Fudan Zhangjiang: Subscribed 210 million yuan to China Merchants Bank's structured deposit product.

date
07/04/2026
Fudan Zhangjiang announced that the company recently signed a structured deposit product agreement with Shanghai Pudong Development Bank. The company subscribed to the product with its own idle funds amounting to 210 million yuan. The product was established on April 3rd, and is a principal-protected floating income type, low-risk product with a term of 87 days and an expected annualized return of 0.70%-2.05%, linked to the euro to US dollar exchange rate. The company does not have the right to terminate or redeem early, but Shanghai Pudong Development Bank may terminate early due to force majeure or public interest. This transaction is a disclosure transaction and is exempt from independent shareholder approval.