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Tongdao Liepin Group Enhances Capital Efficiency with New Investment

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Tongdao Liepin Group Enhances Capital Efficiency with New Investment

Confident Investing Starts Here:

Tongdao Liepin Group ( (HK:6100) ) has shared an announcement.

Tongdao Liepin Group has announced a subscription to a corporate structured deposit product through its subsidiary, TD Elite (Tianjin) Information Technology Co., Ltd, amounting to RMB140 million. This strategic move aims to utilize the company’s surplus cash reserves effectively, ensuring capital safety while achieving a higher return on investment, which aligns with the company’s core objectives and is deemed beneficial for shareholders.

More about Tongdao Liepin Group

Tongdao Liepin Group operates in the information technology sector, focusing on providing recruitment and human resource services. The company is known for leveraging technology to enhance recruitment processes and has a market focus on improving capital efficiency and liquidity.

YTD Price Performance: 23.61%

Average Trading Volume: 4,735,375

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.81B

For detailed information about 6100 stock, go to TipRanks’ Stock Analysis page.

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