Unisplendour announced that its wholly owned subsidiary Suzhou Unisplendour Digital has completed the industrial and commercial registration change for transferring a 65% stake in Suzhou Unisplendour Digital Internet Technology Microcredit Company to Unisplendour Cloud Data Technology, at a transaction price of 276.174 million yuan. After the change, the 65% stake in Unisplendour Technology Microcredit has been registered under Unisplendour Cloud Data, Suzhou Unisplendour Digital no longer holds any equity in Unisplendour Technology Microcredit, and Unisplendour Technology Microcredit is no longer included in the company's consolidated financial statements. The transaction has been reviewed and approved by the 31st meeting of the company's ninth board of directors and the fifth extraordinary shareholders' meeting of 2026.
Unisplendour Corp LtdCompany completes divestment of 65% stake in microcredit subsidiary, removing it from consolidation; impact depends on strategic intent.
