Sundy Service Group Outlines Strategic Investments

Sundy Service Group Co. Ltd (HK:9608) has released an update.

Sundy Service Group Co. Ltd has provided additional details on its strategic investments in its 2023 annual report, highlighting a $9 million convertible note issued by Black Cat, an Australian mining company, and a RMB 70 million wealth management product from Huaxia Wealth Management. Both investments represent independent third-party dealings and showcase Sundy Service Group’s efforts to achieve better returns, as evidenced by the Huaxia product’s redemption at an approximate 3.33% annualized rate of return.

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