FingerTango, Inc. (HK:6860) has released an update.
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FingerTango, Inc. has announced the subscription of a medium-low risk wealth management product with Industrial Bank, investing RMB 30 million from its surplus cash reserves. The subscription, part of a strategic move to obtain better returns than typical fixed deposits, is expected to yield an annualized return of 2.30% to 2.80% over a 90-day term. This financial decision is aimed at enhancing capital utilization and income without impacting the company’s working capital or operations.
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