Ruihe Data Technology Holdings LimitedHKEX: 3680

Discloseable transaction - disposal of bitcoins

· Issued by Ruihe Data Technology Holdings Limited via HKEXnews

Filed with HKEX · Stock code 3680 · · 6 pages · English

Summary by 6ix AI

Ruihe Data Technology Holdings Limited has announced the disposal of Bitcoins in a series of transactions conducted in the open market, which took place after trading hours on a specific date. The total cash consideration for the disposal was significant, and the company expects to recognize a loss from this transaction due to the difference between the proceeds and the carrying value of the Bitcoins sold. The proceeds from the sale will be used for general working capital, including payments to suppliers and staff costs. This transaction is classified as a discloseable transaction under the Listing Rules, as it exceeds certain percentage ratios.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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