China Feihe (6186) Announces RMB300 Million Subscription of SPD Bank Products

Bulletin Express

2025/11/26

China Feihe (6186) disclosed a new subscription of financial products issued by Shanghai Pudong Development Bank (SPD Bank). According to the announcement, Heilongjiang Feihe Dairy Co., Limited, a wholly owned subsidiary of China Feihe (6186), subscribed on 26 November 2025 to two non-principal-guaranteed floating-return products totaling RMB300 million. Each tranche carries an expected annual return rate of 2.60% and maturities in September 2026, focusing on fixed-income assets.

The company indicated that using idle funds effectively can enhance capital gains while supporting overall liquidity. The risk profile of these products is described as low, offering higher returns than savings or time deposits. The aggregated outstanding principal amount of similar SPD Bank subscriptions by the group now stands at RMB2.5 billion. The transaction meets the relevant listing rules as a discloseable transaction that does not require shareholder approval.

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According to the announcement, Heilongjiang Feihe Dairy Co., Limited, a wholly owned subsidiary of China Feihe (6186), subscribed on 26 November 2025 to two non-principal-guaranteed floating-return products totaling RMB300 million. Each tranche carries an expected annual return rate of 2.60% and maturities in September 2026, focusing on fixed-income assets.</p>\n<p>The company indicated that using idle funds effectively can enhance capital gains while supporting overall liquidity. The risk profile of these products is described as low, offering higher returns than savings or time deposits. The aggregated outstanding principal amount of similar SPD Bank subscriptions by the group now stands at RMB2.5 billion. 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