360 Ludashi Holdings Ltd. has announced an expansion move through the subscription of a structured deposit product from China Merchants Bank. This strategic financial decision is expected to yield a maturity interest rate per annum of either 1.00% or 2.01%, dependent on linked gold price fluctuations. The company highlighted that this investment offers higher returns compared to typical interest rates offered by commercial banks in the PRC, marking it as a prudent choice for enhancing shareholder value. The agreement was reached after meticulous negotiations, ensuring fair terms beneficial to the company's growth trajectory.
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