Financial Performance - The company's operating revenue for 2024 was ¥756,828,193.65, a decrease of 23.77% compared to ¥992,814,736.73 in 2023[21] - Net profit attributable to shareholders for 2024 was ¥137,134,214.29, representing a significant increase of 334.04% from ¥31,595,015.28 in 2023[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥100,223,434.06, up 119.86% from a loss of ¥504,557,268.97 in 2023[21] - The net cash flow from operating activities for 2024 was ¥19,429,137.60, down 66.44% from ¥57,888,816.87 in 2023[21] - Basic earnings per share for 2024 increased to ¥0.0664, a rise of 290.59% from ¥0.017 in 2023[21] - Total assets at the end of 2024 were ¥2,349,848,348.82, a decrease of 20.55% from ¥2,957,745,239.00 at the end of 2023[21] - Net assets attributable to shareholders at the end of 2024 were ¥1,622,088,497.60, an increase of 68.55% from ¥962,397,810.34 at the end of 2023[21] - The company reported a total of 36,910,780.23 in net income for 2024, a decrease from 536,152,284.25 in 2023[28] - Total revenue for 2024 was ¥756,828,193.65, a decrease of 23.77% compared to ¥992,814,736.73 in 2023[75] - Revenue from the information technology services sector was ¥750,044,866.42, accounting for 99.10% of total revenue, down 23.94% from ¥986,140,910.91 in 2023[75] - Revenue from educational products and management solutions was ¥642,162,046.09, representing 84.85% of total revenue, a decline of 26.01% from ¥867,872,600.83 in 2023[75] Business Strategy and Development - The company is actively expanding its AI education business, launching its self-developed AI model "Dou Shen AI" along with associated smart learning hardware[31] - The company is focusing on integrating and accelerating the development of its education business while expanding into the AI education sector[31] - The company is aligned with national strategies to strengthen education and technology, which supports its long-term growth objectives[32] - The company aims to integrate AI technology into various educational scenarios, leading to innovative educational practices[38] - The company plans to strengthen its existing business and expand into new areas, focusing on AI education and live-streaming e-commerce as new growth points[106] - The company is committed to developing products that align with national policies, such as the "Dou Shen Mei Yu" series, to supplement in-school education[106] - The company plans to expand its new business lines, including providing training for live streamers, leveraging its educational expertise and established training systems[110] Risk Management and Compliance - The company has identified potential risks in its future development, which are detailed in the management discussion section[5] - The company emphasizes that future plans and performance forecasts do not constitute substantive commitments to investors[3] - The company faces accounts receivable risks due to long payment approval processes, with a significant portion of contract amounts (5%-10%) being retained as warranty payments for one to three years[112] - The company is concerned about potential business risks related to regulatory changes affecting live streaming platforms and the reliance on individual streamers' capabilities[113] - The company faced regulatory penalties for unclear and inaccurate disclosures, receiving a public reprimand from the Shenzhen Stock Exchange on October 20, 2022[148] - The company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws[151] Governance and Management - The company has established a market value management system to enhance investor returns and protect shareholder rights[116] - The company has conducted two shareholder meetings during the reporting period, ensuring equal treatment of all shareholders and their rights to participate in decision-making[120] - The company held 6 board meetings during the reporting period, ensuring compliance with legal and regulatory requirements[122] - The supervisory board convened 4 times, with all supervisors attending and fulfilling their responsibilities[124] - The company has established a performance evaluation system that combines quantitative and qualitative assessments for employees[125] - The company designated a board secretary to manage investor relations, ensuring timely communication and information disclosure[128] - The company maintains independence in assets, personnel, finance, and operations from its controlling shareholders[130] - The company has a complete and independent personnel management system, ensuring separation of employee compensation from controlling shareholders[131] - The company has established a clear governance structure with a board of directors, supervisory board, and various committees[130] Employee and Organizational Structure - The total number of employees at the end of the reporting period was 896, with 24 in the parent company and 812 in major subsidiaries[166] - Employee compensation totaled 67.1284 million yuan, accounting for 16.29% of the company's total costs[169] - The company has a structured salary policy that includes basic salary, performance salary, and annual performance bonuses based on individual and company performance[168] - The educational background of employees includes 3 with PhDs, 36 with master's degrees, 514 with bachelor's degrees, and 343 with associate degrees or below[167] - The company has implemented a one-year training program for new graduates to facilitate their transition into the workforce[170] Research and Development - R&D investment amounted to ¥52,523,893.95, representing 6.94% of operating revenue, up from 4.22% in the previous year[88] - The capitalized R&D expenditures reached ¥47,908,091.37, making up 91.21% of total R&D investment[88] - The company has developed a proprietary AI teaching engine based on domestic large model technology, significantly improving course production efficiency and teaching quality[39] - The company has built a strong AI team, completing advanced model graphs and algorithms in the field of language and literature education[70] Market Presence and Revenue Streams - The company achieved revenue of 258.64 million yuan from live e-commerce, including 87.55 million yuan from arts education services and 24.24 million yuan from AI education services[49] - The company is expanding its cultural tourism and research study business, offering diverse travel study programs that combine cultural education with travel experiences[45] - The company has a strong emphasis on developing a multi-dimensional smart education environment for various educational institutions[41] - The company has established strong partnerships with well-known figures in family education, enhancing product exposure and sales conversion rates through joint live broadcasts[49] Financial Management and Audit - The company reported a total remuneration of 7.7985 million yuan for directors, supervisors, and senior management during the reporting period[153] - The remuneration structure for senior management includes a base salary and performance-based pay, with the total remuneration linked to responsibilities and company performance[152] - The company held multiple board meetings during the reporting period, with significant decisions made on January 4, April 24, and May 24, 2024[156] - The board reviewed the audit report for the fiscal year 2024 and confirmed that the emphasis of matter paragraph does not affect the validity of the financial report[196] - The board reviewed the audit report for the fiscal year 2024 issued by Deloitte Touche Tohmatsu, which included an emphasis of matter paragraph but did not affect the validity of the financial report[197] - The remuneration for the domestic accounting firm Deloitte Touche Tohmatsu is 1 million RMB, and the continuous service period is 1 year[199]

