HRnetGroup Limited board of directors announced the incorporation of HRnet One (Shenzhen) Limited in Shenzhen, The People's Republic of China on 14 November 2018. Maverick Tan, a Business Leader who has been operating as co-owner of the HRnet One (Guangzhou) business since 2011, will be co-investing and heading the business of HRSZ. The preliminary business scope of HRSZ is that of management consulting and business information provider. The initial share capital is RMB 5,000,000.00. The company is registering for the expansion of the business scope to include recruitment services and a further announcement will be made in due course.