Core Viewpoint - ST Dongshi (Oriental Fashion, 603377) is facing significant legal and operational challenges due to the conviction of its actual controller, Xu Xiong, for manipulating the securities market, which has led to a prison sentence and substantial fines [1][3]. Group 1: Legal Issues - Xu Xiong has been sentenced to six years and six months in prison and fined 170 million yuan for manipulating the securities market [1]. - The company has faced multiple investigations and penalties, including a fine of 5 million yuan for failing to disclose related party transactions and an additional 8.5 million yuan in penalties for Xu Xiong [4]. - The company received a notice from the China Securities Regulatory Commission regarding suspected violations of information disclosure laws [4]. Group 2: Corporate Governance - Following the legal issues, Xu Xiong has been removed from all positions within the company, and the company claims that his actions will not affect shareholder rights or normal business operations [3]. - The company is currently under pre-restructuring as mandated by the Beijing First Intermediate People's Court, with a temporary management team appointed to oversee the process [6]. Group 3: Financial and Operational Status - The company is actively seeking restructuring investors to address debt risks and non-operational fund occupation issues, aiming to maximize the interests of creditors and minority shareholders [7]. - As of December 31, 2024, the company has approximately 387 million yuan in non-operational fund occupation, which has not been resolved, leading to potential delisting risks if not addressed by June 19, 2025 [8].

Meeting Details - The shareholders' meeting was held on July 11, 2025, at the company's conference room in Beijing [1] - The attendance rate of ordinary shareholders and preferred shareholders with restored voting rights was 39.598% [1] - The meeting was convened by the board of directors and chaired by Ms. Sun Xiang, with voting conducted through both on-site and online methods, complying with the Company Law and the Articles of Association [1] Voting Results - All non-cumulative voting proposals were approved with a high majority, including: - 99.9005% approval for the first proposal, with 282,794,262 votes in favor [1] - 99.9373% approval for the second proposal, with 282,898,338 votes in favor [1] - 99.9324% approval for the third proposal, with 282,884,638 votes in favor [1] - 99.9410% approval for the last proposal, with 282,908,962 votes in favor [2] Legal Compliance - The meeting's procedures, including the convening, attendance, and voting, were confirmed to be in accordance with the Company Law and relevant regulations by the attending lawyers [3]

Group 1 - The company is undergoing a pre-restructuring process to address debt risks and non-operational fund occupation issues, aiming to avoid delisting risks and maximize the interests of creditors and minority shareholders [1][2][3] - The company has a non-operational fund occupation balance of approximately 387 million yuan, primarily through equipment procurement and accounts receivable factoring [1][5][21] - The pre-restructuring management will publicly recruit and select restructuring investors based on legal and market principles [3][6] Group 2 - The company was established on August 12, 2005, and is listed on the Shanghai Stock Exchange, with business operations including driver training, sales of daily necessities, and electric vehicle charging infrastructure [3] - The recruitment of restructuring investors aims to introduce strong investors to provide additional funds and resources, assisting the company in resolving its debt crisis and restoring its value [3][4] - Interested investors must meet specific criteria, including being legally established entities with good credit status and sufficient financial capability [7][8] Group 3 - The recruitment process includes several stages: registration, preliminary review, due diligence, submission of investment proposals, and selection of investors [14][15][16] - Investors must pay a registration deposit of 30 million yuan and a selection deposit of 70 million yuan, which will be used to address non-operational fund occupation issues if selected [16][18] - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [21]

Core Viewpoint - The company, Oriental Fashion Driving School Co., Ltd., is undergoing a pre-restructuring process initiated by the Beijing First Intermediate People's Court, which may lead to formal restructuring or bankruptcy depending on the outcome of the proceedings [2][4]. Group 1: Restructuring Process - The court has decided to initiate pre-restructuring for the company, with a deadline for creditors to declare their claims by August 12, 2025 [2][4]. - The restructuring process is uncertain, as the court's acceptance of the restructuring application does not guarantee that the company will formally enter the restructuring process [4][5]. - If the restructuring fails, the company faces the risk of being declared bankrupt, which would lead to the termination of its stock listing [2][5]. Group 2: Financial Issues - The company has approximately 387 million yuan in non-operational funds occupied by its controlling shareholder and related parties through equipment procurement and accounts receivable factoring [6]. - The company failed to rectify the financial issues within the mandated six-month period, leading to a potential suspension of its stock trading starting June 20, 2025, if no corrective actions are taken [6][5]. - If the company does not complete the necessary rectifications within two months after suspension, the Shanghai Stock Exchange will decide to implement delisting risk warnings for the company's stock and convertible bonds [6]. Group 3: Regulatory Compliance - The company is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, and it has not yet received a conclusive opinion or decision from the CSRC regarding this matter [6][5]. - The company is committed to cooperating with the CSRC's investigation and will comply with relevant laws and regulations regarding information disclosure [6][8].

