On December 19, Gelonghui reported that REPUBLIC HC (08357.HK) issued an announcement stating that on December 19, 2024, the company entered into a Global Strategy cooperation agreement with Shenzhen Ronghui Renhe Life Technology Co., Ltd. ("Shenzhen Ronghui Renhe"). According to this agreement, both parties agreed to collaborate in three areas: (i) cell, gene, and microbiome series biotechnology products and services; (ii) Education related to Medical Care, competition guidance, and professional training for practitioners; and (iii) jointly collaborate on the "Ark of Life" health management institutions Business, expanding into the Southeast Asian and international markets.

According to the disclosure, Shenzhen Ronghui Renhe is a group holding company focused on innovation in the life sciences field, established in 2012, with businesses including biopharmaceuticals, the "Ark of Life" health management institutions, cell preparation centers, and wellness real estate.