Core Points - The company reported a revenue of 17.061 million, representing a year-on-year decrease of 5.98% [1] - The loss attributable to the owners of the company was 4.789 million, an increase of 103.96% year-on-year [1] - The loss per share was 1.01 cents [1] Performance Summary - The number of students enrolled in driving courses significantly increased by approximately 31.4%, totaling 7,188 students compared to 5,469 students in the same period last year [1] - Despite the increase in enrollment, the overall revenue still experienced a decline of about 6.0% [1]

Core Viewpoint - The company has received an administrative regulatory measure decision from the Beijing Securities Regulatory Bureau, requiring it to rectify certain issues related to its financial practices and compliance with stock exchange rules [1][2]. Company Related Matters - The company held meetings on April 18, 2024, where it approved a proposal to temporarily use 106 million yuan of raised funds to supplement its working capital, with a repayment period of 12 months from the board's approval [2]. - Due to ongoing litigation and liquidity pressures, the company was unable to repay the 106 million yuan as scheduled by April 17, 2025 [2]. Rectification Measures - The company is actively working on rectification by engaging with commercial banks for new credit lines and optimizing cash flow management [3]. - It plans to dispose of non-core fixed assets to improve fund turnover efficiency and has already recovered 387 million yuan from its controlling shareholder and related parties [3]. - The company is pursuing settlements with debtors through judicial mediation and has hired legal teams to manage long-standing debts [3]. Marketing and Service Strategies - The company is adapting its marketing strategies based on market trends and enhancing its online marketing through social media platforms [4]. - It aims to improve service quality by establishing a comprehensive service system focused on student satisfaction and implementing a traceable teaching service process [4]. Governance and Compliance - The company is reinforcing training for key personnel on compliance with fundraising regulations and internal governance [5]. - It is clarifying responsibilities and enhancing internal supervision to ensure compliance with operational regulations [5]. Rectification Responsibility and Timeline - The chairman, general manager, and financial director are responsible for the rectification, with ongoing efforts to optimize the asset-liability structure and ensure timely repayment of raised funds [6]. Summary and Continuous Compliance - The company emphasizes that the regulatory measures will not affect its normal operations and is committed to improving compliance awareness and operational standards [6].

Summary of Key Points Core Viewpoint - The bank account of Beijing Oriental Fashion Motor Vehicle Driver Examination Field Management Co., Ltd., a subsidiary of Oriental Fashion Driving School Co., Ltd., has been frozen due to a legal dispute related to historical issues, with a total frozen amount of 292,498,197.13 yuan [1][2]. Group 1: Bank Account Freeze Overview - The bank account freeze involves a total amount of 292,498,197.13 yuan, which is a result of a court's property preservation request against the subsidiary [1][2]. - The specific account affected is held at Shanghai Pudong Development Bank, with the account number partially redacted for privacy [1]. Group 2: Reasons for the Freeze - The freeze is attributed to unresolved historical legal disputes rather than any recent default or misconduct by the subsidiary [2]. - The company is actively communicating with creditors to negotiate risk mitigation strategies and is working on a feasible solution to address the situation [2]. Group 3: Impact on Operations - The company asserts that the account freeze will not significantly impact its production and operational activities [2]. - Measures are being taken to protect the company's assets and maintain normal business operations, ensuring the rights of employees and investors are upheld [2].

证券代码：603377 证券简称：ST 东时 公告编号：临 2025-155 "东 时转债"将于公司重整受理之日提前到期。《中华人民共和国企业破产法》第四 十八条"债权人应当在人民法院确定债权申报期限内向管理人申报债权"，公司 自重整受理之日起进入债权申报期，债权人可基于依法享有的债权进行债权申报， 重整受理之日持有"东时转债"的债券持有人亦可基于依法享有的债权进行债权 申报，债权类型为无财产担保普通债权。根据司法实践，普通债权在重整程序中 的即时清偿比例可能较小，实际清偿情况尚存在不确定性。 转债代码：113575 转债简称：东时转债 东方时尚驾驶学校股份有限公司 关于召开"东时转债"2025 年第一次债券持有人会议 的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 东方时尚驾驶学校股份有限公司（以下简称"公司"）于 2025 年 7 月 书》，北京一中院决定对公司启动预重整，并指定东方时尚驾驶学校股份有限公 司清算组担任公司预重整期间的临时管理人。目前，公司各项预重整工作均有序 推进，公司、 ...

Core Viewpoint - The company has successfully eliminated certain risk warnings related to non-operational fund occupation by its controlling shareholder, but still faces other risk warnings due to ongoing financial issues and uncertainties regarding its restructuring process [1][2][3] Group 1: Risk Warnings - The company previously faced risk warnings due to non-operational fund occupation by its controlling shareholder, which exceeded 5% of the latest audited net assets and amounted to over 10 million [1] - The Shanghai Stock Exchange has approved the removal of specific risk warnings, but the company still faces other risk warnings due to unresolved financial issues [2] - The company has received negative opinions on its internal control effectiveness from auditors for the 2023 and 2024 financial reports, leading to continued risk warnings [2][3] Group 2: Restructuring Process - The company is currently in a pre-restructuring phase and has not yet received court documents regarding formal restructuring, leading to uncertainty about its future [2][3] - The Beijing First Intermediate People's Court has initiated pre-restructuring for the company, but this does not guarantee entry into formal restructuring [3] Group 3: Regulatory Issues - The company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws, and has received a notice of case filing [4] - The company is cooperating with the regulatory investigation and has not yet received a conclusive opinion or decision regarding the case [4]

