Hisense Home Appliances Group Co (HK:0921) has released an update.
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Hisense Home Appliances Group Co. has announced the subscription of wealth management products totaling RMB 1.89 billion, using idle funds for short-term, medium- and low-risk investments. These transactions, when combined, are deemed discloseable under the Listing Rules due to applicable percentage ratios exceeding 5%. The investments align with the company’s strategy to improve capital efficiency and enhance cash asset returns.
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