证券代码：300338 证券简称：ST 开元 公告编号：2025-057 开元教育科技集团股份有限公司 关于公司控股股东、实际控制人之一致行动人 特别提示： 1、 本次拍卖标的物为公司控股股东、实际控制人之一致行动人江胜先生持 有的 2,144,984 股股票，占其持有公司股份的比例为 49.43%，占公司总股本的比 例为 0.53%。2025 年 9 月 26 日，公司披露了《关于公司控股股东、实际控制人 所持部分股份可能被司法拍卖的提示性公告》（公告编号：2025-056），公司控 股股东、实际控制人江勇先生持有的 2,100,000 股股票可能被司法拍卖，占其持 有公司股份的比例为 11.35%，占公司总股本的比例为 0.52%。若江勇先生、江胜 先生所持的公司股份均完成司法拍卖并股权变更过户后，控股股东、实际控制人 及其一致行动人持有的股份比例将由 11.84%变更为 10.78%。本次拍卖不会导致 公司控制权变更。 2、 目前拍卖事项尚在公示阶段，后续可能涉及竞拍、缴款、股权变更过户 等环节，其最终结果存在不确定性。公司将密切关注该事项的后续进展，并按照 有关法律法规规定督促信息披露义务人履行信息披 ...

ST开元公告，公司控股股东、实际控制人之一致行动人江胜先生持有的214.5万股股票，占公司总股本 的0.53%，可能被司法拍卖。本次拍卖标的物为江胜先生所持公司股份的49.43%。此前，公司控股股东 江勇先生持有的210万股股票，占公司总股本的0.52%，也可能被司法拍卖。若两份拍卖均完成，控股 股东及其一致行动人持股比例将从11.84%降至10.78%。拍卖事项尚在公示阶段，后续可能涉及竞拍、 缴款、股权变更过户等环节，其最终结果存在不确定性。 ...

Core Insights - The education sector experienced a decline of 1.16% on September 26, with Kede Education leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Market Performance - Kede Education's stock price fell by 5.34% to 19.51, with a trading volume of 307,400 shares and a transaction value of 614 million [2] - Kevin Education saw a significant increase of 10.03%, closing at 6.91, with a trading volume of 723,000 shares and a transaction value of 492 million [1] - The overall education sector saw a net outflow of 94.89 million from institutional investors, while retail investors contributed a net inflow of 90.49 million [2][3] Fund Flow Analysis - Major net inflows were observed in Dou Shen Education, amounting to 64.76 million, while Kede Education experienced a net outflow of 52.37 million from institutional investors [3] - Retail investors showed a positive net inflow in Dou Shen Education and Kede Education, with 35.98 million and 46.53 million respectively [3] - The overall trend indicates a shift in investor sentiment, with retail investors actively participating despite the overall sector decline [2][3]

证券代码：300338 证券简称：ST 开元 公告编号：2025-056 1 开元教育科技集团股份有限公司 关于公司控股股东、实际控制人所持部分股份可能被司 法拍卖的提示性公告 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。 特别提示： 1、 本次拍卖标的物为公司控股股东、实际控制人江勇先生持有的 2,100,000 股股票，占其持有公司股份的比例为 11.35%，占公司总股本的比例为 0.52%。若本次司法拍卖事项完成并股权变更过户后，控股股东、实际控制人江 勇先生及一致行动人持有的股份比例将由 11.84%变更为 11.32%。本次拍卖不会 导致公司控制权变更。 2、 目前拍卖事项尚在公示阶段，后续可能涉及竞拍、缴款、股权变更过户 等环节，其最终结果存在不确定性。公司将密切关注该事项的后续进展，并按照 有关法律法规规定督促信息披露义务人履行信息披露义务，敬请投资者谨慎决策， 注意投资风险。 开元教育科技集团股份有限公司（以下简称"公司"）于近日通过查询"京东 网"司法拍卖网络平台获悉公司控股股东、实际控制人江勇先生持有的公司股份 2,100,000 股，占 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | --- | --- | --- | --- | --- | --- | --- | | 300338 | ST开元 | 3.93 | -0.51% | | 4.18万 | 1645.78万 | | 300688 | 创业等司 | 32.20 | -0.46% | | 10.00万 | A 3.19/Z | | 000526 | 学大教育 | 46.88 | -0.30% | | ● 1.71万 | 8012.78万 | | 600636 | *ST国化 | 8.25 | 0.00% | 1 | 2.23万 | 1839.21万 | | 002607 | 中公教育 | 2.86 | 0.35% | | 141.91万 | 4.04亿 | | 300010 | 豆神教育 | 7.38 | 0.41% | | 56.88万 | 4.17亿 | | 003032 | *ST传智 | 6.30 | 0.64% | | 6.44万 | 4045.49万 | | 603377 | ST东时 | 3.39 | 0.89% | | 13 ...

