Yichen Group (08365): Intends to establish INSMEN GROUP joint venture platform and investment vehicle

Zhito Finance APP news, Yichen Group (08365) has issued an announcement. The Company intends to (i) invest in Insmen Global Strategic Holding Group Co., Limited ("Insmen Global") together with Insmen Strategic Investment Holdings Limited ("Insmen Strategic"), Aqua Labs Investment LLC ("Aqua Labs"), Cornerstone Information Systems Limited ("Cornerstone Information Systems"), and Mr. Pan Yangwen ("Mr. Pan") (collectively referred to as the "Partners"); and (ii) through Insmen Global, jointly establish a joint venture platform Insmen GROUP (the "JV Platform") with other international investment institutions.