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【Dingxuan-KY】Subsidiary Longyang Electronics (Kunshan) Co., Ltd. Announces Acquisition of Deposit Wealth Management Products

NQ Score 92/100

AI Summary (NQ-processed)

Dingxuan-KY's consolidated subsidiary, Longyang Electronics (Kunshan) Co., Ltd., announced the acquisition of RMB-denominated structured deposits and fixed-income wealth management products totaling RMB 52 million. This acquisition is for short-term investment purposes and accounts for 26.231% of total assets and 51% of equity attributable to owners of the parent company. The counterparties are CITIC Bank and Bank of Ningbo, both non-related parties.

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Frequently Asked Questions

Q: What types of wealth management products did Longyang Electronics (Kunshan) Co., Ltd. acquire?
A: RMB-denominated structured deposits and fixed-income wealth management products.
Q: What is the total amount of this transaction?
A: The total amount is RMB 52 million.