Renrui Human Resources enters Malaysia private employment agency business via OPCO contractual control structure

• Renrui set up a Malaysia structure to enter the private employment agency market via Agensi Pekerjaan Renrui Malaysia (OPCO).
• Contractual arrangements signed July 15, 2026 give Renrui Malaysia Services effective control of OPCO despite 51% local ownership rules.
• OPCO is 49% owned by Renrui’s Hong Kong unit, 51% by Lim Teng Cherng to meet Malaysia’s Class C licensing requirement.
• OPCO will be consolidated into group financial statements, with a services agreement directing 100% of after-tax profits to Renrui Malaysia Services.
• Structure includes a purchase option over the 51% stake at MYR 1 or the lowest permitted price, subject to Malaysian approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renrui Human Resources Technology Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260715-12245721), on July 15, 2026, and is solely responsible for the information contained therein.