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China – Renrui provides business update, number of flexible staffing employees on the rise

22 November 2021

Renrui Human Resources Technology (6919: HKG), a mainland China-based flexible staffing service provided a voluntary business update.

The group said it will continue to strengthen its position in the comprehensive flexible staffing industry in China by ‘providing quality services to its clients’.

The board of directors of the company announced that the number of the group’s comprehensive flexible staffing employees was 49,343 as of 31 October 2021, representing a slight decrease of 329 when compared to the number of comprehensive flexible staffing employees as of 30 September 2021. This represents a year-on-year increase of 14,084 as compared to 35,259 comprehensive flexible staffing employees as at 31 October 2020.

On September 2021, Renrui announced that it agreed to acquire two China-based staffing providers, Jiangnan Finance Technology (Changzhou) Co. Ltd. and Shanghai Lingshi Human Resources Services Ltd.