---
title: "Ruihe Data Sets Up RMB73.28 Million Connected Partnership Fund"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285643454.md"
description: "Ruihe Data Technology Holdings Limited has established a RMB73.28 million partnership fund through its subsidiary, Ruihe Data Shenzhen, in collaboration with Hardcore Nut and several partners. This connected transaction, involving entities linked to non-executive director Wu Kezhong, complies with Hong Kong listing rules, requiring only reporting and announcement without shareholder approval. The company, incorporated in the Cayman Islands and listed in Hong Kong, focuses on technology-driven services and investments in mainland China."
datetime: "2026-05-08T00:47:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285643454.md)
  - [en](https://longbridge.com/en/news/285643454.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285643454.md)
---

# Ruihe Data Sets Up RMB73.28 Million Connected Partnership Fund

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The latest update is out from Suoxinda Holdings Limited ( (HK:3680) ).

Ruihe Data Technology Holdings Limited has entered into a partnership agreement through its indirect wholly owned subsidiary, Ruihe Data Shenzhen, with Hardcore Nut as general partner and several institutional and individual limited partners to establish a limited partnership fund with total capital contributions of RMB73.28 million. The structure involves connected persons, including entities associated with non-executive director Wu Kezhong, making the deal a connected transaction under Hong Kong listing rules, though it falls below thresholds requiring shareholder approval and is only subject to reporting and announcement requirements, signalling a modest but regulated expansion of the company’s investment activities.

**More about Suoxinda Holdings Limited**

Ruihe Data Technology Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the data technology sector. The group conducts its business through subsidiaries including Ruihe Data Shenzhen, reflecting a focus on technology-driven services and investments in related ventures in mainland China.

**Average Trading Volume:** 2,290,983

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$1.98B

Learn more about 3680 stock on TipRanks’ Stock Analysis page.

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