Core Viewpoint - The company, Fenbi (02469.HK), has entered into a strategic cooperation agreement with Huatu Shanding Design Co., Ltd. to enhance overall competitiveness and explore collaboration in various areas related to examination training business [1] Group 1: Strategic Cooperation Agreement - The agreement was signed on December 12, 2025, during trading hours [1] - Both parties aim to leverage their complementary resources to strengthen their competitive edge [1] Group 2: Areas of Collaboration - The cooperation will focus on several key areas: 1. Investment cooperation 2. Corporate governance 3. Technology development 4. Distribution channel collaboration 5. Industry self-regulation 6. Customer service [1]

Core Viewpoint - The strategic partnership between Fenbi and Huatu marks a significant turning point in the vocational education sector, aiming to reshape the competitive landscape and promote high-quality development through resource integration [1][4]. Group 1: Strategic Cooperation - Fenbi and Huatu will collaborate not only in business development but also in equity cooperation, including strategic investments, shareholding, and the establishment of joint ventures [1]. - The partnership aims to create a new development phase focused on comprehensive solutions and full-chain services in vocational education, moving away from the traditional "tripod" market structure dominated by Fenbi, Huatu, and Zhonggong Education [1][4]. Group 2: Complementary Strengths - Fenbi, with over 70 million registered users, excels in online education, while Huatu has a robust offline presence with over 1,000 delivery bases, providing significant scale advantages [2]. - Both companies have overlapping interests in AI applications, particularly in key teaching areas such as examination preparation and interview training, which will be further integrated to enhance operational efficiency [2][3]. Group 3: Market Impact - The collaboration is expected to accelerate the concentration of the vocational education market, shifting from a multi-player landscape to a focus on leading players [4][5]. - The partnership will address the fragmentation in the market, where many small institutions lack service capacity and resources, by leveraging technology and physical channels to create higher competitive barriers [4]. Group 4: Industry Standards and Ethics - Fenbi and Huatu advocate for a healthy and transparent industry environment, ensuring fair refund policies and accurate disclosure of course effectiveness and employment data [4]. - The companies aim to resist false advertising and price competition that compromises teaching quality, thereby enhancing the overall development environment of the industry [4]. Group 5: Long-term Outlook - The partnership is seen as a critical turning point that will drive the vocational education sector towards greater professionalization and standardization, reinforcing the market position of leading companies [5][6]. - The expected improvements in efficiency and model upgrades from this collaboration are likely to have a positive impact on the capital market value of both companies [6].

Group 1 - The core viewpoint of the announcement is the establishment of a strategic cooperation agreement between Fenbi (02469.HK) and Huatu Shanding (300492.SZ) to enhance their overall competitiveness in the recruitment training industry [1] - Both companies are recognized leaders in the recruitment training sector, with Huatu being a publicly listed company in A-shares and Fenbi being a Hong Kong-listed company with significant user traffic and leading technology [1] - The collaboration aims to explore various areas within the recruitment training business, including the integration of business infrastructure and the application of AI technology to significantly expand revenue bases and improve operational and marketing efficiency [1] Group 2 - The partnership is expected to raise industry entry barriers and further integrate industry development by leveraging the competitive advantages and leadership positions of both companies [1] - Both companies believe that these initiatives will greatly enhance the learning experience for users while solidifying their leadership positions in the industry [1]

此外，本公司与华图将共同寻求业务合作，包括整合业务基建及应用AI技术，以大幅扩展收入基础或 提升营运与行销效率，而双方均相信此等举借将大幅改善用户的学习体验，同时巩固双方在行业的领导 地位。 本公司与华图均为在招聘培训行业内具领导地位、信誉昭着的公司。华图作为A股上市公司，拥有广泛 的线下分支机构，而本公司作为香港上市公司，用户流量傲视同侪，在行业内拥有领先技术。本公司及 华图将凭借在行业内的竞争优势及领导地位，加快提高行业的进入门槛，进一步整合行业发展。 粉笔(02469)发布公告，于2025年12月12日(交易时段)，本公司与华图山鼎（300492）设计股份有限公司 (华图)订立战略合作协议。根据战略合作协议，双方同意建立战略合作关系，发挥各自资源互补优势， 提升双方整体竞争力。双方旨在共同探索招录类考试培训业务中下列领域的合作：1.投资合作;2.公司治 理;3.技术开发;4.分销渠道合作;5.行业自律;6.客户服务。 ...

