Renrui Human Resources Technology Holdings
HR service provider offering talent and business outsourcing, recruitment, and corporate training.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | HKD360m | Post IPO Equity | |
| Total Funding | 000k | ||
| CNY | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 67 % | (23 %) | 23 % | 22 % | 2 % | 13 % | 13 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 4 % | 2 % | 3 % | 1 % | 3 % | 3 % | 3 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | - | 1 % | (1 %) | 1 % | 2 % | 2 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 1 % | 1 % | 1 % | - | - | - |
Source: Company filings or news article, Equity research estimates
Renrui Human Resources Technology Holdings Ltd. operates as a human resources solutions provider in China, positioning itself as a strategic partner for companies, particularly within the country's new economy sector. The company was established in 2010 and is headquartered in Chengdu, China. Its founder, Zhang Jianguo, brought extensive experience to the firm, having previously served as the vice president of human resources at Huawei. A significant milestone in the company's history was its initial public offering on the Hong Kong Stock Exchange in December 2019.
The company's business model is centered around two primary segments: Comprehensive Flexible Staffing and Professional Recruitment and Other HR Solutions. The majority of its revenue is generated from the comprehensive flexible staffing services. This segment includes general service outsourcing, digital technology and cloud services, as well as digital operation and customer support. Through these offerings, Renrui provides and manages personnel based on client needs or takes over entire business functions that have been outsourced. The professional recruitment arm focuses on bulk recruitment services, while other solutions encompass corporate training and labor dispatch.
Renrui serves a diverse client base, including prominent names in the technology and internet sectors like ByteDance, Tencent, and NetEase. The company strategically partners with these fast-growing enterprises from their early stages, allowing it to expand alongside them. The business generates revenue through service fees for its staffing and recruitment solutions. Its approach integrates digital tools and an O2O (Online-to-Offline) platform to streamline the traditional HR process, enhancing efficiency in sourcing and managing talent for its clients. The company has a substantial operational footprint, with numerous branches and subsidiaries across China, providing services in over 300 cities.
Keywords: flexible staffing, human resources solutions, professional recruitment, service outsourcing, HR tech, business process outsourcing, talent management, corporate training, labor dispatch, digital operations, cloud services, China HR services, new economy companies, recruitment process outsourcing, talent acquisition, workforce management, HR consulting, employee leasing, O2O recruitment, strategic HR