Fenbi Ltd. has issued a profit alert and business update, indicating a projected revenue of not less than RMB1,472 million for the first half of 2025. This represents a decrease of no more than 9.7% compared to the RMB1,630 million revenue recorded during the same period in 2024. The decline is primarily attributed to decreased sales in tutoring services due to ongoing intense competition in the recruitment examination tutoring sector. Despite this, the company anticipates that its competitive advantages and new AI-empowered course product systems will aid in expanding market share, increasing revenue, and improving profit margins in the short term. The financial figures are based on preliminary assessments and have not yet been reviewed or audited. Fenbi Ltd. plans to announce its interim results by the end of August 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares, as the interim results are still being finalized.
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