Ruineng Technology (603933.SH) plans to participate in the strategic placement of Xinsheng Technology's initial public offering of no more than 20 million yuan

Zhitong Finance App News, Ruineng Technology (603933.SH) announced that in order to strengthen the strategic partnership with Zhejiang Xinsheng Technology Co., Ltd. (“Xinsheng Technology” for short), the company plans to participate in the strategic placement of Xinsheng Technology's initial public offering of shares and listing on the Beijing Stock Exchange as a strategic investor in the industry with no more than 20 million yuan of its own capital.