HK Stock Market Move | FENBI(02469) rose by more than 8%, will soon launch "AI Question Practice System Class", the company continues to maintain steady and profitable.

FENBI (02469) rose more than 8%, as of the time of writing, it was up 8.24% to HK$2.76, with a turnover of HK$84.53 million. On the news front, FENBI announced this morning that it will launch an "AI brush question system class" based on its self-developed vertical domain large model on March 17th. The course adopts a dual-teacher combination of "famous teacher + AIDIGIHUMAN teacher" mode, with the ability to think deeply like DeepSeek, covering all subjects of the public examination, priced at 680 yuan. According to FENBI, this course is the first product in the public examination field to be dominated by AI teaching. It is reported that FENBI will increase its investment in AI research and development by 30% annually, and plans to jointly build an educational large model laboratory with top institutions to create a smart education center with "diagnosis-prediction-evolution" capabilities, promoting the development of "AI + vocational education" field. FENBI had previously released its 2024 full-year performance forecast. The report shows that FENBI expects revenue in 2024 to be no less than 2.77 billion yuan, net profit no less than 230 million yuan, a substantial increase of no less than 19.3% compared to the same period last year of 190 million yuan, adjusted net profit is expected to be no less than 350 million yuan. Tianfeng stated that since listing, FENBI has continued to maintain stable profitability, achieving double-digit growth in net profit, and its strong performance has been fully recognized by the market. China Securities Co., Ltd. research report pointed out that ChatGpt is ushering in the era of generative AI, while DeepSeek significantly reduces costs, indicating that a transformation in AI education is imminent.