FRIENDTIMES Invests in Capital-Preserving Structured Deposits

Stock News

Jun 15

FRIENDTIMES (ASX: 06820) has announced that between June 2, 2026, and June 15, 2026, its wholly-owned subsidiaries, Qinyou Network and Friendtimes Technology, entered into four structured deposit agreements with the Suzhou New District Sub-branch of China Zheshang Bank. Under these agreements, the subsidiaries have subscribed to capital-preserving, floating-yield, closed-end structured deposits. The subscription amounts are RMB 18 million, RMB 20 million, RMB 30 million, and RMB 30 million, respectively, totaling RMB 98 million.

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