TONGDA GROUP's subsidiary Tongda Smart Tech uses its idle funds to subscribe to several wealth management products

According to the Zhitong Finance APP, TONGDA GROUP announced that on December 25, 2024, and January 13, 2025, its indirectly non-wholly-owned subsidiary Tongda Smart Tech will use its idle funds to subscribe for several financial products, including the subscription of the first Xiamen International financial product and the second Xiamen International financial product, with subscription amounts of RMB 25 million and RMB 20 million, respectively

According to the announcement from Tongda Group (00698), on December 25, 2024, and January 13, 2025, the company's indirectly non-wholly-owned subsidiary Tongda Smart Tech will use its idle funds to subscribe for several financial products, including the subscription for the first Xiamen International financial product and the second Xiamen International financial product, with subscription amounts of RMB 25 million and RMB 20 million, respectively