豆神教育科技（北京）股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日召开第六届董事会第五次会议，审议通过了《关于择期召开 2024 年年度股东 大会的议案》，公司将根据相关规定择期召开 2024 年年度股东大会，公司董事 会将另行发布召开股东大会的通知，具体议案内容、股东大会时间、地点等信息 以实际公告的股东大会通知为准。 特此公告。 豆神教育科技（北京）股份有限公司董事会 豆神教育科技（北京）股份有限公司 关于择期召开 2024 年年度股东大会的公告 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。 证券代码：300010 证券简称：豆神教育 公告编号：2025-017 2025年4月28日 ...

【1】北京海淀查处2起涉嫌违规组织学科培训情况 4月21日，据"首都教育"微信公众号消息，近期，海淀区"双减"专班针对违规学科培训密集开展执法检 查，同时核实处置问题线索，依法严厉打击面向中小学生的各类违规学科培训行为。现查处2起涉嫌违 规组织学科培训情况，其中，杨某某以个人名义使用北京市海淀区中关村大街27号中关村大厦816室， 涉嫌违规组织开展线下学科培训。石某某，以个人名义使用北京市海淀区长春桥路5号新起点嘉园12号 楼，涉嫌违规组织开展线下学科培训。 近日，科大讯飞深度推理大模型"讯飞星火X1"迎来升级。升级后的"讯飞星火X1"在数学、代码、逻辑 推理、文本生成、语言理解、知识问答等通用任务上效果显著提升，在模型参数比业界同类模型小一个 数量级的情况下，整体效果对标OpenAlo1和DeepSeek R1。 【5】山东潍坊：推进乡村学校"五项全覆盖"工程 近年来，山东省潍坊市大力实施乡村学校"五项全覆盖"工程，让义务教育阶段乡村学校基本实现"在校 午餐午休、塑胶操场、清洁厕所、触控一体机教室、标准化校车"五项齐全，有效推动全市义务教育优 质均衡发展。 【6】科大讯飞2025年一季度净亏损1.93亿元 ...

