TRULY INT'L plans to acquire approximately 11.43% equity in TRULY Renshou through a public bidding process
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TRULY INT'L plans to acquire approximately 11.43% of the equity of TRULY Life through public bidding, with a total bid price not exceeding RMB 1.05 billion. The equity structure of TRULY Life is as follows: TRULY Optoelectronics holds approximately 29.69%, RenShou Industrial Investment holds approximately 64.29%, and RenShou JiAn No. 1 Limited Partnership holds approximately 6.02%. This acquisition will be conducted through two independent public tenders, and if both tenders are successful, TRULY Optoelectronics will acquire approximately 11.43% of the equity, valued at approximately HKD 876 million
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