Core Viewpoint - The education sector experienced a slight decline on November 11, with a 0.0% drop, led by Dou Shen Education, while the overall market indices also fell, with the Shanghai Composite Index down 0.39% and the Shenzhen Component Index down 1.03% [1][2]. Market Performance - The education sector's performance on November 11 showed mixed results among individual stocks, with notable declines in Dou Shen Education, which fell by 1.42% to a closing price of 6.92 [2]. - Other stocks in the education sector, such as Ke De Education and ST Dong Shi, saw gains of 2.03% and 4.99%, respectively, indicating a varied performance across the sector [1][2]. Trading Volume and Capital Flow - The total trading volume for the education sector was significant, with Dou Shen Education alone accounting for a trading volume of 406,000 shares and a transaction value of 282 million yuan [2]. - The sector experienced a net outflow of 69.39 million yuan from institutional investors, while retail investors saw a net inflow of 96.57 million yuan, indicating a shift in investor sentiment [2][3]. Individual Stock Analysis - ST Dong Shi led the gains with a 4.99% increase, while Dou Shen Education was the biggest loser with a 1.42% decline [1][2]. - The capital flow analysis revealed that several stocks, including China High-Tech and Bo Rui Communication, had positive net inflows from institutional investors, while others like Xue Da Education and ST Guo Hua faced significant outflows [3].

Group 1 - The company held a shareholder meeting on November 7, 2025, in Shanghai, with all board members present [2][3] - The meeting was legally convened and conducted according to the Company Law and the company's articles of association, with resolutions deemed valid [2][7] - The board of directors proposed several resolutions, all of which were approved, including the abolition of the supervisory board and amendments to various internal regulations [4][5] Group 2 - The meeting was attended by all seven current directors and three supervisors, with the board secretary also present [3] - The resolutions passed included the revision of the board meeting rules, shareholder meeting rules, independent director work system, external investment management system, external guarantee management system, related party transaction management system, and fundraising management system [4][5] - The legal firm Beijing Zhonglun (Nanjing) Law Firm confirmed the legality and validity of the meeting and its resolutions [6][7]

ZHONG LUN LU 中倫律師事務所 特殊的普通合伙 Limited Liability Partnership 北京市中伦(南京)律师事务所 关于上海行动教育科技股份有限公司 2025 年第一次临时股东大会的 法律意见书 二〇二五年十一月 北京 · 上海 · 深圳 · 广州 · 武汉 · 成都 · 重庆·青岛 · 杭州 · 南京 · 海口 · 东京 · 香港· 伦敦 · 招拉水图 Beijing · Shanghai · Sherazhen · Guangzhou · Wahan · Chengdu · Chongabo · Hangzhou · Nanjon · Haikou · Tokyo · Hong Kong · London · Yew York · Los Angeles · San Fra 江苏省南京市鼓楼区汉中路2号亚大 36/F. Asia Pacific Business Building, 2 Hanzhong Road, Gulou District, Nanjing, Jiangsu 210005, China 电话/Tel:+8625 6951 1818 传真/Fax :+8 ...

证券代码：605098 证券简称：行动教育 公告编号：2025-032 上海行动教育科技股份有限公司 2025年第一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 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情 况： | 1、出席会议的股东和代理人人数 | 117 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 81,850,376 | | 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（%） | 68.6369 | (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，董事长李践先生主持，采用现场投票和网络投 票相结合的方式召开，符合《公司法》《证券法》《公司章程》的规定，本次会议 做出的决议合法、有效。 (一) 股东大会召开的时间：2025 年 11 月 7 日 (二) 股东大会召开的地点：上 ...

