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Dingxuan-KY Announces its Subsidiary Longyang Electronics (Kunshan) Co., Ltd. Acquired Structured Deposit Wealth Management Products

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AI Summary (NQ-processed)

Dingxuan-KY announced that its subsidiary, Longyang Electronics (Kunshan) Co., Ltd., acquired a structured deposit wealth management product, 'Gongying Huixin Salary-linked RMB Structured Deposit A33102 Phase C26A33102,' from CITIC Bank Co., Ltd. for RMB 40 million. This transaction, intended for short-term investment, has a 60-day term and was approved by the board's authorized resolution on April 8, 2026. This investment accounts for 19.8% of total assets and 38.495% of equity attributable to owners of the parent company.

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Frequently Asked Questions

Q: What is the full name and type of the financial product acquired by Longyang Electronics (Kunshan) Co., Ltd.?
A: The financial product acquired is the Gongying Huixin Salary-linked RMB Structured Deposit A33102 Phase C26A33102, a structured deposit wealth management product denominated in RMB.
Q: On what date did Longyang Electronics (Kunshan) Co., Ltd. acquire the structured deposit product?
A: The acquisition of the structured deposit product occurred on April 8, 2026, as the event took place within the date range of 2026/4/8 to 2026/4/8.
Q: Which financial institution served as the counterparty in the transaction involving Longyang Electronics (Kunshan) Co., Ltd.?
A: The counterparty in the transaction was CITIC Bank Co., Ltd., which has no related-party relationship with Longyang Electronics (Kunshan) Co., Ltd. or its parent company Dingxuan-KY.
Q: What was the total investment amount in RMB for the structured deposit product acquired by Longyang Electronics (Kunshan) Co., Ltd.?
A: The total transaction amount for the A33102 Phase C26A33102 structured deposit product was RMB 40 million, with a fixed investment period of 60 days.
Q: Under what authorization level was the investment in the structured deposit approved by the company?
A: The investment was approved under a board-authorized resolution on April 8, 2026, as no formal board resolution date was required for this transaction.