Wuxi NCE Power, Subsidiary Redeem 363 Million Yuan in Structured Deposits

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Yesterday

Wuxi NCE Power (SHA:605111) and its subsidiary redeemed two structured deposit products purchased from China CITIC Bank, according to a Thursday filing with the Shanghai Stock Exchange.

The power semiconductor company redeemed 354 million yuan in principal along with 470,014 yuan in investment income. Additionally, subsidiary Jinlan Power Semiconductor redeemed 9 million yuan in principal and 7,151 yuan in yield from the 29-day exchange rate-linked deposits.

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