证券代码：300492 证券简称：华图山鼎 公告编号：2025-064 华图山鼎设计股份有限公司 关于持股 5%以上股东减持股份触及 1%整数倍暨减持计划实施完成的公告 股东车璐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。 华图山鼎设计股份有限公司（以下简称"公司"）于 2025 年 5 月 27 日在巨 潮资讯网（www.cninfo.com.cn）披露了《关于持股 5%以上股东减持股份预披露 公告》（公告编号：2025-031），公司持股 5%以上股东车璐持有公司股份 23,224,498 股（公司于 2025 年 6 月 11 日实施 2024 年年度权益分派后，对应持 股数量调整为 32,514,297 股，占公司总股本的 16.53%），计划在公告披露之日 起 15 个交易日后的 3 个月内以集中竞价、大宗交易方式减持公司股份不超过 4,214,593 股（公司实施 2024 年年度权益分派后，对应减持股份数量调整为不 超过 5,900,430 股，占当时总股本的 ...

Core Insights - The engineering consulting services sector saw an increase of 0.97% on September 15, with Huajian Group leading the gains [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Sector Performance - Huajian Group (600629) closed at 17.18, up 9.99% with a trading volume of 629,900 shares and a transaction value of 1.059 billion [1] - Youan Design (300983) closed at 23.25, up 7.14% with a trading volume of 36,500 shares and a transaction value of 83.3674 million [1] - Huatu Chuanxie (300492) closed at 77.00, up 7.09% with a trading volume of 40,700 shares and a transaction value of 307 million [1] - Other notable performers include Shanshui Bide (300844) up 3.37%, Shanghai Jianke (603153) up 2.49%, and Huashe Group (603018) up 2.19% [1] Fund Flow Analysis - The engineering consulting services sector experienced a net outflow of 330 million from institutional investors, while retail investors saw a net inflow of 281 million [2] - The sector's overall fund flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active [2] Individual Stock Fund Flow - Shanghai Jianke (603153) had a net outflow of 13.9475 million from institutional investors, while retail investors contributed a net inflow of 2.45666 million [3] - Huashe Group (603018) saw a net inflow of 9.5894 million from institutional investors, but a net outflow of 8.9502 million from retail investors [3] - Other stocks like Huatu Shanding (300492) and Youan Design (300983) also showed varied fund flows, indicating differing investor sentiments across the sector [3]

Group 1 - The Zhongzheng Shanghai-Hong Kong-Shenzhen Game and Cultural Media Index (931580) has seen a strong increase of 1.59%, with notable gains from Perfect World (002624) up 10.01%, China Film (600977) up 8.83%, and 37 Interactive Entertainment (002555) up 7.43% [1] - The Game Media ETF (517770) rose by 1.57%, with the latest price reported at 1.29 yuan [1] - The acceleration of AI application commercialization is driven by continuous iterations of large models, with Alibaba's recent release of Qwen3-Next-80B-A3B showcasing significant innovations in training cost and efficiency [1] Group 2 - Open Source Securities highlights that the iteration of domestic large models towards stronger multimodal, reasoning, and agent performance may accelerate AI commercialization across various sectors including content creation, social media, advertising, e-commerce, education, and finance [2] - The Zhongzheng Shanghai-Hong Kong-Shenzhen Game and Cultural Media Index selects 50 listed companies involved in gaming, film, broadcasting, marketing, publishing, education, and cultural performances to reflect the overall performance of the theme in the markets [2] - As of August 29, 2025, the top ten weighted stocks in the index include Kuaishou-W (01024), Tencent Holdings (00700), and Bilibili-W (09626), collectively accounting for 54.14% of the index [2]

