<a href="https://laohu8.com/S/VCHLF">Value Convergence Holdings Ltd.</a> Forms Joint Venture in China with Shenzhen Partners to Provide Training and Consulting Services
Value Convergence Holdings Ltd. has announced the formation of a joint venture with Shenzhen Gaoge and Shenzhen Fenglinhui. According to a joint venture agreement signed on October 6, 2025, the new company, Shenzhen Gaosheng Investment Co., Ltd., will be established in the PRC as a private company limited by shares. The ownership will be split with Value Convergence Holdings' subsidiary VCFT holding 34%, and Shenzhen Gaoge and Shenzhen Fenglinhui each holding 33%. The joint venture will focus on providing training, professional consulting, and related services, with a total registered capital of RMB 1 million to be contributed by the parties over the next five years. The board will consist of three directors, two appointed by VCFT and one by Shenzhen Gaoge. Upon completion, the joint venture will become a non-wholly owned subsidiary of Value Convergence Holdings, with its financial results consolidated into the group's accounts.
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