公告表示，公司与华图均为在招聘培训行业内具领导地位、信誉昭着的公司。华图作为A股上市公司， 拥有广泛的线下分支机构，而公司作为香港上市公司，用户流量傲视同侪，在行业内拥有领先技术。公 司及华图将凭藉在行业内的竞争优势及领导地位，加快提高行业的进入门槛，进一步整合行业发展。 格隆汇12月14日丨粉笔(02469.HK)发布公告，2025年12月12日，公司与华图山鼎(300492.SZ)订立战略合 作协议。根据战略合作协议，双方同意建立战略合作关系，发挥各自资源互补优势，提升双方整体竞争 力。双方旨在共同探索招录类考试培训业务中下列领域的合作。 此外，公司与华图将共同寻求业务合作，包括整合业务基建及应用AI技术，以大幅扩展收入基础或提 升营运与行销效率，而双方均相信此等举借将大幅改善用户的学习体验，同时巩固双方在行业的领导地 位。 ...

证券代码：300492 证券简称：华图山鼎 公告编号：2025-079 关于召开 2025 年第三次临时股东大会通知的补充公告 华图山鼎设计股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 华图山鼎设计股份有限公司（以下简称"公司"）于 2025 年 12 月 2 日在巨 潮资讯网（www.cninfo.com.cn）上披露了《关于召开 2025 年第三次临时股东大 会的通知》，本次股东大会审议的议案包含《关于补选第五届董事会独立董事的 议案》，深圳证券交易所已对公司独立董事候选人的任职资格和独立性进行了审 查，结果为无异议，现补充独立董事候选人简历如下，除此外，本次股东大会的 召开时间、地点、股权登记日等其他事项不变。 独立董事候选人简历 董事会 2025 年 12 月 9 日 截至本公告披露之日，姚刚先生未直接持有公司股份，与公司控股股东、实 际控制人、其他持有公司 5%以上股份的股东、公司其他董事、高级管理人员不 存在关联关系，三年内未受过中国证监会及其他有关部门的处罚和证券交易所惩 戒，也不存在《深圳证券交易所上市公司自律监管指引第 2 号 ...

证券代码：300492 证券简称：华图山鼎 公告编号：2025-080 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或 重大遗漏。 一、召开会议的基本情况 1、股东会届次：2025 年第三次临时股东大会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所创业板股 票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号—创业板上市公司规范运作》 等法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 12 月 17 日 14:00 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 12 月 17 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为 2025 年 12 月 17 日 9:15 至 15:00 的任意时间。 华图山鼎设计股份有限公司 关于召开 2025 年第三次临时股东大会的通知（补充后） 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登 ...

Group 1 - The core viewpoint of the article highlights the performance of the Zhongzheng 1000 Growth ETF (562520), which opened with a 0.40% increase, priced at 1.268 yuan [1] - The ETF's major holdings include stocks such as Jucheng Co., which rose by 0.48%, and other companies like Gigabit and Guangku Technology, which experienced declines of 0.29% and 1.15% respectively [1] - The performance benchmark for the Zhongzheng 1000 Growth ETF is the Zhongzheng Smart Selection 1000 Growth Innovation Strategy Index, managed by Huaxia Fund Management Co., with a return of 26.48% since its inception on March 8, 2022, and a recent one-month return of -1.76% [1]

Group 1 - The core point of the article is that Huatu Shanding (SZ 300492) held its seventh meeting of the fifth board of directors on December 1, 2025, to review proposals including amendments to the company's articles of association [1] - For the year 2024, the revenue composition of Huatu Shanding is reported to be 98.54% from non-degree training and 1.46% from architectural design [1] - As of the report, Huatu Shanding has a market capitalization of 13.8 billion yuan [1]

Group 1 - The company Huatu Shanding announced that its wholly-owned subsidiary Huatu Education Technology plans to purchase 25 properties located on the 1st to 5th floors of the Haier Times Building, with a total area of 8,841.35 square meters and 30 underground parking spaces from Tianjin Huatu Enterprise Management [1] - The total transaction amount for the property acquisition is 130 million yuan (including tax) [1] - The purchased properties will serve as an important carrier for the company's non-degree training business area operation reform [1]