关于监事亲属短线交易及致歉的公告 证券代码：003032 证券简称：传智教育 公告编号：2024-051 江苏传智播客教育科技股份有限公司 二、公司采取的措施 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 公司知悉此事后高度重视，即刻安排专人核查并处理相关情况，采取的具体 措施如下： 近日，江苏传智播客教育科技股份有限公司（以下简称"公司"）获悉公司 监事苏小粉女士的配偶王文海先生将其持有的公司股票在买入后六个月内卖出， 存在短线交易行为，现将有关情况公告如下： 1、根据《中华人民共和国证券法》第四十四条规定："上市公司、股票在国 务院批准的其他全国性证券交易场所交易的公司持有百分之五以上股份的股东、 董事、监事、高级管理人员，将其持有的该公司的股票或者其他具有股权性质的 证券在买入后六个月内卖出，或者在卖出后六个月内又买入，由此所得收益归该 公司所有，公司董事会应当收回其所得收益。""前款所称董事、监事、高级管理 一、本次短线交易的具体情况 经王文海先生确认，其在近六个月内对公司股票的具体交易情况如下： | 序号 | | | 交易时间 | | | | 交易 ...

股价（2024年09月03日） 8.59 元 目标价格 9.28 元 52 周最高价/最低价 20.91/7.76 元 总股本/流通 A 股（万股） 40,245/27,347 A 股市值（百万元） 3,457 国家/地区 中国 行业 传媒 报告发布日期 2024 年 09 月 04 日 1 周 1 月 3 月 12 月 绝对表现% 4.63 -1.72 -7.93 -31.89 相对表现% 5.6 1.56 0.86 -18.23 沪深 300% -0.97 -3.28 -8.79 -13.66 项雯倩 021-63325888*6128 xiangwenqian@orientsec.com.cn 执业证书编号：S0860517020003 香港证监会牌照：BQP120 李雨琪 021-63325888-3023 liyuqi@orientsec.com.cn 执业证书编号：S0860520050001 香港证监会牌照：BQP135 杨妍 yangyan3@orientsec.com.cn 执业证书编号：S0860523030001 公司主要财务信息 2022A 2023A 2024E 2025E 2026 ...

Investment Rating - Maintains a "Buy" rating for Chuanzhi Education (003032 SZ) [1][4][7] Core Views - 2024H1 revenue was RMB 111 million, down 65 03% YoY, with net profit attributable to the parent company turning to a loss of RMB -34 22 million [1][4] - 2024Q2 revenue was RMB 60 43 million, down 66 14% YoY, with net profit attributable to the parent company turning to a loss of RMB -18 22 million [4] - Expected net profit attributable to the parent company for 2024-2026 is RMB 27 million, RMB 70 million, and RMB 108 million, respectively, with 2025 and 2026 P/E ratios of 46 50X and 30 06X [1][7] Business Performance and Strategy - Weak demand in the IT job market has led to a decline in student enrollment, impacting revenue [8] - Short-term training revenue accounted for 90% of total revenue at RMB 99 42 million, down 67 33% YoY, while non-degree higher education revenue was RMB 2 87 million, down 54 86% YoY [8] - The company is strengthening cost control by optimizing staff structure and reducing rental expenses, but gross and net profit margins remain under pressure [8] - Chuanzhi Education is expanding into academic vocational education, with the Suqian Chuanzhi Internet Vocational School already enrolling nearly 500 students and the Datong Data Technology Vocational College under construction [7] Industry and Competitive Positioning - The IT training industry is highly competitive with fast technological iterations, but Chuanzhi Education is well-positioned to capitalize on market recovery due to its strong R&D capabilities and brand reputation [8] - The company has launched new courses in integrated circuit application development and e-commerce visual design, and introduced a standalone course for HarmonyOS application development in early 2024 [8] Financial Projections - Forecasted revenue for 2024-2026 is RMB 376 million, RMB 538 million, and RMB 659 million, respectively [12] - Expected EPS for 2024-2026 is RMB 0 07, RMB 0 17, and RMB 0 27, respectively [12] - The company's net profit margin is projected to improve from 7 1% in 2024 to 16 4% in 2026 [12]

