---
title: "Jiangsu Lopal Tech Adds RMB40 Million ICBC Wealth Product in Discloseable Deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291663996.md"
description: "Jiangsu Lopal Tech's subsidiary subscribed to RMB40 million in ICBC wealth management products using idle funds. This transaction, aggregated with existing holdings of RMB1.11 billion, exceeds disclosure thresholds under Hong Kong listing rules but requires no shareholder approval. The move aims to boost returns on surplus cash without impacting operations or working capital."
datetime: "2026-07-03T12:08:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291663996.md)
  - [en](https://longbridge.com/en/news/291663996.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291663996.md)
generator: "portal-rs"
---

# Jiangsu Lopal Tech Adds RMB40 Million ICBC Wealth Product in Discloseable Deal

An announcement from Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) is now available.

Jiangsu Lopal Tech.’s subsidiary Lopal Times has subscribed to a new fixed-income, open-end wealth management product issued by ICBC, investing RMB40 million of idle funds into a non-principal-guaranteed, low-risk product focused largely on debt assets. This latest purchase adds to RMB1.11 billion of existing ICBC wealth products and, when aggregated, triggers a discloseable transaction under Hong Kong listing rules, requiring market notification but not shareholder approval.

Management says the subscription is intended to boost returns on idle cash without affecting the group’s working capital or day-to-day operations, and stresses that the funds do not come from recent share offerings. By continuing to channel surplus liquidity into relatively low-risk bank products, Lopal Tech seeks to enhance income while signaling disciplined treasury management to investors and aligning with its broader capital efficiency strategy.

**More about Jiangsu Lopal Tech Co. Ltd. Class H**

Jiangsu Lopal Tech. Group Co., Ltd., listed in Hong Kong under stock code 2465, operates through subsidiaries including Lopal Times and is engaged in industrial operations that generate substantial cash reserves. The group actively allocates temporary idle funds into low-risk bank wealth management products to optimize capital utilization while maintaining working capital for its core business.

**Average Trading Volume:** 17,055,329

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$22.41B

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