Tongda Group Affiliate Tongda Chuang Zhi Invests in Wealth Management Products
Reuters
Nov 06
Tongda Group Affiliate Tongda Chuang Zhi Invests in Wealth Management Products
Tongda Group Holdings Ltd. announced that its indirect non-wholly owned subsidiary, Tongda Chuang Zhi (Tongda Smart Tech (Xiamen) Company Limited), has subscribed to a series of wealth management products issued by CMBC. The subscriptions were funded by surplus cash from Tongda Chuang Zhi and are aimed at enhancing capital efficiency and maximizing returns for the group.
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