Huabao International Holdings Limited has announced a significant expansion through its further subscription of financial products offered by China Zheshang Bank. As of the latest announcement, the Group has invested an aggregate outstanding amount of RMB565 million in these financial products. This move reflects Huabao's strategic financial management and growth initiatives, following an earlier subscription disclosed on 30 June 2025. The Company's board has emphasized the independence of China Zheshang Bank and its ultimate beneficial owners from Huabao and its connected persons. This expansion aligns with Huabao's ongoing efforts to enhance its financial portfolio and strengthen its market position.
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