FENBI (02469) surged over 4% in afternoon trading, with the latest figures showing an increase of 3.51% to HKD 2.95 and a trading volume of HKD 95.50 million. On October 15th, registration for the 2026 National Examination officially began, with the plan to recruit 38,119 candidates, slightly down from last year's 39,721. The age limit has been relaxed as well: candidates under 38 are eligible to apply, while master's and doctoral graduates can register up to the age of 43. Cinda Securities believes this broadening of age eligibility is likely to encourage more candidates to register. Despite a slight decrease in the number of positions, enthusiasm for public sector examinations is expected to remain strong, stimulating demand for training. Notably, following the announcement of the 2026 National Examination registration on October 14, FENBI's AI test preparation system saw a remarkable response in the market, achieving sales of over 14,000 in a single day. Candidates' choices indicate that intelligent study solutions, centered around AI large models, are becoming the mainstream option for preparation. According to FENBI's official introduction, their AI test preparation system was launched in April this year and is built on self-developed sector-specific large models, standing out as the industry's first AI-driven course product, receiving high praise from students post-launch.