UNQ Holdings Limited (HK:2177) has released an update.
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UNQ Holdings Limited has announced that its subsidiary, UNQ Supply Chain, has entered into a Guarantee Agreement to provide a financial guarantee of up to RMB 48 million for Shanghai Xuyi under a loan agreement. This move aims to strengthen the cooperative development between UNQ’s e-commerce and Shanghai Xuyi’s offline business, potentially offering strategic opportunities for UNQ in the future. The company views this as a step towards consolidating industrial resources and aligning with its broader business strategy.
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