中公教育公告称，公司股东王振东所持900万股公司股份于2025年12月2日解除质押，占其所持股份比例 2.41%，占公司总股本比例0.15%，质权人为王子华。同日，王振东将这900万股再次质押给中国中信金 融资产管理股份有限公司湖南省分公司，用于质押担保。截至公告披露日，王振东持股373,242,834股， 持股比例6.05%，累计质押280,400,000股，占其所持股份比例75.13%，占公司总股本比例4.55%。 ...

证券日报网讯 12月2日，中公教育在互动平台回答投资者提问时表示，公司目前管理层团队履职正常， 核心业务经营稳定。控股股东及实控人正积极处理个人债务事宜，公司将持续关注相关进展，将严格按 照监管要求及时披露，切实维护公司及全体股东的利益。 （文章来源：证券日报） ...

Core Viewpoint - The article discusses the challenges faced by the public examination training industry, particularly focusing on the experiences of a student named Li Yi with a leading training institution, Zhong Gong Education, highlighting issues related to refund difficulties and the decline of the company's financial health [3][6][17]. Group 1: Company Overview - Zhong Gong Education is a leading provider of training services for national and provincial civil service examinations, having established itself as a benchmark in the vocational education sector since its inception in 1999 [5][20]. - The company experienced rapid revenue growth, peaking at nearly 27 billion yuan, and was once valued at over 260 billion yuan after going public in 2019 [22][23]. - The business model of "money-back guarantee" for training programs was initially seen as innovative, significantly reducing the risk for students and attracting a large number of enrollments [20][21]. Group 2: Financial Challenges - Since 2021, Zhong Gong Education has faced a continuous decline in revenue, with year-on-year decreases of 38.3%, 30.19%, 36.03%, and 14.89% from 2021 to 2024 [26]. - The company reported a total of 700 new litigation and arbitration cases from January 25 to July 15, 2025, with a total amount involved reaching 53.8 million yuan, which is 7.43% of its audited net assets for 2024 [18][19]. - The refund rate has surged, exceeding 65% since 2021, indicating that for every three payments received for guarantee programs, two had to be refunded [27]. Group 3: Operational Issues - Complaints regarding refund difficulties have become a prominent issue for Zhong Gong Education, with over 100,000 complaints related to refunds on consumer complaint platforms [17][18]. - The company has implemented a new refund policy, where students who enrolled in guarantee programs from 2022 to 2023 can only receive partial refunds, significantly extending the waiting period for refunds [33]. - The operational chaos during training sessions, including disorganized logistics and inadequate facilities, has led to dissatisfaction among students [8][10]. Group 4: Market Dynamics - The public examination training market is becoming increasingly competitive, with new entrants and alternative training methods emerging, leading to a decline in Zhong Gong Education's market share [40][41]. - The company is attempting to pivot towards AI-driven educational tools, but initial market responses have been lukewarm, and the financial impact of these new initiatives remains uncertain [42][43]. - The overall trend in the public examination sector indicates a growing number of candidates, with 2.83 million participants expected for the 2026 civil service examination, yet this has not translated into improved financial performance for Zhong Gong Education [30][33].

Market Overview - The education sector declined by 1.71% on December 2, with China High-Tech leading the drop [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Individual Stock Performance - Action Education (605098) closed at 41.39, up 0.75% with a trading volume of 7040 lots and a transaction value of 29.12 million [1] - China High-Tech (600730) closed at 12.37, down 4.85% with a trading volume of 694,800 lots and a transaction value of 860 million [2] - Other notable declines include Kewen Education (002659) down 0.63% and ST Kaien (300338) down 0.72% [1][2] Capital Flow Analysis - The education sector experienced a net outflow of 334 million from institutional investors, while retail investors saw a net inflow of 296 million [2] - The main capital inflow was observed in ST Dongshi (603377) with a net inflow of 477.96 million from retail investors [3] - Significant outflows were noted in Kewen Education (002659) with a net outflow of 12.91 million from institutional investors [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 中公教育科技股份有限公司（以下简称"中公教育"）于2025年12月1日发布公告称，公司持股5%以上股 东王振东计划在未来三个月内通过大宗交易方式减持公司股份，拟减持数量不超过1.23亿股，占公司总 股本比例约2%。此次减持主要目的为偿还其股份质押融资负债，降低股票质押风险。 减持主体及持股情况 公告显示，截至本次减持计划披露日，王振东持有中公教育股份373,242,834股，占公司总股本的 6.05%。其持有的股份来源为公司重大资产重组时定向发行的股份，该部分股份已于2021年2月1日解除 限售，相关锁定期承诺已履行完毕，本次减持计划不存在与前期持股意向、承诺不一致的情形，亦不涉 及深圳证券交易所《上市公司自律监管指引第18号——股东及董事、高级管理人员减持股份》中规定的 违规情形。 减持计划核心内容 公告解读与市场影响 公告指出，王振东本次减持的股份来源于中公教育2019年重大资产重组时定向发行的股份，相关股份自 2021年2月1日起解除限售，目前已完全具备流通条件。此次减持计划的实施，是股东基于自身财务安排 的正常操作，主要为缓解质押融资压力，降低股票质押 ...

