Ping An Bank to Provide Additional 2 Billion Yuan Credit to Founder Securities

MT Newswires Live2025-04-04

Ping An Bank (SHE:000001) agreed to provide additional interbank comprehensive credit amounting to 2 billion yuan to Founder Securities (SHA:601901), according to a Shenzhen Stock Exchange filing on Friday.

The credit is valid until Jan. 23, 2026.

Founder Securities' major shareholder is New Founder Holdings Development, which is indirectly controlled by the Chinese lender.

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