东方时尚驾驶学校股份有限公司（以下简称"公司"）于近日收到公司实际 控制人徐雄先生家属送达的上海市第一中级人民法院对其出具的一审《刑事判决 书》（2024）沪 01 刑初 61 号，现将有关情况公告如下： | 证券代码：603377 | 证券简称：ST 东时 | 公告编号：临 | 2025-121 | | --- | --- | --- | --- | | 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 关于收到公司实际控制人刑事判决书的公告 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。 重要内容提示： 上市公司所处的当事人地位：非上市公司涉诉。 三、本次判决对公司的影响 公司实际控制人徐雄先生已不在公司担任董事、监事及高级管理人员职务， 上述判决系徐雄先生个人行为，不会影响徐雄先生股东权利的行使及公司的正常 业务运作。目前，公司生产经营活动一切正常、管理团队稳定。 本次判决为一审判决，截至本公告披露日，本次判决尚未生效，如徐雄先生 在法定期限内提起上诉，最终判决及后续执行结果尚存在 ...

| 证券代码：603377 | 证券简称：ST 东时 | 公告编号：临 | 2025-122 | | --- | --- | --- | --- | | 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 关于公开招募重整投资人的公告 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。 重要内容提示： 1、为顺利推进预重整工作，稳妥有序化解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"）债务风险和非经营性资金占用问题，避免 触及退市风险，实现债权人、中小股东等各方利益最大化，临时管理人将根据《中 华人民共和国企业破产法》及相关法律法规规定，按照法治化、市场化原则，公 开招募和遴选东方时尚重整投资人 2、本次招募重整投资人具有不确定性，可能存在报名期内未能招募到合格 重整投资人、重整投资人未按期签订投资协议等情形。 3、截至本公告披露日，公司尚处于预重整阶段，并未收到法院关于进入重 整程序的相关法律文书，公司后续能否进入正式重整程序存在不确定性。根据《上 海证券交易所股票上市规 ...

| 证券代码：603377 | 证券简称：ST 东时 | 公告编号：临 | 2025-123 | | --- | --- | --- | --- | | 转债代码：113575 | 转债简称：东时转债 | | | 3、截至 2024 年 12 月 31 日，公司控股股东东方时尚投资有限公司及其关联 方通过设备采购、应收账款保理业务等方式非经营性占用公司资金，占用余额约 为 3.87 亿元，根据《上海证券交易所股票上市规则》（2025 年 4 月修订）第 8.6 条、第 9.4.1 等相关规定，公司未能按照责令改正要求在 6 个月内（即 2025 年 6 月 19 日前）清收 3.87 亿元被占用资金，上海证券交易所（以下简称"上交所"） 对公司股票及"东时转债"自责令改正期限届满后次一个交易日（即 2025 年 6 月 20 日）开市起实施停牌。若停牌后两个月内仍未完成整改，上交所将对公司 股票实施退市风险警示，此后两个月内仍未完成整改的，上交所将决定终止公司 股票及"东时转债"上市交易。 4、如果公司顺利实施重整并执行完毕重整计划，将有利于化解公司债务风 险，优化公司资产负债结构，提升公司的持续经营及盈利能 ...

北京市重光律师事务所 关于东方时尚驾驶学校股份有限公司 2025 年第三次临时股东大会 之 法律意见书 地址: 北京市西城区金融大街 33 号通泰父厦C 座 7 层 邮编：100033 电话: Tel:86-10-85630600 传真: Fax:86-10-85632586 重光律师事务所 ·法律意见书 北京市重光律师事务所 关于东方时尚驾驶学校股份有限公司 2025 年第三次临时股东大会之 法律意见书 致:东方时尚驾驶学校股份有限公司 北京市重光律师事务所（以下简称"本所"）接受东方时尚驾驶学校股份有 限公司（以下简称"公司"）委托,指派本所律师（以下简称"本所律师"）见 证公司于 2025 年 7 月 11 日召开的 2025 年第三次临时股东大会。本所律师依据 《中华人民共和国公司法》(以下简称"《公司法》")、中国证券监督管理委员 会《上市公司股东会规则》〔2025〕7 号（以下简称"《股东会规则》"）等法 律、法规和其他有关规范性文件的要求及《东方时尚驾驶学校股份有限公司章程》 （以下简称"《公司章程》"）的有关规定,对公司本次股东大会的召集和召开 程序、出席会议人员和会议召集人的资格、会议的表决 ...

| 证券代码：603377 | 证券简称：ST | 东时 | 公告编号：临 | 2025-120 | | --- | --- | --- | --- | --- | | 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 2025年第三次临时股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 186 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 283,075,822 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 39.5980 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情 况等。 本次会议由公司董事会召集，董事长孙翔女士主持，会议采取现场投票与网 络投票相结合的方式进行表决。会议召开及表决方式符合《公司法》和《公司章 程》的规定。 (一) 股东 ...

ST东时：公司实际控制人徐雄因涉嫌操纵证券市场罪被判处有期徒刑六年六个月 罚金一亿七千万 智通财经7月11日电，ST东时(603377.SH)公告称，公司实际控制人徐雄因涉嫌操纵证券市场罪，被判处 有期徒刑六年六个月，并处罚金人民币一亿七千万元。该判决为一审判决，尚未生效，如徐雄在法定期 限内提起上诉，最终判决及后续执行结果尚存在不确定性。目前公司生产经营活动一切正常、管理团队 稳定。 ...