证券研究报告 资料来源：Wind 传智教育 (003032 CH) 关注学历职业教育拓展 华泰研究 中报点评 投资评级(维持): 持有 目标价(人民币): 8.35 2024年8月30日│中国内地 业绩符合预告，关注学历职业教育拓展 传智教育 24H1 年实现营收 1.11 亿元（yoy-65.03%），收入下降系外部环 境影响下学员报名人数减少所致。24H1 归母净亏损为 3422 万元（上年同 期为净利润 7709 万元），与业绩预告相符。我们预计短期内非学历培训业 务仍有压力，下调公司 24/25/26 年归母净利润预测至-0.56/-0.12/0.41 亿 元（前值：1.11/1.53/2.22 亿元）。我们建议持续关注公司在学历职业教育 领域的布局和招生进展，大同学校建立后有望改善公司整体现金流稳健 性。我们采用 DCF 估值法，WACC 为 8.77%，永续增长率 2%，目标价 8.35 元，维持"持有"评级。 非学历职业培训需求暂时承压，完善学历教育布局强化抗风险能力 非学历职业培训需求受外部环境影响较大，24H1 公司短期培训/非学历高等 教育业务收入分别同比-67.33%/-54.86%，主 ...

江苏传智播客教育科技股份有限公司 关于公司及相关人员收到江苏证监局警示函的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 近日，江苏传智播客教育科技股份有限公司（以下简称"公司"）收到中国 证券监督管理委员会江苏监管局出具的行政监管措施决定书《江苏证监局关于对 江苏传智播客教育科技股份有限公司、黎活明、徐淦海采取出具警示函措施的决 定》(〔2024〕165 号，以下简称"警示函")，现将主要内容公告如下： 一、警示函的主要内容 公司、黎活明、徐淦海： 证券代码：003032 证券简称：传智教育 公告编号：2024-050 经查，按照《企业会计准则第 8 号——资产减值》第五条和第六条的规定， 公司在 2023 年三季报中，未关注到沭阳校区使用权资产存在减值迹象并进行减 值测试，导致公司 2023 年三季报财务报表中使用权资产、资产减值损失等会计 科目列报金额不准确。 公司上述行为违反了《上市公司信息披露管理办法》(证监会令第 182 号) 第三条第一款的规定。公司董事长兼总经理黎活明、公司时任财务总监徐淦海未 能忠实、勤勉地履行职责，违反了《上市公司信息 ...

