Fenbi Co., Ltd. ("Fenbi") announced a positive profit forecast on July 25, 2024, with expected revenue of no less than RMB 1,610 million and net profit of no less than RMB 255 million for the six months ending June 30, 2024, an increase of over 212.9% compared to the same period last year. Adjusted net profit is expected to increase by no less than 13.5%. This growth is mainly attributed to the enhancement of operational efficiency through technological empowerment, reduction in employee costs, and a significant decrease in share-based compensation. The company's board of directors reminds that the above financial data is based on preliminary evaluation, without independent auditor review or audit, and the final data may differ. The mid-term performance announcement is expected to be released in August 2024.

Fenbi Co., Ltd. ("Fenbi") announced a positive profit forecast on July 25, 2024, with expected revenue of no less than RMB 1,610 million and net profit of no less than RMB 255 million for the six months ending June 30, 2024, an increase of over 212.9% compared to the same period last year. Adjusted net profit is expected to increase by no less than 13.5%. This growth is mainly attributed to the enhancement of operational efficiency through technological empowerment, reduction in employee costs, and a significant decrease in share-based compensation. The company's board of directors reminds that the above financial data is based on preliminary evaluation, without independent auditor review or audit, and the final data may differ. The mid-term performance announcement is expected to be released in August 2024.