We are performing a series of observations with ground-based telescopes toward Planck Galactic cold clumps (PGCCs) in the $lambda$ Orionis complex in order to systematically investigate the effects of stellar feedback. In the particular case of PGCC G192.32-11.88, we discovered an extremely young Class 0 protostellar object (G192N) and a proto-brown dwarf candidate (G192S). G192N and G192S are located in a gravitationally bound bright-rimmed clump. The velocity and temperature gradients seen in line emission of CO isotopologues indicate that PGCC G192.32-11.88 is externally heated and compressed. G192N probably has the lowest bolometric luminosity ($sim0.8$ L$_{sun}$) and accretion rate (6.3$times10^{-7}$ M$_{sun}$~yr$^{-1}$) when compared with other young Class 0 sources (e.g. PACS Bright Red sources (PBRs)) in the Orion complex. It has slightly larger internal luminosity ($0.21pm0.01$ L$_{sun}$) and outflow velocity ($sim$14 km~s$^{-1}$) than the predictions of first hydrostatic cores (FHSCs). G192N might be among the youngest Class 0 sources, which are slightly more evolved than a FHSC. Considering its low internal luminosity ($0.08pm0.01$ L$_{odot}$) and accretion rate (2.8$times10^{-8}$ M$_{sun}$~yr$^{-1}$), G192S is an ideal proto-brown dwarf candidate. The star formation efficiency ($sim$0.3%-0.4%) and core formation efficiency ($sim$1%) in PGCC G192.32-11.88 are significantly smaller than in other giant molecular clouds or filaments, indicating that the star formation therein is greatly suppressed due to stellar feedback.
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