Core Viewpoint - The introduction of AI driving instructors in driving schools in Wuhan is enhancing the learning experience for students, providing standardized teaching methods and improving safety during training sessions [1][4][8]. Group 1: AI Driving Instructors - Six AI driving instructors at Mingtao Driving School have become popular among students due to their ability to maintain teaching standards and emotional stability [1]. - The AI instructors utilize voice prompts and real-time feedback, enhancing the learning process by providing clear instructions and encouraging remarks [4][8]. - Currently, over ten AI driving cars have been modified for use, equipped with laser radar and sensors to guide students and analyze their performance post-training [4][14]. Group 2: Industry Trends - The driving school industry in Wuhan is witnessing a shift towards "intelligent, green, and integrated" development, with AI and new energy vehicles becoming integral to training methods [14]. - The trend indicates a strong willingness among driving schools to adopt AI technology, with Mingtao, New Shape, and Shenbao being the first to implement these changes [14]. - The role of driving instructors may evolve into "human-machine interaction specialists" as AI becomes more prevalent in training [14]. Group 3: Student Preferences and Feedback - Younger students show a preference for AI instructors, appreciating their detailed feedback, although they note some limitations in speed control and fluidity of instruction [11]. - The AI teaching method is seen as more consistent compared to traditional methods, which can vary significantly between instructors [8][9]. Group 4: Future Developments - New Shape Driving School plans to expand its fleet of AI instructors by adding 30 more new energy AI cars, indicating a growing trend in the adoption of AI technology in driving education [11]. - The collaboration between driving schools and technology providers is expected to lead to increasingly intelligent AI driving instructors that are more aligned with practical driving needs [14].

Core Insights - The Heze Driving Training Public Service Platform has been launched to enhance the driving training industry through digitalization, ensuring better service quality and regulatory effectiveness since May 28 this year [1] Group 1: Platform Coverage and Effectiveness - The platform has successfully onboarded 98 out of 121 licensed driving schools, allowing students to register and pay online, implementing a "sunshine fee system" to eliminate unreasonable charges [2] - The platform ensures that tuition fees are regulated and disbursed in phases based on training progress, addressing previous issues of arbitrary fees and contract signing difficulties [2] Group 2: Service Quality Improvement - The implementation of the "sunshine fee system" has reduced price competition among driving schools, allowing them to focus on service quality rather than undercutting prices [3] - Driving schools have diversified their offerings with over 520 class types available on the platform, achieving a 100% contract signing rate among students [3] Group 3: Regulatory Effectiveness and Student Rights - As of June 30, the platform has registered over 26,500 users and trained more than 17,000 students, with a 43.2% decrease in complaints compared to the previous year [4] - The platform has achieved a 100% response rate to user inquiries and a 100% satisfaction rate in handling complaints [4] Group 4: Industry Image Restructuring - The local police have conducted a crackdown on illegal driving training institutions, shutting down 9 unlicensed schools and confiscating equipment used for illegal training [5] - The joint efforts of transportation and police departments have improved the connection between driving training and examinations, promoting high-quality industry development [5]

Core Viewpoint - The company has reached a settlement in three litigation cases with Beijing Tonglong Automobile Sales Co., Ltd., involving a total amount of RMB 50.976 million, which is expected to be paid in installments by specific deadlines [1][2][3]. Summary by Sections Litigation Status - The litigation is currently in the mediation settlement stage [1]. - The company is the plaintiff in the first instance [1]. - The total amount involved in the three litigation cases is RMB 50.976 million [1]. Financial Impact - If the mediation agreement is successfully executed, Tonglong Automobile will pay a total of RMB 50.976 million to the company [1]. - The specific accounting treatment and related financial data will be confirmed by the annual audit [1]. - The company will disclose information based on the performance of the settlement agreement [1]. Payment Schedule - Tonglong Automobile is required to make the following payments: - RMB 500,000 by July 25, 2025 [2]. - RMB 2 million by August 19, 2025 [2]. - RMB 7.22 million by September 15, 2025 [2]. - The case acceptance fee of RMB 39,920 will be shared equally between the company and Tonglong Automobile [2]. Other Litigation Matters - As of the announcement date, there are no other undisclosed significant litigation or arbitration matters involving the company or its subsidiaries [4]. - The company's production and operations are reported to be normal [4].

