China Ruyi Holdings Limited Announces Private Placement of New Shares Under General Mandate
Reuters
Oct 10
<a href="https://laohu8.com/S/00136">China Ruyi</a> Holdings Limited Announces Private Placement of New Shares Under General Mandate
China Ruyi Holdings Limited has announced the signing of a second supplemental agreement regarding the issue of new shares under its general mandate. The company affirmed that it maintains a strong cash flow position, with cash and cash equivalents totaling approximately RMB5.53 billion as of June 30, 2025. China Ruyi stated it is satisfied with the subscription price and considers the extension of the subscription long stop date acceptable. The new shares are being subscribed by Infini Global Master Fund, described as a reputable international multi-strategy fund. The company emphasized that it has sufficient capital to support its short-term business operations and development. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.
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