证券代码：300010 证券简称：豆神教育 公告编号：2025-003 豆神教育科技（北京）股份有限公司 关于公司控股股东、实际控制人部分股份解除质押的公告 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、误导性陈述或者重大遗漏。 豆神教育科技（北京）股份有限公司（以下简称"公司"）于2025年4月21 日接到公司控股股东、实际控制人窦昕先生的通知，获悉其将所持有的部分公司 股份办理了解除质押手续，具体事项如下： 2、《证券质押及司法冻结明细表》。 下： | 股东名称 | 持股数量 | 持股 | 累计质押数 | 占其所持 | 已质押股份情况 | | 未质押股份情况 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | （股） | 比例 | 量（股） | 股份比例 | | | | | | | | | | | 已质押股份限 | 占已质押 | 未质押股份限 | 占未质押 | | | | | | | 售数量（股） | 股份比例 | 售数量（股） | 股份比例 | | 窦昕 | 378,068,362 | 18.29% ...

资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子每月调整一次，调整实施时间为每月第二个星期五的下一交易日。特殊情况下将对指 数进行临时调整。当样本退市时，将其从指数样本中剔除。样本公司发生收购、合并、分拆等情形的处 理，参照计算与维护细则处理。 从指数持仓来看，中证全球中国教育主题指数十大权重分别为：好未来（16.41%）、新东方-S （11.74%）、中公教育（8.5%）、拓维信息（7.33%）、科大讯飞（4.91%）、视源股份（4.87%）、优 必选（4.78%）、新开普（3.89%）、豆神教育（3.85%）、国脉科技（3.03%）。 从中证全球中国教育主题指数持仓的市场板块来看，深圳证券交易所占比54.67%、香港证券交易所占 比23.25%、纽约证券交易所占比18.13%、上海证券交易所占比3.95%。 从中证全球中国教育主题指数持仓样本的行业来看，可选消费占比53.37%、信息技术占比35.91%、通 信服务占比4.90%、工业占比3.96%、原材料占比1.86%。 金融界4月11日消息，上证指数低开高走，中证全球中国教育主题指数 (中国 ...

Investment Rating - The report maintains a positive investment outlook for the AI+Education industry, particularly highlighting companies with strong research and product capabilities that are early adopters of AI technology [2][3]. Core Insights - The AI+Education sector is experiencing significant growth, driven by advancements in AI technology, supportive policies, and a strong demand for personalized learning solutions. Companies like Duolingo and Bean Education are leading the way with innovative AI features that enhance user experience and increase user value [2][7]. - The report emphasizes the importance of both hardware and software applications in the AI+Education landscape, noting that the integration of AI into educational tools is expanding rapidly across various learning scenarios [46][62]. Summary by Sections Industry Overview - The AI+Education industry is evolving from traditional online education, with a clear trajectory towards more interactive and personalized learning experiences. Companies that have established a strong brand presence and research capabilities are well-positioned to capitalize on the increasing penetration of AI in education [13][14]. Development Drivers - Key factors driving the growth of AI+Education include a broad user base with a strong willingness to pay, supportive government policies promoting equitable access to educational resources, and technological advancements that reduce costs and improve the functionality of educational tools [29][33]. Application Scenarios - The report categorizes AI applications in education into hardware and software dimensions. In the hardware sector, smart learning devices are gaining traction, particularly in the wake of regulatory changes that limit traditional tutoring methods. In the software sector, AI-powered learning apps are emerging, offering personalized learning paths and automated grading features [46][62]. Company Insights - Duolingo is highlighted for its gamified approach and rapid user growth, with innovative features like AI-driven video calls enhancing user engagement. The company reported a DAU of 40.5 million in Q4 2024, a 51% year-over-year increase [2][69]. - Bean Education is noted for its AI capabilities that enhance user experience and increase customer value through personalized learning solutions. The company is actively exploring partnerships to develop next-generation educational products [2][69]. - Other companies such as Good Future and Youdao are also making significant strides in integrating AI into their educational offerings, with a focus on enhancing existing products and launching new applications [2][69].

