挤水基墨生产工艺流程 与颜料相比，挤水基墨重量较大，运输成本较高；通用性较低；具有更优异的鲜艳度、透明度及较高的 着色力；且不产生粉尘，环保性较高。对于下游客户而言，挤水基墨简化了油墨企业的生产工序；解决 油墨企业客户废水处理能力不足的问题。 颜料和挤水基墨特点对比 内容概要：挤水基墨是颜料制备油墨过程中形成的中间产品，相较于颜料，向油墨客户提供挤水基墨可 以简化其生产工序，减少其污染物产生量，提高其产量及生产效率，同时解决中小型油墨企业挤水基墨 生产规模受限、废水处理能力不足、粉尘污染等一系列问题。目前，挤水基墨已在国外得到广泛应用， 如美国约有80%的油性油墨是用挤水基墨生产而成的。而在中国，受运输成本等因素，国内油墨企业仍 以采购颜料为主，挤水基墨需求较少。数据显示，2020年以来，受市场需求疲软影响，中国挤水基墨行 业市场规模呈现下降趋势，到了2025年行业市场规模达到3.2亿元，同比小幅上涨1.9%。 相关上市企业：联合化学（301209）、杭华股份（688571）、科德教育（300192）、信凯科技 （001335）、百合花（603823）、双乐股份（301036）、七彩化学（300758）、东方 ...

| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300010 | 豆神教育 | 5021.06万 | 5.23% | -1642.66万 | -1.71% | -3378.40万 | -3.52% | | 600730 | 中国高科 | 2569.64万 | 9.58% | -241.40万 | -0.90% | -2328.24万 | -8.68% | | 300359 | 全通教育 | 526.57万 | 4.72% | -339.85万 | -3.04% | -186.72万 | -1.67% | | 002607 | 中公教育 | 523.90万 | 0.61% | -2598.82万 | -3.01% | 2074.92万 | 2.40% | | 600661 | 昂立教育 | 167.71万 | 1.57% | 770.45万 | 7.22% | -938.16万 | -8.79% | | 605098 ...

| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600661 | 昂立教育 | 1731.05万 | 20.71% | -366.37万 | -4.38% | -1364.68万 | -16.32% | | 600880 博瑞传播 | | 1408.57万 | 3.16% | 368.21万 | 0.83% | -1776.78万 | -3.98% | | 600730 中国高科 | | 1175.69万 | 4.37% | 575.88万 | 2.14% | -- - 1751.58万 | -6.51% | | 003032 | *ST传智 | -111.11万 | -2.67% | -69.85万 | -1.68% | 180.96万 | 4.35% | | 605098 行动教育 | | -165.45万 | -4.46% | 135.95万 | 3.67% | 29.50万 | 0.80% | | 603377 ...

证券之星消息，1月27日教育板块较上一交易日上涨0.38%，凯文教育领涨。当日上证指数报收于 4139.9，上涨0.18%。深证成指报收于14329.91，上涨0.09%。教育板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002659 | 凯文教育 | 6.80 | 4.62% | 89.80万 | 6.14亿 | | 002607 | 中公教育 | 2.98 | 2.41% | 292.65万 | 8.67亿 | | 300338 | ST开元 | 3.60 | 2.27% | 13.66万 | 4943.39万 | | 600880 | 博瑞传播 | 6.09 | 1.16% | 54.18万 | 3.23亿 | | 300010 | 豆神教育 | 7.53 | 0.94% | 83.32万 | 6.21亿 | | 600730 | 中国高科 | 10.53 | 0.29% | 21.97万 | 2.28亿 | | 003032 | *ST传智 | 6.70 | 0. ...

从资金流向上来看，当日教育板块主力资金净流出4.41亿元，游资资金净流入6325.94万元，散户资金净 流入3.77亿元。教育板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600730 | 中国高科 | 10.50 | -6.00% | 42.04万 | 4.52亿 | | 300192 | 科德教育 | 21.75 | -4.52% | 19.34万 | 4.29亿 | | 300010 | 豆神教育 | 7.46 | -4.36% | 138.59万 | 10.48 乙 | | 002607 | 中公教育 | 2.91 | -3.64% | 285.24万 | 8.41亿 | | 002093 | 国脉科技 | 11.55 | -2.61% | 31.99万 | 3.71亿 | | 000526 | 学大教育 | 39.47 | -2.59% | 2.20万 | 8763.22万 | | 600880 | 博瑞传播 | 6.02 | -2.11% | 59.13万 ...

证券之星消息，1月20日教育板块较上一交易日下跌1.21%，科德教育领跌。当日上证指数报收于 4113.65，下跌0.01%。深证成指报收于14155.63，下跌0.97%。教育板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600730 | 中国高科 | 11.29 | 0.89% | 27.06万 | | 3.03亿 | | 600661 | 昂立教育 | 10.74 | 0.75% | 5.41万 | | 5770.10万 | | 002607 | 中公教育 | 2.95 | 0.34% | 235.43万 | | 2996.9 | | 300359 | 全通教育 | 5.63 | 0.18% | 14.84万 | | 8327.04万 | | 600880 | 博瑞传播 | 5.81 | 0.00% | 65.95万 | | 3.85亿 | | 000526 | 学大教育 | 40.36 | -0.30% | 1.53万 | | 6168.81万 | ...

