Nanjing Panda Electronics Company Limited (00553.HK): Subscription of Structured Deposit Products with Aggregate Principal of RMB 300 Million
NewTimeSpace News: On July 3, 2026, Nanjing Panda Electronics Company Limited (00553.HK) announced that it subscribed to a structured deposit product issued by Huaxia Bank on the same date with a principal of RMB 50 million. The tenor runs from July 3, 2026 to September 30, 2026. This is a principal-guaranteed product with guaranteed minimum return, carrying an expected annualized rate of return ranging from 0.55% to 2.05%.
Previously, the Company subscribed RMB 50 million, RMB 100 million and RMB 100 million on April 8, April 28 and April 29 respectively, amounting to an outstanding principal of RMB 250 million in total. Following this latest subscription, the total principal of Huaxia Bank structured deposit products held by the Company stands at RMB 300 million.
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