Jiangsu Hengshun Vinegar Industry (SHA:600305) fully redeemed a brokerage wealth management product for 50 million yuan on Thursday, the company said in a Friday disclosure on the Shanghai Stock Exchange.
The Chinese seasoning products distributor subscribed to Shenwan Hongyuan Group's (SHE:000166, HKG:6806) Longding Customized Series 1326 Income Certificate product on July 25, 2024. The product matured on May 6.
Moreover, the company earned an income of 800,342.47 yuan from the brokerage wealth management product, which had an annualized return of 2.05%.
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