Core Viewpoint - Kede Education's stock price has shown fluctuations with a recent increase of 2.39%, while the company faces a decline in revenue and net profit for the year 2025 [1][2]. Group 1: Stock Performance - As of January 19, Kede Education's stock price reached 23.53 CNY per share, with a market capitalization of 7.745 billion CNY [1]. - The stock has increased by 11.36% year-to-date, but has seen a slight decline of 0.51% over the past five trading days [1]. - Over the last 20 days, the stock price has risen by 13.12%, and over the last 60 days, it has increased by 35.31% [1]. Group 2: Financial Performance - For the period from January to September 2025, Kede Education reported a revenue of 557 million CNY, representing a year-on-year decrease of 3.64% [2]. - The net profit attributable to the parent company for the same period was approximately 92.45 million CNY, down 12.98% year-on-year [2]. Group 3: Shareholder Information - As of January 9, the number of shareholders for Kede Education increased by 4.95% to 38,600, with an average of 8,403 circulating shares per shareholder, a decrease of 4.72% [2]. - The company has distributed a total of 389 million CNY in dividends since its A-share listing, with 237 million CNY distributed over the past three years [3]. - As of September 30, 2025, Hong Kong Central Clearing Limited is the fourth largest circulating shareholder, having newly acquired 2.3997 million shares [3].

Investment Rating - Investment rating: Positive (maintained) [1] Core Insights - The luxury goods retail revenue in China is showing signs of recovery, with high-end brands like LVMH, Hermès, and Prada experiencing positive growth since Q2 2025 [15][16] - The global network literature market is witnessing rapid growth, particularly in Latin America, with WebNovel reaching nearly 400 million cumulative users by October 2025 [34][35] - The micro-drama and comic-drama market in China is projected to exceed 100 billion yuan in 2025, significantly surpassing the film box office revenue [37][38] - The probiotic market is expanding, with a focus on next-generation probiotics (NGPs) like AKK bacteria, which show significant potential in health applications [55][63] Summary by Sections 1. Duty-Free Shopping - Post-New Year duty-free shopping in Hainan shows strong growth, with sales reaching 3.89 billion yuan and a 49.6% year-on-year increase in shopping amount [31][33] - The high net worth individuals are expected to drive luxury consumption, with a notable increase in spending on preservation-type luxury goods [15][16] 2. Network Literature - The Chinese network literature market reached 49.55 billion yuan in 2024, with a 29.37% year-on-year growth, while the overseas market grew by 10.68% [34] - WebNovel has cultivated nearly 530,000 authors and over 820,000 original works, with a significant increase in user engagement [34][35] 3. Micro-Drama - The micro-drama and comic-drama market in China is expected to reach 100 billion yuan in 2025, with a 98% year-on-year growth [37][38] - The user base for micro-dramas is approaching 700 million, with a strong preference among female viewers [40][42] 4. Probiotics - The global probiotic market is projected to grow at a CAGR of 8.7%, reaching 93.49 billion USD by 2028, with China's market expected to reach 134.89 billion yuan by 2024 [55][63] - Next-generation probiotics like AKK bacteria are gaining traction, with significant potential in health management and consumer interest [55][63]

Investment Rating - The report maintains a "Recommendation" rating for the education industry, indicating a positive outlook for investment opportunities [3]. Core Insights - The education industry is experiencing a "three-dimensional resonance" with policy improvements, supply clearing, and demand release, shifting the investment logic from policy-driven to performance-driven. The industry is expected to benefit from a "Davis Double Play" in terms of performance and valuation under policy support [7][26]. - The integration of artificial intelligence (AI) into education is highlighted as a key investment theme, with leading education companies likely to benefit from the "AI + Education" trend [7][26]. Summary by Sections 1. Industry Policy Dynamics - On January 12, the Ministry of Education announced the approval of 14 new higher education institutions, including 7 public and 1 private vocational colleges [10][12]. - Guangdong plans to increase 200,000 ordinary high school seats by 2026 as part of its educational enhancement initiatives [10][12]. - Jiangsu's "AI + Education" action plan aims for over 70% penetration of new intelligent terminals by 2027 and a trillion-yuan industry scale by 2030 [10][12]. - The "China-UK Study Tour Pilot Program" was launched, facilitating deeper educational cooperation between the two countries [10][12]. 2. Company Dynamics - Zhonggong Education launched the "Zhonggong AI Interview" training product, enhancing its offerings in AI-driven education [13]. - Huatu Education held an "AI Transformation Upgrade Conference," marking its transition to an AI-driven growth model [13]. 3. Industry Performance - The education sector outperformed the CSI 300 index, with the CITIC Education Index increasing by 1.69% compared to a decline of 0.57% in the CSI 300 [7][15]. - The best-performing stocks in the education sector included Action Education (+9.65%), *ST Guohua (+7.99%), and Huatu Shanding (+4.73%) [19][20]. 4. Investment Recommendations - The report suggests focusing on three main investment lines: 1. "AI + Education" with companies like Kevin Education and Kede Education as potential leaders 2. Performance and valuation resonance with Action Education, Xueda Education, and Angli Education showing significant valuation advantages 3. Companies like Botong Co. and Huatu Shanding are actively seeking new growth avenues [26].

证券日报网讯1月16日，科德教育（300192）在互动平台回答投资者提问时表示，截至2026年1月9日公 司股东人数为38629户。 ...