HUABAO INTL(00336.HK): Further Subscription to Principal-Guaranteed Wealth Management Products, Total Unmatured Amount Reaches RMB1.2 Billion
NewTimeSpace News: HUABAO INTL (00336.HK) announced on January 23rd, 2026 that it has newly subscribed to two principal-guaranteed structured deposits with Bank of Jiangsu, with principal amounts of RMB55 million and RMB35 million respectively. The annualized return rate ranges from 1.20% to 2.03%, and both deposits will mature on March 25th, 2026. Together with three previous subscriptions of similar products in August and September 2025, as of the announcement date, the total amount of unmatured financial products subscribed by the Group with Bank of Jiangsu stands at RMB1.2 billion.
HUABAO INTL stated that the purpose of this subscription is to fully utilize idle cash, achieve higher capital returns while maintaining high liquidity and low risk exposure. The return of the products is superior to regular bank deposits, and with short terms, the investment will not affect the Group's working capital and normal operations.
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