Shenzhen TVT Digital Technology (SHE:002835) purchased a structured deposit product from Bank of China (HKG:3988, SHA:601988) for 24 million yuan, according to a Shenzhen Stock Exchange filing on Tuesday.
The wealth management product has an expected annual yield of between 0.84% and 2.91% and will mature on July 10, the Chinese video security products manufacturer said.
The company's shares closed over 2% higher.
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