FENBI (02469) and Huatu have reached a strategic cooperation agreement to consolidate their leading positions in the industry.

FENBI (02469) announces that on December 12, 2025 (during trading hours), the company has entered into a strategic cooperation agreement with Cendes Co., Ltd. (). According to the agreement, both parties agree to establish a strategic partnership, leverage each other's complementary advantages, and enhance the overall competitiveness of both parties. The aim is to explore cooperation in the following areas of examination training business: 1. Investment cooperation; 2. Corporate governance; 3. Technology development; 4. Distribution channel cooperation; 5. Industry self-regulation; 6. Customer service. Both the company and are leading and reputable companies in the recruitment training industry. , as a listed company on the A-share market, has a wide range of offline branches, while the company, as a Hong Kong-listed company, boasts superior user traffic and leading technology in the industry. The company and will leverage their competitive advantages and leading positions in the industry to raise the entry barriers into the industry and further integrate the industry's development. Furthermore, the company and will seek business cooperation, including integrating business infrastructure and using AI technology to significantly expand revenue base or enhance operational and marketing efficiency. Both parties believe that such initiatives will greatly improve the users' learning experience and solidify their leading positions in the industry.