REMEGEN (09995.HK): Buys RMB 370M SPD Bank Wealth Products
- The two agreements involved RMB 70.0 million of idle raised funds and RMB 300.0 million of idle self-owned funds respectively.
- Both products are principal-protected floating-return structured deposits linked to the EUR/USD exchange rate.
NewTimeSpace News: On 14 October 2026, RemeGen Co., Ltd. (09995.HK) announced that it further entered into two wealth management product agreements with SPD Bank Yantai Branch on 14 October 2026: Agreement No. 12, involving RMB 70.0 million of idle raised funds, and Agreement No. 13, involving RMB 300.0 million of idle self-owned funds.
Both products are principal-protected floating-return structured deposits linked to the EUR/USD exchange rate, with expected annualised returns of 0.7%, 1.75% or 1.95%. No. 12 has a principal of RMB 70.0 million and a 69-day term from 14 October to 23 December 2026; No. 13 has a principal of RMB 300.0 million and a 30-day term from 14 October to 13 November 2026. These transactions are aggregated under Rule 14.22 with the No. 5 and No. 7 agreements, and constitute a discloseable transaction under Chapter 14 of the Listing Rules.
