Ronshin Group's subsidiary Rongchuang Rongying plans to acquire 51% equity in Youxue Baobei
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Ronshin Group's wholly-owned subsidiary Rongchuang Rongying plans to acquire 51% equity of Youxue Baobei for 16.32 million yuan. After the transaction is completed, it will be included in the consolidated financial statements. This move aims to leverage Youxue Baobei's exclusive book resources and e-commerce channels to enhance the company's strategic layout in the field of imported English original children's books
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