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China's Ruyi plans to acquire 100% of Beijing Youai Mutual Entertainment Technology's shares for 259 million yuan
China Ruyi (00136) announced that on May 7, 2024, Beijing Ruyi (the company's controlled structural entity) and the seller (Beijing Chaoxi Guangnian Information Technology Co., Ltd. and Beijing Youyi Technology Co., Ltd.) signed an equity transfer agreement. Beijing Ruyi plans to acquire 100% of the sales shares of Beijing Youai Mutual Entertainment Technology Co., Ltd. from the seller at a cost of RMB 259 million (subject to adjustment). After the equity transfer is completed, the target company will become an indirect wholly-owned subsidiary of the company, and the target company's financial performance, assets and liabilities will be comprehensively incorporated into the group's accounts. According to the announcement, the purpose
China Ruyi (00136.HK): Beijing Ruyi plans to acquire 100% of Beijing Youai Mutual Entertainment Technology's shares for 259 million yuan
Gelonghui, May 7, 丨 China Ruyi (00136.HK) announced that on May 7, 2024, Beijing Ruyi (the company's controlled structural entity) and the seller entered into an equity transfer agreement. According to this, the seller (Beijing Chaoxi Guangnian Information Technology Co., Ltd., Beijing Youyi Technology Co., Ltd.) conditionally agreed to acquire sales shares equivalent to 100% of the target company Beijing Youai Mutual Entertainment Technology Co., Ltd., at a cost of RMB 259 million (subject to adjustment). After the equity transfer is completed, the target company will become an indirect wholly-owned subsidiary of the company, and the target company's financial business
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