Financial Performance - The estimated net profit for 2024 is projected to be between 145 million and 185 million CNY, representing a year-on-year increase of 358.93% to 485.54% compared to 31.60 million CNY in the previous year[3] - The estimated net profit after deducting non-recurring gains and losses is expected to be between 119 million and 154 million CNY, compared to a loss of 504.56 million CNY in the previous year[3] - The estimated non-recurring gains and losses for 2024 are approximately 26 million to 31 million CNY, primarily from funds occupied by non-financial enterprises and losses from debt restructuring[6] Corporate Restructuring - The company completed a bankruptcy restructuring at the end of 2023, leading to comprehensive optimization in governance structure, asset-liability structure, development strategy, and main business[5] - Financial expenses significantly decreased year-on-year as the company cleared interest-bearing debts during the bankruptcy restructuring[6] Operational Improvements - The company enhanced its art education services by upgrading teaching methods and incorporating artificial intelligence applications, resulting in an increase in gross profit margin compared to the previous year[5] - Management expenses decreased compared to the same period last year due to the disposal of non-core assets and optimization of internal governance[6] - The company successfully recovered some receivables through various means, increasing liquidity and reversing credit impairment losses significantly during the reporting period[6] Investor Guidance - The performance forecast has not been audited by certified public accountants, but there are no significant discrepancies between the company and the accounting firm regarding the forecast[4] - Investors are advised to make cautious decisions as the financial data will be finalized in the 2024 annual report[7]

甬兴证券有限公司 关于 窦昕收购豆神教育科技（北京）股份有限公司 之 持续督导总结报告 财务顾问 二〇二五年一月 声明 2023 年 7 月 10 日，上市公司与重整投资人窦昕、浙文互联、北京福石、玖 仲睿合签订了《重整投资协议》。 2023 年 12 月 18 日，公司召开债权人会议表决通过了《重整计划（草 案）》，同日，公司召开出资人组会议表决通过了《豆神教育科技（北京）股 份有限公司重整计划（草案）之出资人权益调整方案》。同日，北京一中院出 具（2023）京 01 破申 393 号《民事裁定书》，裁定批准《重整计划》，并终止 豆神教育重整程序。根据《重整计划》，出资人权益调整方案涉及资本公积转 增股份，以豆神教育原有总股本为基数，按每 10 股转增 13.8 股的比例实施资 本公积转增股份，共计转增 1,198,288,012 股股份。转增后，豆神教育的总股本 将由 868,324,647 股增加至 2,066,612,659 股。上述资本公积转增的股份 1,198,288,012 股不向原股东分配，该转增股份中 902,125,385 股由重整投资人有 条件受让。重整投资人需提供投资款 1,096,7 ...

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、误导性陈述或者重大遗漏。 证券代码：300010 证券简称：豆神教育 公告编号：2024-082 豆神教育科技（北京）股份有限公司 关于部分限售股份上市流通的提示性公告 特别提示： 1、豆神教育科技（北京）股份有限公司（以下简称"公司"）本次解除限 售股份数量为 535,780,051 股，占公司总股本的 25.9255%； 2、本次限售股份可上市流通日为 2024 年 12 月 30 日（周一）； 3、本次限售股份解除限售是股东对该等股份所作的限售承诺期届满的例行 信息披露，并不代表股东对该等股份的减持计划。 一、公司发行股份情况 2023 年 12 月 28 日，公司收到北京市第一中级人民法院送达的（2023）京 01 破 393 号之一《民事裁定书》，裁定确认《豆神教育科技（北京）股份有限 公司重整计划》（以下简称《重整计划》）执行完毕并终结公司重整程序。 根据《重整计划》规定的出资人权益调整方案，以豆神教育当时总股本为 基数，按每 10 股转增 13.8 股的比例实施资本公积转增股份，共计转增产生 1,198,288,012 股 ...

证券代码：300010 证券简称：豆神教育 公告编号：2024-081 豆神教育科技（北京）股份有限公司 关于收到中国证券监督管理委员会立案告知书的公告 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、误导性陈述或者重大遗漏。 2024年12月20日 豆神教育科技（北京）股份有限公司（以下简称"公司"）于近日收到中国 证券监督管理委员会（以下简称"中国证监会"）《立案告知书》（编号：证监 立案字0142024030号），因涉嫌信息披露违法违规，根据《中华人民共和国证券 法》《中华人民共和国行政处罚法》等法律法规，中国证监会决定对公司进行立 案。 公司收到《立案告知书》后，就上述立案调查事项的自查情况说明如下： 1. 2024年8月16日，公司披露了《关于公司累计诉讼、仲裁情况的公告》（公 告编号：2024-053），对相关诉讼、仲裁事项进行了补充披露。截至目前，公司 已进行积极整改，公司将依法履行相关信息披露义务。 2. 目前，公司各项生产经营活动均正常开展，该事项不会对公司生产经营产 生重大影响。 立案调查期间，公司将积极配合中国证监会的相关工作，同时严格按照监管 要求履行信息披露 ...