人民财讯12月1日电，中公教育（002607）12月1日公告，持股6.05%的股东王振东拟以大宗交易方式， 减持公司股份不超过1.23亿股(占公司总股本的比例约为2%)。 ...

证券代码：002607 证券简称：中公教育 公告编号：2025-087 中公教育科技股份有限公司 关于大股东减持股份预披露公告 股东王振东保证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 1.减持原因：偿还质押融资负债，降低股票质押风险。 2.股份来源：公司重大资产重组时定向发行的股份。 3.拟减持数量：股东王振东拟减持本公司股份不超过 123,347,800 股，占公司总股 本比例约 2%。 4.减持方式：大宗交易。 5.减持期间：自本次减持计划对外披露之日起 15 个交易日后的三个月内（即 2025 年 12 月 23 日至 2026 年 3 月 22 日）（法律法规、规范性文件规定不得减持的时间除 外）。 6.减持价格：根据减持时的市场价格确定。 特别提示：持有本公司股份 373,242,834 股（占本公司总股本比例 6.05%）的股东王振东计划 自本次减持计划对外披露之日起 15 个交易日后的三个月内（即 2025 年 12 月 23 日至 2026 年 3 月 22 日）（法律法规、规范性文件规定 ...

Core Insights - The education sector experienced a rise of 1.78% on November 28, with China High-Tech leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Education Sector Performance - China High-Tech (600730) saw a significant increase of 10.03%, closing at 12.61 with a trading volume of 784,100 shares [1] - Other notable performers included: - Qiantong Education (300359) up 2.77% to 5.93 with a trading volume of 214,300 shares [1] - Zhonggong Education (002607) up 2.70% to 2.66 with a trading volume of 1,237,700 shares [1] - The overall trading volume and turnover for the education sector were substantial, indicating active market participation [1] Capital Flow Analysis - The education sector saw a net inflow of 76.38 million yuan from institutional investors, while retail investors experienced a net outflow of 82.42 million yuan [2][3] - Key stocks with significant capital inflows included: - Dou Shen Education (300010) with a net inflow of 47.70 million yuan [3] - Zhonggong Education (002607) with a net inflow of 39.39 million yuan [3] - Conversely, stocks like ST Dongshi (603377) and Kede Education (300192) faced net outflows, indicating mixed investor sentiment [2][3]

Group 1 - The seminar titled "Building a New Foundation for AI Education" was held on November 25, focusing on "restructuring educational cloud computing power" and "AI talent cultivation" [1] - The event was co-hosted by Zhonggong Education and New Era, with NVIDIA executives attending, highlighting the significance of the meeting [1] - Zhonggong Education announced the establishment of a joint venture, New Era, in October to focus on computing power platforms and AI talent ecosystems [1] Group 2 - NVIDIA executives shared global trends in computing power technology and suggested that "computing power as a service" could be a key path for the popularization of AI in education [1] - Although no specific cooperation plans were announced, the presence of NVIDIA executives provided technical endorsement for Zhonggong Education's computing power layout [1] - There are indications that the collaboration between Zhonggong Education and NVIDIA may focus on building a technology ecosystem [1] Group 3 - Tianfeng Securities believes that the layout of AI computing power could help Zhonggong Education break through traditional business limitations, but emphasizes the need to monitor the actual implementation capabilities [1] - The success of the joint venture or cooperation projects will depend on the specific progress made, and if the computing power platform can be successfully commercialized, it may reconstruct Zhonggong Education's valuation system [1] Group 4 - The construction of AI infrastructure in education is a systematic project requiring technology, content, and market-driven efforts [2] - Zhonggong Education's ability to open new business growth curves depends on its technology integration capabilities and market development efficiency [2] - New Era, as an independent AI business entity, must leverage existing resources and content advantages while establishing a business model that meets technology service and platform operation needs [2]

Group 1 - The seminar titled "Building a New Foundation for AI Education" was held on November 25, focusing on "restructuring educational cloud computing power" and "AI talent cultivation" [2] - The event was co-hosted by Zhonggong Education and New Era, with significant attention drawn due to the presence of NVIDIA executives who shared global trends in computing power technology [2] - Zhonggong Education announced the establishment of a joint venture, New Era, in October to focus on computing power platforms and AI talent ecosystems [2] Group 2 - NVIDIA's participation suggests a potential collaboration in building an educational computing power platform based on global AI computing technology [2] - Tianfeng Securities believes that the layout of AI computing power could help Zhonggong Education break through traditional business limitations, but emphasizes the need to monitor the actual implementation capabilities [2] - The construction of AI infrastructure in education is a systematic project requiring technology, content, and market-driven efforts, with Zhonggong Education's success depending on its ability to integrate technology and market development efficiency [3]