Zhitong Finance App News, Singularity Guofeng (01280) issued an announcement. The board of directors of China Qidian Guofeng Holdings Co., Ltd. was informed by Noble Trade International Holdings Limited (Sungxing International), the company's main shareholder, that it has entered into an agreement with HK Saint Next Investment Limited (lender) and Pioneer Elite Assets Limited (grantor) on September 21, 2026 Tripartite share charge agreement.

According to the share charge agreement, Sungxing International uses the grantor as the beneficiary to set a fixed charge for 277 million shares of the Company's common shares, which is equivalent to approximately 14.33% of the Company's issued share capital at the date of this announcement. This charge guarantees all debts, liabilities and liabilities (i.e. the total principal amount of HK$50.8 million, together with all accrued interest, default interest, fines, damages, costs and other payables) owed by Sungheng International to the lender. The principal amount and all accrued interest shall be repaid within one year from the date of the share charge agreement.

Shengxing International is wholly owned by Mogen Ltd., while Mogen Ltd. is wholly owned by Mr. Yuan Li, Chairman and Executive Director of the Company, through Greatssjy Co., Ltd. As of the date of this announcement, Sungxing International held 277 million shares of common stock, which is equivalent to approximately 14.33% of the Company's issued share capital.

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