Ruihe Data Sets Up RMB73.28 Million Connected Partnership Fund
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Ruihe Data Technology Holdings Limited has established a RMB73.28 million partnership fund through its subsidiary, Ruihe Data Shenzhen, in collaboration with Hardcore Nut and several partners. This connected transaction, involving entities linked to non-executive director Wu Kezhong, complies with Hong Kong listing rules, requiring only reporting and announcement without shareholder approval. The company, incorporated in the Cayman Islands and listed in Hong Kong, focuses on technology-driven services and investments in mainland China.
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