Tongdao Liepin Group (HK:6100) has released an update.
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Tongdao Liepin Group has engaged in a notable financial maneuver by subscribing to a corporate structured deposit product with XIB, valued at RMB170 million. This strategic move aims to enhance capital gains using temporary idle funds while maintaining low risk and ensuring liquidity. The investment is pegged to the EUR/USD exchange rate, promising a principal-guaranteed return.
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