FUDAN ZHANGJIANG (01349): subscribing to China Merchants Bank Structured Deposit Product
Fudan Zhangjiang (01349) announced that, recently, the company has entered into a structured deposit product agreement with China Merchants Bank.
I. Fudan Zhangjiang, a wholly-owned subsidiary of the company, has also entered into a structured deposit product agreement with China Merchants Bank.
II. Accordingly, the group agrees to subscribe to a total amount of RMB 110 million of structured deposit products from China Merchants Bank using idle funds generated from its daily operations.
FUDANZHANGJIANG (01349) issues announcement, recently, the company has signed a structured deposit product agreement with China Merchants Bank.
I. The company's wholly-owned subsidiary, Taizhou FUDANZHANGJIANG, has signed a structured deposit product agreement with China Merchants Bank.
II. Accordingly, the group agrees to subscribe to a total amount of RMB 110 million of structured deposit products from China Merchants Bank using idle funds generated from daily operations.
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