---
title: "CHINA PENGFEI's subsidiary subscribed to Huatai's financial products worth HKD 28 million"
description: "According to the announcement from CHINA PENGFEI, on August 6, 2025, China Heavy Equipment (an indirect wholly-owned subsidiary of the company) subscribed to Huatai Wealth Management products through "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/251863950.md"
published_at: "2025-08-06T14:25:03.000Z"
---

# CHINA PENGFEI's subsidiary subscribed to Huatai's financial products worth HKD 28 million

> According to the announcement from CHINA PENGFEI, on August 6, 2025, China Heavy Equipment (an indirect wholly-owned subsidiary of the company) subscribed to Huatai Wealth Management products through a distributor for an amount of HKD 28 million

According to the announcement from CHINA PENGFEI (03348), on August 6, 2025, China Heavy Equipment (the company's indirect wholly-owned subsidiary) subscribed to Huatai Wealth Management products through a distributor for an amount of HKD 28 million

### Related Stocks

- [03348.HK - CHINA PENGFEI](https://longbridge.com/en/quote/03348.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
