Zhejiang Shibao (01057) Subscribed to 20 million yuan of CITIC Bank's wealth management products.

The Wise Finance APP news, Zhejiang Shibao (01057) announced that on July 16, 2025, the company successfully subscribed to the fourteenth China Citic Bank financial product at the Hangzhou Economic and Technological Development Zone branch of China Citic Bank. The subscription amount is RMB 20 million, using some of the company's idle funds. The expected annualized rate of return is 1.00 - 1.76%.