数据显示，南方基金旗下1只基金位居中公教育十大流通股东。南方中证500ETF（510500）三季度减持 169.06万股，持有股数7196.06万股，占流通股的比例为1.42%。根据测算，今日浮盈赚取约1511.17万 元。 南方中证500ETF（510500）成立日期2013年2月6日，最新规模1400.98亿。今年以来收益5.5%，同类排 名1040/5493；近一年收益46.1%，同类排名1376/4197；成立以来收益165.5%。 1月8日，中公教育涨7.81%，截至发稿，报2.90元/股，成交5.09亿元，换手率3.64%，总市值178.85亿 元。 资料显示，中公教育科技股份有限公司位于北京市海淀区学清路23号汉华世纪大厦B座，成立日期1999 年8月25日，上市日期2011年8月10日，公司主营业务涉及横跨招录考试培训、学历提升和职业能力培训 等3大板块,提供超过100个品类的综合职业就业培训服务。主营业务收入构成为：公务员招录培训 50.85%，综合培训25.75%，事业单位招录培训13.32%，教师招录及教师资格培训7.56%，其他2.51%。 从中公教育十大流通股东角度 截至发稿，罗文杰 ...

首次覆盖: 公考龙头的跃迁：基地下沉、AI 赋能 华图山鼎(300492) 华图山鼎首次覆盖报告 股票研究/[Table_Date] 2026.01.06 2026-01-06 建筑工程业 [Table_Industry] /工业 本报告导读： 公司利用 AI 技术全场景赋能及地市基地下沉战略，配合与粉笔的深度协作，正加速 实现公考行业的市占率跨越与格局重塑。 投资要点： | [Table_Finance] 财务摘要(百万元) | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入 | 247 | 2,833 | 3,458 | 4,293 | 5,159 | | (+/-)% | 131.3% | 1,046.3% | 22.1% | 24.1% | 20.2% | | 净利润(归母) | -92 | 53 | 312 | 438 | 543 | | (+/-)% | -939.0% | 157.6% | 487.9% | 40.7% | 23.9% | | 每股净收益(元) | -0.4 ...

以下文章来源于崔璀的第25个小时 ，作者优势星球 崔璀的第25个小时 . 我是崔璀，职场教育品牌"优势星球"创始人。这是我的自留地，絮絮叨叨别介意。对话框回复「跨年演讲」领取2021-2026全套演讲内容 演讲 / 作者 崔璀 大家好，我 是崔璀 。 欢迎 来到今年的年 度演讲 ，"优势2026不惑不惧，自成周期"。 一年一度，一期一会，每年此刻，都要问一句，过去一年，你过得还好吗？ 如果我问你，对于马上要过去的2025年，用一个词或者一句话来跟它告别，你想跟它说什么呢？ 这个问题我也想过，关于2025年，我有很多话要说，又说不出什么。 想着想着，2025的一个瞬间蹦到我脑袋里，几乎可以浓缩我一整年的感受。 那是很寻常的一天，开业务会，我问我们执行总裁封老师，什么时候能达到爬坡节奏。 所谓爬坡节奏，是我们财年开始，设定了一个比较有挑战性的业务爬坡计划，但是速度比预期要慢了4个月。 封老师想了想，说："我不知道。" 他在教育行业深耕了20多年，每一步几乎都深思熟虑，不能说把握到10分，也有7、8分，他离开上一家公司已经10年，当时构建的教学系统，还 一直被沿用至今。 这是我鲜有的听到他说"不知道"的时刻。 末了 ...

Core Viewpoint - The sudden resignation of Lu Xing, the chairman of Chuanglian Holdings, after the premiere of the show "Goodbye Lover 5" has drawn significant attention to the company, raising questions about the motivations behind his decision and the implications for both his personal and professional life [1]. Company Overview - Chuanglian Holdings has been facing financial difficulties, with its stock price dropping to 0.035 HKD, categorized as a "penny stock" in the Hong Kong market. The company has reported continuous losses from 2023 to 2025, with total revenue for 2024-2025 projected at only 655 million HKD, a year-on-year decrease of 21.25% [25][30]. - The company is involved in the education sector, specifically through its subsidiary Guopei Online, which is the largest vocational education training platform in China, targeting civil servants and skilled professionals [12][15]. Legal Issues - Lu Xing is linked to a bribery case involving over 10 million RMB, where he allegedly provided stocks, cash, and other benefits to public officials, leading to a significant criminal conviction for another individual involved [4][9]. - The legal background of Lu Xing raises concerns about the selection process for participants in the show, as his involvement in a high-profile case could pose reputational risks for the program [17][21]. Industry Implications - The choice of Lu Xing as a participant in a reality show raises questions about the due diligence processes in the entertainment industry, particularly regarding the background checks conducted on potential guests [19][21]. - The entertainment industry often serves as a platform for individuals facing personal or professional crises to rehabilitate their public image, suggesting that participation in such shows can be a strategic move for business leaders like Lu Xing [22][40].

