Yiren Digital Enters Agreement To Acquire 100% Equity Interest In Chongqing Jintong For RMB204.9M
Portfolio Pulse from Benzinga Newsdesk
Yiren Digital has entered an agreement to acquire 100% equity interest in Chongqing Jintong for RMB204.9 million. Chongqing Jintong primarily operates financing guarantee business and provides relevant financing advisory services.
June 27, 2023 | 10:03 am
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Yiren Digital's acquisition of Chongqing Jintong for RMB204.9 million will expand its financing guarantee and advisory services.
Yiren Digital's acquisition of Chongqing Jintong will expand its business operations in the financing guarantee and advisory services sector. This could potentially lead to increased revenues and growth for the company, positively impacting its stock price in the short term.
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