China Ruyi Holdings Limited has announced that its indirect wholly-owned subsidiary, Shanghai Ruyi Xingchen Enterprise Management Co., Ltd., has entered into an equity transfer agreement with Shanghai Wanda Network Finance Services Company Limited to acquire a 30% equity interest in KuaiQian Financial Services (Shanghai) Co., Ltd. The acquisition is valued at RMB240,000,000, to be paid in three installments. The transaction is part of China Ruyi's strategic expansion in the financial services sector.
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