Core Viewpoint - The credit rating of Dongfang Shifang Driving School Co., Ltd. has been downgraded from B to CCC, with a negative outlook due to significant financial challenges and operational issues [1][7]. Financial Performance - The company reported a decline in main business income in 2024, attributed to factors such as consumer downgrade and insufficient student enrollment, resulting in a revenue decrease of 375 million yuan compared to 2023 [1]. - The company recognized asset impairment losses and credit impairment losses on its subsidiaries due to underperformance [1]. Audit Findings - The audit report from Beijing Dehao International Accounting Firm raised concerns about the recoverability of receivables from related parties, including: - 302.49 million yuan receivable from Beijing Qianzhong Fantasy Technology Co., Ltd. with a bad debt provision of 30.25 million yuan, related to the purchase of 3,179 VR simulators [2]. - 49.86 million yuan receivable from Beijing Tonglong Automobile Sales Co., Ltd. with a bad debt provision of 15.73 million yuan, related to incomplete delivery of AI training systems [3]. - 35 million yuan receivable from the controlling shareholder, with a bad debt provision of 3.5 million yuan, related to non-operational fund occupation [4]. Internal Control Issues - The internal control audit report indicated significant deficiencies in managing and recovering funds from related parties, with unresolved issues regarding the delivery of VR simulators and AI systems [4][5]. Regulatory Actions - The company received a corrective order from the China Securities Regulatory Commission, requiring the recovery of 387 million yuan in occupied funds within six months, failing which trading suspension and potential delisting could occur [6]. - As of June 19, 2025, no funds had been recovered, leading to a trading suspension effective June 20, 2025 [6]. Credit Rating Status - The company maintains a credit rating of CCC, with a negative outlook, reflecting ongoing financial distress and operational challenges [7].

证券代码：603377 证券简称：ST 东时 公告编号：临 2025-111 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 关于无法在责令改正期限内完成资金占用整改暨 二、复牌条件 根据《上海证券交易所股票上市规则》（2025 年 4 月修订）第 8.6、9.4.1 条等相关规定，若公司在停牌期限内完成整改，公司股票及"东时转债"将复牌。 若公司在停牌期限内未完成整改，上海证券交易所（以下简称"上交所"）将对 公司股票实施退市风险警示，公司股票及"东时转债"将复牌。复牌后两个月内 仍未完成整改的，上交所将决定终止公司股票及"东时转债"上市交易。 三、重大风险提示 国证监会"）下发的《立案告知书》（编号：证监立案字 0142025028 号）。因 公司涉嫌信息披露违法违规，根据《中华人民共和国证券法》《中华人民共和国 行政处罚法》等法律法规，中国证监会决定对公司立案。公司将积极配合中国证 监会的相关工作调查，并严格按照相关法律法规的规定和监管要求及时履行信息 披露义务。截至本公告披露日，公司经营活动正常开展。 属的通知，徐雄先生因涉嫌操纵证券市场罪，经上海市人民检察院第一分院批准 逮 ...

东方时尚驾驶学校股份有限公司 第一章 总则 第一条 为规范东方时尚驾驶学校股份有限公司（以下简称"公司"）投资 者关系管理工作，加强公司与投资者之间的有效沟通，促进公司完善治理，提高 公司质量，切实保护投资者特别是中小投资者合法权益，根据《中华人民共和国 公司法》《中华人民共和国证券法》《上市公司投资者关系管理工作指引》等相 关法律法规和规章，以及《东方时尚驾驶学校股份有限公司章程》的有关规定， 结合公司实际情况，制定本制度。 第二条 投资者关系管理是指公司通过便利股东权利行使、信息披露、互动 交流和诉求处理等工作，加强与投资者及潜在投资者之间的沟通，增进投资者对 公司的了解和认同，以提升公司治理水平和企业整体价值，实现尊重投资者、回 报投资者、保护投资者目的的相关活动。 第三条 投资者关系管理的基本原则是： 第四条 公司董事会秘书为投资者关系管理的责任人。 第五条 公司董事会办公室是公司投资者关系管理的职能部门，负责公司投 资者关系管理日常事务。 第六条 董事会秘书全面负责公司投资者关系管理工作。董事会秘书在全面 深入地了解公司运作和管理、经营状况、发展战略等情况下，负责策划、安排和 组织各类投资者关系管理 ...

东方时尚驾驶学校股份有限公司 第一章 总则 第一条 为规范东方时尚驾驶学校股份有限公司（以下简称"公司"）的对 外投资行为，有效控制公司对外投资风险，提高对外投资效益，保障公司对外投 资保值、增值，维护公司和股东的利益，根据《中华人民共和国公司法（2023 修订）》（以下简称"《公司法》"）《中华人民共和国证券法（2019 修订）》 《上海证券交易所股票上市规则（2025 年 4 月修订）》等法律法规、规范性文 件及《东方时尚驾驶学校股份有限公司章程》（以下简称"《公司章程》"）的 有关规定，制定本制度。 （四）出售上述对外投资形成的股权或权益； （五）法律、法规允许且公司业务发展需要的其他对外投资。 第四条 公司及公司合并报表范围内子公司的对外投资决策均受本制度规 制。 第五条 投资管理应遵循的基本原则： （一）遵循国家法律、法规的规定及产业政策； （二）符合《公司章程》等法人治理制度的规定及公司总体发展战略； 第二条 制定本制度旨在建立有效的管理机制，对公司在组织资源、资产、 投资等经营运作过程中进行效益促进和风险控制，保障资金运营的收益性和安全 性，提高公司的盈利能力和抗风险能力。 第三条 本制度所称对 ...

