Archosaur Games Announces Major Financial Subscriptions

Archosaur Games Inc. (HK:9990) has released an update.

Archosaur Games Inc. announced that its subsidiaries, Beijing Mermaid and Shanghai Huan Zhi Meng, have made substantial financial product subscriptions with Ping An Bank and Shanghai Pudong Development Bank, totaling RMB 88 million and RMB 87 million respectively. Additionally, the company disclosed significant investments in financial products of China Everbright Bank amounting to RMB 146.4 million. These transactions are classified as discloseable and are subject to reporting and announcement requirements, but do not require shareholder approval.

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