China Ruyi Holdings Limited announced that its indirect wholly-owned subsidiary, Virtual Cinema Entertainment Limited, has entered into a share subscription agreement with AIsphere Limited. Under the agreement, China Ruyi will invest approximately US$14.2 million to acquire shares in AIsphere Limited. Following the completion of the investment, AIsphere Limited will not become a subsidiary of China Ruyi; instead, it will be accounted for as an associate, and its financial results will not be consolidated into China Ruyi’s group financial statements. The agreement also includes a three-year strategic cooperation framework between China Ruyi, Mr. Wang Changhu, and Beijing AIsphere Technology Co., Ltd., with the option to negotiate a renewal upon expiry.
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. China Ruyi Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260118-11994153), on January 18, 2026, and is solely responsible for the information contained therein.
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