TONGDA GROUP (00698) subsidiary uses its idle funds to subscribe to several financial products.
Guotai Group (00698) announced that on December 30, 2025 and February 12, 2026, its indirectly non-wholly owned subsidiaries, Tongda Chuangzhi (Xiamen) and Tongda Chuangzhi (Shishi), used their idle funds to subscribe to several financial products, including (i) the first Industrial Bank financial product, the second Industrial Bank financial product, the third Industrial Bank financial product, and the fourth Industrial Bank financial product, with subscription amounts of RMB 14 million, RMB 18 million, RMB 45 million, and RMB 17 million respectively.
Tongda Group (00698) announced that on December 30, 2025 and February 12, 2026, its indirect non-wholly-owned subsidiaries Tongda Smart Tech (Xiamen) and Tongda Smart Tech (Shishi) used their idle funds to subscribe to several financial products, including subscriptions to (i) the first Industrial Bank financial product, the second Industrial Bank financial product, the third Industrial Bank financial product, and the fourth Industrial Bank financial product, with subscription amounts of RMB 14 million, RMB 18 million, RMB 45 million, and RMB 17 million respectively.
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