Summary of Key Points - The company Action Education (605098.SH) announced a share reduction plan involving Shanghai Yundun and Shanghai Lanxiao [1] - During the implementation of this reduction plan, Shanghai Yundun reduced its holdings by 163,800 shares through centralized bidding and 1,036,000 shares through block trading, totaling 1,199,800 shares [1] - Additionally, Shanghai Lanxiao reduced its holdings by 1,100,000 shares through block trading [1] - The share reduction plan by Shanghai Yundun and Shanghai Lanxiao is set to be completed by November 19, 2025 [1]

证券代码：605098 证券简称：行动教育 公告编号：2025-033 上海行动教育科技股份有限公司 关于持股 5%以上股东权益变动触及 1%刻度暨 减持股份结果公告 本公司董事会、全体董事及相关股东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： 股东持股的基本情况 公司于 2025 年 10 月 17 日披露了上海云盾、上海蓝效本次减持计划，详见 《关于 5%以上股东减持股份计划公告》（公告编号：2025-024）。 本次减持主体 1：本次减持计划实施前，上海行动教育科技股份有限公司（以 下简称"公司"）控股股东、实际控制人的一致行动人上海云盾商务咨询合伙企 业（有限合伙）（以下简称"上海云盾"），上海云盾持有公司股份 11,170,333 股，占公司总股本比例为 9.3671%，上海云盾与其一致行动人合计持有公司股份 50,650,064 股，占公司总股本比例为 42.4735%。 本次减持主体 2：本次减持计划实施前，上海行动教育科技股份有限公司（以 下简称"公司"）股东上海蓝效商务咨询合伙企业（有限合伙）（以下简称"上 海蓝 ...

Core Viewpoint - Action Education's stock closed down 1.52% at 40.77 yuan on November 19, with significant block trades occurring totaling 400,000 shares and a transaction value of 15.164 million yuan [1]. Trading Activity - Three major block trades were executed at a price of 37.91 yuan, with a total of 140,000 shares traded in the first transaction, amounting to 5.3074 million yuan and a premium rate of -7.01% [1]. - The second transaction involved 100,000 shares at the same price, totaling 3.791 million yuan, also with a premium rate of -7.01% [1]. - The third transaction included 160,000 shares, resulting in a transaction value of 6.0656 million yuan, maintaining the same premium rate of -7.01% [1]. Recent Trading Trends - Over the past three months, Action Education has recorded a total of 20 block trades, with an aggregate transaction value of 81.4619 million yuan [1]. - In the last five trading days, the stock has seen a cumulative decline of 0.39%, while the net inflow of main funds amounted to 2.3926 million yuan [1].

Group 1 - The article discusses the trading activities of Action Education (证券简称: 行动教育) on November 19, 2025, highlighting the stock price and transaction volumes [1] - The stock price of Action Education was recorded at 37.91 yuan, with a total transaction amount of 606.56 million yuan across multiple trades [1] - Various brokerage firms were involved in the buying and selling activities, indicating a diverse interest in the stock [1]

Market Overview - The education sector experienced a decline of 1.53% on November 19, with Chuangye Heima leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Individual Stock Performance - Kevin Education (002659) saw a closing price of 6.07, with an increase of 4.84% and a trading volume of 702,700 shares, amounting to a transaction value of 429 million [1] - China High-Tech (600730) closed at 10.30, up 2.28%, with a trading volume of 298,500 shares and a transaction value of 307 million [1] - ST Chuan Zhi (003032) closed at 6.81, down 0.15%, with a trading volume of 50,600 shares and a transaction value of 34.17 million [1] - Other notable declines include: - Zhong Gong Education (2.70, -1.10%) [1] - Angli Education (10.74, -1.29%) [1] - Action Education (40.77, -1.52%) [1] - Quantu Education (5.80, -1.53%) [1] - ST Guohua (8.71, -1.80%) [1] - Kede Education (19.42, -1.87%) [1] - Xueda Education (39.79, -2.16%) [1] Capital Flow Analysis - The education sector saw a net outflow of 113 million from institutional investors, while retail investors experienced a net inflow of 24.04 million [2] - The main capital inflow and outflow for selected stocks include: - Kevin Education: Net inflow of 65.58 million from main capital, with a net outflow of 74.17 million from retail [3] - China High-Tech: Net inflow of 22.82 million from main capital, with a net outflow of 28.00 million from retail [3] - ST Dong Shi: Net inflow of 0.74 million from main capital, with a net inflow of 3.58 million from retail [3] - ST Kai Yuan: Net outflow of 7.02 million from main capital, with a net inflow of 3.14 million from retail [3]

