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Zero2IPO Holdings, Inc. ( (HK:1945) ) has issued an announcement.
Zero2IPO Holdings’ subsidiary Beijing Zero2IPO has subscribed to a new Galaxy Jinhui wealth management product with a principal of RMB5 million, adding to existing investments by group entities in similar net-value financial products. As of the date of the announcement, the total outstanding principal in such Galaxy Jinhui products stands at RMB35 million, with expected annual returns ranging roughly from 3.5% to 6.39% and terms including both fixed and non-fixed maturities.
Under Hong Kong listing rules, these structurally similar Galaxy Jinhui subscriptions are aggregated as one transaction, and the resulting percentage ratios classify the latest subscription as a discloseable transaction. The deal therefore triggers notification and announcement obligations but is exempt from shareholder approval, illustrating the company’s ongoing use of short- to medium-term wealth management products to enhance returns on idle cash while staying within regulatory thresholds.
More about Zero2IPO Holdings, Inc.
Zero2IPO Holdings Inc., incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries such as Beijing Zero2IPO, Zero2IPO Ventures and Hangzhou Zero2IPO Investment. The group is active in investment and related financial services, including the use of wealth management products to deploy surplus funds within China’s capital markets.
Average Trading Volume: 382,885
Technical Sentiment Signal: Buy
Current Market Cap: HK$525.7M
Learn more about 1945 stock on TipRanks’ Stock Analysis page.