Financial Performance - The company reported a total revenue of 100 million CNY for the first half of 2024, reflecting a year-on-year increase of 20%[4]. - The company has set a revenue guidance of 250 million CNY for the full year 2024, representing a 25% increase compared to 2023[4]. - The company's operating revenue for the reporting period was ¥111,355,147.64, a decrease of 65.03% compared to the same period last year[13]. - The net profit attributable to shareholders of the listed company was -¥34,224,689.12, representing a decline of 144.40% year-on-year[13]. - The net cash flow from operating activities was -¥63,560,318.64, down 272.13% from the same period last year[13]. - The basic earnings per share were -¥0.09, a drop of 147.37% year-on-year[13]. - The total revenue for the first half of 2024 was 106,112,542.11 CNY, a decrease of 66.22% compared to the same period last year[38]. - The gross profit margin for training services was 30.10%, down 28.46% year-on-year[38]. - The company reported a significant decrease in revenue across all regions, with East China down 70.38% and North China down 55.34%[38]. - The company reported a comprehensive loss of -34,224,689.12 CNY for the first half of 2024, reflecting ongoing challenges in profitability[109]. User Engagement and Market Expansion - User data indicates a growth in active users by 15%, reaching a total of 500,000 users by June 30, 2024[4]. - The company plans to expand its market presence in three new provinces, aiming for a 10% market share in these regions by 2025[4]. - The company continues to focus on expanding its educational technology offerings and enhancing user engagement through innovative solutions[8]. - The company is committed to improving its financial performance and exploring new strategies for market expansion and product development[8]. Product Development and Innovation - New product launches are expected to contribute an additional 30 million CNY in revenue by the end of 2024[4]. - The management emphasized the importance of digital transformation in driving future growth, particularly in AI and big data sectors[4]. - The company has launched a comprehensive high school class, with the first cohort set to enroll in September 2024[19]. - The company launched new courses in integrated circuit application development (including embedded systems) and e-commerce visual design in 2023, with a focus on training talent for market shortages[22]. - The "Harmonious Application Development" course aims to cultivate engineers skilled in core technologies of the Harmony ecosystem, covering 11 major projects across eight fields[22]. Research and Development - Research and development expenses increased by 18%, totaling 15 million CNY, focusing on digital talent training programs[4]. - Research and development expenses were ¥27,002,757.20, a decrease of 10.19% from ¥30,066,491.29, reflecting ongoing investment in core technology[36]. - The company plans to enhance its research and development efforts to introduce innovative educational technologies in the upcoming quarters[104]. Financial Position and Assets - The total assets at the end of the reporting period were ¥1,679,036,402.21, a decrease of 0.81% from the end of the previous year[13]. - The net assets attributable to shareholders of the listed company were ¥1,352,095,052.14, down 0.18% from the previous year[13]. - The company's cash and cash equivalents increased to CNY 897,464,542.71 from CNY 802,591,475.42, representing a growth of approximately 11.8%[103]. - The total liabilities decreased to CNY 326,941,350.07 from CNY 338,191,420.61, reflecting a reduction of approximately 3.5%[103]. Risks and Challenges - The management highlighted potential risks including market competition and regulatory changes, with strategies in place to mitigate these risks[3]. - The company faces risks from external environmental fluctuations that may impact the demand for employment-oriented vocational education[51]. - There is a risk of decreased market demand for digital talent due to potential systemic risks in various industries undergoing digital transformation[52]. - The company faces intensified competition in the digital talent vocational education sector as more competitors enter the market[53]. Educational Initiatives and Partnerships - The company has trained over 300,000 digital talents, enhancing employment capabilities and contributing to the local digital economy[18]. - The company has become an authorized training partner for Alibaba Cloud and signed a cooperation agreement with Huawei for HarmonyOS talent ecosystem[21]. - The company has established partnerships with over 2,600 universities for course content and teaching support, and over 700 universities for employment training cooperation[72]. - The company has developed a robust instructor training mechanism, ensuring high-quality teaching through a five-step selection and training process[32]. Shareholder Information - The company did not distribute cash dividends or bonus shares for the half-year period, nor did it increase capital stock from capital reserves[63]. - The employee stock ownership plan involved 70 senior management and core personnel, holding a total of 3,658,700 shares, which accounted for 0.91% of the company's total equity[64]. - The total number of shares before the recent change was 402,447,500, with 56.74% being restricted shares and 43.26% being unrestricted shares[93]. - The company has not implemented any share buyback or reduction strategies during this reporting period[94]. Compliance and Governance - The financial statements have been prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance and transparency[116]. - The company continues to operate under the assumption of going concern, with no significant doubts regarding its ability to continue operations for the next 12 months[117]. - The company has maintained a good integrity status, with no unfulfilled obligations or significant overdue debts[78].

证券代码：003032 证券简称：传智教育 公告编号：2024-046 江苏传智播客教育科技股份有限公司 第三届监事会第十六次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 具体内容详见公司披露于巨潮资讯网（http://www.cninfo.com.cn）的《2024 年半年度报告》及《2024 年半年度报告摘要》。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 （二）审议通过《关于 2024 年半年度募集资金存放与使用情况的专项报告 的议案》； 一、监事会会议召开情况 江苏传智播客教育科技股份有限公司（以下简称"公司"）第三届监事会第 十六次会议于 2024 年 8 月 18 日以电子邮件等形式发出会议通知，于 2024 年 8 月28日14:00在北京市昌平区建材城西路金燕龙写字楼会议室以现场方式召开。 会议应出席监事3名，实际亲自出席监事3名。会议由监事会主席王平女士主持。 会议的召集、召开符合《中华人民共和国公司法》等法律法规及《公司章程》的 有关规定。 二、监事会会议审议情况 本次会议审议并通过如下议案： （一）审议通过《关于 ...

