Victory Giant Technology adjusts investment plans, guarantees subsidiary credit

Victory Giant Technology (Huizhou) announced an adjustment to the proposed investment amount of its raised funds, following a previous issuance of RMB 7,660,672 A-shares at RMB 248.02 per share, totaling RMB 1,899,999,869.44. The net raised funds, after deducting issuance expenses, amounted to RMB 1,876,386,754.11. The adjustment, approved by the board on October 27, 2025, reallocates funds primarily for the Thailand high-layer printed circuit board project, reducing its proposed investment from RMB 50,000.00 to RMB 47,638.68. The Vietnam HDI project and working capital/debt repayment allocations remain unchanged.

In a related move, the company also approved a guarantee for its wholly-owned Hong Kong subsidiary, Macro Profit International Technology Co., Ltd., for a credit line not exceeding $30m. This decision aims to facilitate the subsidiary's financing activities and enhance operational efficiency. As of the announcement date, Macro Profit's asset-liability ratio exceeds 70%, underscoring a controlled risk profile given Victory Giant Technology’s full ownership and management oversight.

The company further reported its third-quarter 2025 financial performance, showing a significant increase in total assets to RMB 30,612,476,407.28 and net profit attributable to shareholders of RMB 3,244,826,449.42, up 324.38% year-to-date. These financial results underscore the company's growth and strategic initiatives.