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.
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