Hangzhou Xingrun, Subsidiary of Sundy Service Co. Ltd., Invests RMB50 Million in Structured Deposit Product

Reuters
06-05
Hangzhou Xingrun, Subsidiary of Sundy Service Co. Ltd., Invests RMB50 Million in Structured Deposit Product

Hangzhou Xingrun, a wholly-owned subsidiary of Sundy Service Group Co. Ltd., has entered into a Structured Deposit Product Agreement with China Minsheng Bank. The agreement involves the subscription of a structured deposit product valued at RMB50 million. This strategic move aims to effectively utilize the Group's idle funds for better financial returns. Hangzhou Xingrun, established in the PRC, primarily engages in investment holding. Sundy Service Group Co. Ltd. is an integrated property management service provider in Zhejiang province, offering a wide range of property management and community value-added services.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sundy Service Co. Ltd. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

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