股东天津田长企业管理咨询合伙企业（有限合伙）、天津乐邦企业管理咨 询合伙企业（有限合伙）、天津人欢企业管理咨询合伙企业（有限合伙）、天 津合鼎企业管理咨询合伙企业（有限合伙）、天津地宽企业管理咨询合伙企业 （有限合伙）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。 2024 年 4 月 18 日，江苏传智播客教育科技股份有限公司（以下简称"公司"） 披露了《关于股东股份减持计划的预披露公告》（公告编号：2024-031），公司 上市前股权激励平台天津田长企业管理咨询合伙企业（有限合伙）（以下简称"天 津田长"）、天津乐邦企业管理咨询合伙企业（有限合伙）（以下简称"天津乐 邦"）、天津人欢企业管理咨询合伙企业（有限合伙）（以下简称"天津人欢"）、 天津合鼎企业管理咨询合伙企业（有限合伙）（以下简称"天津合鼎"）、天津 地宽企业管理咨询合伙企业（有限合伙）（以下简称"天津地宽"）计划在上述 公告披露之日起 15 个交易日后的连续 90 个自然日内合计减持数量不超过 12,073,425 股（即不超过公司总股本 ...

证券代码：003032 证券简称：传智教育 公告编号：2024-043 江苏传智播客教育科技股份有限公司 关于收到政府补助的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、获取补助的基本情况 根据沭阳县人民政府制定的《县政府关于加快服务业转型发展的实施意见》 （沭政发[2015]37 号），江苏传智播客教育科技股份有限公司（以下简称"公 司"）近日实际收到沭阳软件园管理委员会的企业扶持资金，共计现金 193.00 万元，占公司最近一期经审计净利润的 12.35%，属于与日常活动无关的政府补 助。 根据《企业会计准则第 16 号-政府补助》的规定，与资产相关的政府补助， 是指企业取得的、用于购建或以其他方式形成长期资产的政府补助。与收益相关 的政府补助，是指除与资产相关的政府补助之外的政府补助。公司本次获得的政 府补助不用于购建固定资产或以其他方式形成长期资产，故为与收益相关的政府 补助。 （二）补助的确认和计量 根据《企业会计准则第 16 号-政府补助》的规定，与收益相关的政府补助， 用于补偿企业以后期间的相关成本费用或损失的，确认为递延收益，在确认 ...

江苏传智播客教育科技股份有限公司 一、本期业绩预计情况 预计净利润为负值。 本次业绩预告数据未经会计师事务所审计。 公司 2024 年半年度归属于上市公司股东的净利润预计为负值，主要原因为： 本次业绩预告数据是公司财务部门初步测算的结果，具体财务数据将以公司 披露的 2024 年半年度报告为准。 证券代码：003032 证券简称：传智教育 公告编号：2024-042 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 （二）业绩预告情况 二、与会计师事务所沟通情况 三、业绩变动原因说明 面对外部环境的变动，公司积极调整业务布局，落实降本增效措施，保持对 技术研发的投入强度，加强对于新技术、新课程的宣传推广，努力提升在读学员 的就业成果及潜在学员的就业信心，在持续深耕主业的同时谋求更广阔的产业布 局。未来公司将继续为国家培养高素质技术技能人才，与国内顶尖企业紧密合作、 并肩作战，促进国产新技术的发展和普及，为国家科技生态的繁荣发展贡献力量。 特此公告。 2024 年 7 月 12 日 2024 年半年度业绩预告 （一）业绩预告期间 2024 年 1 月 1 日至 2 ...