Tongda Group Affiliate Tongda Chuang Zhi Invests in Wealth Management Products

Reuters
2025.11.06 11:26
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Tongda Group Holdings Ltd. announced that its subsidiary, Tongda Chuang Zhi, has invested in wealth management products issued by CMBC. The investment, funded by surplus cash, aims to enhance capital efficiency and maximize returns for the group.

Tongda Group Holdings Ltd. announced that its indirect non-wholly owned subsidiary, Tongda Chuang Zhi (Tongda Smart Tech (Xiamen) Company Limited), has subscribed to a series of wealth management products issued by CMBC. The subscriptions were funded by surplus cash from Tongda Chuang Zhi and are aimed at enhancing capital efficiency and maximizing returns for the group. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tongda Group Holdings Ltd. published the original content used to generate this news brief on November 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here

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