Core Insights - Companies face systemic challenges such as strategic ambiguity, organizational inefficiency, and product-channel imbalance amid economic slowdown and technological transformation [1] - Executive training institutions are evolving from mere knowledge providers to growth partners that facilitate actionable learning and implementation [1] Group 1: Brand Strength - Action Education is recognized as a leading institution in China's management education sector, being the first management education company listed on the Shanghai Stock Exchange in 2021 [2] - The company ranks first in revenue among management consulting firms in China, showcasing its professional depth and industry influence [2] - With nearly 40 direct branches globally, Action Education provides localized learning experiences and comprehensive support for executives [2] Group 2: Course System - The curriculum is designed to address core challenges faced by executives, focusing on strategic, organizational, and execution needs [4] - The "Condensed EMBA" course emphasizes profit growth and includes ten modules covering strategic design, value innovation, and marketing strategy, among others [4] - The "Principal EMBA" course focuses on long-term organizational competitiveness, featuring mandatory and elective modules on AI organizations, performance mechanisms, and talent development [5] Group 3: Faculty Strength - The faculty comprises practical operators and authoritative academic/industry experts, ensuring that course content is understandable and applicable [6] - Notable instructors include former IMF Vice President Zhu Min and industry leaders who have successfully scaled companies [7][8] Group 4: Alumni Ecosystem - Action Education has developed a significant alumni network that provides resource collaboration and cross-industry connections [9] - Alumni include prominent companies that have successfully navigated challenges through strategic upgrades and organizational restructuring [9][10] Group 5: Teaching Model - The teaching model emphasizes consensus, co-creation, and co-action, ensuring that learning translates into actionable results [11] - The program requires CEOs to participate actively, fostering alignment in strategic implementation [11] - Post-course support includes a training system to disseminate knowledge throughout the organization and dedicated consultants to track progress [13] Conclusion - Action Education offers a comprehensive solution from strategic design to organizational implementation, aiming to build systematic capabilities for companies to achieve sustainable growth and excellence [14]

Core Insights - Action Education conducted 16 block trades on November 18, with a total trading volume of 1.336 million shares and a total transaction value of 51.0219 million yuan, at a price of 38.19 yuan, reflecting a discount of 7.75% compared to the closing price of the day [2][4] - Institutional proprietary seats participated in 8 of the trades, with a total transaction value of 18.2014 million yuan, indicating a net purchase of 18.2014 million yuan [2][4] - Over the past three months, Action Education has recorded 17 block trades, with a cumulative transaction value of 66.2979 million yuan [2] Trading Performance - The closing price of Action Education on November 18 was 41.40 yuan, down 0.17%, with a daily turnover rate of 0.52% and a total transaction amount of 25.5235 million yuan [2] - The net inflow of main funds for the day was 358,000 yuan, while the stock has seen a cumulative increase of 1.30% over the past five days, with a total net outflow of 1.3661 million yuan during the same period [2] Company Background - Shanghai Action Education Technology Co., Ltd. was established on March 27, 2006, with a registered capital of 119.2511 million yuan [2]

Group 1 - A total of 59 stocks in the A-share market experienced block trading today, with a total transaction value of 1.335 billion yuan [1] - The top three stocks by transaction value were Shanxi Fenjiu (186 million yuan), Hanrui Cobalt (109 million yuan), and Jinkong Electric (80.34 million yuan) [1] - Among the stocks, 9 were traded at par, 5 at a premium, and 45 at a discount; the stocks with the highest premium rates were Bosi Software (19.41%), Jiaxun Feihong (16.8%), and Yongtai Energy (11.11%) [1] - The stocks with the highest discount rates included Zhi De Mai (20.12%), Wens Foodstuff Group (19.6%), and Nuo Si Ge (19.44%) [1] Group 2 - The ranking of institutional buy amounts was led by Shanxi Fenjiu (167 million yuan), followed by Keli'er (37.41 million yuan) and Sanfeng Intelligent (29.27 million yuan) [1] - Other notable institutional buys included Action Education (18.20 million yuan), Chunfeng Power (12.87 million yuan), and Zhi De Mai (11.47 million yuan) [1] - The top stock sold by institutional special seats was Jinkong Electric (80.34 million yuan), followed by Maiwei Co. (3.21 million yuan) [2]

Core Insights - On November 18, a block trade of 1.336 million shares of Action Education was executed, amounting to 51.0219 million yuan, which accounted for 66.66% of the total trading volume for the day. The transaction price was 38.19 yuan, representing a discount of 7.75% compared to the market closing price of 41.4 yuan [1] Trading Details - The block trade on November 18 involved multiple transactions at a price of 38.19 yuan per share, with total transaction amounts varying across different buying institutions [2][3] - The total transaction volume for the day was 1.336 million shares, with a significant portion being executed by institutional buyers [1][2] - The highest transaction amount recorded for a single buying institution was 608.75 thousand yuan, while other transactions ranged from 229.14 thousand yuan to 305.52 thousand yuan [2][3]

Core Insights - The education sector experienced a slight increase of 0.31% on November 18, with ST Kaiyuan leading the gains [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Stock Performance - ST Kaiyuan (300338) saw a closing price of 4.69, with a significant increase of 10.61% and a trading volume of 338,600 shares, resulting in a transaction value of 154 million yuan [1] - Other notable performers included ST Dongshi (603377) with a 5.10% increase, closing at 4.33, and Chuangyeti Ma (300688) with a 2.94% increase, closing at 32.22 [1] - Conversely, Kevin Education (002659) and Guomai Technology (002093) experienced declines of 2.20% and 1.48%, closing at 5.79 and 12.01 respectively [2] Capital Flow - The education sector saw a net inflow of 100 million yuan from institutional investors, while retail investors experienced a net outflow of approximately 91 million yuan [2] - The capital flow data indicates that major stocks like Kede Education (300192) and Chuangyeti Ma (300688) attracted significant net inflows of 50.16 million yuan and 45.88 million yuan respectively [3] - In contrast, stocks like Xueda Education (000526) and Angli Education (600661) faced net outflows of 1.19 million yuan and 1.49 million yuan respectively [3]