Yidu Tech, Inc. (HK:2158) has released an update.
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Yidu Tech Inc. has entered into a Total Return Swap (TRS) transaction to hedge against future share price increases, with a maximum equity notional amount of HK$80 million over a term of approximately three years. This strategic move is aimed at mitigating financial exposure related to its Post-IPO Share Award Scheme. The company, a leader in AI medical solutions, believes this transaction is in the best interest of its shareholders.
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