COL Digital to guarantee subsidiary FlareFlow's $20m overseas expansion

COL Digital Publishing Group (COL Digital) announced on October 23, 2025, that its board approved providing guarantees for its wholly-owned subsidiaries, FLAREFLOW PTE. LTD. and Guangdong Hengqin Yankun Technology Co., Ltd. These guarantees support FlareFlow's promotional activities for its short-drama app, securing media promotion service agreements. The guarantees cover up to $20 million on a revolving basis, ensuring FlareFlow's business development, particularly its overseas market penetration.

Separately, COL Digital also approved a comprehensive credit line application for its various subsidiaries, including Beijing Chinese Online Education Technology Development Co., Ltd. and Beijing Chinese Online Cultural Media Co., Ltd., totaling up to 570 million yuan. These credit lines are secured by COL Digital and its controlling shareholder, Mr. Tong Zhilei, through joint and several liability guarantees.

The company's third-quarter report for 2025 highlights a substantial increase in operating revenue due to FlareFlow's international growth, achieving top rankings in entertainment apps on Google Play and App Store in the US. FlareFlow has accumulated over 19 million downloads, featuring more than 3,000 titles and utilizing AI for content creation, promotion, and optimization.