--- title: "Tianjin Development's subsidiary invests RMB 85 million to subscribe to wealth management products" type: "News" locale: "en" url: "https://longbridge.com/en/news/270938373.md" description: "TIANJIN DEV announced that last Wednesday (24th), its indirectly non-wholly-owned subsidiary Lishengpharma entered into the twelfth financial management agreement with INDUSTRIAL BANK, with a principal amount of RMB 85 million to subscribe for another structured deposit. The investment period is 182 days, with an expected annualized yield of 1.2% to 1.6%" datetime: "2025-12-29T01:39:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/270938373.md) - [en](https://longbridge.com/en/news/270938373.md) - [zh-HK](https://longbridge.com/zh-HK/news/270938373.md) --- # Tianjin Development's subsidiary invests RMB 85 million to subscribe to wealth management products TIANJIN DEV (00882.HK) announced that last Wednesday (24th), its indirectly non-wholly-owned subsidiary Lishengpharma entered into the twelfth wealth management agreement with INDUSTRIAL BANK, subscribing to another structured deposit with a principal amount of RMB 85 million. The investment period is 182 days, with an expected annualized yield of 1.2% to 1.6% ### Related Stocks - [601166.CN](https://longbridge.com/en/quote/601166.CN.md) - [00882.HK](https://longbridge.com/en/quote/00882.HK.md) - [002393.CN](https://longbridge.com/en/quote/002393.CN.md) ## Related News & Research - [Tianjin Development Secures HK$100 Million Revolving Loan Tied to State Majority Control](https://longbridge.com/en/news/284576057.md) - [China Turns Green Tech Into an Economic Lifeline](https://longbridge.com/en/news/287051809.md) - [HSBC deploys $4b for Chinese clean energy firms seeking overseas expansion](https://longbridge.com/en/news/286890592.md) - [22:19 ETGROWNSY Debuted an Exciting New Line of Innovative Baby Care Products at ABC Kids Expo 2026](https://longbridge.com/en/news/286992206.md) - [HSBC launches $4B credit facility supporting global expansion of China’s low carbon industries](https://longbridge.com/en/news/286855217.md)