Bluefocus announces substantial 2026 guarantee limit for growth, financing

Bluefocus Intelligent Communications Group (Bluefocus) announced an estimated guarantee limit of up to CNY 99.4340 bn for 2026, primarily to support its advertising placement and financing needs. This amount covers new guarantees and extensions/renewals, excluding existing unexpired guarantees. This decision, approved by the board on December 25, 2025, requires shareholder approval and will be effective for 12 months following the shareholder meeting.

The guarantees primarily involve Bluefocus and its wholly-owned subsidiaries, facilitating media platform cooperation agreements and bank credit applications. Guarantees for some subsidiaries with a debt-to-asset ratio exceeding 70% were highlighted as a special risk. The guarantees are for 19 entities, including subsidiaries like Domob Ruida Limited and BlueVision Interactive Limited.

Shareholders will vote on this proposal at the First Extraordinary General Meeting of 2026, scheduled for January 13, 2026, in Beijing. The board deems these guarantees necessary for business development and within controllable financial risk. The total actual guarantee amount for subsidiaries is CNY 318,810.07, representing 42.00% of the company's latest audited net assets.