Unisplendour Corporation Intends to Seek M&A Loans Up to RMB 8.523 Billion for Loan Replacement, Awaiting Shareholder Green Light
22 hour ago / Read about 0 minute
Author:小编   

On July 21, 2026, Unisplendour Corporation convened a board meeting, during which the "Proposal on Applying for M&A Loans from Banks" was given the nod, though it still awaits the endorsement of shareholders. Earlier, Unisplendour International had obtained a loan amounting to RMB 8.972 billion to facilitate the acquisition of a 30% stake in New H3C, with an outstanding principal of RMB 8.523 billion remaining. In a bid to trim interest outlays and streamline financing expenses, Unisplendour International is set to apply for M&A loans, with the amount not surpassing RMB 8.523 billion, to substitute the current loans. The loan term is projected not to exceed six years.