Yanshan Technology: Wholly-owned subsidiary Hainan Ruihong, together with Guoce Investment and others, will jointly invest in Jiaxing Lansheng Fund, which will be focused on Bytedance Ltd.

date
15/07/2025
Yanshan Technology announced that its wholly-owned subsidiary, Hainan Ruihong Entrepreneurial Investment Co., Ltd., participated in the investment in Jiaxing Lansheng Entrepreneurial Investment Partnership Enterprise with a subscribed capital contribution of 20.32 million yuan, accounting for 48.80% of the total subscribed capital contribution. The target subscribed capital scale of the partnership enterprise is 41.64 million yuan, jointly formed by Hainan Ruihong, Guoce Investment, Shanghai Zijing Business Information Management Center, and Shanghai Qiming Information Technology Co., Ltd. The fund will be invested in Bytedance Ltd.