Core Viewpoint - On August 22, the A-share market saw a total of 81 stocks hitting the daily limit up, indicating strong market activity and investor interest in specific sectors [1] Group 1: Stock Performance - Kosen Technology led with 6 consecutive limit-up days in the consumer electronics sector [1] - Yuanlin Co. achieved 5 consecutive limit-up days, focusing on cloud computing and landscaping [1] - Yuyin Co. recorded 4 consecutive limit-up days in the fintech sector [1] Group 2: Other Notable Stocks - ST Dongshi, Shimao Energy, and ST Zhongdi each had 4 consecutive limit-up days, with focuses on driving training, photovoltaic, and real estate respectively [1] - Chengfei Integration, Huijia Times, and Zhongyou Capital had 3 consecutive limit-up days, involved in sectors such as aerospace, retail, and cross-border payments [1] - Tianrongxin, Daon Co., and *ST Suwu each had 2 consecutive limit-up days, focusing on cloud computing, PEEK materials, and innovative pharmaceuticals respectively [1]

8月20日，东方时尚驾驶学校股份有限公司与日本御云文化发展株式会社、爱宕驾驶学校正式签约。双 方将重点在三个核心领域展开合作，一是共同开展右舵车驾驶培训，二是开辟中国驾驶员日本就业新通 道，三是共享智慧驾培成果。 ...

Core Viewpoint - The A-share market saw significant activity with 58 stocks hitting the daily limit up, indicating strong investor interest and market momentum [1] Group 1: Stock Performance - Kosen Technology, a consumer electronics stock, achieved a five-day consecutive limit up [1] - Yuyin Technology, a financial technology stock, recorded a three-day consecutive limit up [1] Group 2: Other Notable Stocks - ST Erya, in the apparel sector, achieved four consecutive limit ups [1] - Garden Shares, involved in landscaping, also saw four consecutive limit ups [1] - ST Dongshi, related to driving training, and Shimao Energy, in the photovoltaic sector, both recorded three consecutive limit ups [1] - ST Zhongdi, in real estate, and Renhe Pharmaceutical, focusing on innovative drugs, each achieved two consecutive limit ups [1] - Chengfei Integration, in the military industry, and Rifeng Shares, in robotics, also saw two consecutive limit ups [1] - Huasheng Shares, involved in liquid cooling servers, and Huijia Times, in retail, both recorded two consecutive limit ups [1]

Core Viewpoint - The trading price of the convertible bond "Dongshi Convertible Bond" of Dongfang Shifang Driving School Co., Ltd. has experienced an abnormal fluctuation, with a cumulative closing price increase exceeding 30% over two consecutive trading days [2][5]. Group 1: Convertible Bond Trading Situation - The price of "Dongshi Convertible Bond" reached 162.643 yuan per bond as of August 20, 2025, representing a premium of 62.643% over the face value and a conversion premium rate of 506.18% [2][12]. - The bond was approved for public issuance by the China Securities Regulatory Commission on December 27, 2019, with a total issuance of 4.28 billion yuan and a maturity period of six years [3]. Group 2: Company Operations and Financial Matters - The company confirmed that its production and operations are normal, with no significant changes in its main business or market environment [7]. - The company disclosed that its controlling shareholder and related parties have fully repaid non-operating fund occupations amounting to approximately 387.34 million yuan [8]. - The company has applied to the Shanghai Stock Exchange to revoke certain risk warnings related to its stock, as the non-operating fund occupation issue has been resolved [9]. Group 3: Market and Media Influence - The company has not identified any media reports or market rumors that could significantly impact the trading price of its convertible bonds [10]. - There have been no significant events that could affect the trading price of the convertible bonds during the abnormal fluctuation period [11].

Group 1 - The new "National Nine Articles" emphasizes strict rectification of financial fraud and fund occupation in key areas [1][7] - Since the implementation of the new delisting rules, a total of 8 companies have resolved fund occupation issues, recovering over 8 billion yuan [1][7] - The new delisting regulations include fund occupation as a reason for delisting, aiming to address non-operational illegal fund occupation in the A-share market [2][6] Group 2 - ST Dongshi and *ST Huamei completed their fund occupation rectification, recovering a total of 19.54 billion yuan [2][4] - ST Dongshi's controlling shareholder used various methods, including debt compensation and equity transfer, to clear 3.87 billion yuan of non-operational fund occupation [3][4] - *ST Huamei's controlling shareholder repaid 15.67 billion yuan, including interest, through share transfer and dividend compensation [4][6] Group 3 - The new delisting rules have created a strong regulatory deterrent, prompting companies to clear large amounts of occupied funds before deadlines [6][8] - Regulatory authorities are committed to improving corporate governance rules and increasing penalties for illegal activities [8][9] - Suggestions for further addressing fund occupation issues include enhancing governance, monitoring fund flows, and implementing stricter approval processes for related transactions [9]