Renrui Human Resources Considers Potential Subsidiary Sale

Renrui Human Resources Technology Holdings Limited (HK:6919) has released an update.

Renrui Human Resources Technology Holdings Limited has announced a non-binding letter of intent for the potential sale of its non-wholly owned subsidiary, Shanghai Sirui Information Technology Co., Ltd., to Neusoft Group Co., Ltd. This potential disposal involves a mix of cash and share consideration, but terms are still under negotiation and no definitive agreement has been reached. Investors should remain cautious as the deal may or may not proceed.

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