---
title: "KHPG: Subsidiary purchases Bank of China wealth management products for 1.7 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289166591.md"
description: "KHPG announced that its subsidiary, KHPG Bio, recently used CNY 1.7 billion of its own funds to purchase a structured deposit product in RMB from the Chengdu Wuhou Branch of Bank of China. The product type is a principal-protected floating income type, with the income start date set for June 9, 2026. In the twelve months prior to the announcement, the company and its controlling subsidiaries cumulatively used CNY 2.045 billion of idle self-owned funds to purchase bank principal-protected wealth management products that have not yet matured, without exceeding the authorized limit of the shareholders' meeting. The company stated that the investment does not affect its main business and can improve the efficiency of fund utilization"
datetime: "2026-06-09T09:37:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289166591.md)
  - [en](https://longbridge.com/en/news/289166591.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289166591.md)
---

# KHPG: Subsidiary purchases Bank of China wealth management products for 1.7 billion yuan

KHPG announced that its subsidiary, KHPG Bio, recently used RMB 1.7 billion of its own funds to purchase a structured deposit product from the Bank of China Chengdu Wuhou Branch. The product type is a principal-protected floating income type, with the income start date on June 9, 2026. In the twelve months prior to the announcement, the company and its controlling subsidiaries cumulatively used RMB 2.045 billion of idle self-owned funds to purchase bank principal-protected wealth management products that have not yet matured, without exceeding the authorized limit of the shareholders' meeting. The company stated that the investment does not affect its main business and can improve the efficiency of fund utilization

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