Core Viewpoint - Nine Chinese companies, including Aibo Green, Qingmin Digital Technology, and others, have collectively updated their prospectuses to advance their listing processes on NASDAQ or NYSE, indicating a renewed trend of Chinese enterprises seeking to go public in the U.S. market, particularly in sectors like technology services, consumer supply chains, and fintech [1][2][3] Group 1: Company Composition - The nine companies represent diverse sectors, showcasing the multi-faceted vitality of the Chinese economy during its industrial upgrade, categorized into three main groups: - Technology and Digital Services: Companies like Qingmin Digital Technology and Wodetong focus on digital transformation needs, enhancing efficiency in sectors like automotive aftermarkets and cross-border logistics [1] - Consumer and Supply Chain: Firms such as JM Group and Kangbeit are involved in critical aspects of the consumer supply chain, including high-end packaging and cross-border supply chain integration [2] - Services and Finance: Companies like Beta Financial and Monkey Tree are oriented towards service sectors, including fintech and vocational training, addressing market skill gaps and promoting green development [3] Group 2: Motivations for U.S. Listing - The collective move towards the U.S. market is driven by three main considerations: - Financing and Valuation: The U.S. market offers a more accommodating environment for innovative companies, particularly those with high growth potential, allowing for attractive valuation opportunities [4] - Internationalization: Listing in the U.S. enhances brand influence and facilitates global resource access, crucial for companies aiming to expand overseas [4] - Asset Allocation: U.S. listings enable shareholders to diversify their assets globally, mitigating risks associated with market volatility [4] Group 3: Trends and Challenges - The push by these nine companies reflects a new trend of Chinese enterprises "going global," while also highlighting several challenges: - Core Trends: The emphasis on high growth potential is evident in both technology service firms and consumer supply chain companies, aligning with U.S. investors' focus on long-term growth logic [5] - Challenges: Companies face stringent disclosure requirements, potential delays due to market conditions, and the need to effectively communicate their business models and competitive advantages to attract institutional investors [6]

Core Viewpoint - The article highlights the significant refund issues faced by Zhonggong Education, where a student reported that a refund of 17,000 yuan would take 17 years to process, indicating severe financial strain within the company [2][4][6]. Group 1: Refund Issues - A student named Liu reported that after failing an exam, Zhonggong Education stated she could only receive 1,000 yuan per year as a refund, leading to a total refund period of 17 years [2]. - The company has implemented a new refund policy where students who paid over 20,000 yuan will receive 1,000 yuan annually, while those under 20,000 yuan will receive 500 yuan per year until fully refunded [4]. - Zhonggong Education's chairman, Li Yongxin, acknowledged the pressure from refund requests, stating the company is committed to refunding every penny [6]. Group 2: Financial Performance - In 2024, Zhonggong Education reported revenues of 2.6 billion yuan and a net profit of 180 million yuan, with a net operating cash flow of 560 million yuan [9]. - The company's "pending refund liabilities" amounted to 580 million yuan, indicating a significant gap between revenue and refund obligations [9]. Group 3: Customer Complaints - Zhonggong Education has faced over 130,000 complaints on the Black Cat Complaints platform, primarily related to delayed refunds [6].

Overview - The vocational education and training industry in China is experiencing significant growth due to the transition from a manufacturing-based economy to a service-oriented economy driven by technology and services, leading to a high demand for skilled talent [1][8] - The market size of the vocational education and training industry is projected to reach 594.6 billion yuan in 2024, with employee technical training accounting for approximately 34.2%, application-oriented vocational education for college students at 26.8%, higher vocational education at 21.9%, and secondary vocational education at 17.2% [1][8] Market Policies - The Chinese government has implemented a series of policies to support the development of the vocational education and training industry, creating a favorable policy environment [3] - Key policies include the "Implementation Plan for the Integration of Industry and Education in Vocational Education (2023-2025)" and various initiatives aimed at enhancing the quality of education and aligning it with market needs [3][5] Industry Chain - The upstream of the vocational education and training industry includes teaching venues, educational equipment, faculty, and educational software, while the downstream consists of individual and corporate clients [6] - Corporations are significant demanders of vocational training, seeking to enhance employee skills and professional qualities to meet market competition [6] Competitive Landscape - The vocational education training market in China is fragmented, with numerous participants including both degree-granting institutions and non-degree vocational training providers [10][15] - Major players in the non-degree vocational education sector include Fenbi, Zhonggong Education, and Angli Education, with Fenbi leading in revenue generation [16][19] Development Trends - The industry is expected to see continued policy support, promoting the integration of vocational education with general education and enhancing cooperation between schools and enterprises [23] - There will be a closer connection between vocational education and industry needs, fostering a collaborative development model that involves enterprises in curriculum design and training programs [23]