SKB BIO-B (06990) subscription structure deposit

date
22/01/2025
avatar
GMT Eight
SKB BIO-B (06990) announced that on January 21, 2025, the company entered into a structured deposit agreement III with CITIC BANK, whereby the company agreed to subscribe to a structured deposit in the amount of RMB 50 million. As of the date of this announcement, the total outstanding principal of the financial products purchased from CITIC BANK amounts to RMB 300 million. On January 21, 2025, the company also entered into structured deposit agreements IV (a) and IV (b) with China Zheshang Bank, whereby the company agreed to subscribe to two structured deposits, each with a principal amount of RMB 100 million. As of the date of this announcement, the total outstanding principal of the structured deposits held in China Zheshang Bank amounts to RMB 350 million. On January 21, 2025, the company also entered into a structured deposit agreement with China Merchants Bank, whereby the company agreed to subscribe to a structured deposit in the amount of RMB 200 million.

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