HONG KONG, Apr 17, 2024 – (ACN Newswire) – Beijing Tecsun Venus Technology Limited, an indirect wholly-owned subsidiary of Phoenitron Holdings Limited (HKG: 8066), has entered into a capital injection agreement with Hangzhou Bizike Intelligence Technology Company Limited stating its intention to subscribe registered capital of Hangzhou Bizike. When the transaction is completed, Beijing Tecsun Venus will hold 20% of the enlarged registered capital of Hangzhou Bizike. It will mark the Group’s formal entry into the trillion-dollar e-commerce market in the PRC, as well as enable it to expand its b…