注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 华图山鼎9月12日大宗交易平台共发生2笔成交，合计成交量101.00万股，成交金额6262.00万元。成交价 格均为62.00元，相对今日收盘价折价13.77%。从参与大宗交易营业部来看，机构专用席位共出现在2笔 成交的买方或卖方营业部中，合计成交金额为6262.00万元，净买入6262.00万元。 两融数据显示，该股最新融资余额为3.86亿元，近5日减少1922.54万元，降幅为4.74%。（数据宝） 9月12日华图山鼎大宗交易一览 | 成交量（万 | 成交金额（万 | 成交价格 | 相对当日收盘折溢价 | 买方营 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | 股） | 元） | （元） | （%） | 业部 | | | 80.00 | 4960.00 | 62.00 | -13.77 | 机构专 | 浙商证券股份有限公司衢 | | | | | | 用 | 州分公司 | | 21.00 | 1302.00 | 62.00 | -13.77 | 机构专 | 浙商证券股份有限公司衢 | | | | ...

Summary of Key Points Core Viewpoint - On September 12, a total of 91 stocks were traded on the block trading platform, with a cumulative trading volume of 472 million shares and a total transaction amount of 6.889 billion yuan, indicating active trading in the market [1]. Group 1: Major Transactions - The highest transaction amount was for Shanghai Pudong Development Bank, with 2 transactions totaling 4.531 billion yuan [1]. - Following closely was Guangqi Technology, which had 3 transactions amounting to 224 million yuan [1]. Group 2: Stock Performance - Shanghai Pudong Development Bank experienced a price drop of 3.68%, closing at 13.60 yuan, with a transaction price of 13.81 yuan, reflecting a premium of 1.54% [1]. - Guangqi Technology saw a slight decline of 0.89%, closing at 46.82 yuan, with a transaction price of 45.65 yuan, indicating a discount of 2.50% [1]. - Hengli Petrochemical and Huichuan Technology also reported declines of 1.91% and 1.26%, respectively, with closing prices of 16.96 yuan and 79.68 yuan [1]. Group 3: Notable Gainers - Shengguang Technology and Sanxia Tourism reported gains of 0.47% and 10.03%, closing at 339.58 yuan and 7.02 yuan, respectively [1]. - Other notable gainers included Huatu Shanding and Cambrian Technology, with increases of 3.38% and 7.28%, closing at 71.90 yuan and 1488.00 yuan [1].

Group 1: Business Focus and Strategy - The company currently derives a significant portion of its revenue from non-degree training, including civil service and healthcare examination training, and plans to enhance service quality and market share [1][2] - There are no plans to divest the architectural design business; the company will disclose any future changes in accordance with regulations [2][3] - The company emphasizes shareholder interests and aims to enhance competitiveness and intrinsic value through various strategies, including employee stock ownership plans for nearly 300 core staff [2][4] Group 2: Market Adaptation and Product Development - The company is committed to adapting to evolving market demands by maintaining a customer-centric approach and continuously innovating teaching methods [3][4] - A professional teaching team, with over 50% holding master's degrees, ensures high-quality instruction and timely updates on examination trends [3] - The company has integrated its training programs into two core matrices: "Exam Direct Path" for mass market needs and "Academy Excellence" for high-end clientele, leveraging data and AI for personalized tutoring [3] Group 3: Value Management and Governance - The company has established a "Value Management System" to align market value with intrinsic value through strategic planning and governance [4] - The board of directors prioritizes shareholder interests and focuses on improving operational efficiency and profitability [4]

