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Unisplendour Corp advances guarantees and approves 2026 financial plans

December 19, 2025 at 05:27 PM UTCBy FilingReader AI

Unisplendour Corp announced that its wholly-owned subsidiary, Unisplendour Digital (Suzhou) Group Co., Ltd., signed a maximum guarantee contract with China CITIC Bank Corporation Limited Tianjin Branch. This guarantee secures an RMB 80 million comprehensive credit line for Unisplendour E-commerce Co., Ltd., valid from December 17, 2025, to September 30, 2026. This action falls under the RMB 1.06 bn total guarantee limit approved by the company's board on April 28, 2025, and shareholders on May 20, 2025. Post-guarantee, Unisplendour Digital (Suzhou)'s outstanding guarantee for Unisplendour E-commerce is RMB 160 million, with RMB 900 million remaining in the available guarantee limit.

The guarantees are part of broader financial approvals from an Extraordinary General Meeting (EGM) held on December 19, 2025. At the EGM, shareholders approved proposals including the 2026 daily foreign exchange hedging quota, the feasibility report for foreign exchange hedging business, and the proposal to provide bank credit line guarantees for subsidiaries.

Additionally, the EGM approved the 2026 accounts receivable factoring quota, indicating a comprehensive financial strategy for the upcoming year. The attendance at the EGM included 1,756 shareholders representing 31.1241% of the total voting shares.

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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