
INNOGEN invests over 100 million RMB to subscribe to two structured deposits, expecting an annualized return rate of up to 1.8%

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INNOGEN subscribed to two structured deposits from Bank of Ningbo for RMB 105 million, with an expected annualized return rate of 0.5% to 1.8%, maturing on November 26. The group stated that since the principal will be fully refunded, the associated risks are relatively low, and it is expected to achieve higher returns compared to demand or time deposits of the same duration
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