Core Insights - The A-share education sector showed improvement in performance in the first half of 2025, with total revenue reaching 15.61 billion yuan, a year-on-year increase of 4.8% [2] - The top 10 education companies generated a total revenue of 12.9 billion yuan, reflecting a year-on-year growth of 7.1% [4] Company Performance - The top 10 companies in the A-share education sector include: iFlytek, Xueda Education, Visionox, Huatu Shandian, Zhonggong Education, Honghe Technology, Angli Education, Doushen Education, Action Education, and Zhengyuan Wisdom [4] - iFlytek maintained its leading position with a revenue of 3.53 billion yuan, up 23.47% year-on-year, although the growth rate narrowed by 1.67 percentage points [5] - Xueda Education reported a revenue of 1.916 billion yuan, an increase of 18.27%, with a net profit of 230 million yuan, up 42.18% [5] - Visionox reversed a previous decline, achieving a revenue growth of 13.79% [6] - Doushen Education emerged from bankruptcy restructuring, reporting a revenue increase of 36% [6] Industry Trends - The education sector remains fragmented, with over half of the 28 companies reporting negative growth, indicating a significant disparity in performance [9] - The education information technology sector is the largest segment, with 13 out of 28 companies, but it also shows a mix of growth and decline [13] - AI technology is enhancing productivity and driving product upgrades across the education sector, with companies like iFlytek and Visionox embedding AI into their product lines [16] - The education industry is influenced by macroeconomic conditions, with consumer expectations and choices affecting enrollment in various training programs [17] - The number of school-age children is peaking, and policy changes are reshaping the tutoring market, leading to negative growth in some segments [19]

Core Viewpoint - The performance of A-share education stocks has improved compared to the same period last year, with total revenue reaching 15.61 billion yuan in the first half of 2025, a year-on-year increase of 4.8% [1]. Group 1: Top Companies Performance - The top 10 education companies in A-shares for the first half of 2025 include: iFLYTEK, Xueda Education, Visionox, Huatu Shandian, Zhonggong Education, Honghe Technology, Angli Education, Doushen Education, Xingdong Education, and Zhengyuan Wisdom, with a total revenue of 12.9 billion yuan, reflecting a year-on-year growth of 7.1% [3]. - iFLYTEK continues to lead the A-share education sector with a revenue of 3.53 billion yuan, marking a year-on-year growth of 23.47% [5]. - Xueda Education has over 300 personalized learning centers and more than 5,200 full-time teachers, showing strong demand in the K12 sector with continuous growth for ten consecutive quarters [6]. Group 2: Industry Trends - The education sector is experiencing significant differentiation, with over half of the 28 companies reporting negative growth, indicating a challenging environment for many players [9]. - The education information technology sector remains the largest segment, with 13 companies, of which 6 reported growth and 7 reported negative growth, highlighting the competitive landscape [12]. - AI technology is enhancing productivity and driving product upgrades across the education sector, with companies like iFLYTEK and Visionox embedding AI deeply into their product lines [15][16]. Group 3: Market Dynamics - The education industry is influenced by macroeconomic conditions, with consumer expectations and choices shifting based on economic uncertainty, leading to varying participation rates in different educational training sectors [17]. - The number of school-age children in China has peaked in 2023, and policy changes are reshaping the tutoring market, with several companies experiencing negative growth due to reduced enrollment and regulatory measures [18].

Group 1 - The company Huatu Shanding announced its participation in the "2025 Investor Online Collective Reception Day and Semi-Annual Report Performance Briefing" event organized by the Sichuan Listed Companies Association and Shenzhen Panorama Network Co., Ltd. on September 12, 2025 [1]

证券代码：300492 证券简称：华图山鼎 公告编号：2025-063 华图山鼎设计股份有限公司 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。 为进一步加强与投资者的互动交流，华图山鼎设计股份有限公司（以下简称"公司"）将参加 由四川省上市公司协会、深圳市全景网络有限公司联合举办的"四川辖区 2025 年投资者网上集 体接待日及半年度报告业绩说明会"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"（https://rs.p5w.net） 参与本次互动交流，活动时间为 2025 年 9 月 12 日（周五）14:00—17:00。届时公司董事长吴正 杲先生、董事兼总经理易晓英女士、独立董事李兴敏先生、副总经理王强先生、副总经理兼董事 会秘书肖德伦先生、财务总监郑天相先生将在线就业绩、公司治理、发展战略、经营状况可持续 发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与。 特此公告。 华图山鼎设计股份有限公司 董事会 2025 年 9 月 5 日 关于参加四川辖区 2025 年投资者网上集体接待日及 半 ...