Dingxuan-KY Subsidiary Longyang Electric (Kunshan) Announces Acquisition of RMB-Linked Structured Deposit Products
Key facts
- Dingxuan-KY Subsidiary Longyang Electric (Kunshan) Announces Acquisition of RMB-Linked Structured Deposit Products
- Longyang Electric (Kunshan) Co., Ltd., a subsidiary of Dingxuan-KY, has acquired RMB-denominated structured deposit products from China CITIC Bank and Ningbo Bank totaling RMB 50 million. The transaction is for short-term investment purposes and does not significantly impact financial health.
- Source: PR Times
- Date: June 16, 2026
Direct answer
Longyang Electric (Kunshan) Co., Ltd., a subsidiary of Dingxuan-KY, has acquired RMB-denominated structured deposit products from China CITIC Bank and Ningbo Bank totaling RMB 50 million. The transaction is for short-term investment purposes and does not significantly impact financial health.
- Citation
- Dingxuan-KY Subsidiary Longyang Electric (Kunshan) Announces Acquisition of RMB-Linked Structured Deposit Products (June 16, 2026), PR Times
- Source
- PR Times
- Date
- June 16, 2026
Longyang Electric (Kunshan) Co., Ltd., a subsidiary of Dingxuan-KY, has acquired RMB-denominated structured deposit products from China CITIC Bank and Ningbo Bank totaling RMB 50 million. The transaction is for short-term investment purposes and does not significantly impact financial health.
📋 Article Processing Timeline
- 📰 Published: June 16, 2026 at 09:00
- 🔍 Collected: June 17, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 18, 2026 at 16:43 (23h 43m after Collected)
1. Name and nature of the subject matter (if preferred shares, specify issuance terms such as dividend rate):
Coevolution Wisdom Trust FX-Linked RMB Structured Deposit A38232 Period C26A38232
Ningbo Bank Unit Structured Deposit 7202602860
2. Date of occurrence: June 16, 2026 ~ June 16, 2026
3. Board approval date: Not applicable
4. Other approval dates:
Approval level: Executed in accordance with company authorization
June 16, 2026 (Republic of China Year 115)
5. Transaction quantity, unit price, and total transaction amount:
A38232 Period C26A38232 (30 days): RMB 20 million
Structured Deposit 7202602860 (32 days): RMB 30 million
6. Counterparty and relationship with the company (if the counterparty is an individual and not a related party, name disclosure may be omitted):
Counterparty: China CITIC Bank Co., Ltd.; Relationship with company: None
Counterparty: Ningbo Bank Co., Ltd.; Relationship with company: None
7. If the counterparty is a related party, disclose the reason for selection, previous transferor, relationships among the previous transferor, company, and counterparty, transfer date, and amount:
Not applicable
8. If the owner of the subject matter was a related party of the company within the past five years, disclose the date and price of acquisition and disposal, and the relationship with the company at the time:
Not applicable
9. Matters related to the disposal of receivables (including types of collateral attached to disposed receivables; if receivables from related parties are involved, disclose the name and book value of the receivables):
Not applicable
10. Gain (or loss) from disposal (not applicable for acquisition of securities; if previously deferred, explain recognition in table form):
Not applicable
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
One-time payment
12. Decision-making method for this transaction, reference basis for pricing, and decision-making unit:
Executed in accordance with company authorization.
