Qianlong Technology (HKG:1236) announced that, on 6 February 2012, it subscribed for a wealth-management product issued by ICBC (SHA:601398, HKG:1398) at a consideration of RMB27 million (HK$33 million).

The product, ICBC Wealth Management - Win-Win No. 3 (Shanghai) Issue 030 (80 days) of 2012, is a non-capital preservation and floating income product with an expiry date of 26 April 2012.