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

“As flexible staffing services is the major business segment of the Group, the Group has been focusing on the development of this business segment and the continuous recruitment of flexible staffing employees to be deployed to clients,” the company stated.

The board of directors announced that the number of the group’s flexible staffing employees increased by 10,223 or 42.8%, to a total of 34,123 as of 28 February 2021 compared to the same period last year (29 February 2020).

The number of flexible staffing employees decreased from 36,138 as of 31 January 2021 to 34,123 as of 28 February 2021, representing a decrease of 2,015, or -5.6%.

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

In an update in January, the group said it expects to record an increase in revenue of approximately 20% to 30% for FY 2020 as compared to the revenue for the corresponding period in 2019.