Tongdao Liepin Group (HK:6100) has released an update.
Tongdao Liepin Group has disclosed transactions involving the subscription of wealth management products from XIB with a total principal amount of RMB 185 million, executed through its subsidiaries. These transactions meet the criteria for discloseable transactions under the Listing Rules of the Hong Kong Stock Exchange, requiring notification and announcement but not shareholder approval. The structured deposit products have varying terms and are principal-guaranteed with a guaranteed minimum return.
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