TI CLOUD(02167): Subscribe to structured deposit products.

20/09/2024

Tianrun Cloud (02167) has announced that, for the six months ending June 30, 2024, and until the date of this announcement...

TI CLOUD (02167) announced that, as of June 30, 2024 and up to the date of this announcement, the company subscribed to structured deposit products provided by BANKCOMM Limited, Bank Of Ningbo Limited, and CITIC BANK Limited. The subscription is funded by the surplus cash reserves generated from the Group's daily operations. The subscription by Bank Of China includes four subscription items, including a subscription of RMB 15 million on April 1, 2024, a subscription of RMB 10 million on April 22, 2024, a subscription of RMB 15 million on July 18, 2024, and a subscription of RMB 10 million on August 5, 2024. The subscription by Bank Of Ningbo includes an initial subscription of RMB 15 million on March 22, 2024, and a follow-up subscription of RMB 10 million on June 14, 2024. The subscription by CITIC Bank includes a subscription of RMB 20 million made on May 20, 2024, and a subscription of RMB 20 million made on September 1, 2024.

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