Huatu Cendes to hold EGM on strategic partnership with Fenbi

Huatu Cendes announced its first extraordinary general meeting of shareholders for 2026, scheduled for January 9, 2026, in Chengdu, Sichuan province. The meeting, combining on-site voting with online polling via the Shenzhen Stock Exchange, will consider a proposal to appoint a director to Fenbi Co., Ltd. and discuss the strategic cooperation agreement. The record date for attendance is January 5, 2026.

The decision follows the fifth board of directors' eighth meeting on December 12, 2025, which approved a strategic cooperation agreement with Fenbi Co., Ltd. (HK2469) and the proposed appointment of Wu Zhengli, chairman of Huatu Cendes, as a director of Fenbi. The agreement aims to enhance governance, optimize resources, and expand into the adult non-degree training market.

This strategic partnership, while not involving specific financial commitments or constituting a major asset restructuring, intends to foster collaboration in investment, governance, technology development, and channel integration. It is expected to strengthen both companies' competitive positions in the industry. The board confirmed that the agreement does not affect the company’s independence and does not currently impact its financial performance or operating results.