TONGDAO LIEPIN (06100) saw its share price rise nearly 10% during the late trading session.

By the time of writing, the stock was up 6.84%, trading at HK$2.5 with a turnover of HK$2.003 million.

On May 15th, the bankruptcy restructuring ruling for Lagou.com officially took effect.

The recruitment industry is undergoing intense consolidation while accelerating its transformation towards AI integration.

In 2025, TONGDAO LIEPIN's comprehensive cash collection revenue from AI-related products exceeded RMB 100 million, representing a year-on-year growth of over 10 times.

This revenue accounted for approximately 5% of the company's total operating income, establishing it as one of the group's new growth engines.

TONGDAO LIEPIN stated that AI is not merely replacing traditional recruitment processes but is reconstructing the recruitment value chain by enhancing matching efficiency, improving result delivery capabilities, and optimizing user experience.

With the continuous improvement of its product matrix and the accumulation of application data, the group's self-developed vertical large model "Tongdao Huicai," along with its continuously strengthened post-training model capabilities, is expected to further enhance the company's competitive advantages in job-candidate matching accuracy, operational efficiency, and long-term cost control.