Core Viewpoint - The stock of Fenbi (02469) has risen over 6%, currently trading at 2.78 HKD, with a trading volume of 68.9 million HKD, driven by the upcoming civil service examination recruitment announcements and the anticipated growth in AI-based test preparation products [1] Company Summary - Fenbi's AI test preparation system was launched in April this year, priced at 399 RMB, which offers real-time learning data planning and dynamic customization of study plans, significantly enhancing user experience [1] - As of June 30, 2025, Fenbi has sold 50,000 units of its AI test preparation system, generating approximately 20 million RMB in sales [1] - The company plans to introduce more AI large classes in various subjects by the end of the year following the recent upgrade of its AI matrix with the launch of the civil service AI test preparation class [1] Industry Summary - The new civil service examination recruitment announcements are expected to peak in October, with the latest announcement indicating that candidates aged 18 to 38 are eligible, and for 2026 graduates with master's and doctoral degrees, the age limit is extended to under 43 [1] - Huatai Securities predicts that as the national examination approaches, the AI test preparation classes are likely to see accelerated growth, with annual sales expected to reach nearly 200,000 participants [1] - The new AI products are characterized by lower pricing, personalized and efficient learning experiences, and increased resistance to piracy, making them competitive and capable of achieving stable profitability in the current market environment [1]
港股异动 | 粉笔(02469)涨超6% 国考年龄限制放宽 机构看好AI刷题班有望加速放量