Beijing Human Resources announces financial aid, stake reduction, governance changes

Beijing Human Resources announced its wholly-owned subsidiary, Beijing Foreign Enterprise Human Resources Service Co., Ltd., will provide a JPY8,400,000 loan to its associate, Linghe Talent Services (Beijing) Group Co., Ltd., for 12 months at LPR + 0.1%. This is a connected transaction, as a company director also serves on Linghe Talent's board.

Concurrently, the company's major shareholder, Tianjin Rongheng Equity Investment Partnership (Limited Partnership), plans to reduce its stake by up to 16,983,381 shares, or 3% of the total share capital, through centralized bidding and block trading between October 17, 2025, and January 16, 2026, to meet its own funding needs.

Further, Beijing Human Resources will convene its Second Extraordinary General Meeting of 2025 on October 13, 2025, to approve significant amendments to its Articles of Association, Rules of Procedure for Shareholder Meetings, and Rules of Procedure for Board Meetings. These revisions include changes related to financial assistance, governance, and the removal of the supervisory board, transferring its functions to a newly established audit and risk committee.