13. Net asset value per share of the securities-issuing company acquired or disposed:
Not applicable
14. Cumulative holdings (including this transaction) of the securities involved, as of now, including quantity, amount, ownership percentage, and rights restrictions (e.g., pledge status):
Quantity: Not applicable
Amount: RMB 50 million
Ownership percentage: Not applicable
Rights restrictions: None
Cumulative holding amount: RMB 50 million
15. Cumulative investment in securities under Article 3 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies' (including this transaction), as a percentage of total assets and equity attributable to owners of the parent in the latest financial statements, and the amount of working capital in the latest financial statements:
(1) Percentage of total assets: 24.019%
(2) Percentage of equity attributable to owners of the parent: 46.836%
(3) Working capital amount: NT$6,975,964 thousand
16. Broker and brokerage fees:
Not applicable
17. Specific purpose or use of the acquisition or disposal:
Short-term investment
18. Dissenting director opinions on this transaction:
Not applicable
19. Is this transaction a related-party transaction: No
20. Date of supervisor approval or audit committee consent:
Not applicable
21. Did the accountant issue a non-reasonableness opinion on this transaction: Not applicable
22. Name of accounting firm:
Not applicable
23. Name of accountant:
Not applicable
24. Accountant practice certificate number:
Not applicable
25. Does this involve a change in business model: No
26. Explanation of business model change:
Not applicable
27. Transaction history with the counterparty in the past year and expected in the next year:
Not applicable
28. Source of funds:
Existing working capital
29. Previous date of material information disclosure on the same event: Not applicable
30. Other explanatory matters:
None
Coevolution Wisdom Trust FX-Linked RMB Structured Deposit A38232 Period C26A38232
Ningbo Bank Unit Structured Deposit 7202602860
2. Date of occurrence: June 16, 2026 ~ June 16, 2026
3. Board approval date: Not applicable
4. Other approval dates:
Approval level: Executed in accordance with company authorization
June 16, 2026 (Republic of China Year 115)
5. Transaction quantity, unit price, and total transaction amount:
A38232 Period C26A38232 (30 days): RMB 20 million
Structured Deposit 7202602860 (32 days): RMB 30 million
6. Counterparty and relationship with the company (if the counterparty is an individual and not a related party, name disclosure may be omitted):
Counterparty: China CITIC Bank Co., Ltd.; Relationship with company: None
Counterparty: Ningbo Bank Co., Ltd.; Relationship with company: None
7. If the counterparty is a related party, disclose the reason for selection, previous transferor, relationships among the previous transferor, company, and counterparty, transfer date, and amount:
Not applicable
8. If the owner of the subject matter was a related party of the company within the past five years, disclose the date and price of acquisition and disposal, and the relationship with the company at the time:
Not applicable
9. Matters related to the disposal of receivables (including types of collateral attached to disposed receivables; if receivables from related parties are involved, disclose the name and book value of the receivables):
Not applicable
10. Gain (or loss) from disposal (not applicable for acquisition of securities; if previously deferred, explain recognition in table form):
Not applicable
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
One-time payment
12. Decision-making method for this transaction, reference basis for pricing, and decision-making unit:
Executed in accordance with company authorization.
13. Net asset value per share of the securities-issuing company acquired or disposed:
Not applicable
14. Cumulative holdings (including this transaction) of the securities involved, as of now, including quantity, amount, ownership percentage, and rights restrictions (e.g., pledge status):
Quantity: Not applicable
Amount: RMB 50 million
Ownership percentage: Not applicable
Rights restrictions: None
Cumulative holding amount: RMB 50 million
15. Cumulative investment in securities under Article 3 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies' (including this transaction), as a percentage of total assets and equity attributable to owners of the parent in the latest financial statements, and the amount of working capital in the latest financial statements:
(1) Percentage of total assets: 24.019%
(2) Percentage of equity attributable to owners of the parent: 46.836%
(3) Working capital amount: NT$6,975,964 thousand
16. Broker and brokerage fees:
Not applicable
17. Specific purpose or use of the acquisition or disposal:
Short-term investment
18. Dissenting director opinions on this transaction:
Not applicable
19. Is this transaction a related-party transaction: No
20. Date of supervisor approval or audit committee consent:
Not applicable
21. Did the accountant issue a non-reasonableness opinion on this transaction: Not applicable
22. Name of accounting firm:
Not applicable
23. Name of accountant:
Not applicable
24. Accountant practice certificate number:
Not applicable
25. Does this involve a change in business model: No
26. Explanation of business model change:
Not applicable
27. Transaction history with the counterparty in the past year and expected in the next year:
Not applicable
28. Source of funds:
Existing working capital
29. Previous date of material information disclosure on the same event: Not applicable
30. Other explanatory matters:
None
FAQ
What was the purpose of acquiring these financial products?
For short-term fund deployment, balancing liquidity and yield.
Are the counterparty banks reliable?
China CITIC Bank and Ningbo Bank are reputable financial institutions in China.
How is foreign exchange risk managed in this transaction?
The FX-linked product has a short maturity, limiting exposure to currency fluctuations.