Core Insights - The article highlights the top 20 performing stocks in the S&P China A-Share Dividend Opportunity Index as of January 9, 2026, showcasing significant daily and year-to-date gains along with their respective dividend yields [1][5]. Group 1: Stock Performance - The top performer is Jiufeng Energy (605090.SH) with a daily increase of 4.62% and a year-to-date increase of 8.24%, offering a dividend yield of 2.54% [1][5]. - Weichai Power (000338.SZ) follows with a daily rise of 4.32% and a year-to-date increase of 6.63%, with a dividend yield of 4.00% [1][5]. - Tianshan Aluminum (002532.SZ) shows a daily increase of 2.78% and a year-to-date increase of 12.05%, with a dividend yield of 2.25% [1][5]. - Other notable stocks include China Shenhua (601088.SH) with a dividend yield of 7.82% and a year-to-date increase of 4.81% [1][5]. Group 2: Dividend and Valuation Metrics - The overall dividend yield for the index is reported at 4.76%, with a price-to-book ratio of 1.34 times [2]. - The historical price-to-earnings ratio stands at 11.75 times, while the expected price-to-earnings ratio is slightly lower at 11.07 times [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]

Group 1 - The company has approved a share repurchase plan, intending to buy back shares using its own funds, with a total amount between RMB 20 million and RMB 25 million, and a maximum repurchase price of RMB 45 per share [1] - The repurchase period is set for 12 months from the date of board approval, with management authorized to handle all related matters [1] - The company will disclose further details regarding the repurchase plan on the Shanghai Stock Exchange website [1] Group 2 - On January 5, 2026, the company completed its first share repurchase, acquiring 110,800 shares, which represents 0.0929% of the total share capital [2] - The highest and lowest prices for the repurchased shares were RMB 41.90 and RMB 41.54 per share, respectively, with a total expenditure of RMB 4,641,233.00, including transaction fees [2] - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations regarding the progress of the share repurchase [2]

Core Viewpoint - Today, 11 stocks received buy ratings from institutions, with Tian Ci Materials having its rating upgraded and Min Sida and China National Foreign Trade being newly covered by institutions [1] Group 1: Institutional Ratings - A total of 13 buy ratings were issued today, covering 11 stocks, with Tian Ci Materials and Guizhou Moutai receiving the highest attention, each having 2 buy ratings [1] - Among the stocks rated, 6 provided future target prices, with 5 stocks showing an upside potential exceeding 20%. Guizhou Moutai has the highest upside potential at 82.33%, with a target price of 2600.00 yuan set by Huachuang Securities [1][2] - Other stocks with significant upside potential include Qibin Group and Shiji Information, with upside potentials of 73.03% and 30.30% respectively [1] Group 2: Market Performance - The average increase for stocks with buy ratings today was 2.96%, outperforming the Shanghai Composite Index. Ten stocks saw price increases, with Min Sida, Qibin Group, and Shiji Information leading the gains at 8.72%, 5.06%, and 4.52% respectively [1] Group 3: Individual Stock Ratings - Guizhou Moutai received a strong buy rating from Huachuang Securities with a target price of 2600.00 yuan and a latest closing price of 1426.00 yuan [2] - Min Sida was rated as "Increase" by GF Securities with a target price of 54.34 yuan and a latest closing price of 44.49 yuan [2] - Tian Ci Materials received buy ratings from both CITIC Securities and Western Securities, with a latest closing price of 48.04 yuan [2]

二、 回购股份的进展情况 证券代码：605098 证券简称：行动教育 公告编号：2026-002 上海行动教育科技股份有限公司 关于以集中竞价交易方式首次回购公司股份的公告 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。 | 回购方案首次披露日 | 2025/12/17 | | --- | --- | | 回购方案实施期限 | 2025 年 12 月 17 日~2026 年 12 月 16 日 | | 预计回购金额 | 2,000万元~2,500万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 110,800股 | | 累计已回购股数占总股本比例 | 0.0929% | | 累计已回购金额 | 4,641,233.00元 | | 实际回购价格区间 | 41.54元/股~41.90元/股 | 重要内容提示： 一、 回购股份的基本情况 2025 年 12 月 16 日，上海行动教育科技股份有限公司（以下简称 ...

