---
title: "Hi Sun Reviews Bid to Take Cloopen Private at Significant Premium"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/270915591.md"
description: "Hi Sun Technology (China) Limited is reviewing a proposal from a buyer group led by Cloopen's founder and Trustbridge Partners to take Cloopen Group Holding Limited private. The proposal offers a significant premium over recent market prices. Hi Sun has previously written down its Cloopen stake to zero and is assessing the potential impact of this deal, which may require further announcements under Hong Kong listing rules."
datetime: "2025-12-28T10:41:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/270915591.md)
  - [en](https://longbridge.com/en/news/270915591.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/270915591.md)
generator: "portal-rs"
---

# Hi Sun Reviews Bid to Take Cloopen Private at Significant Premium

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Hi Sun Technology (China) Limited ( (HK:0818) ) has shared an announcement.

Hi Sun Technology (China) Limited has disclosed that Cloopen Group Holding Limited, in which it holds 55,677,341 Class A ordinary shares, has received a preliminary non-binding proposal from a buyer group led by Cloopen’s founder and Trustbridge Partners VII, L.P. to take the company private by acquiring all outstanding ordinary shares and ADSs at a significant premium to recent market prices. Hi Sun has written down the carrying value of its Cloopen stake to zero in recent financial statements and is currently reviewing the proposed going-private deal, which, if it proceeds, could transform the value of this investment and may constitute a notifiable transaction under Hong Kong listing rules, prompting further announcements as required.

The most recent analyst rating on (HK:0818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hi Sun Technology (China) Limited stock, see the HK:0818 Stock Forecast page.

**More about Hi Sun Technology (China) Limited**

Hi Sun Technology (China) Limited is a Bermuda-incorporated company listed in Hong Kong that operates through subsidiaries in the technology sector, with investments that include a stake in U.S.-listed cloud communications provider Cloopen Group Holding Limited.

**Average Trading Volume:** 3,674,016

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$1.31B

Learn more about 0818 stock on TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**