FENBI (02469) announced on December 12, 2025 (during trading hours) that it has entered into a strategic cooperation agreement with Huatu Shanding Design Co., Ltd. (Huatu). Under the agreement, both parties will leverage their complementary resources to enhance overall competitiveness.

The collaboration will focus on exploring opportunities in the following areas of recruitment examination training services: 1. Investment cooperation 2. Corporate governance 3. Technological development 4. Distribution channel collaboration 5. Industry self-regulation 6. Customer service

Both FENBI and Huatu are leading and reputable companies in the recruitment training sector. Huatu, an A-share listed company, boasts an extensive offline branch network, while FENBI, as a Hong Kong-listed firm, leads the industry in user traffic and technological innovation.

By leveraging their competitive advantages and market leadership, the two companies aim to raise industry entry barriers and drive further consolidation. Additionally, they will explore business synergies, including infrastructure integration and AI adoption, to expand revenue streams and improve operational and marketing efficiency. These initiatives are expected to significantly enhance user learning experiences while reinforcing their dominant positions in the industry.