Group 1 - The company, Action Education, reported that as of October 31, 2025, it has over 7,300 shareholders [2]

Investment Rating - The report maintains an "Overweight" rating for the education industry, highlighting the potential for a "Davis Double Play" in performance and valuation recovery [3][4]. Core Insights - The education industry is experiencing a favorable environment due to policy improvements, demand recovery, and supply constraints, leading to a positive outlook for 2025 [1][2]. - The integration of AI in education is expected to enhance operational efficiency and competitiveness, benefiting leading companies in the sector [1][2][3]. Summary by Sections 1. Performance Release and Industry Outlook - The education sector's performance aligns with expectations, showing resilience amid policy improvements and demand recovery. Key players like Xueda Education and Angli Education have reported significant revenue and profit growth [1][8]. - The cash flow situation is strong, with high cash collection ratios and low debt levels across major education companies, indicating robust profitability [11][14]. - The expansion of campuses continues, with varying growth in contract liabilities among companies, reflecting ongoing market opportunities [16][17]. 2. Policy Optimization and AI Integration - Recent policies, such as the implementation of child-rearing subsidies and gradual free preschool education, are expected to stimulate education consumption and support industry growth [18][22]. - The government's focus on building a strong education system and the push for AI integration in education are set to create new opportunities for growth and innovation in the sector [22][25]. 3. Company Performance and Expectations - Key performance indicators such as new enrollments, renewal rates, average spending per student, and attendance rates are crucial for determining the profitability of education companies [34]. - The overall market environment is favorable for education companies, with a high ratio of contract liabilities to revenue, indicating strong revenue growth potential for the year [36][37]. 4. Valuation and Investment Recommendations - The report suggests that the education sector is at a turning point, with potential for both performance and valuation recovery, recommending key companies like Kevin Education and Huatu Shanding for investment [3][4].

Core Insights - The education sector experienced a slight increase of 0.35% on November 5, with Guomai Technology leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Education Sector Performance - Guomai Technology (002093) closed at 11.89, up 3.93% with a trading volume of 627,700 shares and a transaction value of 741 million [1] - Other notable performers included *ST Chuan Zhi (003032) with a 3.81% increase, and Xue Da Education (000526) with a 1.50% increase [1] - Conversely, Kevin Education (002659) saw a slight decline of 0.17%, while both Dou Shen Education (300010) and Zhong Gong Education (002607) experienced declines of 0.28% and 0.37% respectively [1][2] Capital Flow Analysis - The education sector saw a net outflow of 685,200 yuan from institutional investors, while retail investors contributed a net inflow of 1,083,120 yuan [2][3] - Guomai Technology had a net inflow of 69.57 million yuan from institutional investors, while *ST Chuan Zhi experienced a net inflow of 6.85 million yuan [3] - In contrast, Dou Shen Education and *ST Guo Hua faced significant net outflows of 3.04 million yuan and 6.32 million yuan from institutional investors respectively [3]

Group 1 - The core point of the announcement is that Action Education has declared a cash dividend of 0.5 yuan per share (tax included) for the third quarter of 2025 [1] - The record date for the dividend is set for November 6, 2025, and the ex-dividend date is November 7, 2025 [1]

证券代码：605098 证券简称：行动教育 公告编号：2025-031 上海行动教育科技股份有限公司 2025年第三季度权益分派实施公告 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。 每股分配比例 A 股每股现金红利0.5元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/11/6 | － | 2025/11/7 | 2025/11/7 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 经公司 2025 年 5 月 7 日的 2024 年年度股东大会审议通过《关于公司<2025 年 中期（包含半年度、前三季度）分红授权>的议案》，授权公司董事会决定 2025 年 中期（包含半年度、前三季度）利润分配方案并实施。故本次利润分配方案无需 提交股东大会审议。 二、 分配方案 1. 发放年度：2025年第三季度 2. 分派对象： 重要内容提示： 截至股权登记日下午上海证券交易所收市 ...

Group 1 - The company Action Education (605098.SH) announced a cash dividend distribution plan for the first half of 2025, with a total of 1.19 million shares as the basis for the distribution [1] - Each share will receive a cash dividend of 0.5 yuan (including tax), totaling 59.6256 million yuan in cash dividends to be distributed [1] - The record date for the dividend is set for November 6, 2025, and the payment date is November 7, 2025 [1]