TIMES NEIGHBOR subscribed to a total of 40 million yuan in financial products
TIMES NEIGHBOR announced that on August 12, 2025, it signed a trust agreement with GF SECURITIES and Guotou Taikang Trust to subscribe for financial products worth 15 million yuan; on September 18, 2025, it signed a trust agreement with GF SECURITIES and Caixin Trust to subscribe for financial products worth 25 million yuan. The total investment amount is 40 million yuan, with funds sourced from its own surplus cash reserves
According to the announcement from TIMES NEIGHBOR (09928), on August 12, 2025, Times Xinhui (a wholly-owned subsidiary of the company, acting as the principal and beneficiary) entered into a trust agreement (1) with GF SECURITIES as the investment advisor and Guotou Taikang Trust as the trustee to subscribe for the first financial product, with an investment amount of RMB 15 million.
On September 18, 2025, Times Xinhui (a wholly-owned subsidiary of the company, acting as the principal and beneficiary) entered into a trust agreement (2) with GF SECURITIES as the investment advisor and Caixin Trust as the trustee to subscribe for the second financial product, with an investment amount of RMB 25 million.
The Group uses its own surplus cash reserves to pay for the investment amounts of these subscriptions
