UNQ Holdings Strengthens Market Position with Strategic Guarantee Agreement
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UNQ Holdings Limited (HK:2177) announced that its subsidiary, UNQ Supply Chain, has entered into a Guarantee Agreement to provide a guarantee of up to RMB 47,500,000 for Shanghai Xuyi’s loan repayment obligations. This strategic move aims to enhance cooperation between UNQ's e-commerce business and Shanghai Xuyi's offline operations, potentially leading to future collaborations. The current analyst rating for UNQ Holdings stock is a Hold with a price target of HK$2.50. The company focuses on integrating online and offline sales channels and has a market cap of HK$459.5M.
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