DOUSHEN(SZ:300010) Shen Zhen Shang Bao·2025-07-01 01:21Core Viewpoint - Dou Shen Education is facing administrative penalties from the Beijing Securities Regulatory Bureau for failing to disclose litigation and arbitration matters in a timely manner, resulting in fines for the company and its executives [1][2][3][4]. Summary by Relevant Sections Administrative Penalties - Dou Shen Education has received a notice of administrative penalties, with a proposed fine of 2.3 million yuan for the company and fines ranging from 550,000 to 1.1 million yuan for several executives, including the former chairman and CEO, Dou Xin [1][2][3][4]. Legal Issues - From July 2022 to March 2023, Dou Shen Education and its subsidiaries were involved in five undisclosed legal matters, including lawsuits and arbitration cases [2][3]. - Specific cases include: 1. A lawsuit filed by Xinjiang Ruitaiwei Technology Co., Ltd. against two agricultural companies in July 2022 [2]. 2. An arbitration case initiated by Zhang Ying and others against Beijing Dou Shen Future Education Technology Co., Ltd. in January 2023 [2]. 3. A lawsuit from Shanghai Defeng Advertising Co., Ltd. in February 2023 [2]. 4. A lawsuit filed by Dou Shen Education against three companies in March 2023 [2]. 5. A lawsuit against Ruitaiwei by Yulewan (Wuhan) Education Technology Co., Ltd. in March 2023 [2]. Financial Performance - In Q1 2025, Dou Shen Education reported revenues of 190 million yuan, a year-on-year decrease of 0.6%, while net profit attributable to shareholders increased by 68% to 37.37 million yuan [5]. - The company's net profit excluding non-recurring items rose by 86.1% to 33.85 million yuan, and the operating cash flow showed a net outflow of 88.56 million yuan, an increase of 12% year-on-year [5]. - As of the end of Q1 2025, total assets were 2.303 billion yuan, down 2% from the previous year, while net assets attributable to shareholders increased by 3.6% to 1.681 billion yuan [5]. Company Operations - Dou Shen Education's main business includes art education services, live e-commerce, cultural tourism research and study, smart education services, and AI education [4].