BAY AREA DEV Makes Strategic Investments in Structured Deposit Products

Stock News

Jun 04

The company BAY AREA DEV (00737) has announced significant financial transactions involving its subsidiary.

Following the close of market trading on May 8, 2026, its subsidiary, Yanjiang Company, utilized internal funds to subscribe for Structured Deposit Product A, amounting to RMB 150 million, with Bank of China's Tairan Jingu Sub-branch.

Subsequently, after the trading session concluded on June 4, 2026, Yanjiang Company again deployed internal resources to subscribe for Structured Deposit Product B, valued at RMB 190 million, with the same banking institution.

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