company's total share capital of 714,894,945 shares as of October 10, 2025 [2]. - The auction is scheduled to take place on the Taobao judicial auction platform from November 24, 2025, to November 25, 2025, with a potential second auction on December 17, 2025, if the first auction fails [4][5]. Group 2: Shareholding Structure - As of the announcement date, the controlling shareholder, Dongfang Shijiao Investment Co., Ltd, and its concerted actor, Xu Xiong, hold a total of 106,391,600 shares, accounting for 14.88% of the total share capital [2][6]. - If the auction is successful, the combined shareholding of Dongfang Shijiao Investment and Xu Xiong could decrease to approximately 45,900,000 shares, representing about 6.42% of the total share capital [2][7]. Group 3: Legal and Regulatory Context - The company is currently undergoing a pre-restructuring process as initiated by the Beijing First Intermediate People's Court, which may lead to further legal implications regarding its operational status [3][6]. - The auction results and subsequent share transfers are subject to uncertainty, and the company will fulfill its disclosure obligations as required by the Shanghai Stock Exchange [8].

关于控股股东所持公司部分股份可能被司法拍卖的 提示性公告 | 证券代码：603377 | 证券简称：ST 东时 | 公告编号：临 | 2025-172 | | --- | --- | --- | --- | | 转债代码：113575 | 转债简称：东时转债 | | | 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。 东方时尚驾驶学校股份有限公司 重要内容提示： 本次拟拍卖的股份为东方时尚驾驶学校股份有限公司（以下简称"公司"） 控股股东东方时尚投资有限公司（以下简称"东方时尚投资"）持有的公司 3,000,000 股无限售流通股，约占公司总股本（因公司处于可转换公司债券转股 期，数据为截至 2025 年 10 月 10 日，下同）714,894,945 股的 0.42%。 截至本公告披露日，东方时尚投资及其一致行动人徐雄先生合计持有公 司股份数量 106,391,600 股（含已拍卖未过户的 57,491,600 股），占公司总股 本的 14.88%。若以往东方时尚投资被拍卖成功但尚未过户的 57,491,600 股完成 过 ...

ST东时公告，控股股东东方时尚投资有限公司持有的公司300万股无限售流通股可能被司法拍卖，约占 公司总股本7.15亿股的0.42%。截至公告披露日，东方时尚投资及其一致行动人徐雄先生合计持有公司 股份数量1.06亿股，占公司总股本的14.88%。若本次拍卖成功实施，东方时尚投资及其一致行动人徐雄 先生合计持有的公司股份将进一步减少至4590万股，剩余股份约占公司总股本的6.42%。目前该事项尚 未公示，拍卖结果尚存在不确定性。 ...

New Stock Listings - New stock "Aomeisen" (920080) listed at an issue price of 8.25 on October 10, 2025[1] - "Shangwei New Materials" (688585) has a tender offer period from September 29 to October 28, 2025[1] Delisting and Trading Alerts - "Zitian Tui" (300280) is in the delisting arrangement period with only 1 trading day remaining[1] - "Pinming Technology" (688109) is experiencing severe abnormal fluctuations[1] Market Updates - Multiple companies including "Kesi Technology" (688788) and "Bory Medical" (688166) have recent announcements related to trading activities[1] - "Ganfeng Lithium" (002460) and "Luoyang Molybdenum" (603993) have also made recent disclosures[1] Additional Information - A total of 30 companies have been highlighted for various trading activities and announcements on October 10, 2025[1] - Links to detailed announcements for each company are provided for further insights[1]