General Overview - The company aims to standardize the decision-making processes of its board of directors to enhance operational efficiency and accountability [1][2] - The board consists of 11 directors, including 4 independent directors and 1 employee representative [1][2] Board Composition and Committees - The board has established four specialized committees: Strategic Committee, Nomination Committee, Audit Committee, and Compensation and Assessment Committee, all accountable to the board [2][3] - The Audit Committee is composed of directors who are not senior management and is led by an independent director with accounting expertise [2][3] Board Meetings - The board is required to hold at least two regular meetings annually, with the chairman responsible for convening these meetings [3][5] - Special meetings can be called within 10 days under certain circumstances, ensuring timely communication among directors [5][6] Proposal and Notification Process - Proposals for meetings must be submitted in writing, detailing the agenda and relevant materials [3][4] - Notifications for regular meetings must be sent at least 10 days in advance, while special meetings can have shorter notice periods [5][6] Attendance and Voting - Directors are expected to attend meetings in person or via communication methods, with specific rules governing proxy attendance [8][9] - A quorum requires the presence of more than half of the directors, and decisions are made through a majority vote [9][12] Meeting Records and Documentation - The board secretary is responsible for maintaining detailed records of meetings, including attendance, discussions, and voting outcomes [32][33] - All meeting documentation must be preserved for a minimum of 10 years [34][36] Compliance and Amendments - The rules governing the board's operations must comply with national laws and the company's articles of association, with amendments requiring shareholder approval [39][40]

东方时尚驾驶学校股份有限公司 第一章 总则 第二条 委员会是董事会根据董事会选举确认设立的专门机构，对董事会负 责，向董事会负责并报告工作。 第三条 公司董事会设置审计委员会，行使《公司法》规定的监事会的职权。 第四条 委员会成员须保证足够的时间和精力履行委员会的工作职责，勤勉 尽责，切实有效地监督公司的外部审计，指导公司内部审计工作，促进公司建立 有效的内部控制并提供真实、准确、完整的财务报告。 第二章 审计委员会的组织机构 第五条 委员会委员由董事会任命三名董事组成，其中独立董事两名。审计 委员会中至少有一名独立董事为会计或至少一名会计专业人士。委员会成员原则 上独立于公司的日常经营管理事务，且应当为不在公司担任高级管理人员的董 事。公司董事会成员中的职工代表可以成为审计委员会成员。 第六条 委员会委员应由董事长、二分之一以上独立董事或全体董事三分之 一以上提名，并由董事会选举产生。 第七条 委员会委员应具备以下条件： 第八条 委员会设主任委员（召集人）一名，由各委员在独立董事中推举并 报董事会批准产生，负责主持委员会工作。审计委员会主任委员应当为会计专业 人士。 第一条 为了明确东方时尚驾驶学校股份有限 ...

东方时尚驾驶学校股份有限公司内幕信息知情人登记管理制度 第一条 为规范东方时尚驾驶学校股份有限公司(以下简称"公司")内幕信息 管理行为，加强内幕信息保密工作，维护公司信息披露的公开、公平、公正原则， 防范内幕交易行为发生，保护投资者的合法权益，根据《中华人民共和国公司法》 (以下简称"《公司法》")、《中华人民共和国证券法》(以下简称"《证券法》")、 东方时尚驾驶学校股份有限公司 内幕信息知情人登记管理制度 《上市公司信息披露管理办法》（以下简称《信息披露管理办法》）、《上市公 司监管指引第 5 号——上市公司内幕信息知情人登记管理制度》《上海证券交易 所上市公司自律监管指引第 2 号——信息披露事务管理》等有关法律、法规、规 范性文件，及《东方时尚驾驶学校股份有限公司章程》(以下简称"《公司章程》") 的有关规定，特制定本制度。 第二条 公司董事会是内幕信息的管理机构，董事长为主要责任人。董事会 秘书负责办理公司内幕信息知情人的登记入档和报送事宜。董事长与董事会秘书 应当对内幕信息知情人档案的真实、准确和完整签署书面确认意见。 公司董事会办公室为内幕信息登记备案工作的日常工作部门。未经董事会批 准，公司 ...