Q Technology (Group) Co (HK:1478) has released an update.
Q Technology (Group) Co has announced the subscription of a RMB150 million wealth management product issued by BNB Wealth Management, managed and held by Bank of Ningbo. The investment, described as a lower-risk fixed income product with an expected 2.9% performance benchmark, is part of the company’s strategy to effectively utilize idle funds over a 740-day period. This transaction is classified as a disclosable transaction under the Listing Rules, necessitating public disclosure and reporting.
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