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Fudan Zhangjiang: Subscribed to 110 million yuan in China Merchants Bank structured deposit products
Shanghai Fudan Zhangjiang announced that the Company and its wholly-owned subsidiary, Taizhou Fudan Zhangjiang, have each entered into a structured deposit product agreement with China Merchants Bank. The Group subscribed to structured deposit products totaling 110 million yuan using its own idle funds, of which the Company subscribed to 50 million yuan, while Taizhou Fudan Zhangjiang subscribed for 60 million yuan. The products are principal-protected floating-rate instruments linked to gold, with an establishment date of January 7, 2026. As the applicable percentage ratio exceeds 5% but is less than 25%, this transaction constitutes a reportable transaction and is exempt from the requirement for approval by independent shareholders.
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