Market Overview - The education sector experienced a decline of 1.29% on September 22, with Dou Shen Education leading the drop [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Stock Performance - Dou Shen Education (300010) closed at 7.70, down 3.39% with a trading volume of 599,500 shares and a turnover of 463 million yuan [2] - Other notable declines include: - China High-Tech (600730) down 2.92% to 10.32 [2] - Quanta Education (300359) down 2.55% to 5.73 [2] - Zhonggong Education (002607) down 2.33% to 2.94 [2] - Conversely, some stocks showed positive performance, such as: - Chuangye Bama (300688) up 2.60% to 32.77 [1] Capital Flow Analysis - The education sector saw a net outflow of 163 million yuan from institutional investors, while retail investors had a net inflow of 131 million yuan [2] - The overall capital flow indicates a mixed sentiment, with retail investors showing some confidence despite the sector's decline [2] Detailed Capital Flow for Selected Stocks - Kevin Education (002659) had a net inflow of 19.93 million yuan from institutional investors, but a net outflow of 18.97 million yuan from retail investors [3] - Other stocks like Kede Education (300192) and Chuangye Bama (300688) also experienced varied capital flows, indicating differing investor sentiments across the sector [3]

证券代码：300338 证券简称：ST 开元 公告编号：2025-055 开元教育科技集团股份有限公司 关于参加 2025 年湖南辖区上市公司投资者网上集体接待日 暨半年度业绩说明会活动的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特此公告。 开元教育科技集团股份有限公司董事会 2025 年 9 月 13 日 为进一步加强与投资者的互动交流，开元教育科技集团股份有限公司(以下 简称"公司")将参加由湖南证监局、湖南省上市公司协会与深圳市全景网络有 限公司联合举办的"资本聚三湘 楚光耀新程——2025 年湖南辖区上市公司投 资者网上集体接待日暨半年度业绩说明会"活动，现将相关事项公告如下: 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 (https://rs.p5w.net)，或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 9 月 19 日(星期五)14:00-17:00。届时 公司高管将在线就公司 2024 年至 2025 半年度业绩、公司治理、发展战略、经营 状况、融资计划、股权激励和 ...

Financial Performance - ST Kaiyuan reported a net profit decline of 146.22% year-on-year, with a total revenue of 75.643 million yuan, down 22.6% [1] - In Q2, the company generated a revenue of 41.582 million yuan, a decrease of 30.46% year-on-year, and a net profit of -26.548 million yuan, down 138.69% [1] - The gross margin was 47.58%, a decrease of 20.85% year-on-year, while the net margin was -59.03%, down 208.47% [1] Cost and Expenses - Total sales, management, and financial expenses amounted to 76.179 million yuan, accounting for 100.71% of revenue, an increase of 13.75% year-on-year [1] - The company reported a negative operating cash flow per share of -0.22 yuan, a decrease of 722.23% year-on-year [1] Historical Performance and Business Model - The company's historical median Return on Invested Capital (ROIC) over the past decade is -14.67%, with the worst year being 2024 at -543.62% [2] - The business model relies heavily on marketing-driven performance, necessitating a thorough examination of the underlying drivers [2] - The company has reported losses in 5 out of 12 annual reports since its listing, indicating a generally poor financial history [2] Cash Flow and Financial Health - The cash flow situation is concerning, with a cash and cash equivalents to current liabilities ratio of only 46.12% [2] - The average net cash flow from operating activities over the past three years has been negative [2]

Core Viewpoint - The A-share education sector in the first half of 2025 continues to exhibit a "polarized" pattern, with some companies thriving while others struggle, reflecting the complex and changing market environment [1][20]. Group 1: "Fire Zone" Companies - Companies in the "fire zone" such as Xueda Education, Angli Education, and Tuo Wei Information show significant growth and profitability, driven by different strategies: scale expansion, comprehensive transformation, and technology-driven approaches [3][20]. - Xueda Education achieved revenue of 1.92 billion with a growth rate of 18.3% and a net profit of 230 million, focusing on personalized education and national expansion [4][20]. - Angli Education reported revenue of 632 million, up 11.84%, and turned a profit of 2.88 million, diversifying into multiple educational sectors including quality education and vocational training [6][20]. - Tuo Wei Information's revenue was 1.306 billion, down 24.42%, but net profit surged to 78.81 million due to non-recurring gains, highlighting a reliance on financial adjustments rather than core business growth [8][20]. Group 2: "Ice Zone" Companies - Companies in the "ice zone" like Quantu Education, Honghe Education, and ST Kaiyuan face severe challenges, including significant revenue declines and ongoing losses, reflecting the harsh realities of the education industry [10][20]. - Quantu Education's revenue fell to 125 million, down 36.58%, with a net loss of 32.3 million, struggling with policy tightening and reduced client payment capabilities [11][20]. - Honghe Education reported revenue of 1.4 billion, down 10.99%, with a net profit of only 45 million, as its core interactive whiteboard business continues to decline [12][20]. - ST Kaiyuan's revenue dropped to 75.64 million, down 22.6%, with a net loss of 44.36 million, facing severe financial distress and potential delisting risks [16][20]. Group 3: "Middle Zone" Companies - Companies like Keda Xunfei, Kewen Education, and Kede Education are positioned in the middle zone, showing both growth potential and structural challenges [20][24]. - Keda Xunfei achieved revenue of 10.91 billion, up 17%, but reported a net loss of 360 million, indicating a struggle to convert growth into profitability [21][20]. - Kewen Education's revenue was 171 million, with a net profit of 735,000, reflecting a strong brand in international education despite its small scale [23][20]. - Kede Education's revenue declined to 366 million, down 1.15%, while its net profit fell by 15.16%, showcasing a dual narrative of declining core business and capital market interest due to its AI chip investments [22][20].

Group 1 - ST Kaiyuan reported a revenue of approximately 75.64 million yuan for the first half of 2025, a year-on-year decrease of 22.6% [1] - The net loss attributable to shareholders for the same period was approximately 44.36 million yuan, with a basic loss per share of 0.1102 yuan [1] - In comparison, the revenue for the first half of 2024 was approximately 97.73 million yuan, with a net loss of about 18.02 million yuan and a basic loss per share of 0.0447 yuan [1] Group 2 - As of the report, ST Kaiyuan's market capitalization stands at 1.7 billion yuan [2]