An affiliate of Hisense Home Appliances (00921) has entered into wealth management agreements with Bairui Trust. The agreements were made by subsidiary companies including Air Conditioning Marketing Company, Gorenje Company, Kitchen and Bathroom Company, and Refrigerator Marketing Company. These subsidiaries will acquire wealth management products from Bairui Trust with a total subscription amount of RMB 1.762 billion. The transaction period spans from April 9, 2025, to March 17, 2026.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.