UNQ HOLDINGS (02177) announced that on October 21, 2025, its indirect wholly-owned subsidiary, UNQ Supply Chain, signed a guarantee agreement with creditors, agreeing to provide a guarantee of up to RMB 47.5 million to ensure that Shanghai Xuyi fulfills its repayment obligations under the loan agreement. Shanghai Xuyi primarily acts as an agent for products from Japanese brands like FETISE and Kobayashi Pharmaceutical, establishing business relationships with several leading offline retail channels. The board believes that providing this guarantee under the agreement will facilitate the synergistic development of the company's e-commerce business with Shanghai Xuyi's offline business model and sales channel integration. By offering this guarantee, the group maintains a close connection with Shanghai Xuyi, allowing it to closely monitor their business development and market dynamics across various sales channels in the industry. Should the group seek further strategic cooperation or investment opportunities with Shanghai Xuyi in the future, it will be in a favorable position. For these reasons, providing this guarantee will positively impact the group’s integration of industry-related resources and strategic positioning, helping the group to become an industry leader and aligning with its overall business strategy and long-term interests.