Shanghai Fudan Zhangjiang Bio Pharmaceutical Co (DE:FDY) has released an update.
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Shanghai Fudan Zhangjiang Bio Pharmaceutical Co has allocated RMB180 million from its A-share public issuance proceeds to subscribe to a low-risk structured deposit product with Bank of China, set to mature on 1 July 2024. The investment guarantees principal and a minimum return, with an expected annualized return rate between 1.2000% and 2.2111% over a 91-day term, linked to the USD/CHF spot rate.
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