中昊芯英近期因为牵涉上市公司收购案而受到关注，除此以外，科德教育表示，公司目前经营正常，近期经营情况及内外部经营环境均未发生重大变化。 公司、控股股东和实际控制人不存在关于公司的应披露而未披露的重大事项，或处于筹划阶段的重大事项。 参股中昊芯英 8月25日晚间，科德教育发布公告表示，公司股价自8月22日、8月25日连续两个交易日收盘价格涨幅偏离值累计超过30%。截至公告披露日，公司持有中 昊芯英5.53%股权，对中昊芯英不构成控股关系，未纳入合并报表范围，其对公司利润不构成重大影响。 旨在加码AI+教育 科德教育参股中昊芯英，主要是为了加快在AI+教育领域的布局。 中昊芯英的主营业务是人工智能核心芯片的研发、设计和销售。2023年4月，科德教育以增资和股权转让形式合计出资1.3亿元参股中昊芯英，以此合计持 有后者8.38%股权。 彼时，科德教育表示，双方将在人工智能化职业教育方面开展深度合作，推动AI在职业教育应用下的场景设计、研发、创新和落地，并大力发展交互式 人工智能领域的职业教育教学与人才培养。 近期，不少投资者关注科德教育参股中昊芯英后，双方是否会在AI芯片领域展开合作？ 8月25日，科德教育（300 ...

8月25日，科德教育（300192）再度涨停，实现"两连板"，股票收盘价为25.91元/股，涨幅达20.01%。 中昊芯英的主营业务是人工智能核心芯片的研发、设计和销售。2023年4月，科德教育以增资和股权转让形式合计出资1.3亿元参股中昊芯英，以此合计持 有后者8.38%股权。 彼时，科德教育表示，双方将在人工智能化职业教育方面开展深度合作，推动AI在职业教育应用下的场景设计、研发、创新和落地，并大力发展交互式 人工智能领域的职业教育教学与人才培养。 此次投资后，中昊芯英引入战略投资者进行增资扩股，科德教育基于自身业务发展规划、未来投入在AI职业教育领域等因素考虑，自愿放弃行使后续增 资的优先认购权。截至2025年4月28日，科德教育持有中昊芯英股权比例已被稀释为5.99%。 中昊芯英近期因为牵涉上市公司收购案而受到关注，详见本报此前报道《605255又涨停！"易主预案"疑云重重》《605255跨界"易主"被追问》。 公司在5月的机构调研中透露，其子公司科德荟英基于对AI+教育应用场景的探索，推出了AI智能学习软件——科德AI学，其通过接入DeepSeek、豆包、 通义千问等大模型，打造智能学习新模式，提供 ...

Group 1 - The core point of the news is that Kede Education's controlling shareholder, Wu Xianliang, is transferring 77,584,267 shares to Shiyan Zhongjing Hedao Enterprise Management Partnership for a total of 1.142 billion yuan, which will result in Zhongjing Hedao becoming the controlling shareholder of Kede Education [1] - The transaction price per share is set at 14.72 yuan, and if completed, the Shiyan Municipal Government State-owned Assets Supervision and Administration Commission will become the actual controller of the company [1] - Kede Education, listed on the Growth Enterprise Market in 2011, operates in two main sectors: vocational education and ink production, with the education sector including vocational schools and training [1] Group 2 - There will be a three-year transition period for the existing business operations, during which all assets related to the ink sector will be integrated into Suzhou Kesiwood Color Technology Co., Ltd for independent accounting [2] - Wu Xianliang will continue to manage the ink sector's R&D, production, and sales, ensuring stability in the core management team and relationships with suppliers and customers [2] - If the ink sector incurs losses during the transition period, Wu Xianliang is obligated to compensate the company in cash within 60 days of the audit report [2] Group 3 - Wu Xianliang has committed to completing the separation of the ink business during the transition period, with a cash purchase of all related assets and liabilities to be negotiated based on a professional valuation [3] - The education business will maintain its existing management model during the transition, with Wu Xianliang assisting in stabilizing the core management team [3] - The transaction is expected to enhance the company's strategic development, optimize its industrial structure, and improve operational efficiency, ultimately benefiting shareholder returns [3]

科德教育（300192.SZ）深度报告 油墨龙头战略转型，AI+教育值得期待 2025 年 05 月 14 日 ➢ 油墨+教育双主业发展，投资收益增强弹性。科德教育原名是科斯伍德，主要 从事胶印油墨和 UV 油墨研发、生产和销售等业务，旗下的"东吴牌"和"Kingswood" 品牌的油墨销量处于行业较高地位。受油墨化工行业发展空间影响，公司战略转型教 育服务行业，通过外延并购将龙门教育、西安培英、天津旅外和毛坦中学等纳入旗下， 快速抢占中高考复读、营利性高中和中职教育等市场，形成了油墨化工和教育服务双 主业发展态势。同时，公司积极寻找投资机会，战略投资中国自研推理和训练芯片公 司——中昊芯英，为布局 AI+教育提供了有利条件。受益于双主业发展和投资收益， 公司营业收入稳步增长，盈利能力显著提升，投资收益增强弹性，业绩快速释放。 ➢ "双减"加速供给出清，AI+教育龙头受益。2021 年 7 月"双减"政策来袭， 校外培训受到严重影响和冲击，教培公司采取收缩、转型和退出等策略，教培行业供 给出清。根据教育部数据，截至 2022 年 2 月末，线下教培机构减少 92.14%，线上 教培机构减少 87.07%。受益 ...

Core Viewpoint - Hanghua Co., Ltd. plans to acquire 60% of Zhejiang Dick Donghua Fine Chemical Co., Ltd. for RMB 18 million, which will make Zhejiang Dick a subsidiary and included in Hanghua's consolidated financial statements [1][2]. Company Overview - Zhejiang Dick specializes in the production and sales of pigment dispersions and inkjet color pastes, with its nano pigment dispersions being crucial for the production of color photoresists used in LCD displays, impacting display quality parameters such as color gamut and contrast [2]. - Zhejiang Dick is one of the few domestic companies with complete equipment and core micro-dispersion technology for nano pigment dispersions, although it is not expected to be profitable in 2024 due to high initial investments and the nascent stage of domestic color photoresist production [2]. - Hanghua Co., Ltd., established in 1988, is one of the earliest companies in China engaged in ink production and R&D, with a product range that includes various types of inks used in printing, packaging, and publishing [2]. Strategic Implications - The acquisition is expected to enhance Hanghua's position in the industry by extending its value chain and broadening its development scope, while also complementing resources and improving competitiveness in the new materials technology sector [2].