--- title: "Ronshin Group: Rongchuang Rongying used its own funds of 16.32 million yuan to acquire 42% and 9% equity in Youxue Baobei held by Bian Jikang and Ma Li, respectively" type: "News" locale: "en" url: "https://longbridge.com/en/news/258675513.md" description: "Ronshin Group announced that its wholly-owned subsidiary Rongchuang Rongying has acquired 42% and 9% equity stakes in Youxue Baobei held by Bian Jikang and Ma Li, respectively, using its own funds of 16.32 million yuan. After the transaction is completed, Rongchuang Rongying will hold a 51% equity stake in Youxue Baobei. This transaction aims to enrich product categories, expand business areas, and enhance the company's overall competitiveness. From January to May 2025, Youxue Baobei achieved operating income of 28.3426 million yuan and net profit of 4.2984 million yuan" datetime: "2025-09-24T10:19:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258675513.md) - [en](https://longbridge.com/en/news/258675513.md) - [zh-HK](https://longbridge.com/zh-HK/news/258675513.md) --- # Ronshin Group: Rongchuang Rongying used its own funds of 16.32 million yuan to acquire 42% and 9% equity in Youxue Baobei held by Bian Jikang and Ma Li, respectively Ronshin Group announced that its wholly-owned subsidiary Rongchuang Rongying has acquired 42% and 9% equity stakes in Youxue Baobei held by Bian Jikang and Ma Li, respectively, for a total of 16.32 million yuan in self-owned funds. Upon completion of the transaction, Rongchuang Rongying will hold a 51% equity stake in Youxue Baobei. This transaction aims to enrich product categories, expand business areas, and enhance the company's overall competitiveness. From January to May 2025, Youxue Baobei achieved operating income of 28.3426 million yuan and net profit of 4.2984 million yuan ### Related Stocks - [301231.CN](https://longbridge.com/en/quote/301231.CN.md) ## Related News & Research - [Roger Stone allegedly threatened political retribution against Cuomo brothers, others in text messages](https://longbridge.com/en/news/286942036.md) - [Is AI a bubble? It’s starting to get soapy](https://longbridge.com/en/news/286937439.md) - [Polytechnic students create AI chatbot to improve access to special needs resources and support](https://longbridge.com/en/news/286932477.md) - [Legendary investor Jeremy Grantham says AI is the only thing that's prevented a recession and a market crash](https://longbridge.com/en/news/286934529.md) - [US cyber agency CISA exposed reams of passwords and cloud keys to the open web](https://longbridge.com/en/news/286937105.md)