The total subscription amount for China Merchants Bank's structured deposit product of FUDANZHANGJIANG (01349) is 100 million yuan.

FUDANZHANGJIANG (01349) announced that recently, the company has entered into a structured deposit product agreement with China Merchants Bank. The company's wholly-owned subsidiary, Taizhou FUDANZHANGJIANG, has also entered into a structured deposit product agreement with China Merchants Bank. As a result, the Group has agreed to subscribe to a total amount of RMB 100 million of structured deposit products using its own idle funds generated from daily operations.