share_log

中国通才教育(02175.HK):山西工商认购结构性存款产品

China General Education (02175.HK): Shanxi Industry and Commerce subscribes to structured Deposit products

格隆滙 ·  Dec 7, 2021 06:40

Gelonghui December 7, China General Education (02175.HK) announcementOn August 10, 2021 and November 11, 2021, Shanxi Industry and Commerce(a private academy of sciences and one of the company's integrated affiliated entities located in Shanxi Province)According to the conclusion of the structured deposit agreement (August 2021) and the structured deposit agreement (November 2021) with Pudong Development Bank, Shanxi Industry and Commerce agreed to subscribe for the structured deposit products provided by Pudong Development Bank, each with a principal amount of 400 million yuan.

In the 12 months before November 11, 2021, in addition to these post-listing structural deposit agreements, Shanxi Industry and Commerce also entered into these pre-listing structural deposit agreements with Pudong Development Bank on December 31, 2020 and March 31, 2021, respectively. that is, the structural Deposit Agreement (December 2020) and the structured Deposit Agreement (March 2021), according to which Shanxi Industry and Commerce agreed to subscribe for some of the structured deposits provided by Pudong Development Bank. The amount of each principal is RMB 400 million. The subscription is financed by the Group's idle funds rather than the proceeds from the global offering.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment