FilingReader Intelligence

Unisplendour affiliate H3C sells minority stake to investors

November 17, 2025 at 05:18 PM UTCBy FilingReader AI

On November 17, 2025, Unisplendour Corp's subsidiary, Unigroup International Information Technology Co., Ltd., and a group of investors signed share purchase agreements with HPE Cayman to acquire a total of 10% of H3C Technologies Co., Ltd. shares. Unigroup International will acquire approximately 1.80% of H3C's equity for $128,422,895.10.

Concurrently, Beijing Xinhua Zhilian Equity Investment Co., Ltd., CITIC Financial Asset Management Co., Ltd., Beijing Changshi Zhihua Equity Investment Co., Ltd., and Shenzhen Zhaohua Xintong Phase I Private Equity Investment Partnership (Limited Partnership) acquired shares for a combined total of $585,855,399.90. The acquisition price for all investors is $735.99 per share, consistent with previous agreements.

Upon completion, Unigroup International's stake in H3C will increase from 81% to 82.80%, which will not affect Unisplendour Corp's consolidated financial statements.

H3C's audited financial data for January-June 2025 shows total assets of RMB 6,165,006.84 thousand, total liabilities of RMB 4,811,405.46 thousand, and net assets of RMB 1,353,601.39 thousand. During this period, H3C's operating income reached RMB 3,640,383.53 thousand, with a total profit of RMB 192,045.98 thousand and a net profit of RMB 185,084.95 thousand.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000938Shenzhen Stock Exchange

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