TONGDA GP-NEW (00698) Subsidiary Subscribes to RMB77 Million Minsheng Bank Wealth Management Products

Stock News

Nov 06

TONGDA GP-NEW (00698) announced that on September 29, October 31, and November 6, 2025, its indirect non-wholly owned subsidiary, Tongda Chuangzhi, utilized idle funds to subscribe to several wealth management products. These include (i) the first China Minsheng Banking Corp., Ltd. wealth management product, the second China Minsheng Banking Corp., Ltd. wealth management product, and the third China Minsheng Banking Corp., Ltd. wealth management product, with subscription amounts of RMB20 million, RMB10 million, and RMB47 million, respectively.

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