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Beijing Digital Telecom Seeks Shareholder Approval to Raise Factoring Financing Limit to RMB 200 Million

PUBT·11/13/2026 14:53:06
Beijing Digital Telecom Seeks Shareholder Approval to Raise Factoring Financing Limit to RMB 200 Million
  • Beijing Digital Telecom shareholders will vote at an extraordinary general meeting on a 2027-2029 financial services agreement with Huafa Finance.
  • Proposed daily deposits are capped at RMB 2 billion; connected shareholders controlling 74.99% must abstain from the agreement vote.
  • Shareholders will also consider increasing the revolving factoring financing limit to RMB 200 million from RMB 69.5 million.
  • A proposed mandate would authorize additional factoring agreements for wholly owned subsidiaries and the company, within the aggregate RMB 200 million limit.
  • Directors consider the financial services agreement, increased factoring limit and mandate fair, reasonable and in shareholders' interests.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Digital Telekom Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261113-12412990), on November 13, 2026, and is solely responsible for the information contained therein.