Core Viewpoint - Ningbo Fubang Precision Industry Group Co., Ltd. announced the redemption of wealth management products by its wholly-owned subsidiary, Ningbo Fubang Precision Trade Co., Ltd., as part of the process to accelerate the absorption and merger of the trade company [1]. Group 1: Financial Transactions - The trade company purchased a wealth management product from Industrial Bank worth 3 million yuan on April 26, 2021 [1]. - On June 19, 2025, the trade company invested 17 million yuan in a fixed-income wealth management product from Xinyin [1]. - The trade company has recently redeemed the aforementioned wealth management products to facilitate the merger process [1].