[Dahua] Announcement on Wealth Management Product Acquisition by Subsidiary 'Shanghai United Can Co., Ltd.'
Shanghai United Can Co., Ltd., a subsidiary of Dahua, acquired a wealth management product 'CMB Wealth Management Zhao Ying Ri Ri Xin' for RMB 66.5 million from China Merchants Bank for investment purposes.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 25, 2026 at 07:11 (47h 11m after Collected)
1. Name and nature of the target: CMB Wealth Management Zhao Ying Ri Ri Xin.
2. Date of event: December 10, 114 to May 22, 115.
3. Trading quantity, unit price, and total amount: RMB 66.5 million.
4. Counterparty and relationship: China Merchants Bank, Shanghai Songjiang Branch; None.
5. Purpose of acquisition: To generate profit from investment.
6. Source of funds: Own funds.
7. Transaction status: Handled in accordance with internal authorization; Not a related party transaction.
2. Date of event: December 10, 114 to May 22, 115.
3. Trading quantity, unit price, and total amount: RMB 66.5 million.
4. Counterparty and relationship: China Merchants Bank, Shanghai Songjiang Branch; None.
5. Purpose of acquisition: To generate profit from investment.
6. Source of funds: Own funds.
7. Transaction status: Handled in accordance with internal authorization; Not a related party transaction.
FAQ
What kind of company is Shanghai United Can?
It is a subsidiary of Dahua engaged in the container manufacturing business.
Is this investment in wealth management products safe?
It is a wealth management product provided by China Merchants Bank, Shanghai Songjiang Branch, and is invested according to internal authorization, though market risks always exist for any investment.
What is the purpose of this announcement?
To fulfill the timely disclosure obligations regarding the acquisition of assets by a publicly traded company.