Renrui Human Resources Announces Major Subsidiary Disposal

Renrui Human Resources Technology Holdings Limited ( (HK:6919) ) just unveiled an announcement.

Renrui Human Resources Technology Holdings Limited has entered into a formal agreement to sell its entire equity interest in a non-wholly owned subsidiary for RMB320,698,200. This disposal will result in the subsidiary no longer being part of the company’s consolidated financial statements, marking a significant strategic move for Renrui. The transaction is classified as a major one under the Hong Kong Stock Exchange’s listing rules, requiring shareholder approval. The disposal is subject to certain conditions and may not be finalized, prompting shareholders and investors to exercise caution.

More about Renrui Human Resources Technology Holdings Limited

Renrui Human Resources Technology Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in providing human resources services. The company operates in the HR industry, focusing on offering comprehensive HR solutions to its clients.

YTD Price Performance: -1.25%

Average Trading Volume: 554,940

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$606.1M

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