At the beginning of the New Year, everything looks new. It is advisable to summarize the gains and also look forward to the future. On the evening of January 5, 2024, at the headquarters' annual meeting held in Beijing, Zhang Xiaolong, the CEO of Fenbi, and Wei Liang, the president, enthusiastically shared the company's business performance and growth over the past year with colleagues based on their personal work and life insights.

From April 10th to April 15th, 2021, the middle-level cadre training meeting of Fenbi Education was held at the training base in Henan Province. This meeting lasted for six days. Zhang Xiaolong, the CEO of Fenbi Education, participated throughout as the main speaker and shared his insights and experiences accumulated over many years of work with the colleagues present.

On January 9th, Fenbi Limited (hereinafter referred to as "Fenbi" or "the Company") was listed on the main board of the Hong Kong Stock Exchange with the stock code 02469.HK. The issue price was HK $9.9 per share, and the shares were traded in units of 500 shares per lot. The proceeds from the global offering were approximately HK $120 million. As of 9:50 a.m. on January 9th, Fenbi's opening price rose by more than 10%, with a total market value of approximately 23.196 billion Hong Kong dollars.

In fact, cracking down on pirated online courses, textbooks and supplementary teaching materials is an inherent part of strengthening the protection of intellectual property rights. It is also an inevitable requirement for protecting the healthy growth of consumers and teenagers. Moreover, relevant departments attach great importance to the related issues of piracy and infringement.

On August 30th, Fenbi Co., LTD. (02469.HK, hereinafter referred to as "Fenbi") released its interim financial report for 2023. Driven by both offline and online channels, the company achieved double growth in revenue and profit.

China Securities Journal (Reporter Dong Tian) On August 30, Fenbi (02469.HK) released its interim results report for 2023. The report shows that for the six months ended June 30, 2023, Fenbi achieved an adjusted profit of 288 million yuan, compared with 95.63 million yuan in the same period of the previous year, representing a year-on-year growth of 201.2%. Revenue reached 1.682 billion yuan, representing a year-on-year growth of 15.9%.