Union International: provide a guarantee for the comprehensive credit of 100 million yuan for its subsidiary Union Hong Kong.

date
05/06/2026
InterContinental Group announced that in order to meet the funding needs of its wholly-owned subsidiary Intercontinental Hong Kong for production and business development, it has applied for a comprehensive credit line of 100 million yuan from China Merchants Bank. The company provides a joint liability guarantee without charging guarantee fees or counter-guarantees. This matter has been reviewed and approved at the first meeting of the Fifth Board of Directors of the company, and does not need to be submitted to the shareholders' meeting. As of the disclosure date of the announcement, the company and its wholly-owned subsidiaries have provided guarantees to external parties totaling 410 million yuan, accounting for 13.95% of the audited net assets for the year 2025, with no overdue external guarantee situations.