格隆汇1月5日丨行动教育(605098.SH)公布，2026年1月5日，公司通过上海证券交易所交易系统以集中 竞价交易方式首次回购公司股份110,800股，已回购股份占公司总股本的比例为0.0929%，回购成交的最 高价为41.90元/股、最低价为41.54元/股，已支付的资金总额为人民币4,641,233.00元（含交易费用）。 ...

（记者 曾健辉） 每经AI快讯，行动教育1月4日晚间发布公告称，截至2025年12月31日，公司尚未回购股份，前述回购 进展符合法律法规的规定及公司股份回购方案的要求。 每经头条（nbdtoutiao）——AI泡沫破灭？美股下跌20%？量子计算颠覆加密货币？金价涨破1万美元？ 2026年华尔街和科技圈十大预测来了 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 ...

2025 年 12 月 16 日，上海行动教育科技股份有限公司（以下简称"公司"）召 开第五届董事会第十一次会议审议通过了《关于<以集中竞价交易方式回购公司股 份>的议案》。同意公司以自有资金在上海证券交易所交易系统以集中竞价交易方 式回购公司部分股份，回购的股份拟用于公司股权激励或员工持股计划。回购股 份的资金总额不低于人民币 2,000 万元（含），不高于人民币 2,500 万元（含），回 购价格不超过人民币 45 元/股（含），回购期限为自公司董事会审议通过本次回购 股份方案之日起 12 个月内，同时授权公司管理层全权办理本次回购股份的相关事 宜。具体内容详见公司分别于 2025 年 12 月 17 日、2025 年 12 月 23 日在上海证券 交易所网站（www.sse.com.cn）披露的《关于以集中竞价方式回购公司股份的预案》 上海行动教育科技股份有限公司 （公告编号：2025-035）、《关于以集中竞价方式回购公司股份的回购报告书》 （2025-038）。 关于以集中竞价交易方式回购公司股份的进展公告 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 ...

Investment Rating - The report maintains a "Buy" rating for the company [2] Core Insights - The company is a leader in corporate management training, demonstrating strong growth resilience with a revenue scale that continues to increase, and a net profit margin consistently above 30% since 2023 [9] - The industry benefits from the development of the private economy, with long-term quality leaders having opportunities to increase market share despite short-term macroeconomic pressures [9] - The company leverages a differentiated product strategy and an excellent business team to create a competitive advantage, focusing on practical management training courses and a strong faculty with real-world experience [9] - The strategic focus on large clients, the "Hundred Schools Plan," and AI empowerment are expected to enhance growth flexibility and drive future expansion [9] - Profit forecasts indicate a net profit of 300 million, 350 million, and 400 million RMB for 2025, 2026, and 2027 respectively, with a target price of 52.53 RMB per share based on a 2026 P/E ratio of 18x [9] Summary by Sections Company Overview - The company has been deeply engaged in corporate management training for over 20 years, providing a full lifecycle of management education services, with management training revenue accounting for over 80% of total revenue [14] Industry Analysis - The corporate training industry is experiencing continuous growth, with the market size expected to reach 1.3194 trillion RMB by 2025, driven by an increasing number of enterprises and a growing awareness of training needs [45][46] Product and Team Strength - The company emphasizes research and development to create effective and comprehensive course offerings, utilizing a "factory model" for systematic course development [55] - The faculty includes a mix of local practitioners and international experts, ensuring high-quality course delivery [60] Growth Strategies - The company has successfully implemented a large client strategy, significantly increasing its client base and revenue from major enterprises [72] - AI initiatives are enhancing operational efficiency across various business processes, contributing to improved performance metrics [77][78]

Group 1 - The core viewpoint of the news is that Action Education has shown a slight increase in stock price, reaching 41.94 CNY per share, with a total market capitalization of 5.001 billion CNY [1] - Action Education, established on March 27, 2006, and listed on April 21, 2021, is primarily engaged in corporate management training, management consulting services, and the sale of related audio-visual products [1] - The revenue composition of Action Education is as follows: management training accounts for 82.99%, management consulting for 15.83%, and other income for 1.18% [1] Group 2 - According to data, one fund under Baoying Fund holds a significant position in Action Education, with Baoying Consumer Theme Mixed Fund (003715) owning 359,200 shares, representing 4.68% of the fund's net value [2] - The Baoying Consumer Theme Mixed Fund has a total scale of 285 million CNY and has achieved a year-to-date return of 1.49%, ranking 7570 out of 8087 in its category [2] - The fund manager, Zhang Ruolun, has been in position for 123 days, with the fund's total assets amounting to 355 million CNY [3]