Announcement • Apr 30
Zhongyiren Value Growth No. 5 Private Securities Investment Fund managed by Rizhao ZYR Investment Co., Ltd. completed the acquisition of 5.02% stake in Bonree Data Technology Co., Ltd (SHSE:688229) from Li Kai and Shanghai Jiahe Xingli Consulting Management Center (Limited Partnership). Zhongyiren Value Growth No. 5 Private Securities Investment Fund managed by Rizhao ZYR Investment Co., Ltd. signed a share transfer agreement to acquire 5.02% stake in Bonree Data Technology Co., Ltd (SHSE:688229) from Li Kai and Shanghai Jiahe Xingli Consulting Management Center (Limited Partnership) for approximately CNY 120 million on February 3, 2026. Under the terms of the acquisition, Rizhao ZYR Investment will pay CNY 53.136 in cash per share. As part of consideration, Rizhao ZYR Investment will pay CNY 118.39 million. Li Kai, Shanghai Jiahe Xingli Consulting Management Center and Rizhao ZYR Investment Co., Ltd. agreed on an installment payment plan for the equity transfer. Rizhao ZYR will pay a CNY 5 million deposit within 5 trading days of signing the agreement. After the equity transfer announcement, Rizhao ZYR must pay 70% of the total consideration (CNY 82.8709 million) within 20 trading days of receiving approval from the Shanghai Stock Exchange. The remaining 30% (CNY 35.5161 million) will be paid upon completion of the equity transfer registration. Upon completion, Li Kai and Shanghai Jiahe Xingli Consulting Management Center will continue to hold 21.1% and 1% stake respectively in Bonree Data Technology Co., Ltd.
The transaction is subject to approval from The Shanghai Stock Exchange.
Zhongyiren Value Growth No. 5 Private Securities Investment Fund managed by Rizhao ZYR Investment Co., Ltd. completed the acquisition of 5.02% stake in Bonree Data Technology Co., Ltd (SHSE:688229) from Li Kai and Shanghai Jiahe Xingli Consulting Management Center (Limited Partnership) on April 29, 2026. Reported Earnings • Apr 29
First quarter 2026 earnings released: CN¥0.26 loss per share (vs CN¥0.21 loss in 1Q 2025) First quarter 2026 results: CN¥0.26 loss per share (further deteriorated from CN¥0.21 loss in 1Q 2025). Revenue: CN¥32.2m (down 11% from 1Q 2025). Net loss: CN¥11.6m (loss widened 26% from 1Q 2025). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. 
